Cellcom Israel Ltd (CEL) — Capital Reinvestment Ratio
Cellcom Israel Ltd (CEL) has a Capital Reinvestment Ratio of 0.29x as of September 2025, meaning it reinvests 0% of its operating cash flow (ILA295.00 Million) in capital expenditures (ILA86.00 Million). Check CEL tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Cellcom Israel Ltd Capital Reinvestment Ratio (2003–2024)
This chart tracks Cellcom Israel Ltd's Capital Reinvestment Ratio across 22 annual periods. For the full cash flow conversion analysis, see CEL cash generation efficiency.
Annual Capital Reinvestment Ratio for Cellcom Israel Ltd (2003–2024)
Year-by-year Capital Reinvestment Ratio for Cellcom Israel Ltd from 2003 to 2024. See Cellcom Israel Ltd (CEL) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (ILA) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.56x | ILA1.20 Billion | ILA665.00 Million | ▼ -1.5% |
| 2023 | 0.57x | ILA1.17 Billion | ILA663.00 Million | ▲ +2.7% |
| 2022 | 0.55x | ILA1.08 Billion | ILA592.00 Million | ▼ -3.2% |
| 2021 | 0.57x | ILA1.05 Billion | ILA598.00 Million | ▲ +13.1% |
| 2020 | 0.50x | ILA993.00 Million | ILA499.00 Million | ▼ -6.5% |
| 2019 | 0.54x | ILA1.04 Billion | ILA557.00 Million | ▼ -30.2% |
| 2018 | 0.77x | ILA770.00 Million | ILA593.00 Million | ▲ +2.2% |
| 2017 | 0.75x | ILA774.00 Million | ILA583.00 Million | ▲ +59.9% |
| 2016 | 0.47x | ILA781.00 Million | ILA368.00 Million | ▼ -0.5% |
| 2015 | 0.47x | ILA836.00 Million | ILA396.00 Million | ▲ +101.5% |
| 2014 | 0.24x | ILA1.56 Billion | ILA366.00 Million | ▲ +0.2% |
| 2013 | 0.23x | ILA1.56 Billion | ILA365.00 Million | ▼ -30.5% |
| 2012 | 0.34x | ILA1.64 Billion | ILA554.00 Million | ▲ +3.8% |
| 2011 | 0.33x | ILA1.33 Billion | ILA432.00 Million | ▼ -27.9% |
| 2010 | 0.45x | ILA167.43 Million | ILA75.54 Million | ▲ +63.3% |
| 2009 | 0.28x | ILA2.09 Billion | ILA577.00 Million | ▼ -19.4% |
| 2008 | 0.34x | ILA1.76 Billion | ILA601.59 Million | ▲ +0.2% |
| 2007 | 0.34x | ILA1.65 Billion | ILA562.95 Million | ▼ -19.4% |
| 2006 | 0.42x | ILA1.47 Billion | ILA623.45 Million | ▼ -6.3% |
| 2005 | 0.45x | ILA1.36 Billion | ILA616.40 Million | ▼ -8.1% |
| 2004 | 0.49x | ILA1.46 Billion | ILA720.76 Million | ▲ +1.5% |
| 2003 | 0.49x | ILA1.39 Billion | ILA676.00 Million | — |