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 leveraged is Noble Mineral Exploration Inc's balance sheet to measure how much of total assets are equity-financed.

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. Check NOB cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

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 market cap of Noble Mineral Exploration Inc.

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