Smartfit Escola de Ginástica e Dança S.A (SMFT3) — Capital Reinvestment Ratio
Smartfit Escola de Ginástica e Dança S.A (SMFT3) has a Capital Reinvestment Ratio of 1.74x as of June 2026, meaning it reinvests 2% of its operating cash flow (R$360.87 Million) in capital expenditures (R$628.20 Million). Check Smartfit Escola de Ginástica e Dança S.A tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Smartfit Escola de Ginástica e Dança S.A Capital Reinvestment Ratio (2014–2025)
This chart tracks Smartfit Escola de Ginástica e Dança S.A's Capital Reinvestment Ratio across 11 annual periods. For the full cash flow conversion analysis, see how efficiently does Smartfit Escola de Ginástica e Dança S.A generate cash.
Annual Capital Reinvestment Ratio for Smartfit Escola de Ginástica e Dança S.A (2014–2025)
Year-by-year Capital Reinvestment Ratio for Smartfit Escola de Ginástica e Dança S.A from 2014 to 2025. See Smartfit Escola de Ginástica e Dança S.A (SMFT3) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (BRL) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.14x | R$2.09 Billion | R$2.38 Billion | ▼ -19.6% |
| 2024 | 1.41x | R$1.38 Billion | R$1.95 Billion | ▲ +36.1% |
| 2023 | 1.04x | R$1.31 Billion | R$1.36 Billion | ▼ -44.8% |
| 2022 | 1.88x | R$533.83 Million | R$1.00 Billion | ▼ -86.7% |
| 2021 | 14.19x | R$33.53 Million | R$475.90 Million | ▲ +710.7% |
| 2019 | 1.75x | R$502.24 Million | R$879.32 Million | ▼ -55.3% |
| 2018 | 3.92x | R$131.53 Million | R$515.06 Million | ▲ +84.0% |
| 2017 | 2.13x | R$126.72 Million | R$269.70 Million | ▲ +44.4% |
| 2016 | 1.47x | R$76.22 Million | R$112.37 Million | ▼ -43.5% |
| 2015 | 2.61x | R$77.17 Million | R$201.35 Million | ▼ -25.7% |
| 2014 | 3.51x | R$63.60 Million | R$223.45 Million | — |