Telenor ASA (TEL) — Cash Flow Reinvestment Rate
Telenor ASA (TEL) has a Cash Flow Reinvestment Rate of 0.67x as of June 2025, reinvesting Nkr9.46 Billion (capex Nkr5.99 Billion plus investments Nkr-3.48 Billion) from operating cash flow of Nkr14.15 Billion. See Telenor ASA free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Telenor ASA Cash Flow Reinvestment Rate (1999–2024)
Historical reinvestment intensity for Telenor ASA across 26 annual periods. For the full cash flow conversion analysis, see TEL operating cash flow.
Annual Cash Flow Reinvestment Rate for Telenor ASA (1999–2024)
Year-by-year capital reinvestment analysis for Telenor ASA. See TEL free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (NOK) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.79x | Nkr24.87 Billion | Nkr31.48 Billion | Nkr13.38 Billion | ▼ -26.4% |
| 2023 | 1.07x | Nkr31.26 Billion | Nkr29.12 Billion | Nkr14.73 Billion | ▲ +101.4% |
| 2022 | 0.53x | Nkr20.91 Billion | Nkr39.22 Billion | Nkr19.30 Billion | ▲ +3.0% |
| 2021 | 0.52x | Nkr21.88 Billion | Nkr42.27 Billion | Nkr19.45 Billion | ▲ +13.0% |
| 2020 | 0.46x | Nkr20.07 Billion | Nkr43.82 Billion | Nkr19.00 Billion | ▼ -42.1% |
| 2019 | 0.79x | Nkr27.09 Billion | Nkr34.22 Billion | Nkr21.99 Billion | ▲ +37.3% |
| 2018 | 0.58x | Nkr20.98 Billion | Nkr36.39 Billion | Nkr20.92 Billion | ▲ +12.7% |
| 2017 | 0.51x | Nkr21.50 Billion | Nkr42.05 Billion | Nkr18.36 Billion | ▼ -54.6% |
| 2016 | 1.13x | Nkr44.83 Billion | Nkr39.78 Billion | Nkr23.73 Billion | ▲ +96.8% |
| 2015 | 0.57x | Nkr21.25 Billion | Nkr37.11 Billion | Nkr21.17 Billion | ▼ -6.6% |
| 2014 | 0.61x | Nkr20.75 Billion | Nkr33.85 Billion | Nkr20.69 Billion | ▲ +39.0% |
| 2013 | 0.44x | Nkr16.32 Billion | Nkr36.99 Billion | Nkr15.61 Billion | ▼ -37.3% |
| 2012 | 0.70x | Nkr16.89 Billion | Nkr24.00 Billion | Nkr16.89 Billion | ▲ +43.8% |
| 2011 | 0.49x | Nkr13.26 Billion | Nkr27.09 Billion | Nkr13.26 Billion | ▼ -3.5% |
| 2010 | 0.51x | Nkr13.42 Billion | Nkr26.46 Billion | Nkr13.42 Billion | ▲ +19.3% |
| 2009 | 0.42x | Nkr13.01 Billion | Nkr30.62 Billion | Nkr13.01 Billion | ▼ -37.6% |
| 2008 | 0.68x | Nkr17.46 Billion | Nkr25.63 Billion | Nkr17.46 Billion | ▼ -15.3% |
| 2007 | 0.80x | Nkr19.06 Billion | Nkr23.70 Billion | Nkr19.06 Billion | ▲ +28.2% |
| 2006 | 0.63x | Nkr19.22 Billion | Nkr30.64 Billion | Nkr19.22 Billion | ▼ -2.5% |
| 2005 | 0.64x | Nkr14.35 Billion | Nkr22.31 Billion | Nkr14.20 Billion | ▼ -34.0% |
| 2004 | 0.97x | Nkr18.65 Billion | Nkr19.14 Billion | Nkr18.03 Billion | ▲ +100.6% |
| 2003 | 0.49x | Nkr6.66 Billion | Nkr13.72 Billion | Nkr6.55 Billion | ▼ -31.3% |
| 2002 | 0.71x | Nkr9.08 Billion | Nkr12.83 Billion | Nkr9.08 Billion | ▼ -72.0% |
| 2001 | 2.53x | Nkr17.66 Billion | Nkr6.98 Billion | Nkr17.66 Billion | ▲ +78.6% |
| 2000 | 1.42x | Nkr9.00 Billion | Nkr6.35 Billion | Nkr9.00 Billion | ▲ +54.6% |
| 1999 | 0.92x | Nkr5.97 Billion | Nkr6.52 Billion | Nkr5.97 Billion | — |