Joint Stock Company Kaspi.kz (KSPI) — Cash Flow Reinvestment Rate

Latest as of March 2026: 1.02x

Joint Stock Company Kaspi.kz (KSPI) has a Cash Flow Reinvestment Rate of 1.02x as of March 2026, reinvesting $88.67 Billion (capex $32.96 Billion plus investments $-55.71 Billion) from operating cash flow of $86.51 Billion. See Joint Stock Company Kaspi.kz free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

1.02x
(Capex + Investments) / Operating CF

Total Reinvested

$88.67 Billion
Capex + Investments

Operating Cash Flow

$86.51 Billion
USD

Capital Expenditures

$32.96 Billion
USD

Joint Stock Company Kaspi.kz Cash Flow Reinvestment Rate (2019–2025)

Historical reinvestment intensity for Joint Stock Company Kaspi.kz across 7 annual periods. For the full cash flow conversion analysis, see Joint Stock Company Kaspi.kz cash flow conversion.

Annual Cash Flow Reinvestment Rate for Joint Stock Company Kaspi.kz (2019–2025)

Year-by-year capital reinvestment analysis for Joint Stock Company Kaspi.kz. See Joint Stock Company Kaspi.kz leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.61x $410.05 Billion $673.61 Billion $182.51 Billion ▲ +73.6%
2024 0.35x $204.09 Billion $581.89 Billion $95.73 Billion ▲ +44.4%
2023 0.24x $268.62 Billion $1.11 Trillion $50.26 Billion ▼ -54.6%
2022 0.54x $546.63 Billion $1.02 Trillion $59.47 Billion ▼ -88.0%
2021 4.47x $314.65 Billion $70.35 Billion $24.90 Billion ▲ +621.6%
2020 0.62x $382.90 Billion $617.73 Billion $18.19 Billion ▲ +984.9%
2019 0.06x $16.93 Billion $296.35 Billion $16.93 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow