Companhia Siderúrgica Nacional (CSNA3) — Capital Reinvestment Ratio
Companhia Siderúrgica Nacional (CSNA3) has a Capital Reinvestment Ratio of 3.66x as of September 2025, meaning it reinvests 4% of its operating cash flow (R$392.50 Million) in capital expenditures (R$1.44 Billion). See Companhia Siderúrgica Nacional free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Companhia Siderúrgica Nacional Capital Reinvestment Ratio (1997–2024)
This chart tracks Companhia Siderúrgica Nacional's Capital Reinvestment Ratio across 27 annual periods. See Companhia Siderúrgica Nacional free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
Annual Capital Reinvestment Ratio for Companhia Siderúrgica Nacional (1997–2024)
Year-by-year Capital Reinvestment Ratio for Companhia Siderúrgica Nacional from 1997 to 2024. For the full cash flow conversion analysis, see how efficiently does Companhia Siderúrgica Nacional generate cash.
| Year | Reinvestment Ratio | Operating CF (BRL) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.64x | R$8.65 Billion | R$5.49 Billion | ▲ +5.1% |
| 2023 | 0.60x | R$7.29 Billion | R$4.41 Billion | ▼ -77.0% |
| 2022 | 2.63x | R$2.04 Billion | R$5.38 Billion | ▲ +1409.6% |
| 2021 | 0.17x | R$16.43 Billion | R$2.86 Billion | ▼ -0.8% |
| 2020 | 0.18x | R$9.58 Billion | R$1.68 Billion | ▼ -61.3% |
| 2019 | 0.45x | R$4.87 Billion | R$2.22 Billion | ▼ -23.9% |
| 2018 | 0.60x | R$2.21 Billion | R$1.32 Billion | ▼ -67.8% |
| 2017 | 1.85x | R$571.85 Million | R$1.06 Billion | ▼ -68.7% |
| 2016 | 5.91x | R$275.92 Million | R$1.63 Billion | ▲ +1753.3% |
| 2015 | 0.32x | R$5.07 Billion | R$1.62 Billion | ▼ -85.8% |
| 2014 | 2.24x | R$823.71 Million | R$1.85 Billion | ▲ +98.1% |
| 2013 | 1.13x | R$2.20 Billion | R$2.49 Billion | ▲ +44.3% |
| 2012 | 0.78x | R$3.49 Billion | R$2.74 Billion | ▼ -25.1% |
| 2011 | 1.05x | R$4.20 Billion | R$4.40 Billion | ▼ -28.0% |
| 2010 | 1.45x | R$2.52 Billion | R$3.66 Billion | ▲ +239.3% |
| 2008 | 0.43x | R$4.79 Billion | R$2.05 Billion | ▼ -14.3% |
| 2007 | 0.50x | R$2.25 Billion | R$1.13 Billion | ▼ -34.9% |
| 2006 | 0.77x | R$1.96 Billion | R$1.51 Billion | ▲ +365.4% |
| 2005 | 0.17x | R$4.10 Billion | R$677.15 Million | ▼ -67.2% |
| 2004 | 0.50x | R$940.24 Million | R$472.78 Million | ▲ +36.2% |
| 2003 | 0.37x | R$1.64 Billion | R$605.89 Million | ▲ +12.7% |
| 2002 | 0.33x | R$2.85 Billion | R$934.51 Million | ▼ -84.0% |
| 2001 | 2.05x | R$487.68 Million | R$998.59 Million | ▲ +190.6% |
| 2000 | 0.70x | R$1.04 Billion | R$735.11 Million | ▲ +74.8% |
| 1999 | 0.40x | R$1.15 Billion | R$464.12 Million | ▼ -13.1% |
| 1998 | 0.46x | R$851.78 Million | R$395.08 Million | ▲ +1148.2% |
| 1997 | 0.04x | R$943.02 Million | R$35.04 Million | — |