TRX Gold Corporation (TNX) — Capital Reinvestment Ratio
Latest as of November 2023:
0.73x
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). See TRX Gold Corporation (TNX) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.73x
Capex / Operating Cash Flow
Operating Cash Flow
CA$5.14 Million
CAD
Capital Expenditures
CA$3.77 Million
CAD
Data as of
Nov 2023
Most recent filing
TRX Gold Corporation Capital Reinvestment Ratio (2022–2023)
This chart tracks TRX Gold Corporation's Capital Reinvestment Ratio across 2 annual periods.
Annual Capital Reinvestment Ratio for TRX Gold Corporation (2022–2023)
Year-by-year Capital Reinvestment Ratio for TRX Gold Corporation from 2022 to 2023. For live market cap and broader valuation context, see market cap of TRX Gold Corporation.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow