Noble Mineral Exploration Inc Capital Reinvestment Ratio

Latest as of February 2024: 1.67x

Noble Mineral Exploration Inc 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 NOB cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

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

Capital Reinvestment Ratio of Noble Mineral Exploration Inc (2003–2003)

Capital reinvestment ratio of Noble Mineral Exploration Inc from 2003 to 2003. This chart tracks Noble Mineral Exploration Inc's Capital Reinvestment Ratio across 1 annual periods. Also explore NOB net asset momentum to track the company's year-over-year net asset growth rate.

Noble Mineral Exploration Inc Capital Reinvestment Ratio by Year (2003–2003)

Noble Mineral Exploration Inc capital reinvestment ratio by year from 2003 to 2003. For the full cash flow conversion analysis, see NOB cash generation efficiency.

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