Tucows Inc. Capital Reinvestment Ratio
Tucows Inc. capital reinvestment ratio. Tucows Inc. (TC) has a Capital Reinvestment Ratio of 1.57x as of March 2026, meaning it reinvests 2% of its operating cash flow (CA$3.51 Million) in capital expenditures (CA$5.51 Million). See how much free cash does Tucows Inc. generate to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Tucows Inc. (2002–2022)
Capital reinvestment ratio of Tucows Inc. from 2002 to 2022. This chart tracks Tucows Inc.'s Capital Reinvestment Ratio across 21 annual periods. See Tucows Inc. (TC) flexibility index to measure the company's free cash flow as a share of total liabilities.
Tucows Inc. Capital Reinvestment Ratio by Year (2002–2022)
Tucows Inc. capital reinvestment ratio by year from 2002 to 2022. For the full cash flow conversion analysis, see TC cash generation efficiency.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2022 | 6.92x | CA$19.88 Million | CA$137.49 Million | ▲ +177.2% |
| 2021 | 2.50x | CA$29.64 Million | CA$73.95 Million | ▲ +102.3% |
| 2020 | 1.23x | CA$36.08 Million | CA$44.51 Million | ▲ +4.6% |
| 2019 | 1.18x | CA$40.38 Million | CA$47.64 Million | ▲ +54.1% |
| 2018 | 0.77x | CA$37.21 Million | CA$28.48 Million | ▲ +53.8% |
| 2017 | 0.50x | CA$31.90 Million | CA$15.88 Million | ▼ -25.4% |
| 2016 | 0.67x | CA$21.65 Million | CA$14.45 Million | ▲ +200.1% |
| 2015 | 0.22x | CA$13.35 Million | CA$2.97 Million | ▲ +177.4% |
| 2014 | 0.08x | CA$8.88 Million | CA$711.66K | ▼ -48.1% |
| 2013 | 0.15x | CA$8.70 Million | CA$1.35 Million | ▼ -1.6% |
| 2012 | 0.16x | CA$6.34 Million | CA$997.04K | ▲ +8.7% |
| 2011 | 0.14x | CA$5.89 Million | CA$851.01K | ▲ +66.2% |
| 2010 | 0.09x | CA$6.77 Million | CA$589.05K | ▼ -31.5% |
| 2009 | 0.13x | CA$6.47 Million | CA$821.30K | ▼ -85.8% |
| 2008 | 0.90x | CA$2.36 Million | CA$2.11 Million | ▲ +126.6% |
| 2007 | 0.40x | CA$8.62 Million | CA$3.41 Million | ▼ -24.4% |
| 2006 | 0.52x | CA$8.82 Million | CA$4.61 Million | ▲ +43.8% |
| 2005 | 0.36x | CA$4.06 Million | CA$1.48 Million | ▲ +64.0% |
| 2004 | 0.22x | CA$4.67 Million | CA$1.03 Million | ▼ -25.4% |
| 2003 | 0.30x | CA$3.22 Million | CA$956.65K | ▲ +16.7% |
| 2002 | 0.25x | CA$3.44 Million | CA$875.14K | — |