Photon Energy N.V. Capital Reinvestment Ratio
Photon Energy N.V. capital reinvestment ratio. Photon Energy N.V. (PEN) has a Capital Reinvestment Ratio of 0.28x as of December 2025, meaning it reinvests 0% of its operating cash flow (zł6.23 Million) in capital expenditures (zł1.72 Million). Check PEN capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Photon Energy N.V. (2017–2025)
Capital reinvestment ratio of Photon Energy N.V. from 2017 to 2025. This chart tracks Photon Energy N.V.'s Capital Reinvestment Ratio across 9 annual periods. Also explore PEN net asset momentum to track the company's year-over-year net asset growth rate.
Photon Energy N.V. Capital Reinvestment Ratio by Year (2017–2025)
Photon Energy N.V. capital reinvestment ratio by year from 2017 to 2025. For the full cash flow conversion analysis, see PEN cash flow conversion.
| Year | Reinvestment Ratio | Operating CF (PLN) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.36x | zł20.57 Million | zł7.46 Million | ▼ -25.6% |
| 2024 | 0.49x | zł14.32 Million | zł6.98 Million | ▼ -84.9% |
| 2023 | 3.23x | zł7.21 Million | zł23.28 Million | ▼ -66.7% |
| 2022 | 9.69x | zł2.85 Million | zł27.58 Million | ▲ +599.1% |
| 2021 | 1.39x | zł6.22 Million | zł8.62 Million | ▼ -57.9% |
| 2020 | 3.29x | zł5.56 Million | zł18.31 Million | ▲ +22.7% |
| 2019 | 2.68x | zł6.54 Million | zł17.54 Million | ▲ +115.1% |
| 2018 | 1.25x | zł7.65 Million | zł9.55 Million | ▼ -65.2% |
| 2017 | 3.59x | zł2.66 Million | zł9.55 Million | — |