Kelt Exploration Ltd. (KEL) — Capital Reinvestment Ratio
Kelt Exploration Ltd. (KEL) has a Capital Reinvestment Ratio of 1.67x as of September 2025, meaning it reinvests 2% of its operating cash flow (CA$53.83 Million) in capital expenditures (CA$89.85 Million). Check KEL tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Kelt Exploration Ltd. Capital Reinvestment Ratio (2012–2024)
This chart tracks Kelt Exploration Ltd.'s Capital Reinvestment Ratio across 13 annual periods. For the full cash flow conversion analysis, see KEL cash flow metrics.
Annual Capital Reinvestment Ratio for Kelt Exploration Ltd. (2012–2024)
Year-by-year Capital Reinvestment Ratio for Kelt Exploration Ltd. from 2012 to 2024. See cash generation quality of Kelt Exploration Ltd. to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 1.59x | CA$209.15 Million | CA$333.15 Million | ▲ +59.6% |
| 2023 | 1.00x | CA$283.22 Million | CA$282.59 Million | ▼ -3.9% |
| 2022 | 1.04x | CA$306.02 Million | CA$317.58 Million | ▼ -25.5% |
| 2021 | 1.39x | CA$159.71 Million | CA$222.36 Million | ▼ -45.7% |
| 2020 | 2.57x | CA$59.28 Million | CA$152.10 Million | ▲ +29.8% |
| 2019 | 1.98x | CA$162.49 Million | CA$321.33 Million | ▲ +24.7% |
| 2018 | 1.59x | CA$186.38 Million | CA$295.57 Million | ▼ -25.2% |
| 2017 | 2.12x | CA$115.22 Million | CA$244.30 Million | ▼ -9.0% |
| 2016 | 2.33x | CA$44.72 Million | CA$104.16 Million | ▼ -19.8% |
| 2015 | 2.90x | CA$63.01 Million | CA$182.96 Million | ▲ +18.3% |
| 2014 | 2.46x | CA$112.39 Million | CA$275.96 Million | ▼ -78.4% |
| 2013 | 11.38x | CA$26.89 Million | CA$305.90 Million | ▲ +172.3% |
| 2012 | 4.18x | CA$10.02 Million | CA$41.84 Million | — |