Netcare (NTC) — Cash Flow Reinvestment Rate
Latest as of September 2025:
0.45x
Netcare (NTC) has a Cash Flow Reinvestment Rate of 0.45x as of September 2025, reinvesting ZAC1.10 Billion (capex ZAC1.10 Billion ) from operating cash flow of ZAC2.42 Billion. See NTC free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
0.45x
(Capex + Investments) / Operating CF
Total Reinvested
ZAC1.10 Billion
Capex + Investments
Operating Cash Flow
ZAC2.42 Billion
ZAC
Capital Expenditures
ZAC1.10 Billion
ZAC
Netcare Cash Flow Reinvestment Rate (2005–2025)
Historical reinvestment intensity for Netcare across 20 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Netcare.
Annual Cash Flow Reinvestment Rate for Netcare (2005–2025)
Year-by-year capital reinvestment analysis for Netcare. See NTC financial flexibility score to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (ZAC) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.67x | ZAC1.63 Billion | ZAC2.45 Billion | ZAC1.63 Billion | ▼ -32.1% |
| 2024 | 0.98x | ZAC2.67 Billion | ZAC2.72 Billion | ZAC1.52 Billion | ▼ -34.3% |
| 2023 | 1.50x | ZAC2.81 Billion | ZAC1.88 Billion | ZAC1.51 Billion | ▲ +178.6% |
| 2022 | 0.54x | ZAC1.40 Billion | ZAC2.61 Billion | ZAC1.38 Billion | ▼ -2.5% |
| 2021 | 0.55x | ZAC1.27 Billion | ZAC2.31 Billion | ZAC1.14 Billion | ▲ +28.0% |
| 2019 | 0.43x | ZAC1.50 Billion | ZAC3.47 Billion | ZAC1.43 Billion | ▼ -33.4% |
| 2018 | 0.65x | ZAC1.60 Billion | ZAC2.48 Billion | ZAC1.51 Billion | ▼ -34.0% |
| 2017 | 0.98x | ZAC2.47 Billion | ZAC2.52 Billion | ZAC2.42 Billion | ▼ -35.0% |
| 2016 | 1.51x | ZAC5.30 Billion | ZAC3.52 Billion | ZAC2.79 Billion | ▲ +61.3% |
| 2015 | 0.93x | ZAC2.79 Billion | ZAC2.98 Billion | ZAC2.64 Billion | ▲ +28.3% |
| 2014 | 0.73x | ZAC2.05 Billion | ZAC2.81 Billion | ZAC1.90 Billion | ▲ +15.2% |
| 2013 | 0.63x | ZAC1.35 Billion | ZAC2.14 Billion | ZAC1.35 Billion | ▲ +11.2% |
| 2012 | 0.57x | ZAC1.35 Billion | ZAC2.38 Billion | ZAC1.35 Billion | ▼ -6.1% |
| 2011 | 0.60x | ZAC1.41 Billion | ZAC2.33 Billion | ZAC1.41 Billion | ▼ -20.0% |
| 2010 | 0.76x | ZAC1.37 Billion | ZAC1.81 Billion | ZAC1.37 Billion | ▼ -37.6% |
| 2009 | 1.21x | ZAC1.43 Billion | ZAC1.18 Billion | ZAC1.43 Billion | ▲ +18.1% |
| 2008 | 1.03x | ZAC1.42 Billion | ZAC1.38 Billion | ZAC1.42 Billion | ▼ -38.0% |
| 2007 | 1.65x | ZAC1.49 Billion | ZAC902.00 Million | ZAC1.49 Billion | ▼ -3.8% |
| 2006 | 1.72x | ZAC1.12 Billion | ZAC654.30 Million | ZAC1.12 Billion | ▲ +127.7% |
| 2005 | 0.75x | ZAC497.30 Million | ZAC658.70 Million | ZAC497.30 Million | — |
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow