Steppe Gold Ltd (STGO) — Capital Reinvestment Ratio
Steppe Gold Ltd (STGO) has a Capital Reinvestment Ratio of 0.12x as of March 2026, meaning it reinvests 0% of its operating cash flow (CA$21.84 Million) in capital expenditures (CA$2.60 Million). Check tangible net worth ratio of Steppe Gold Ltd to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Steppe Gold Ltd Capital Reinvestment Ratio (2020–2025)
This chart tracks Steppe Gold Ltd's Capital Reinvestment Ratio across 5 annual periods. For the full cash flow conversion analysis, see STGO operating cash flow.
Annual Capital Reinvestment Ratio for Steppe Gold Ltd (2020–2025)
Year-by-year Capital Reinvestment Ratio for Steppe Gold Ltd from 2020 to 2025. See STGO FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.26x | CA$114.33 Million | CA$29.74 Million | ▲ +50.3% |
| 2024 | 0.17x | CA$81.83 Million | CA$14.16 Million | ▼ -71.9% |
| 2023 | 0.62x | CA$8.20 Million | CA$5.05 Million | ▲ +94.8% |
| 2022 | 0.32x | CA$18.71 Million | CA$5.92 Million | ▲ +66.1% |
| 2020 | 0.19x | CA$11.41 Million | CA$2.17 Million | — |