Societatea Nationala de Transport Gaze Naturale Transgaz SA (TGN) — Cash Flow Reinvestment Rate

Latest as of June 2025: 12.25x

Societatea Nationala de Transport Gaze Naturale Transgaz SA (TGN) has a Cash Flow Reinvestment Rate of 12.25x as of June 2025, reinvesting RON895.14 Million (capex RON395.68 Million plus investments RON-499.46 Million) from operating cash flow of RON73.08 Million. See TGN free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

12.25x
(Capex + Investments) / Operating CF

Total Reinvested

RON895.14 Million
Capex + Investments

Operating Cash Flow

RON73.08 Million
RON

Capital Expenditures

RON395.68 Million
RON

Societatea Nationala de Transport Gaze Naturale Transgaz SA Cash Flow Reinvestment Rate (2019–2024)

Historical reinvestment intensity for Societatea Nationala de Transport Gaze Naturale Transgaz SA across 6 annual periods. For the full cash flow conversion analysis, see Societatea Nationala de Transport Gaze N cash flow conversion.

Annual Cash Flow Reinvestment Rate for Societatea Nationala de Transport Gaze Naturale Transgaz SA (2019–2024)

Year-by-year capital reinvestment analysis for Societatea Nationala de Transport Gaze Naturale Transgaz SA. See financial flexibility index of Societatea Nationala de Transport Gaze N to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (RON) Operating CF Capex YoY Change
2024 5.04x RON3.54 Billion RON701.94 Million RON1.78 Billion ▲ +307.8%
2023 1.24x RON492.55 Million RON398.25 Million RON248.65 Million ▼ -42.0%
2022 2.13x RON1.10 Billion RON515.85 Million RON617.04 Million ▼ -28.7%
2021 2.99x RON1.77 Billion RON592.05 Million RON988.67 Million ▼ -64.5%
2020 8.43x RON2.73 Billion RON324.45 Million RON1.49 Billion ▲ +53.1%
2019 5.50x RON1.90 Billion RON345.45 Million RON1.03 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow