TOTVS S.A (TOTS3) — Capital Reinvestment Ratio
TOTVS S.A (TOTS3) has a Capital Reinvestment Ratio of 0.45x as of March 2026, meaning it reinvests 0% of its operating cash flow (R$309.61 Million) in capital expenditures (R$137.98 Million). See TOTVS S.A balance sheet quality to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
TOTVS S.A Capital Reinvestment Ratio (2002–2025)
This chart tracks TOTVS S.A's Capital Reinvestment Ratio across 24 annual periods. Check TOTS3 cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from 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. For live market cap and broader valuation context, see TOTVS S.A market cap and net worth.
| 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 | — |