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 cash generation quality of Ascendant Resources Inc to measure how efficiently the company converts operating cash flow to free cash.
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.
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 capitalisation.
| 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