KGHM Polska Miedz SA (KGH) — Capital Reinvestment Ratio
KGHM Polska Miedz SA (KGH) has a Capital Reinvestment Ratio of 1.30x as of December 2025, meaning it reinvests 1% of its operating cash flow (zł1.35 Billion) in capital expenditures (zł1.76 Billion). Check KGH intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
KGHM Polska Miedz SA Capital Reinvestment Ratio (2004–2025)
This chart tracks KGHM Polska Miedz SA's Capital Reinvestment Ratio across 22 annual periods. For the full cash flow conversion analysis, see KGH cash flow metrics.
Annual Capital Reinvestment Ratio for KGHM Polska Miedz SA (2004–2025)
Year-by-year Capital Reinvestment Ratio for KGHM Polska Miedz SA from 2004 to 2025. See how much free cash does KGHM Polska Miedz SA generate to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (PLN) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.38x | zł4.04 Billion | zł5.57 Billion | ▲ +9.2% |
| 2024 | 1.26x | zł4.69 Billion | zł5.93 Billion | ▲ +55.2% |
| 2023 | 0.82x | zł6.05 Billion | zł4.93 Billion | ▼ -51.4% |
| 2022 | 1.68x | zł2.46 Billion | zł4.13 Billion | ▲ +82.1% |
| 2021 | 0.92x | zł4.27 Billion | zł3.93 Billion | ▲ +49.7% |
| 2020 | 0.62x | zł5.66 Billion | zł3.48 Billion | ▼ -11.9% |
| 2019 | 0.70x | zł5.05 Billion | zł3.52 Billion | ▼ -1.6% |
| 2018 | 0.71x | zł3.83 Billion | zł2.71 Billion | ▼ -22.5% |
| 2017 | 0.92x | zł3.05 Billion | zł2.80 Billion | ▲ +18.6% |
| 2016 | 0.77x | zł4.21 Billion | zł3.25 Billion | ▼ -18.4% |
| 2015 | 0.95x | zł4.16 Billion | zł3.94 Billion | ▲ +31.5% |
| 2014 | 0.72x | zł4.85 Billion | zł3.49 Billion | ▲ +18.8% |
| 2013 | 0.61x | zł3.79 Billion | zł2.30 Billion | ▲ +61.2% |
| 2012 | 0.38x | zł4.70 Billion | zł1.77 Billion | ▲ +83.7% |
| 2011 | 0.20x | zł9.10 Billion | zł1.86 Billion | ▼ -5.4% |
| 2010 | 0.22x | zł5.35 Billion | zł1.16 Billion | ▼ -59.8% |
| 2009 | 0.54x | zł2.72 Billion | zł1.47 Billion | ▲ +19.7% |
| 2008 | 0.45x | zł2.96 Billion | zł1.33 Billion | ▲ +77.6% |
| 2007 | 0.25x | zł4.67 Billion | zł1.18 Billion | ▼ -19.6% |
| 2006 | 0.32x | zł2.83 Billion | zł891.93 Million | ▼ -2.1% |
| 2005 | 0.32x | zł2.74 Billion | zł880.58 Million | ▼ -13.6% |
| 2004 | 0.37x | zł1.96 Billion | zł728.30 Million | — |