Covivio Hotels (COVH) — Capital Reinvestment Ratio
Covivio Hotels (COVH) has a Capital Reinvestment Ratio of 0.95x as of June 2026, meaning it reinvests 1% of its operating cash flow (€122.70 Million) in capital expenditures (€116.10 Million). Check COVH goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Covivio Hotels Capital Reinvestment Ratio (2005–2025)
This chart tracks Covivio Hotels's Capital Reinvestment Ratio across 21 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Covivio Hotels.
Annual Capital Reinvestment Ratio for Covivio Hotels (2005–2025)
Year-by-year Capital Reinvestment Ratio for Covivio Hotels from 2005 to 2025. See Covivio Hotels free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.19x | €279.30 Million | €53.40 Million | ▼ -50.8% |
| 2024 | 0.39x | €3.48 Billion | €1.35 Billion | ▲ +233.0% |
| 2023 | 0.12x | €324.12 Million | €37.82 Million | ▼ -57.8% |
| 2022 | 0.28x | €256.88 Million | €71.06 Million | ▼ -40.6% |
| 2021 | 0.47x | €158.44 Million | €73.75 Million | ▼ -28.5% |
| 2020 | 0.65x | €80.63 Million | €52.48 Million | ▲ +103.4% |
| 2019 | 0.32x | €276.00 Million | €88.32 Million | ▼ -54.1% |
| 2018 | 0.70x | €257.36 Million | €179.44 Million | ▼ -75.2% |
| 2017 | 2.81x | €182.47 Million | €512.19 Million | ▲ +97.2% |
| 2016 | 1.42x | €165.51 Million | €235.59 Million | ▲ +299.0% |
| 2015 | 0.36x | €187.05 Million | €66.73 Million | ▼ -25.7% |
| 2014 | 0.48x | €189.45 Million | €90.99 Million | ▲ +174.6% |
| 2013 | 0.17x | €186.56 Million | €32.63 Million | ▼ -94.0% |
| 2012 | 2.92x | €182.88 Million | €534.72 Million | ▲ +586.7% |
| 2011 | 0.43x | €219.43 Million | €93.44 Million | ▲ +81.3% |
| 2010 | 0.23x | €157.78 Million | €37.07 Million | ▼ -8.9% |
| 2009 | 0.26x | €202.59 Million | €52.23 Million | ▲ +30.4% |
| 2008 | 0.20x | €192.56 Million | €38.07 Million | ▼ -73.1% |
| 2007 | 0.73x | €75.40 Million | €55.40 Million | ▼ -65.3% |
| 2006 | 2.12x | €16.98 Million | €35.97 Million | ▲ +151.6% |
| 2005 | 0.84x | €7.78 Million | €6.55 Million | — |