Cosan S.A (CSAN3) — Capital Reinvestment Ratio
Cosan S.A (CSAN3) has a Capital Reinvestment Ratio of 0.52x as of September 2025, meaning it reinvests 1% of its operating cash flow (R$4.01 Billion) in capital expenditures (R$2.09 Billion). See Cosan S.A balance sheet independence to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Cosan S.A Capital Reinvestment Ratio (2003–2024)
This chart tracks Cosan S.A's Capital Reinvestment Ratio across 19 annual periods. Check how aggressively does Cosan S.A reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Cosan S.A (2003–2024)
Year-by-year Capital Reinvestment Ratio for Cosan S.A from 2003 to 2024. For live market cap and broader valuation context, see how much is Cosan S.A worth.
| Year | Reinvestment Ratio | Operating CF (BRL) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.60x | R$13.08 Billion | R$7.83 Billion | ▼ -1.8% |
| 2023 | 0.61x | R$10.28 Billion | R$6.27 Billion | ▲ +34.2% |
| 2022 | 0.45x | R$9.97 Billion | R$4.53 Billion | ▼ -41.7% |
| 2021 | 0.78x | R$5.22 Billion | R$4.07 Billion | ▲ +58.6% |
| 2020 | 0.49x | R$2.14 Billion | R$1.05 Billion | ▲ +68.2% |
| 2019 | 0.29x | R$2.81 Billion | R$819.75 Million | ▲ +24.5% |
| 2018 | 0.23x | R$2.69 Billion | R$631.56 Million | ▲ +2.9% |
| 2017 | 0.23x | R$1.79 Billion | R$408.49 Million | ▲ +3.7% |
| 2016 | 0.22x | R$2.24 Billion | R$491.28 Million | ▼ -32.5% |
| 2015 | 0.33x | R$1.86 Billion | R$606.74 Million | ▼ -66.5% |
| 2014 | 0.97x | R$1.00 Billion | R$973.11 Million | ▼ -2.1% |
| 2013 | 0.99x | R$1.24 Billion | R$1.23 Billion | ▲ +7.2% |
| 2012 | 0.93x | R$2.35 Billion | R$2.18 Billion | ▼ -14.8% |
| 2011 | 1.09x | R$1.96 Billion | R$2.13 Billion | ▲ +10.9% |
| 2010 | 0.98x | R$2.34 Billion | R$2.29 Billion | ▲ +12.8% |
| 2009 | 0.87x | R$2.13 Billion | R$1.85 Billion | ▼ -64.6% |
| 2008 | 2.46x | R$246.74 Million | R$606.15 Million | ▲ +167.1% |
| 2006 | 0.92x | R$743.32 Million | R$683.54 Million | ▼ -35.2% |
| 2003 | 1.42x | R$169.65 Million | R$240.63 Million | — |