Minerva S.A (BEEF3) — Capital Reinvestment Ratio
Minerva S.A (BEEF3) has a Capital Reinvestment Ratio of 0.37x as of December 2025, meaning it reinvests 0% of its operating cash flow (R$954.29 Million) in capital expenditures (R$354.96 Million). Check how tangible is Minerva S.A's equity to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Minerva S.A Capital Reinvestment Ratio (2006–2025)
This chart tracks Minerva S.A's Capital Reinvestment Ratio across 18 annual periods. For the full cash flow conversion analysis, see how efficiently does Minerva S.A generate cash.
Annual Capital Reinvestment Ratio for Minerva S.A (2006–2025)
Year-by-year Capital Reinvestment Ratio for Minerva S.A from 2006 to 2025. See cash generation quality of Minerva S.A to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (BRL) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.24x | R$4.70 Billion | R$1.12 Billion | ▲ +110.3% |
| 2024 | 0.11x | R$6.56 Billion | R$742.77 Million | ▼ -57.3% |
| 2023 | 0.27x | R$2.70 Billion | R$714.90 Million | ▲ +2.2% |
| 2022 | 0.26x | R$3.13 Billion | R$813.26 Million | ▲ +33.5% |
| 2021 | 0.19x | R$2.59 Billion | R$504.19 Million | ▲ +76.6% |
| 2020 | 0.11x | R$3.22 Billion | R$354.72 Million | ▼ -21.7% |
| 2019 | 0.14x | R$1.76 Billion | R$247.06 Million | ▼ -1.2% |
| 2018 | 0.14x | R$1.33 Billion | R$189.09 Million | ▼ -69.0% |
| 2017 | 0.46x | R$549.76 Million | R$252.28 Million | ▲ +48.7% |
| 2016 | 0.31x | R$582.11 Million | R$179.60 Million | ▼ -6.3% |
| 2015 | 0.33x | R$959.27 Million | R$315.74 Million | ▼ -65.8% |
| 2014 | 0.96x | R$318.52 Million | R$306.81 Million | ▲ +156.9% |
| 2013 | 0.37x | R$474.79 Million | R$178.04 Million | ▼ -26.5% |
| 2012 | 0.51x | R$417.30 Million | R$212.99 Million | ▼ -93.7% |
| 2010 | 8.04x | R$25.63 Million | R$206.18 Million | ▲ +1414.1% |
| 2009 | 0.53x | R$261.42 Million | R$138.90 Million | ▲ +56.5% |
| 2007 | 0.34x | R$302.52 Million | R$102.70 Million | ▲ +40.5% |
| 2006 | 0.24x | R$53.61 Million | R$12.95 Million | — |