Believe SAS (BLV) — Capital Reinvestment Ratio
Believe SAS (BLV) has a Capital Reinvestment Ratio of 0.34x as of December 2024, meaning it reinvests 0% of its operating cash flow (€17.51 Million) in capital expenditures (€5.90 Million). Check Believe SAS tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Believe SAS Capital Reinvestment Ratio (2018–2024)
This chart tracks Believe SAS's Capital Reinvestment Ratio across 5 annual periods. For the full cash flow conversion analysis, see Believe SAS (BLV) cash flow conversion.
Annual Capital Reinvestment Ratio for Believe SAS (2018–2024)
Year-by-year Capital Reinvestment Ratio for Believe SAS from 2018 to 2024. See free cash flow generation of Believe SAS to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 1.96x | €21.93 Million | €43.05 Million | ▼ -49.3% |
| 2023 | 3.87x | €12.71 Million | €49.22 Million | ▲ +1020.8% |
| 2022 | 0.35x | €73.66 Million | €25.45 Million | ▼ -54.7% |
| 2019 | 0.76x | €31.85 Million | €24.31 Million | ▲ +190.8% |
| 2018 | 0.26x | €29.12 Million | €7.64 Million | — |