Novacyt (ALNOV) — Capital Reinvestment Ratio

Latest as of December 2021: 0.07x

Novacyt (ALNOV) has a Capital Reinvestment Ratio of 0.07x as of December 2021, meaning it reinvests 0% of its operating cash flow (€16.56 Million) in capital expenditures (€1.10 Million). Check Novacyt (ALNOV) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.07x
Capex / Operating Cash Flow

Operating Cash Flow

€16.56 Million
EUR

Capital Expenditures

€1.10 Million
EUR

Data as of

Dec 2021
Most recent filing

Novacyt Capital Reinvestment Ratio (2010–2021)

This chart tracks Novacyt's Capital Reinvestment Ratio across 3 annual periods. For the full cash flow conversion analysis, see ALNOV cash flow conversion.

Annual Capital Reinvestment Ratio for Novacyt (2010–2021)

Year-by-year Capital Reinvestment Ratio for Novacyt from 2010 to 2021. See Novacyt (ALNOV) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (EUR) Capital Expenditures YoY Change
2021 0.26x €15.69 Million €4.10 Million ▲ +2178.6%
2020 0.01x €102.98 Million €1.18 Million ▼ -99.8%
2010 4.68x €33.77K €158.14K
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow