MorningStar Partners, L.P. (TXO) — Capital Reinvestment Ratio
MorningStar Partners, L.P. (TXO) has a Capital Reinvestment Ratio of 0.04x as of March 2026, meaning it reinvests 0% of its operating cash flow ($33.41 Million) in capital expenditures ($1.22 Million). Check TXO tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
MorningStar Partners, L.P. Capital Reinvestment Ratio (2020–2025)
This chart tracks MorningStar Partners, L.P.'s Capital Reinvestment Ratio across 6 annual periods. For the full cash flow conversion analysis, see MorningStar Partners, L.P. cash conversion from operations.
Annual Capital Reinvestment Ratio for MorningStar Partners, L.P. (2020–2025)
Year-by-year Capital Reinvestment Ratio for MorningStar Partners, L.P. from 2020 to 2025. See MorningStar Partners, L.P. (TXO) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 2.23x | $118.19 Million | $263.62 Million | ▼ -8.1% |
| 2024 | 2.43x | $109.30 Million | $265.16 Million | ▲ +1696.1% |
| 2023 | 0.14x | $77.15 Million | $10.42 Million | ▼ -70.9% |
| 2022 | 0.46x | $136.38 Million | $63.27 Million | ▼ -84.4% |
| 2021 | 2.98x | $73.73 Million | $219.43 Million | ▲ +381.2% |
| 2020 | 0.62x | $18.96 Million | $11.73 Million | — |