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. Check how high is Companhia Siderúrgica Nacional's earnings quality to evaluate the quality of earnings relative to operating cash generation.

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. Explore Companhia Siderúrgica Nacional (CSNA3) long-term investment share to see how much of total assets are deployed in long-term investments.

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

Year-by-year capital reinvestment analysis for Companhia Siderúrgica Nacional. For live market cap and broader valuation context, see CSNA3 market cap overview.

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