Cia de Ferro Ligas da Bahia - FERBASA (FESA3) — Cash Flow Reinvestment Rate
Cia de Ferro Ligas da Bahia - FERBASA (FESA3) has a Cash Flow Reinvestment Rate of 1.80x as of December 2025, reinvesting R$186.78 Million (capex R$111.80 Million plus investments R$-74.98 Million) from operating cash flow of R$103.92 Million. See Cia de Ferro Ligas da Bahia - FERBASA free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Cia de Ferro Ligas da Bahia - FERBASA Cash Flow Reinvestment Rate (2003–2025)
Historical reinvestment intensity for Cia de Ferro Ligas da Bahia - FERBASA across 23 annual periods. For the full cash flow conversion analysis, see Cia de Ferro Ligas da Bahia - FERBASA (FESA3) cash flow conversion.
Annual Cash Flow Reinvestment Rate for Cia de Ferro Ligas da Bahia - FERBASA (2003–2025)
Year-by-year capital reinvestment analysis for Cia de Ferro Ligas da Bahia - FERBASA. See FESA3 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 | 0.85x | R$344.27 Million | R$403.19 Million | R$300.12 Million | ▼ -21.0% |
| 2024 | 1.08x | R$385.85 Million | R$357.12 Million | R$288.67 Million | ▼ -17.6% |
| 2023 | 1.31x | R$625.02 Million | R$476.56 Million | R$328.84 Million | ▲ +144.0% |
| 2022 | 0.54x | R$642.14 Million | R$1.19 Billion | R$260.25 Million | ▲ +8.3% |
| 2021 | 0.50x | R$377.22 Million | R$759.73 Million | R$127.12 Million | ▼ -35.4% |
| 2020 | 0.77x | R$197.99 Million | R$257.67 Million | R$52.97 Million | ▼ -11.6% |
| 2019 | 0.87x | R$149.44 Million | R$171.91 Million | R$116.26 Million | ▼ -34.2% |
| 2018 | 1.32x | R$404.17 Million | R$306.10 Million | R$91.30 Million | ▲ +38.3% |
| 2017 | 0.95x | R$374.51 Million | R$392.39 Million | R$90.54 Million | ▲ +16.9% |
| 2016 | 0.82x | R$245.52 Million | R$300.69 Million | R$105.15 Million | ▼ -96.0% |
| 2015 | 20.22x | R$259.62 Million | R$12.84 Million | R$111.09 Million | ▲ +1664.0% |
| 2014 | 1.15x | R$190.05 Million | R$165.79 Million | R$105.15 Million | ▼ -47.1% |
| 2013 | 2.17x | R$188.73 Million | R$87.02 Million | R$100.64 Million | ▲ +21.0% |
| 2012 | 1.79x | R$124.29 Million | R$69.34 Million | R$124.29 Million | ▲ +32.9% |
| 2011 | 1.35x | R$127.31 Million | R$94.39 Million | R$127.31 Million | ▲ +116.4% |
| 2010 | 0.62x | R$50.77 Million | R$81.43 Million | R$50.77 Million | ▲ +34.0% |
| 2009 | 0.47x | R$43.08 Million | R$92.56 Million | R$43.08 Million | ▲ +53.0% |
| 2008 | 0.30x | R$93.27 Million | R$306.67 Million | R$93.27 Million | ▼ -6.9% |
| 2007 | 0.33x | R$39.03 Million | R$119.49 Million | R$39.03 Million | ▼ -51.7% |
| 2006 | 0.68x | R$29.46 Million | R$43.56 Million | R$29.46 Million | ▼ -2.4% |
| 2005 | 0.69x | R$69.75 Million | R$100.71 Million | R$69.75 Million | ▼ -12.2% |
| 2004 | 0.79x | R$75.76 Million | R$96.09 Million | R$75.76 Million | ▲ +108.4% |
| 2003 | 0.38x | R$36.91 Million | R$97.57 Million | R$36.91 Million | — |