Companhia Siderurgica Nacional ADR (SID) — Capital Reinvestment Ratio
Companhia Siderurgica Nacional ADR (SID) has a Capital Reinvestment Ratio of 94.85x as of December 2025, meaning it reinvests 95% of its operating cash flow ($21.69 Million) in capital expenditures ($2.06 Billion). Check Companhia Siderurgica Nacional ADR 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
Companhia Siderurgica Nacional ADR Capital Reinvestment Ratio (1997–2024)
This chart tracks Companhia Siderurgica Nacional ADR's Capital Reinvestment Ratio across 27 annual periods. For the full cash flow conversion analysis, see Companhia Siderurgica Nacional ADR cash flow conversion.
Annual Capital Reinvestment Ratio for Companhia Siderurgica Nacional ADR (1997–2024)
Year-by-year Capital Reinvestment Ratio for Companhia Siderurgica Nacional ADR from 1997 to 2024. See Companhia Siderurgica Nacional ADR free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.64x | $8.65 Billion | $5.49 Billion | ▲ +5.1% |
| 2023 | 0.60x | $7.29 Billion | $4.41 Billion | ▼ -77.0% |
| 2022 | 2.63x | $2.04 Billion | $5.38 Billion | ▲ +1409.6% |
| 2021 | 0.17x | $16.43 Billion | $2.86 Billion | ▼ -0.8% |
| 2020 | 0.18x | $9.58 Billion | $1.68 Billion | ▼ -61.3% |
| 2019 | 0.45x | $4.87 Billion | $2.22 Billion | ▼ -23.9% |
| 2018 | 0.60x | $2.21 Billion | $1.32 Billion | ▼ -67.8% |
| 2017 | 1.85x | $571.85 Million | $1.06 Billion | ▼ -68.7% |
| 2016 | 5.91x | $275.92 Million | $1.63 Billion | ▲ +1753.3% |
| 2015 | 0.32x | $5.07 Billion | $1.62 Billion | ▼ -79.5% |
| 2014 | 1.56x | $1.19 Billion | $1.85 Billion | ▲ +37.4% |
| 2013 | 1.13x | $2.20 Billion | $2.49 Billion | ▲ +25.7% |
| 2012 | 0.90x | $3.49 Billion | $3.14 Billion | ▼ -13.9% |
| 2011 | 1.05x | $4.20 Billion | $4.40 Billion | ▼ -29.0% |
| 2010 | 1.47x | $2.48 Billion | $3.66 Billion | ▼ -93.7% |
| 2009 | 23.25x | $69.78 Million | $1.62 Billion | ▲ +5324.1% |
| 2008 | 0.43x | $4.79 Billion | $2.05 Billion | ▼ -14.3% |
| 2007 | 0.50x | $2.25 Billion | $1.13 Billion | ▲ +202.9% |
| 2006 | 0.17x | $4.10 Billion | $677.15 Million | ▲ +0.0% |
| 2005 | 0.17x | $4.10 Billion | $677.15 Million | ▼ -70.0% |
| 2004 | 0.55x | $860.56 Million | $472.78 Million | ▲ +48.9% |
| 2003 | 0.37x | $1.64 Billion | $605.89 Million | ▲ +12.7% |
| 2002 | 0.33x | $2.85 Billion | $934.51 Million | ▼ -84.0% |
| 2001 | 2.05x | $487.68 Million | $998.59 Million | ▲ +233.2% |
| 2000 | 0.61x | $1.20 Billion | $735.06 Million | ▲ +54.4% |
| 1999 | 0.40x | $1.17 Billion | $464.12 Million | ▲ +366.7% |
| 1997 | 0.09x | $410.80 Million | $35.04 Million | — |