New Energy Metals Corp (ENRG) — Capital Reinvestment Ratio

Latest as of September 2022: 1.99x

New Energy Metals Corp (ENRG) has a Capital Reinvestment Ratio of 1.99x as of September 2022, meaning it reinvests 2% of its operating cash flow (CA$53.72K) in capital expenditures (CA$107.08K). Check tangible net worth ratio of New Energy Metals Corp to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

1.99x

Capex / Operating Cash Flow

Operating Cash Flow

CA$53.72K

CAD

Capital Expenditures

CA$107.08K

CAD

Data as of

Sep 2022

Most recent filing

Annual Capital Reinvestment Ratio for New Energy Metals Corp (None–None)

Year-by-year Capital Reinvestment Ratio for New Energy Metals Corp from None to None. See New Energy Metals Corp (ENRG) 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

Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow