Photocure (PHO) — Capital Reinvestment Ratio
Photocure (PHO) has a Capital Reinvestment Ratio of 0.08x as of June 2026, meaning it reinvests 0% of its operating cash flow (Nkr62.78 Million) in capital expenditures (Nkr5.19 Million). Check Photocure tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Photocure Capital Reinvestment Ratio (2006–2025)
This chart tracks Photocure's Capital Reinvestment Ratio across 10 annual periods. For the full cash flow conversion analysis, see how efficiently does Photocure generate cash.
Annual Capital Reinvestment Ratio for Photocure (2006–2025)
Year-by-year Capital Reinvestment Ratio for Photocure from 2006 to 2025. See Photocure free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (NOK) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.80x | Nkr25.96 Million | Nkr20.70 Million | ▲ +434.8% |
| 2024 | 0.15x | Nkr76.75 Million | Nkr11.45 Million | ▼ -61.5% |
| 2023 | 0.39x | Nkr29.39 Million | Nkr11.39 Million | ▲ +150.0% |
| 2021 | 0.16x | Nkr23.89 Million | Nkr3.70 Million | ▲ +50.5% |
| 2020 | 0.10x | Nkr15.59 Million | Nkr1.60 Million | ▲ +72.0% |
| 2019 | 0.06x | Nkr20.66 Million | Nkr1.24 Million | ▼ -94.8% |
| 2016 | 1.15x | Nkr19.19 Million | Nkr22.10 Million | ▼ -3.4% |
| 2010 | 1.19x | Nkr15.60 Million | Nkr18.60 Million | ▲ +58777.8% |
| 2009 | 0.00x | Nkr317.44 Million | Nkr643.00K | ▼ -91.5% |
| 2006 | 0.02x | Nkr66.33 Million | Nkr1.58 Million | — |