Advantage Oil & Gas Ltd. Capital Reinvestment Ratio
Advantage Oil & Gas Ltd. capital reinvestment ratio. Advantage Oil & Gas Ltd. (AAV) has a Capital Reinvestment Ratio of 1.18x as of September 2025, meaning it reinvests 1% of its operating cash flow (CA$80.10 Million) in capital expenditures (CA$94.59 Million). See AAV FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Advantage Oil & Gas Ltd. (1989–2024)
Capital reinvestment ratio of Advantage Oil & Gas Ltd. from 1989 to 2024. This chart tracks Advantage Oil & Gas Ltd.'s Capital Reinvestment Ratio across 30 annual periods. See AAV financial flexibility index to measure the company's free cash flow as a share of total liabilities.
Advantage Oil & Gas Ltd. Capital Reinvestment Ratio by Year (1989–2024)
Advantage Oil & Gas Ltd. capital reinvestment ratio by year from 1989 to 2024. For the full cash flow conversion analysis, see how efficiently does Advantage Oil & Gas Ltd. generate cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 1.39x | CA$217.53 Million | CA$303.06 Million | ▲ +64.6% |
| 2023 | 0.85x | CA$323.35 Million | CA$273.62 Million | ▲ +75.8% |
| 2022 | 0.48x | CA$502.38 Million | CA$241.79 Million | ▼ -22.1% |
| 2021 | 0.62x | CA$223.15 Million | CA$137.84 Million | ▼ -60.8% |
| 2020 | 1.57x | CA$100.71 Million | CA$158.62 Million | ▲ +41.6% |
| 2019 | 1.11x | CA$156.06 Million | CA$173.64 Million | ▼ -16.6% |
| 2018 | 1.33x | CA$160.16 Million | CA$213.73 Million | ▲ +8.9% |
| 2017 | 1.23x | CA$186.40 Million | CA$228.43 Million | ▲ +68.4% |
| 2016 | 0.73x | CA$174.91 Million | CA$127.28 Million | ▼ -56.9% |
| 2015 | 1.69x | CA$113.36 Million | CA$191.49 Million | ▲ +36.9% |
| 2014 | 1.23x | CA$182.34 Million | CA$225.05 Million | ▲ +9.4% |
| 2013 | 1.13x | CA$165.02 Million | CA$186.24 Million | ▼ -40.2% |
| 2012 | 1.89x | CA$106.96 Million | CA$201.81 Million | ▲ +75.3% |
| 2011 | 1.08x | CA$218.18 Million | CA$234.79 Million | ▼ -2.4% |
| 2010 | 1.10x | CA$202.49 Million | CA$223.31 Million | ▲ +11.5% |
| 2009 | 0.99x | CA$172.69 Million | CA$170.87 Million | ▲ +41.4% |
| 2008 | 0.70x | CA$374.75 Million | CA$262.27 Million | ▲ +6.5% |
| 2007 | 0.66x | CA$249.13 Million | CA$163.74 Million | ▼ -0.3% |
| 2006 | 0.66x | CA$229.09 Million | CA$151.00 Million | ▲ +18.9% |
| 2005 | 0.55x | CA$186.61 Million | CA$103.44 Million | ▼ -74.6% |
| 2004 | 2.18x | CA$132.28 Million | CA$288.54 Million | ▲ +181.8% |
| 2003 | 0.77x | CA$98.47 Million | CA$76.21 Million | ▼ -20.3% |
| 2002 | 0.97x | CA$52.86 Million | CA$51.35 Million | ▲ +19.7% |
| 2001 | 0.81x | CA$11.95 Million | CA$9.70 Million | ▲ +28.4% |
| 1996 | 0.63x | CA$75.84 Million | CA$47.94 Million | ▼ -43.1% |
| 1995 | 1.11x | CA$50.00 Million | CA$55.59 Million | ▼ -72.0% |
| 1993 | 3.96x | CA$19.63 Million | CA$77.84 Million | ▼ -47.0% |
| 1991 | 7.48x | CA$3.21 Million | CA$24.05 Million | ▲ +5386.4% |
| 1990 | 0.14x | CA$43.25 Million | CA$5.90 Million | ▼ -77.1% |
| 1989 | 0.59x | CA$38.36 Million | CA$22.81 Million | — |