Nova Minerals Limited (NVA) — Capital Reinvestment Ratio
Nova Minerals Limited (NVA) has a Capital Reinvestment Ratio of 0.79x as of September 2024, meaning it reinvests 1% of its operating cash flow ($150.25 Million) in capital expenditures ($118.46 Million). Check Nova Minerals Limited tangible equity quality to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Nova Minerals Limited Capital Reinvestment Ratio (2004–2024)
This chart tracks Nova Minerals Limited's Capital Reinvestment Ratio across 21 annual periods. For the full cash flow conversion analysis, see Nova Minerals Limited (NVA) cash flow conversion.
Annual Capital Reinvestment Ratio for Nova Minerals Limited (2004–2024)
Year-by-year Capital Reinvestment Ratio for Nova Minerals Limited from 2004 to 2024. See NVA free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.78x | $721.34 Million | $561.20 Million | ▲ +57.9% |
| 2023 | 0.49x | $844.82 Million | $416.17 Million | ▼ -42.1% |
| 2022 | 0.85x | $338.58 Million | $287.84 Million | ▼ -30.5% |
| 2021 | 1.22x | $147.20 Million | $180.11 Million | ▲ +1.8% |
| 2020 | 1.20x | $263.86 Million | $317.05 Million | ▼ -68.4% |
| 2019 | 3.81x | $251.06 Million | $955.36 Million | ▲ +171.8% |
| 2018 | 1.40x | $224.68 Million | $314.54 Million | ▼ -6.9% |
| 2017 | 1.50x | $126.75 Million | $190.50 Million | ▼ -36.5% |
| 2016 | 2.37x | $111.40 Million | $263.68 Million | ▼ -40.3% |
| 2015 | 3.97x | $86.17 Million | $341.80 Million | ▲ +53.7% |
| 2014 | 2.58x | $83.26 Million | $214.91 Million | ▲ +54.2% |
| 2013 | 1.67x | $58.52 Million | $97.98 Million | ▲ +65.8% |
| 2012 | 1.01x | $160.27 Million | $161.83 Million | ▼ -18.2% |
| 2011 | 1.23x | $167.46 Million | $206.69 Million | ▼ -23.7% |
| 2010 | 1.62x | $191.66 Million | $309.91 Million | ▲ +90.9% |
| 2009 | 0.85x | $232.12 Million | $196.59 Million | ▼ -47.5% |
| 2008 | 1.61x | $103.18 Million | $166.61 Million | ▲ +47.9% |
| 2007 | 1.09x | $113.49 Million | $123.89 Million | ▲ +25.7% |
| 2006 | 0.87x | $101.72 Million | $88.36 Million | ▼ -17.8% |
| 2005 | 1.06x | $42.94 Million | $45.37 Million | ▼ -20.8% |
| 2004 | 1.33x | $15.71 Million | $20.96 Million | — |