Cia de Ferro Ligas da Bahia - FERBASA (FESA3) — Capital Reinvestment Ratio
Cia de Ferro Ligas da Bahia - FERBASA (FESA3) has a Capital Reinvestment Ratio of 1.08x as of December 2025, meaning it reinvests 1% of its operating cash flow (R$103.92 Million) in capital expenditures (R$111.80 Million). See debt-free asset ratio of Cia de Ferro Ligas da Bahia - FERBASA to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Cia de Ferro Ligas da Bahia - FERBASA Capital Reinvestment Ratio (2003–2025)
This chart tracks Cia de Ferro Ligas da Bahia - FERBASA's Capital Reinvestment Ratio across 23 annual periods. Check how aggressively does Cia de Ferro Ligas da Bahia - FERBASA reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Cia de Ferro Ligas da Bahia - FERBASA (2003–2025)
Year-by-year Capital Reinvestment Ratio for Cia de Ferro Ligas da Bahia - FERBASA from 2003 to 2025. For live market cap and broader valuation context, see FESA3 stock market capitalisation.
| Year | Reinvestment Ratio | Operating CF (BRL) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.74x | R$403.19 Million | R$300.12 Million | ▼ -7.9% |
| 2024 | 0.81x | R$357.12 Million | R$288.67 Million | ▲ +17.1% |
| 2023 | 0.69x | R$476.56 Million | R$328.84 Million | ▲ +216.7% |
| 2022 | 0.22x | R$1.19 Billion | R$260.25 Million | ▲ +30.2% |
| 2021 | 0.17x | R$759.73 Million | R$127.12 Million | ▼ -18.6% |
| 2020 | 0.21x | R$257.67 Million | R$52.97 Million | ▼ -69.6% |
| 2019 | 0.68x | R$171.91 Million | R$116.26 Million | ▲ +126.7% |
| 2018 | 0.30x | R$306.10 Million | R$91.30 Million | ▲ +29.3% |
| 2017 | 0.23x | R$392.39 Million | R$90.54 Million | ▼ -34.0% |
| 2016 | 0.35x | R$300.69 Million | R$105.15 Million | ▼ -96.0% |
| 2015 | 8.65x | R$12.84 Million | R$111.09 Million | ▲ +1264.3% |
| 2014 | 0.63x | R$165.79 Million | R$105.15 Million | ▼ -45.2% |
| 2013 | 1.16x | R$87.02 Million | R$100.64 Million | ▼ -35.5% |
| 2012 | 1.79x | R$69.34 Million | R$124.29 Million | ▲ +32.9% |
| 2011 | 1.35x | R$94.39 Million | R$127.31 Million | ▲ +116.4% |
| 2010 | 0.62x | R$81.43 Million | R$50.77 Million | ▲ +34.0% |
| 2009 | 0.47x | R$92.56 Million | R$43.08 Million | ▲ +53.0% |
| 2008 | 0.30x | R$306.67 Million | R$93.27 Million | ▼ -6.9% |
| 2007 | 0.33x | R$119.49 Million | R$39.03 Million | ▼ -51.7% |
| 2006 | 0.68x | R$43.56 Million | R$29.46 Million | ▼ -2.4% |
| 2005 | 0.69x | R$100.71 Million | R$69.75 Million | ▼ -12.2% |
| 2004 | 0.79x | R$96.09 Million | R$75.76 Million | ▲ +108.4% |
| 2003 | 0.38x | R$97.57 Million | R$36.91 Million | — |