Tucows Inc. (TC) — Capital Reinvestment Ratio
Latest as of March 2026:
1.57x
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). Check TC goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
1.57x
Capex / Operating Cash Flow
Operating Cash Flow
CA$3.51 Million
CAD
Capital Expenditures
CA$5.51 Million
CAD
Data as of
Mar 2026
Most recent filing
Tucows Inc. Capital Reinvestment Ratio (2002–2022)
This chart tracks Tucows Inc.'s Capital Reinvestment Ratio across 21 annual periods. For the full cash flow conversion analysis, see TC cash flow metrics.
Annual Capital Reinvestment Ratio for Tucows Inc. (2002–2022)
Year-by-year Capital Reinvestment Ratio for Tucows Inc. from 2002 to 2022. See Tucows Inc. (TC) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow