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). Check Ascendant Resources Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.

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. For the full cash flow conversion analysis, see Ascendant Resources Inc cash conversion from operations.

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

Year-by-year Capital Reinvestment Ratio for Ascendant Resources Inc from 2018 to 2019. See Ascendant Resources Inc (ASND) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

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