Nova Minerals Limited Capital Reinvestment Ratio

Latest as of September 2024: 0.79x

Nova Minerals Limited 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). See Nova Minerals Limited free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

Capital Reinvestment Ratio

0.79x
Capex / Operating Cash Flow

Operating Cash Flow

$150.25 Million
USD

Capital Expenditures

$118.46 Million
USD

Data as of

Sep 2024
Most recent filing

Capital Reinvestment Ratio of Nova Minerals Limited (2004–2024)

Capital reinvestment ratio of Nova Minerals Limited from 2004 to 2024. This chart tracks Nova Minerals Limited's Capital Reinvestment Ratio across 21 annual periods. See financial agility of Nova Minerals Limited to measure the company's free cash flow as a share of total liabilities.

Nova Minerals Limited Capital Reinvestment Ratio by Year (2004–2024)

Nova Minerals Limited capital reinvestment ratio by year from 2004 to 2024. For the full cash flow conversion analysis, see NVA cash flow metrics.

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 —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow