Havanna Holding SA (HAVA) — Cash Flow Reinvestment Rate
Havanna Holding SA (HAVA) has a Cash Flow Reinvestment Rate of 2.40x as of December 2025, reinvesting AR$12.17 Billion (capex AR$2.74 Billion plus investments AR$9.43 Billion) from operating cash flow of AR$5.08 Billion. See free cash flow generation of Havanna Holding SA to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Havanna Holding SA Cash Flow Reinvestment Rate (2015–2025)
Historical reinvestment intensity for Havanna Holding SA across 11 annual periods. For the full cash flow conversion analysis, see HAVA cash flow conversion.
Annual Cash Flow Reinvestment Rate for Havanna Holding SA (2015–2025)
Year-by-year capital reinvestment analysis for Havanna Holding SA. See HAVA financial flexibility score to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (ARS) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.96x | AR$12.99 Billion | AR$13.47 Billion | AR$9.95 Billion | ▲ +74.3% |
| 2024 | 0.55x | AR$18.68 Billion | AR$33.76 Billion | AR$15.04 Billion | ▲ +16.4% |
| 2023 | 0.48x | AR$10.46 Billion | AR$22.01 Billion | AR$10.46 Billion | ▼ -23.1% |
| 2022 | 0.62x | AR$2.41 Billion | AR$3.90 Billion | AR$1.19 Billion | ▲ +168.5% |
| 2021 | 0.23x | AR$341.90 Million | AR$1.49 Billion | AR$228.65 Million | ▼ -64.6% |
| 2020 | 0.65x | AR$166.54 Million | AR$256.39 Million | AR$83.66 Million | ▼ -38.4% |
| 2019 | 1.05x | AR$848.49 Million | AR$805.13 Million | AR$511.96 Million | ▲ +5.4% |
| 2018 | 1.00x | AR$287.01 Million | AR$286.95 Million | AR$171.41 Million | ▲ +50.1% |
| 2017 | 0.67x | AR$169.96 Million | AR$255.07 Million | AR$109.81 Million | ▼ -40.1% |
| 2016 | 1.11x | AR$80.52 Million | AR$72.39 Million | AR$57.62 Million | ▲ +33.4% |
| 2015 | 0.83x | AR$70.87 Million | AR$84.96 Million | AR$70.87 Million | — |