TRX Gold Corporation (TNX) — Capital Reinvestment Ratio
TRX Gold Corporation (TNX) has a Capital Reinvestment Ratio of 0.73x as of November 2023, meaning it reinvests 1% of its operating cash flow (CA$5.14 Million) in capital expenditures (CA$3.77 Million). Check TRX Gold Corporation tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
TRX Gold Corporation Capital Reinvestment Ratio (2022–2023)
This chart tracks TRX Gold Corporation's Capital Reinvestment Ratio across 2 annual periods. For the full cash flow conversion analysis, see TNX operating cash flow.
Annual Capital Reinvestment Ratio for TRX Gold Corporation (2022–2023)
Year-by-year Capital Reinvestment Ratio for TRX Gold Corporation from 2022 to 2023. See how much free cash does TRX Gold Corporation generate to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2023 | 1.03x | CA$17.33 Million | CA$17.79 Million | ▼ -76.1% |
| 2022 | 4.30x | CA$2.96 Million | CA$12.69 Million | — |