Covalon Technologies Ltd. (COV) — Capital Reinvestment Ratio
Covalon Technologies Ltd. (COV) has a Capital Reinvestment Ratio of 0.12x as of December 2025, meaning it reinvests 0% of its operating cash flow (CA$5.75 Million) in capital expenditures (CA$718.55K). Check COV tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Covalon Technologies Ltd. Capital Reinvestment Ratio (2014–2025)
This chart tracks Covalon Technologies Ltd.'s Capital Reinvestment Ratio across 5 annual periods. For the full cash flow conversion analysis, see COV operating cash flow.
Annual Capital Reinvestment Ratio for Covalon Technologies Ltd. (2014–2025)
Year-by-year Capital Reinvestment Ratio for Covalon Technologies Ltd. from 2014 to 2025. See COV free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.37x | CA$2.29 Million | CA$847.02K | ▲ +208.3% |
| 2024 | 0.12x | CA$3.47 Million | CA$416.83K | ▼ -58.0% |
| 2021 | 0.29x | CA$621.37K | CA$177.66K | ▼ -98.8% |
| 2017 | 23.75x | CA$15.15K | CA$359.70K | ▲ +62399.0% |
| 2014 | 0.04x | CA$3.10 Million | CA$117.88K | — |