Noble Mineral Exploration Inc (NOB) — Capital Reinvestment Ratio
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). Check how tangible is Noble Mineral Exploration Inc's equity to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Noble Mineral Exploration Inc Capital Reinvestment Ratio (2003–2003)
This chart tracks Noble Mineral Exploration Inc's Capital Reinvestment Ratio across 1 annual periods. For the full cash flow conversion analysis, see NOB cash flow metrics.
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. See NOB FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2003 | 2.26x | CA$82.21K | CA$185.86K | — |