Northern Shield Resources Inc. (NRN) — Capital Reinvestment Ratio

Latest as of September 2024: 0.75x

Northern Shield Resources Inc. (NRN) has a Capital Reinvestment Ratio of 0.75x as of September 2024, meaning it reinvests 1% of its operating cash flow (CA$302.43K) in capital expenditures (CA$225.91K). Check Northern Shield Resources Inc. (NRN) tangible net worth to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.75x

Capex / Operating Cash Flow

Operating Cash Flow

CA$302.43K

CAD

Capital Expenditures

CA$225.91K

CAD

Data as of

Sep 2024

Most recent filing

Annual Capital Reinvestment Ratio for Northern Shield Resources Inc. (None–None)

Year-by-year Capital Reinvestment Ratio for Northern Shield Resources Inc. from None to None. See Northern Shield Resources Inc. free cash flow ratio 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