TOTVS S.A (TOTS3) — Capital Reinvestment Ratio
Latest as of June 2026:
0.19x
TOTVS S.A (TOTS3) has a Capital Reinvestment Ratio of 0.19x as of June 2026, meaning it reinvests 0% of its operating cash flow (R$461.41 Million) in capital expenditures (R$86.13 Million). Check TOTVS S.A tangible equity quality to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
0.19x
Capex / Operating Cash Flow
Operating Cash Flow
R$461.41 Million
BRL
Capital Expenditures
R$86.13 Million
BRL
Data as of
Jun 2026
Most recent filing
TOTVS S.A Capital Reinvestment Ratio (2002–2025)
This chart tracks TOTVS S.A's Capital Reinvestment Ratio across 24 annual periods. For the full cash flow conversion analysis, see TOTS3 operating cash flow.
Annual Capital Reinvestment Ratio for TOTVS S.A (2002–2025)
Year-by-year Capital Reinvestment Ratio for TOTVS S.A from 2002 to 2025. See TOTS3 free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (BRL) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.21x | R$1.20 Billion | R$257.63 Million | ▼ -1.5% |
| 2024 | 0.22x | R$1.11 Billion | R$242.33 Million | ▼ -25.3% |
| 2023 | 0.29x | R$952.11 Million | R$277.20 Million | ▲ +47.2% |
| 2022 | 0.20x | R$915.56 Million | R$181.12 Million | ▼ -52.3% |
| 2021 | 0.42x | R$424.52 Million | R$176.19 Million | ▲ +81.4% |
| 2020 | 0.23x | R$371.74 Million | R$85.04 Million | ▲ +30.8% |
| 2019 | 0.17x | R$345.30 Million | R$60.38 Million | ▼ -11.4% |
| 2018 | 0.20x | R$417.84 Million | R$82.47 Million | ▲ +26.7% |
| 2017 | 0.16x | R$329.77 Million | R$51.39 Million | ▼ -61.4% |
| 2016 | 0.40x | R$260.51 Million | R$105.15 Million | ▲ +39.3% |
| 2015 | 0.29x | R$313.17 Million | R$90.72 Million | ▲ +149.5% |
| 2014 | 0.12x | R$332.05 Million | R$38.55 Million | ▼ -82.9% |
| 2013 | 0.68x | R$282.23 Million | R$191.68 Million | ▲ +481.5% |
| 2012 | 0.12x | R$306.80 Million | R$35.83 Million | ▼ -52.9% |
| 2011 | 0.25x | R$264.15 Million | R$65.54 Million | ▲ +36.5% |
| 2010 | 0.18x | R$217.15 Million | R$39.46 Million | ▼ -3.9% |
| 2009 | 0.19x | R$185.54 Million | R$35.08 Million | ▼ -45.4% |
| 2008 | 0.35x | R$68.15 Million | R$23.59 Million | ▲ +48.5% |
| 2007 | 0.23x | R$77.11 Million | R$17.98 Million | ▼ -78.9% |
| 2006 | 1.10x | R$9.29 Million | R$10.25 Million | ▲ +65.5% |
| 2005 | 0.67x | R$13.03 Million | R$8.69 Million | ▼ -58.4% |
| 2004 | 1.60x | R$3.66 Million | R$5.86 Million | ▲ +952.0% |
| 2003 | 0.15x | R$10.62 Million | R$1.62 Million | ▼ -36.1% |
| 2002 | 0.24x | R$8.50 Million | R$2.03 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow