Grupa Azoty Zaklady Azotowe Pulawy SA (ZAP) — Capital Reinvestment Ratio
Grupa Azoty Zaklady Azotowe Pulawy SA (ZAP) has a Capital Reinvestment Ratio of 0.04x as of March 2026, meaning it reinvests 0% of its operating cash flow (zł750.27 Million) in capital expenditures (zł28.39 Million). Check ZAP goodwill-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
Grupa Azoty Zaklady Azotowe Pulawy SA Capital Reinvestment Ratio (2004–2025)
This chart tracks Grupa Azoty Zaklady Azotowe Pulawy SA's Capital Reinvestment Ratio across 22 annual periods. For the full cash flow conversion analysis, see Grupa Azoty Zaklady Azotowe Pulawy SA (ZAP) cash conversion ratio.
Annual Capital Reinvestment Ratio for Grupa Azoty Zaklady Azotowe Pulawy SA (2004–2025)
Year-by-year Capital Reinvestment Ratio for Grupa Azoty Zaklady Azotowe Pulawy SA from 2004 to 2025. See ZAP free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (PLN) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.04x | zł3.00 Billion | zł131.43 Million | ▼ -55.6% |
| 2024 | 0.10x | zł2.49 Billion | zł246.26 Million | ▼ -51.7% |
| 2023 | 0.20x | zł2.49 Billion | zł509.45 Million | ▲ +2.3% |
| 2022 | 0.20x | zł2.29 Billion | zł457.98 Million | ▼ -58.4% |
| 2021 | 0.48x | zł2.17 Billion | zł1.04 Billion | ▼ -52.4% |
| 2020 | 1.01x | zł610.15 Million | zł615.84 Million | ▲ +53.5% |
| 2019 | 0.66x | zł675.80 Million | zł444.44 Million | ▼ -50.0% |
| 2018 | 1.32x | zł363.43 Million | zł477.94 Million | ▲ +69.1% |
| 2017 | 0.78x | zł519.31 Million | zł403.83 Million | ▲ +60.8% |
| 2016 | 0.48x | zł529.80 Million | zł256.15 Million | ▲ +28.2% |
| 2015 | 0.38x | zł688.99 Million | zł259.92 Million | ▼ -54.5% |
| 2014 | 0.83x | zł316.27 Million | zł262.15 Million | ▼ -5.0% |
| 2013 | 0.87x | zł311.52 Million | zł271.66 Million | ▲ +17.0% |
| 2012 | 0.75x | zł461.27 Million | zł343.78 Million | ▲ +99.4% |
| 2011 | 0.37x | zł820.35 Million | zł306.55 Million | ▼ -50.4% |
| 2010 | 0.75x | zł498.87 Million | zł375.70 Million | ▼ -97.7% |
| 2009 | 32.37x | zł10.65 Million | zł344.69 Million | ▲ +6157.7% |
| 2008 | 0.52x | zł292.96 Million | zł151.55 Million | ▲ +12.5% |
| 2007 | 0.46x | zł320.07 Million | zł147.21 Million | ▲ +43.8% |
| 2006 | 0.32x | zł335.98 Million | zł107.48 Million | ▼ -42.4% |
| 2005 | 0.56x | zł156.41 Million | zł86.86 Million | ▲ +34.6% |
| 2004 | 0.41x | zł197.92 Million | zł81.63 Million | — |