The Phoenix Holdings Ltd. (PHOE) — Capital Reinvestment Ratio
The Phoenix Holdings Ltd. (PHOE) has a Capital Reinvestment Ratio of 0.28x as of September 2025, meaning it reinvests 0% of its operating cash flow (ILA534.96 Million) in capital expenditures (ILA149.09 Million). Check tangible net worth ratio of The Phoenix Holdings Ltd. to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
The Phoenix Holdings Ltd. Capital Reinvestment Ratio (2006–2023)
This chart tracks The Phoenix Holdings Ltd.'s Capital Reinvestment Ratio across 17 annual periods. For the full cash flow conversion analysis, see The Phoenix Holdings Ltd. (PHOE) cash conversion ratio.
Annual Capital Reinvestment Ratio for The Phoenix Holdings Ltd. (2006–2023)
Year-by-year Capital Reinvestment Ratio for The Phoenix Holdings Ltd. from 2006 to 2023. See The Phoenix Holdings Ltd. free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (ILA) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2023 | 0.48x | ILA2.18 Billion | ILA1.04 Billion | ▲ +147.4% |
| 2022 | 0.19x | ILA2.73 Billion | ILA524.86 Million | ▲ +141.7% |
| 2021 | 0.08x | ILA4.55 Billion | ILA361.78 Million | ▲ +2.3% |
| 2020 | 0.08x | ILA4.77 Billion | ILA371.02 Million | ▼ -87.7% |
| 2019 | 0.63x | ILA566.53 Million | ILA358.06 Million | ▼ -36.3% |
| 2017 | 0.99x | ILA220.29 Million | ILA218.70 Million | ▲ +182.2% |
| 2016 | 0.35x | ILA590.78 Million | ILA207.81 Million | ▲ +466.2% |
| 2015 | 0.06x | ILA3.62 Billion | ILA224.60 Million | ▼ -82.1% |
| 2014 | 0.35x | ILA693.01 Million | ILA240.62 Million | ▲ +54.1% |
| 2013 | 0.23x | ILA997.88 Million | ILA224.89 Million | ▼ -13.0% |
| 2012 | 0.26x | ILA819.49 Million | ILA212.18 Million | ▲ +8.0% |
| 2011 | 0.24x | ILA845.02 Million | ILA202.57 Million | ▼ -91.4% |
| 2010 | 2.78x | ILA93.76 Million | ILA260.31 Million | ▲ +704.3% |
| 2009 | 0.35x | ILA850.92 Million | ILA293.73 Million | ▼ -24.4% |
| 2008 | 0.46x | ILA481.13 Million | ILA219.73 Million | ▼ -45.8% |
| 2007 | 0.84x | ILA608.24 Million | ILA512.45 Million | ▲ +60.4% |
| 2006 | 0.53x | ILA416.13 Million | ILA218.53 Million | — |