Formula Capital Reinvestment Ratio
Formula capital reinvestment ratio. Formula (FORTY) has a Capital Reinvestment Ratio of 0.04x as of December 2025, meaning it reinvests 0% of its operating cash flow (ILA420.06 Million) in capital expenditures (ILA17.52 Million). Check FORTY cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Formula (1998–2025)
Capital reinvestment ratio of Formula from 1998 to 2025. This chart tracks Formula's Capital Reinvestment Ratio across 28 annual periods. Also explore Formula net asset momentum to track the company's year-over-year net asset growth rate.
Formula Capital Reinvestment Ratio by Year (1998–2025)
Formula capital reinvestment ratio by year from 1998 to 2025. For the full cash flow conversion analysis, see Formula (FORTY) cash conversion ratio.
| Year | Reinvestment Ratio | Operating CF (ILA) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.04x | ILA420.06 Million | ILA17.52 Million | ▼ -53.3% |
| 2024 | 0.09x | ILA324.45 Million | ILA28.96 Million | ▼ -17.7% |
| 2023 | 0.11x | ILA294.97 Million | ILA32.00 Million | ▼ -34.0% |
| 2022 | 0.16x | ILA239.14 Million | ILA39.31 Million | ▲ +10.4% |
| 2021 | 0.15x | ILA208.48 Million | ILA31.06 Million | ▲ +48.4% |
| 2020 | 0.10x | ILA286.94 Million | ILA28.81 Million | ▼ -46.2% |
| 2019 | 0.19x | ILA196.08 Million | ILA36.59 Million | ▼ -25.3% |
| 2018 | 0.25x | ILA82.59 Million | ILA20.63 Million | ▲ +7.0% |
| 2017 | 0.23x | ILA80.98 Million | ILA18.91 Million | ▼ -9.3% |
| 2016 | 0.26x | ILA74.95 Million | ILA19.30 Million | ▲ +42.6% |
| 2015 | 0.18x | ILA54.40 Million | ILA9.82 Million | ▼ -36.5% |
| 2014 | 0.28x | ILA16.67 Million | ILA4.74 Million | ▲ +16.3% |
| 2013 | 0.24x | ILA68.55 Million | ILA16.77 Million | ▲ +33.1% |
| 2012 | 0.18x | ILA73.07 Million | ILA13.43 Million | ▼ -74.5% |
| 2011 | 0.72x | ILA25.83 Million | ILA18.65 Million | ▲ +620.5% |
| 2010 | 0.10x | ILA53.37 Million | ILA5.35 Million | ▲ +105.5% |
| 2009 | 0.05x | ILA55.64 Million | ILA2.71 Million | ▼ -43.0% |
| 2008 | 0.09x | ILA47.38 Million | ILA4.05 Million | ▼ -71.2% |
| 2007 | 0.30x | ILA43.27 Million | ILA12.87 Million | ▼ -69.6% |
| 2006 | 0.98x | ILA25.95 Million | ILA25.35 Million | ▼ -74.1% |
| 2005 | 3.78x | ILA6.29 Million | ILA23.75 Million | ▲ +1076.5% |
| 2004 | 0.32x | ILA17.81 Million | ILA5.72 Million | ▼ -19.2% |
| 2003 | 0.40x | ILA12.29 Million | ILA4.89 Million | ▼ -41.6% |
| 2002 | 0.68x | ILA4.97 Million | ILA3.38 Million | ▼ -92.9% |
| 2001 | 9.55x | ILA1.18 Million | ILA11.24 Million | ▲ +237.5% |
| 2000 | 2.83x | ILA5.65 Million | ILA16.00 Million | ▲ +210.6% |
| 1999 | 0.91x | ILA13.41 Million | ILA12.23 Million | ▲ +161.4% |
| 1998 | 0.35x | ILA34.70 Million | ILA12.10 Million | — |