Erdene Resource Development Corp (ERD) — Capital Reinvestment Ratio

Latest as of September 2023: 1.37x

Erdene Resource Development Corp (ERD) has a Capital Reinvestment Ratio of 1.37x as of September 2023, meaning it reinvests 1% of its operating cash flow (CA$10.77 Million) in capital expenditures (CA$14.79 Million). Check ERD tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

1.37x

Capex / Operating Cash Flow

Operating Cash Flow

CA$10.77 Million

CAD

Capital Expenditures

CA$14.79 Million

CAD

Data as of

Sep 2023

Most recent filing

Annual Capital Reinvestment Ratio for Erdene Resource Development Corp (None–None)

Year-by-year Capital Reinvestment Ratio for Erdene Resource Development Corp from None to None. See Erdene Resource Development Corp free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.

Year	Reinvestment Ratio	Operating CF (CAD)	Capital Expenditures	YoY Change

Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow