Northland Power Inc. (NPI) — Capital Reinvestment Ratio
Northland Power Inc. (NPI) has a Capital Reinvestment Ratio of 0.09x as of March 2026, meaning it reinvests 0% of its operating cash flow (CA$511.85 Million) in capital expenditures (CA$46.28 Million). Check tangible equity quality of Northland Power Inc. to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Northland Power Inc. Capital Reinvestment Ratio (1999–2025)
This chart tracks Northland Power Inc.'s Capital Reinvestment Ratio across 27 annual periods. For the full cash flow conversion analysis, see NPI cash flow conversion.
Annual Capital Reinvestment Ratio for Northland Power Inc. (1999–2025)
Year-by-year Capital Reinvestment Ratio for Northland Power Inc. from 1999 to 2025. See free cash flow generation of Northland Power Inc. to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.12x | CA$1.11 Billion | CA$135.55 Million | ▼ -84.9% |
| 2024 | 0.81x | CA$683.18 Million | CA$552.22 Million | ▼ -15.8% |
| 2023 | 0.96x | CA$459.37 Million | CA$441.11 Million | ▲ +217.5% |
| 2022 | 0.30x | CA$1.50 Billion | CA$452.58 Million | ▼ -14.5% |
| 2021 | 0.35x | CA$1.33 Billion | CA$469.79 Million | ▲ +58.1% |
| 2020 | 0.22x | CA$1.01 Billion | CA$226.57 Million | ▼ -72.7% |
| 2019 | 0.82x | CA$935.70 Million | CA$766.04 Million | ▲ +69.1% |
| 2018 | 0.48x | CA$819.76 Million | CA$396.89 Million | ▼ -65.8% |
| 2017 | 1.41x | CA$576.75 Million | CA$815.78 Million | ▼ -53.7% |
| 2016 | 3.06x | CA$531.80 Million | CA$1.63 Billion | ▼ -57.4% |
| 2015 | 7.19x | CA$269.46 Million | CA$1.94 Billion | ▲ +1.1% |
| 2014 | 7.11x | CA$255.20 Million | CA$1.81 Billion | ▲ +289.0% |
| 2013 | 1.83x | CA$183.43 Million | CA$335.31 Million | ▼ -38.3% |
| 2012 | 2.96x | CA$102.59 Million | CA$303.74 Million | ▼ -31.0% |
| 2011 | 4.29x | CA$84.49 Million | CA$362.26 Million | ▲ +19.7% |
| 2010 | 3.58x | CA$89.66 Million | CA$321.05 Million | ▲ +61.9% |
| 2009 | 2.21x | CA$64.58 Million | CA$142.80 Million | ▲ +216292.9% |
| 2008 | 0.00x | CA$102.76 Million | CA$105.00K | ▼ -31.4% |
| 2007 | 0.00x | CA$98.69 Million | CA$147.00K | ▼ -30.8% |
| 2006 | 0.00x | CA$70.57 Million | CA$152.00K | ▼ -99.5% |
| 2005 | 0.47x | CA$55.63 Million | CA$25.90 Million | ▼ -67.1% |
| 2004 | 1.42x | CA$47.41 Million | CA$67.17 Million | ▲ +3771.2% |
| 2003 | 0.04x | CA$40.88 Million | CA$1.50 Million | ▼ -94.1% |
| 2002 | 0.62x | CA$31.28 Million | CA$19.47 Million | ▲ +22276.6% |
| 2001 | 0.00x | CA$32.00 Million | CA$89.00K | ▼ -57.7% |
| 2000 | 0.01x | CA$23.14 Million | CA$152.00K | ▲ +134.5% |
| 1999 | 0.00x | CA$29.27 Million | CA$82.00K | — |