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 net asset quality index of TRX Gold Corporation to measure how much of total assets are equity-financed.

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. Check TNX total capital reinvestment ratio to assess the company's total reinvestment commitment from 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. For live market cap and broader valuation context, see TNX market cap.

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