Kardex (KARN) — Capital Reinvestment Ratio
Latest as of December 2025:
0.38x
Kardex (KARN) has a Capital Reinvestment Ratio of 0.38x as of December 2025, meaning it reinvests 0% of its operating cash flow (CHF35.70 Million) in capital expenditures (CHF13.63 Million). Check KARN tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
0.38x
Capex / Operating Cash Flow
Operating Cash Flow
CHF35.70 Million
CHF
Capital Expenditures
CHF13.63 Million
CHF
Data as of
Dec 2025
Most recent filing
Kardex Capital Reinvestment Ratio (2002–2025)
This chart tracks Kardex's Capital Reinvestment Ratio across 22 annual periods. For the full cash flow conversion analysis, see KARN cash flow conversion.
Annual Capital Reinvestment Ratio for Kardex (2002–2025)
Year-by-year Capital Reinvestment Ratio for Kardex from 2002 to 2025. See KARN FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CHF) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.38x | CHF63.21 Million | CHF23.96 Million | ▲ +182.9% |
| 2024 | 0.13x | CHF114.20 Million | CHF15.30 Million | ▼ -45.3% |
| 2023 | 0.25x | CHF80.40 Million | CHF19.70 Million | ▼ -86.4% |
| 2022 | 1.81x | CHF10.40 Million | CHF18.80 Million | ▲ +612.0% |
| 2021 | 0.25x | CHF38.60 Million | CHF9.80 Million | ▼ -42.5% |
| 2020 | 0.44x | CHF49.80 Million | CHF22.00 Million | ▲ +41.4% |
| 2019 | 0.31x | CHF44.80 Million | CHF14.00 Million | ▲ +74.8% |
| 2018 | 0.18x | CHF48.10 Million | CHF8.60 Million | ▲ +55.2% |
| 2017 | 0.12x | CHF46.00 Million | CHF5.30 Million | ▼ -52.7% |
| 2016 | 0.24x | CHF24.20 Million | CHF5.90 Million | ▲ +235.7% |
| 2015 | 0.07x | CHF48.20 Million | CHF3.50 Million | ▼ -41.3% |
| 2014 | 0.12x | CHF28.30 Million | CHF3.50 Million | ▲ +9.5% |
| 2013 | 0.11x | CHF36.30 Million | CHF4.10 Million | ▼ -30.5% |
| 2012 | 0.16x | CHF31.40 Million | CHF5.10 Million | ▼ -71.0% |
| 2010 | 0.56x | CHF16.40 Million | CHF9.20 Million | ▲ +51.2% |
| 2009 | 0.37x | CHF25.60 Million | CHF9.50 Million | ▲ +1.5% |
| 2008 | 0.37x | CHF39.10 Million | CHF14.30 Million | ▲ +379.4% |
| 2007 | 0.08x | CHF85.20 Million | CHF6.50 Million | ▼ -63.1% |
| 2006 | 0.21x | CHF82.30 Million | CHF17.00 Million | ▼ -46.0% |
| 2005 | 0.38x | CHF31.10 Million | CHF11.90 Million | ▼ -61.9% |
| 2003 | 1.00x | CHF9.02 Million | CHF9.06 Million | ▲ +121.3% |
| 2002 | 0.45x | CHF27.25 Million | CHF12.38 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow