Noble Mineral Exploration Inc (NOB) — Capital Reinvestment Ratio
Latest as of February 2024:
1.67x
Noble Mineral Exploration Inc (NOB) has a Capital Reinvestment Ratio of 1.67x as of February 2024, meaning it reinvests 2% of its operating cash flow (CA$434.66K) in capital expenditures (CA$726.51K). See how much free cash does Noble Mineral Exploration Inc generate to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
1.67x
Capex / Operating Cash Flow
Operating Cash Flow
CA$434.66K
CAD
Capital Expenditures
CA$726.51K
CAD
Data as of
Feb 2024
Most recent filing
Noble Mineral Exploration Inc Capital Reinvestment Ratio (2003–2003)
This chart tracks Noble Mineral Exploration Inc's Capital Reinvestment Ratio across 1 annual periods.
Annual Capital Reinvestment Ratio for Noble Mineral Exploration Inc (2003–2003)
Year-by-year Capital Reinvestment Ratio for Noble Mineral Exploration Inc from 2003 to 2003. For live market cap and broader valuation context, see NOB market cap.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2003 | 2.26x | CA$82.21K | CA$185.86K | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow