Usinas Siderúrgicas de Minas Gerais S.A (USIM3) — Capital Reinvestment Ratio
Usinas Siderúrgicas de Minas Gerais S.A (USIM3) has a Capital Reinvestment Ratio of 0.90x as of June 2026, meaning it reinvests 1% of its operating cash flow (R$357.90 Million) in capital expenditures (R$322.28 Million). Check USIM3 goodwill-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
Usinas Siderúrgicas de Minas Gerais S.A Capital Reinvestment Ratio (2002–2025)
This chart tracks Usinas Siderúrgicas de Minas Gerais S.A's Capital Reinvestment Ratio across 22 annual periods. For the full cash flow conversion analysis, see Usinas Siderúrgicas de Minas Gerais S.A cash flow conversion.
Annual Capital Reinvestment Ratio for Usinas Siderúrgicas de Minas Gerais S.A (2002–2025)
Year-by-year Capital Reinvestment Ratio for Usinas Siderúrgicas de Minas Gerais S.A from 2002 to 2025. See USIM3 FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (BRL) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.45x | R$2.33 Billion | R$1.05 Billion | ▼ -55.1% |
| 2024 | 1.01x | R$989.16 Million | R$995.16 Million | ▲ +54.0% |
| 2023 | 0.65x | R$4.57 Billion | R$2.98 Billion | ▼ -68.9% |
| 2022 | 2.10x | R$997.12 Million | R$2.09 Billion | ▲ +649.1% |
| 2021 | 0.28x | R$5.30 Billion | R$1.48 Billion | ▲ +31.8% |
| 2020 | 0.21x | R$3.76 Billion | R$798.68 Million | ▼ -38.5% |
| 2019 | 0.35x | R$1.97 Billion | R$681.45 Million | ▼ -59.4% |
| 2018 | 0.85x | R$509.62 Million | R$433.52 Million | ▲ +245.1% |
| 2017 | 0.25x | R$877.03 Million | R$216.17 Million | ▼ -96.6% |
| 2015 | 7.29x | R$103.41 Million | R$754.36 Million | ▲ +778.2% |
| 2014 | 0.83x | R$1.41 Billion | R$1.17 Billion | ▼ -11.5% |
| 2013 | 0.94x | R$1.11 Billion | R$1.04 Billion | ▲ +35.3% |
| 2012 | 0.69x | R$2.44 Billion | R$1.69 Billion | ▼ -70.8% |
| 2010 | 2.38x | R$1.35 Billion | R$3.21 Billion | ▲ +167.7% |
| 2009 | 0.89x | R$2.34 Billion | R$2.08 Billion | ▼ -58.3% |
| 2008 | 2.13x | R$1.80 Billion | R$3.84 Billion | ▲ +627.4% |
| 2007 | 0.29x | R$4.07 Billion | R$1.19 Billion | ▲ +98.5% |
| 2006 | 0.15x | R$3.55 Billion | R$524.24 Million | ▲ +37.8% |
| 2005 | 0.11x | R$3.81 Billion | R$408.49 Million | ▲ +26.5% |
| 2004 | 0.08x | R$4.54 Billion | R$384.79 Million | ▼ -53.5% |
| 2003 | 0.18x | R$2.46 Billion | R$447.93 Million | ▼ -19.6% |
| 2002 | 0.23x | R$1.75 Billion | R$397.38 Million | — |