Elkem ASA (ELK) — Capital Reinvestment Ratio
Elkem ASA (ELK) has a Capital Reinvestment Ratio of 1.05x as of December 2025, meaning it reinvests 1% of its operating cash flow (Nkr555.00 Million) in capital expenditures (Nkr580.00 Million). Check Elkem ASA (ELK) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Elkem ASA Capital Reinvestment Ratio (2014–2025)
This chart tracks Elkem ASA's Capital Reinvestment Ratio across 12 annual periods. For the full cash flow conversion analysis, see Elkem ASA (ELK) cash flow conversion.
Annual Capital Reinvestment Ratio for Elkem ASA (2014–2025)
Year-by-year Capital Reinvestment Ratio for Elkem ASA from 2014 to 2025. See ELK cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (NOK) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.97x | Nkr1.18 Billion | Nkr2.32 Billion | ▲ +17.8% |
| 2024 | 1.67x | Nkr2.03 Billion | Nkr3.40 Billion | ▲ +58.8% |
| 2023 | 1.05x | Nkr5.08 Billion | Nkr5.36 Billion | ▲ +133.1% |
| 2022 | 0.45x | Nkr9.31 Billion | Nkr4.21 Billion | ▼ -32.0% |
| 2021 | 0.66x | Nkr4.91 Billion | Nkr3.27 Billion | ▼ -40.2% |
| 2020 | 1.11x | Nkr2.11 Billion | Nkr2.35 Billion | ▼ -4.5% |
| 2019 | 1.16x | Nkr1.84 Billion | Nkr2.14 Billion | ▲ +171.0% |
| 2018 | 0.43x | Nkr4.46 Billion | Nkr1.92 Billion | ▼ -29.1% |
| 2017 | 0.61x | Nkr1.53 Billion | Nkr930.34 Million | ▲ +4.7% |
| 2016 | 0.58x | Nkr1.30 Billion | Nkr755.28 Million | ▼ -1.2% |
| 2015 | 0.59x | Nkr1.82 Billion | Nkr1.07 Billion | ▼ -53.6% |
| 2014 | 1.26x | Nkr674.29 Million | Nkr851.59 Million | — |