Eneva S.A (ENEV3) — Capital Reinvestment Ratio
Eneva S.A (ENEV3) has a Capital Reinvestment Ratio of 1.95x as of March 2026, meaning it reinvests 2% of its operating cash flow (R$994.04 Million) in capital expenditures (R$1.94 Billion). Check ENEV3 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Eneva S.A Capital Reinvestment Ratio (2008–2025)
This chart tracks Eneva S.A's Capital Reinvestment Ratio across 13 annual periods. For the full cash flow conversion analysis, see ENEV3 cash flow metrics.
Annual Capital Reinvestment Ratio for Eneva S.A (2008–2025)
Year-by-year Capital Reinvestment Ratio for Eneva S.A from 2008 to 2025. See ENEV3 free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (BRL) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.56x | R$3.63 Billion | R$5.66 Billion | ▲ +153.3% |
| 2024 | 0.62x | R$4.16 Billion | R$2.56 Billion | ▼ -33.0% |
| 2023 | 0.92x | R$2.79 Billion | R$2.56 Billion | ▼ -51.4% |
| 2022 | 1.89x | R$1.27 Billion | R$2.40 Billion | ▲ +105.0% |
| 2021 | 0.92x | R$1.23 Billion | R$1.14 Billion | ▼ -45.0% |
| 2020 | 1.68x | R$1.25 Billion | R$2.09 Billion | ▲ +175.9% |
| 2019 | 0.61x | R$1.37 Billion | R$829.92 Million | ▲ +103.7% |
| 2018 | 0.30x | R$1.53 Billion | R$455.57 Million | ▼ -2.5% |
| 2017 | 0.31x | R$1.01 Billion | R$308.89 Million | ▲ +29.8% |
| 2016 | 0.24x | R$664.98 Million | R$156.76 Million | ▼ -75.1% |
| 2015 | 0.95x | R$246.76 Million | R$233.44 Million | ▲ +450.3% |
| 2014 | 0.17x | R$590.53 Million | R$101.51 Million | ▼ -99.6% |
| 2008 | 45.97x | R$20.59 Million | R$946.58 Million | — |