STEP Energy Services Ltd (STEP) — Capital Reinvestment Ratio
STEP Energy Services Ltd (STEP) has a Capital Reinvestment Ratio of 0.81x as of September 2025, meaning it reinvests 1% of its operating cash flow (CA$23.50 Million) in capital expenditures (CA$18.95 Million). Check tangible equity quality of STEP Energy Services Ltd to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
STEP Energy Services Ltd Capital Reinvestment Ratio (2013–2024)
This chart tracks STEP Energy Services Ltd's Capital Reinvestment Ratio across 11 annual periods. For the full cash flow conversion analysis, see cash flow conversion of STEP Energy Services Ltd.
Annual Capital Reinvestment Ratio for STEP Energy Services Ltd (2013–2024)
Year-by-year Capital Reinvestment Ratio for STEP Energy Services Ltd from 2013 to 2024. See STEP cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.65x | CA$146.06 Million | CA$94.34 Million | ▲ +5.4% |
| 2023 | 0.61x | CA$171.61 Million | CA$105.18 Million | ▼ -9.4% |
| 2022 | 0.68x | CA$122.60 Million | CA$82.98 Million | ▲ +7.0% |
| 2021 | 0.63x | CA$58.85 Million | CA$37.24 Million | ▲ +66.2% |
| 2020 | 0.38x | CA$46.80 Million | CA$17.83 Million | ▼ -45.7% |
| 2019 | 0.70x | CA$69.94 Million | CA$49.06 Million | ▼ -32.6% |
| 2018 | 1.04x | CA$110.90 Million | CA$115.45 Million | ▼ -49.6% |
| 2017 | 2.06x | CA$49.14 Million | CA$101.42 Million | ▼ -73.0% |
| 2015 | 7.66x | CA$13.74 Million | CA$105.17 Million | ▲ +520.5% |
| 2014 | 1.23x | CA$27.25 Million | CA$33.61 Million | ▼ -17.8% |
| 2013 | 1.50x | CA$16.39 Million | CA$24.60 Million | — |