Retractable Technologies Inc (RVP) — Capital Reinvestment Ratio
Retractable Technologies Inc (RVP) has a Capital Reinvestment Ratio of 0.08x as of December 2023, meaning it reinvests 0% of its operating cash flow ($1.89 Million) in capital expenditures ($153.69K). Check tangible equity quality of Retractable Technologies Inc to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Retractable Technologies Inc Capital Reinvestment Ratio (2003–2023)
This chart tracks Retractable Technologies Inc's Capital Reinvestment Ratio across 11 annual periods. For the full cash flow conversion analysis, see RVP cash flow conversion.
Annual Capital Reinvestment Ratio for Retractable Technologies Inc (2003–2023)
Year-by-year Capital Reinvestment Ratio for Retractable Technologies Inc from 2003 to 2023. See how much free cash does Retractable Technologies Inc generate to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2023 | 0.31x | $2.77 Million | $852.98K | ▼ -69.3% |
| 2022 | 1.00x | $16.77 Million | $16.83 Million | ▼ -43.6% |
| 2021 | 1.78x | $32.79 Million | $58.37 Million | ▲ +60.6% |
| 2020 | 1.11x | $19.00 Million | $21.05 Million | ▲ +284.7% |
| 2019 | 0.29x | $2.19 Million | $632.08K | ▲ +198.2% |
| 2013 | 0.10x | $2.93 Million | $283.29K | ▼ -97.0% |
| 2012 | 3.22x | $158.34K | $510.12K | ▲ +2050.3% |
| 2011 | 0.15x | $5.51 Million | $826.09K | ▲ +672.1% |
| 2010 | 0.02x | $8.73 Million | $169.41K | ▼ -55.0% |
| 2004 | 0.04x | $56.48 Million | $2.44 Million | ▼ -9.9% |
| 2003 | 0.05x | $8.06 Million | $385.92K | — |