Ascendant Resources Inc (ASND) — Capital Reinvestment Ratio

Latest as of December 2019: 11.50x

Ascendant Resources Inc (ASND) has a Capital Reinvestment Ratio of 11.50x as of December 2019, meaning it reinvests 11% of its operating cash flow (CA$301.00K) in capital expenditures (CA$3.46 Million). See Ascendant Resources Inc (ASND) balance sheet quality index to measure how much of total assets are equity-financed.

Capital Reinvestment Ratio

11.50x
Capex / Operating Cash Flow

Operating Cash Flow

CA$301.00K
CAD

Capital Expenditures

CA$3.46 Million
CAD

Data as of

Dec 2019
Most recent filing

Ascendant Resources Inc Capital Reinvestment Ratio (2018–2019)

This chart tracks Ascendant Resources Inc's Capital Reinvestment Ratio across 2 annual periods. Check ASND cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Capital Reinvestment Ratio for Ascendant Resources Inc (2018–2019)

Year-by-year Capital Reinvestment Ratio for Ascendant Resources Inc from 2018 to 2019. For live market cap and broader valuation context, see Ascendant Resources Inc market cap and net worth.

Year Reinvestment Ratio Operating CF (CAD) Capital Expenditures YoY Change
2019 2.02x CA$7.73 Million CA$15.65 Million ▲ +51.5%
2018 1.34x CA$16.28 Million CA$21.74 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow