National HealthCare Corporation (NHC) — Capital Reinvestment Ratio
National HealthCare Corporation (NHC) has a Capital Reinvestment Ratio of 0.15x as of March 2026, meaning it reinvests 0% of its operating cash flow ($62.53 Million) in capital expenditures ($9.64 Million). Check NHC intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
National HealthCare Corporation Capital Reinvestment Ratio (1991–2025)
This chart tracks National HealthCare Corporation's Capital Reinvestment Ratio across 35 annual periods. For the full cash flow conversion analysis, see National HealthCare Corporation operating cash flow efficiency.
Annual Capital Reinvestment Ratio for National HealthCare Corporation (1991–2025)
Year-by-year Capital Reinvestment Ratio for National HealthCare Corporation from 1991 to 2025. See National HealthCare Corporation (NHC) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.20x | $185.08 Million | $36.45 Million | ▼ -23.4% |
| 2024 | 0.26x | $107.30 Million | $27.60 Million | ▲ +2.5% |
| 2023 | 0.25x | $111.22 Million | $27.90 Million | ▼ -92.7% |
| 2022 | 3.45x | $8.74 Million | $30.20 Million | ▲ +447.1% |
| 2021 | 0.63x | $62.39 Million | $39.40 Million | ▲ +486.8% |
| 2020 | 0.11x | $203.26 Million | $21.87 Million | ▼ -59.2% |
| 2019 | 0.26x | $100.10 Million | $26.40 Million | ▼ -12.8% |
| 2018 | 0.30x | $98.44 Million | $29.77 Million | ▼ -11.7% |
| 2017 | 0.34x | $94.47 Million | $32.35 Million | ▼ -50.3% |
| 2016 | 0.69x | $90.88 Million | $62.60 Million | ▼ -12.8% |
| 2015 | 0.79x | $73.96 Million | $58.42 Million | ▲ +12.2% |
| 2014 | 0.70x | $75.69 Million | $53.30 Million | ▲ +65.9% |
| 2013 | 0.42x | $102.35 Million | $43.44 Million | ▲ +24.8% |
| 2012 | 0.34x | $64.69 Million | $22.00 Million | ▲ +16.3% |
| 2011 | 0.29x | $80.65 Million | $23.60 Million | ▼ -44.4% |
| 2010 | 0.53x | $62.40 Million | $32.84 Million | ▲ +1.7% |
| 2009 | 0.52x | $85.15 Million | $44.06 Million | ▼ -31.0% |
| 2008 | 0.75x | $56.88 Million | $42.66 Million | ▲ +93.9% |
| 2007 | 0.39x | $45.94 Million | $17.76 Million | ▼ -63.1% |
| 2006 | 1.05x | $35.73 Million | $37.40 Million | ▲ +263.0% |
| 2005 | 0.29x | $63.84 Million | $18.41 Million | ▼ -74.3% |
| 2004 | 1.12x | $20.30 Million | $22.74 Million | ▲ +108.3% |
| 2003 | 0.54x | $45.41 Million | $24.43 Million | ▲ +103.8% |
| 2002 | 0.26x | $48.56 Million | $12.82 Million | ▲ +71.8% |
| 2001 | 0.15x | $34.78 Million | $5.34 Million | ▲ +19.4% |
| 2000 | 0.13x | $52.23 Million | $6.72 Million | ▼ -80.3% |
| 1999 | 0.66x | $33.59 Million | $22.00 Million | ▼ -22.2% |
| 1998 | 0.84x | $28.50 Million | $24.00 Million | ▼ -14.8% |
| 1997 | 0.99x | $35.20 Million | $34.80 Million | ▼ -26.6% |
| 1996 | 1.35x | $52.00 Million | $70.00 Million | ▲ +82.7% |
| 1995 | 0.74x | $39.90 Million | $29.40 Million | ▲ +141.0% |
| 1994 | 0.31x | $31.40 Million | $9.60 Million | ▼ -67.3% |
| 1993 | 0.94x | $32.70 Million | $30.60 Million | ▼ -31.2% |
| 1992 | 1.36x | $10.80 Million | $14.70 Million | ▼ -30.3% |
| 1991 | 1.95x | $17.10 Million | $33.40 Million | — |