Spruce Ridge Resources Ltd. (SHL) — Capital Reinvestment Ratio

Latest as of April 2024: 1.13x

Spruce Ridge Resources Ltd. (SHL) has a Capital Reinvestment Ratio of 1.13x as of April 2024, meaning it reinvests 1% of its operating cash flow (CA$947.73K) in capital expenditures (CA$1.07 Million). Check SHL tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

1.13x
Capex / Operating Cash Flow

Operating Cash Flow

CA$947.73K
CAD

Capital Expenditures

CA$1.07 Million
CAD

Data as of

Apr 2024
Most recent filing

Spruce Ridge Resources Ltd. Capital Reinvestment Ratio (2015–2015)

This chart tracks Spruce Ridge Resources Ltd.'s Capital Reinvestment Ratio across 1 annual periods. For the full cash flow conversion analysis, see SHL cash flow metrics.

Annual Capital Reinvestment Ratio for Spruce Ridge Resources Ltd. (2015–2015)

Year-by-year Capital Reinvestment Ratio for Spruce Ridge Resources Ltd. from 2015 to 2015. See Spruce Ridge Resources Ltd. (SHL) 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
2015 2.87x CA$21.35K CA$61.24K
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow