Companhia Siderúrgica Nacional (CSNA3) — Cash Flow Reinvestment Rate

Latest as of September 2025: 8.42x

Companhia Siderúrgica Nacional (CSNA3) has a Cash Flow Reinvestment Rate of 8.42x as of September 2025, reinvesting R$3.31 Billion (capex R$1.44 Billion plus investments R$-1.87 Billion) from operating cash flow of R$392.50 Million. See how much free cash does Companhia Siderúrgica Nacional generate to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

8.42x
(Capex + Investments) / Operating CF

Total Reinvested

R$3.31 Billion
Capex + Investments

Operating Cash Flow

R$392.50 Million
BRL

Capital Expenditures

R$1.44 Billion
BRL

Companhia Siderúrgica Nacional Cash Flow Reinvestment Rate (1997–2024)

Historical reinvestment intensity for Companhia Siderúrgica Nacional across 27 annual periods. For the full cash flow conversion analysis, see Companhia Siderúrgica Nacional operating cash flow efficiency.

Annual Cash Flow Reinvestment Rate for Companhia Siderúrgica Nacional (1997–2024)

Year-by-year capital reinvestment analysis for Companhia Siderúrgica Nacional. See CSNA3 financial flexibility index 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
2024 0.76x R$6.61 Billion R$8.65 Billion R$5.49 Billion ▼ -49.8%
2023 1.52x R$11.11 Billion R$7.29 Billion R$4.41 Billion ▼ -81.5%
2022 8.24x R$16.83 Billion R$2.04 Billion R$5.38 Billion ▲ +3223.7%
2021 0.25x R$4.07 Billion R$16.43 Billion R$2.86 Billion ▲ +33.6%
2020 0.19x R$1.78 Billion R$9.58 Billion R$1.68 Billion ▼ -60.6%
2019 0.47x R$2.30 Billion R$4.87 Billion R$2.22 Billion ▼ -37.6%
2018 0.75x R$1.67 Billion R$2.21 Billion R$1.32 Billion ▼ -60.2%
2017 1.90x R$1.08 Billion R$571.85 Million R$1.06 Billion ▼ -86.7%
2016 14.27x R$3.94 Billion R$275.92 Million R$1.63 Billion ▲ +1765.2%
2015 0.77x R$3.88 Billion R$5.07 Billion R$1.62 Billion ▼ -66.1%
2014 2.26x R$1.86 Billion R$823.71 Million R$1.85 Billion ▲ +96.7%
2013 1.15x R$2.53 Billion R$2.20 Billion R$2.49 Billion ▲ +46.4%
2012 0.78x R$2.74 Billion R$3.49 Billion R$2.74 Billion ▼ -25.1%
2011 1.05x R$4.40 Billion R$4.20 Billion R$4.40 Billion ▼ -28.0%
2010 1.45x R$3.66 Billion R$2.52 Billion R$3.66 Billion ▲ +239.3%
2008 0.43x R$2.05 Billion R$4.79 Billion R$2.05 Billion ▼ -14.3%
2007 0.50x R$1.13 Billion R$2.25 Billion R$1.13 Billion ▼ -34.9%
2006 0.77x R$1.51 Billion R$1.96 Billion R$1.51 Billion ▲ +365.4%
2005 0.17x R$677.15 Million R$4.10 Billion R$677.15 Million ▼ -67.2%
2004 0.50x R$472.78 Million R$940.24 Million R$472.78 Million ▲ +36.2%
2003 0.37x R$605.89 Million R$1.64 Billion R$605.89 Million ▲ +12.7%
2002 0.33x R$934.51 Million R$2.85 Billion R$934.51 Million ▼ -84.0%
2001 2.05x R$998.59 Million R$487.68 Million R$998.59 Million ▲ +190.6%
2000 0.70x R$735.11 Million R$1.04 Billion R$735.11 Million ▲ +74.8%
1999 0.40x R$464.12 Million R$1.15 Billion R$464.12 Million ▼ -13.1%
1998 0.46x R$395.08 Million R$851.78 Million R$395.08 Million ▲ +1148.2%
1997 0.04x R$35.04 Million R$943.02 Million R$35.04 Million —
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow