hGears AG (HGEA) — Capital Reinvestment Ratio
hGears AG (HGEA) has a Capital Reinvestment Ratio of 0.17x as of December 2023, meaning it reinvests 0% of its operating cash flow (€9.74 Million) in capital expenditures (€1.70 Million). Check HGEA tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
hGears AG Capital Reinvestment Ratio (2017–2023)
This chart tracks hGears AG's Capital Reinvestment Ratio across 7 annual periods. For the full cash flow conversion analysis, see how efficiently does hGears AG generate cash.
Annual Capital Reinvestment Ratio for hGears AG (2017–2023)
Year-by-year Capital Reinvestment Ratio for hGears AG from 2017 to 2023. See hGears AG (HGEA) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2023 | 2.01x | €4.11 Million | €8.23 Million | ▲ +13.6% |
| 2022 | 1.76x | €7.42 Million | €13.10 Million | ▲ +26.2% |
| 2021 | 1.40x | €10.15 Million | €14.19 Million | ▲ +200.7% |
| 2020 | 0.46x | €17.27 Million | €8.03 Million | ▼ -69.8% |
| 2019 | 1.54x | €12.52 Million | €19.26 Million | ▼ -68.4% |
| 2018 | 4.87x | €2.24 Million | €10.93 Million | ▲ +598.2% |
| 2017 | 0.70x | €14.76 Million | €10.30 Million | — |