Minerva S.A (BEEF3) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.40x

Minerva S.A (BEEF3) has a Cash Flow Reinvestment Rate of 0.40x as of December 2025, reinvesting R$384.36 Million (capex R$354.96 Million plus investments R$-29.40 Million) from operating cash flow of R$954.29 Million. See BEEF3 free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.40x
(Capex + Investments) / Operating CF

Total Reinvested

R$384.36 Million
Capex + Investments

Operating Cash Flow

R$954.29 Million
BRL

Capital Expenditures

R$354.96 Million
BRL

Minerva S.A Cash Flow Reinvestment Rate (2004–2025)

Historical reinvestment intensity for Minerva S.A across 19 annual periods. For the full cash flow conversion analysis, see how efficiently does Minerva S.A generate cash.

Annual Cash Flow Reinvestment Rate for Minerva S.A (2004–2025)

Year-by-year capital reinvestment analysis for Minerva S.A. See BEEF3 free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (BRL) Operating CF Capex YoY Change
2025 0.25x R$1.18 Billion R$4.70 Billion R$1.12 Billion ▼ -77.1%
2024 1.10x R$7.21 Billion R$6.56 Billion R$742.77 Million ▼ -7.3%
2023 1.19x R$3.20 Billion R$2.70 Billion R$714.90 Million ▲ +50.4%
2022 0.79x R$2.47 Billion R$3.13 Billion R$813.26 Million ▲ +259.8%
2021 0.22x R$568.52 Million R$2.59 Billion R$504.19 Million ▲ +87.8%
2020 0.12x R$376.10 Million R$3.22 Billion R$354.72 Million ▼ -23.6%
2019 0.15x R$268.44 Million R$1.76 Billion R$247.06 Million ▼ -3.5%
2018 0.16x R$210.46 Million R$1.33 Billion R$189.09 Million ▼ -68.2%
2017 0.50x R$273.65 Million R$549.76 Million R$252.28 Million ▼ -19.3%
2016 0.62x R$359.20 Million R$582.11 Million R$179.60 Million ▲ +87.5%
2015 0.33x R$315.74 Million R$959.27 Million R$315.74 Million ▼ -65.8%
2014 0.96x R$306.81 Million R$318.52 Million R$306.81 Million ▲ +156.9%
2013 0.37x R$178.04 Million R$474.79 Million R$178.04 Million ▼ -26.5%
2012 0.51x R$212.99 Million R$417.30 Million R$212.99 Million ▼ -93.7%
2010 8.04x R$206.18 Million R$25.63 Million R$206.18 Million ▲ +1414.1%
2009 0.53x R$138.90 Million R$261.42 Million R$138.90 Million ▲ +56.5%
2007 0.34x R$102.70 Million R$302.52 Million R$102.70 Million ▲ +40.5%
2006 0.24x R$12.95 Million R$53.61 Million R$12.95 Million
2004 0.00x R$0.00 R$18.64 Million R$0.00
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow