SES S. A. (SESG) — Capital Reinvestment Ratio

Latest as of June 2025: 0.46x

SES S. A. (SESG) has a Capital Reinvestment Ratio of 0.46x as of June 2025, meaning it reinvests 0% of its operating cash flow (€501.00 Million) in capital expenditures (€231.00 Million). Check SESG goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.46x
Capex / Operating Cash Flow

Operating Cash Flow

€501.00 Million
EUR

Capital Expenditures

€231.00 Million
EUR

Data as of

Jun 2025
Most recent filing

SES S. A. Capital Reinvestment Ratio (2002–2024)

This chart tracks SES S. A.'s Capital Reinvestment Ratio across 23 annual periods. For the full cash flow conversion analysis, see SES S. A. (SESG) cash flow conversion.

Annual Capital Reinvestment Ratio for SES S. A. (2002–2024)

Year-by-year Capital Reinvestment Ratio for SES S. A. from 2002 to 2024. See SES S. A. free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (EUR) Capital Expenditures YoY Change
2024 0.30x €1.01 Billion €303.00 Million ▲ +154.0%
2023 0.12x €3.42 Billion €405.00 Million ▼ -87.1%
2022 0.92x €1.48 Billion €1.35 Billion ▲ +323.9%
2021 0.22x €1.29 Billion €280.00 Million ▲ +8.1%
2020 0.20x €1.05 Billion €210.00 Million ▼ -25.6%
2019 0.27x €1.13 Billion €305.30 Million ▼ -2.3%
2018 0.28x €1.19 Billion €328.20 Million ▼ -28.4%
2017 0.38x €1.25 Billion €481.20 Million ▼ -21.0%
2016 0.49x €1.27 Billion €620.00 Million ▲ +24.1%
2015 0.39x €1.45 Billion €568.70 Million ▲ +7.0%
2014 0.37x €1.24 Billion €454.10 Million ▲ +9.9%
2013 0.33x €1.15 Billion €383.00 Million ▼ -35.3%
2012 0.52x €1.23 Billion €635.60 Million ▼ -33.6%
2011 0.78x €1.08 Billion €837.50 Million ▲ +4.1%
2010 0.74x €1.08 Billion €804.50 Million ▲ +3.6%
2009 0.72x €1.08 Billion €773.40 Million ▼ -0.9%
2008 0.72x €1.04 Billion €751.70 Million ▲ +31.3%
2007 0.55x €1.19 Billion €658.60 Million ▲ +26.3%
2006 0.44x €1.06 Billion €463.50 Million ▼ -2.4%
2005 0.45x €1.10 Billion €493.00 Million ▼ -29.9%
2004 0.64x €825.40 Million €527.90 Million ▲ +116.7%
2003 0.30x €1.08 Billion €317.60 Million ▼ -46.0%
2002 0.55x €1.26 Billion €686.50 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow