Societatea Nationala de Transport Gaze Naturale Transgaz SA (TGN) — Capital Reinvestment Ratio

Latest as of June 2025: 5.41x

Societatea Nationala de Transport Gaze Naturale Transgaz SA (TGN) has a Capital Reinvestment Ratio of 5.41x as of June 2025, meaning it reinvests 5% of its operating cash flow (RON73.08 Million) in capital expenditures (RON395.68 Million). Check tangible equity quality of Societatea Nationala de Transport Gaze N to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

5.41x
Capex / Operating Cash Flow

Operating Cash Flow

RON73.08 Million
RON

Capital Expenditures

RON395.68 Million
RON

Data as of

Jun 2025
Most recent filing

Societatea Nationala de Transport Gaze Naturale Transgaz SA Capital Reinvestment Ratio (2019–2024)

This chart tracks Societatea Nationala de Transport Gaze Naturale Transgaz SA's Capital Reinvestment Ratio across 6 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Societatea Nationala de Transport Gaze N.

Annual Capital Reinvestment Ratio for Societatea Nationala de Transport Gaze Naturale Transgaz SA (2019–2024)

Year-by-year Capital Reinvestment Ratio for Societatea Nationala de Transport Gaze Naturale Transgaz SA from 2019 to 2024. See Societatea Nationala de Transport Gaze N free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (RON) Capital Expenditures YoY Change
2024 2.53x RON701.94 Million RON1.78 Billion ▲ +305.3%
2023 0.62x RON398.25 Million RON248.65 Million ▼ -47.8%
2022 1.20x RON515.85 Million RON617.04 Million ▼ -28.4%
2021 1.67x RON592.05 Million RON988.67 Million ▼ -63.7%
2020 4.60x RON324.45 Million RON1.49 Billion ▲ +54.9%
2019 2.97x RON345.45 Million RON1.03 Billion
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow