Aygaz AS (AYGAZ) — Cash Flow Reinvestment Rate
Latest as of December 2025:
2.58x
Aygaz AS (AYGAZ) has a Cash Flow Reinvestment Rate of 2.58x as of December 2025, reinvesting TL523.56 Million (capex TL523.56 Million ) from operating cash flow of TL202.57 Million. See AYGAZ free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
2.58x
(Capex + Investments) / Operating CF
Total Reinvested
TL523.56 Million
Capex + Investments
Operating Cash Flow
TL202.57 Million
TRY
Capital Expenditures
TL523.56 Million
TRY
Aygaz AS Cash Flow Reinvestment Rate (2003–2025)
Historical reinvestment intensity for Aygaz AS across 22 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Aygaz AS.
Annual Cash Flow Reinvestment Rate for Aygaz AS (2003–2025)
Year-by-year capital reinvestment analysis for Aygaz AS. See financial agility of Aygaz AS to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (TRY) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.74x | TL1.62 Billion | TL2.18 Billion | TL1.62 Billion | ▼ -90.9% |
| 2024 | 8.17x | TL4.35 Billion | TL532.90 Million | TL4.07 Billion | ▲ +378.4% |
| 2023 | 1.71x | TL4.73 Billion | TL2.77 Billion | TL1.11 Billion | ▲ +63.3% |
| 2021 | 1.05x | TL245.72 Million | TL235.01 Million | TL189.06 Million | ▲ +102.8% |
| 2020 | 0.52x | TL142.54 Million | TL276.50 Million | TL85.89 Million | ▼ -7.1% |
| 2019 | 0.56x | TL320.72 Million | TL577.71 Million | TL120.72 Million | ▼ -65.4% |
| 2018 | 1.61x | TL374.63 Million | TL233.28 Million | TL104.00 Million | ▲ +151.3% |
| 2017 | 0.64x | TL160.53 Million | TL251.24 Million | TL110.53 Million | ▲ +264.8% |
| 2016 | 0.18x | TL102.01 Million | TL582.38 Million | TL98.90 Million | ▼ -69.2% |
| 2015 | 0.57x | TL136.29 Million | TL239.43 Million | TL86.29 Million | ▼ -37.1% |
| 2014 | 0.91x | TL257.66 Million | TL284.63 Million | TL81.33 Million | ▲ +178.2% |
| 2013 | 0.33x | TL76.48 Million | TL235.08 Million | TL76.48 Million | ▼ -44.7% |
| 2012 | 0.59x | TL95.70 Million | TL162.61 Million | TL95.70 Million | ▼ -65.1% |
| 2011 | 1.69x | TL167.00 Million | TL98.95 Million | TL167.00 Million | ▲ +725.8% |
| 2010 | 0.20x | TL79.40 Million | TL388.44 Million | TL79.40 Million | ▼ -82.7% |
| 2009 | 1.18x | TL126.35 Million | TL107.21 Million | TL126.35 Million | ▲ +504.0% |
| 2008 | 0.20x | TL73.47 Million | TL376.52 Million | TL73.47 Million | ▼ -34.7% |
| 2007 | 0.30x | TL87.20 Million | TL292.05 Million | TL87.20 Million | ▼ -77.5% |
| 2006 | 1.33x | TL157.53 Million | TL118.56 Million | TL157.53 Million | ▲ +26.8% |
| 2005 | 1.05x | TL143.17 Million | TL136.65 Million | TL143.17 Million | ▼ -62.7% |
| 2004 | 2.81x | TL115.12 Million | TL40.93 Million | TL115.12 Million | ▼ -38.2% |
| 2003 | 4.55x | TL76.40 Trillion | TL16.79 Trillion | TL76.40 Trillion | — |
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow