Light S.A (LIGT3) — Cash Flow Reinvestment Rate
Light S.A (LIGT3) has a Cash Flow Reinvestment Rate of 2.95x as of June 2025, reinvesting R$630.65 Million (capex R$419.40 Million plus investments R$211.25 Million) from operating cash flow of R$213.72 Million. See Light S.A 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
Light S.A Cash Flow Reinvestment Rate (2003–2025)
Historical reinvestment intensity for Light S.A across 21 annual periods. For the full cash flow conversion analysis, see Light S.A cash flow conversion.
Annual Cash Flow Reinvestment Rate for Light S.A (2003–2025)
Year-by-year capital reinvestment analysis for Light S.A. See Light S.A 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 |
|---|---|---|---|---|---|
| 2025 | 2.43x | R$1.71 Billion | R$703.72 Million | R$168.35 Million | ▲ +90.3% |
| 2024 | 1.27x | R$2.74 Billion | R$2.15 Billion | R$967.05 Million | ▼ -22.1% |
| 2023 | 1.64x | R$2.29 Billion | R$1.40 Billion | R$773.14 Million | ▼ -79.7% |
| 2022 | 8.08x | R$1.62 Billion | R$200.76 Million | R$1.47 Billion | ▲ +596.8% |
| 2020 | 1.16x | R$2.71 Billion | R$2.33 Billion | R$968.48 Million | ▼ -57.8% |
| 2019 | 2.75x | R$1.24 Billion | R$451.55 Million | R$849.92 Million | ▼ -93.3% |
| 2018 | 41.23x | R$1.71 Billion | R$41.49 Million | R$758.65 Million | ▲ +30.8% |
| 2017 | 31.53x | R$811.77 Million | R$25.75 Million | R$651.20 Million | ▲ +3723.7% |
| 2016 | 0.82x | R$942.35 Million | R$1.14 Billion | R$415.76 Million | ▼ -17.3% |
| 2015 | 1.00x | R$977.05 Million | R$979.48 Million | R$883.24 Million | ▼ -33.9% |
| 2014 | 1.51x | R$884.09 Million | R$585.47 Million | R$832.88 Million | ▲ +132.8% |
| 2013 | 0.65x | R$920.75 Million | R$1.42 Billion | R$830.17 Million | ▼ -56.3% |
| 2012 | 1.48x | R$803.26 Million | R$541.16 Million | R$803.26 Million | ▼ -5.5% |
| 2011 | 1.57x | R$741.63 Million | R$472.01 Million | R$741.63 Million | ▲ +206.3% |
| 2010 | 0.51x | R$632.34 Million | R$1.23 Billion | R$632.34 Million | ▼ -2.8% |
| 2009 | 0.53x | R$556.85 Million | R$1.05 Billion | R$556.85 Million | ▲ +12.3% |
| 2008 | 0.47x | R$615.13 Million | R$1.31 Billion | R$615.13 Million | ▲ +47.5% |
| 2007 | 0.32x | R$488.09 Million | R$1.53 Billion | R$488.09 Million | ▲ +32.5% |
| 2006 | 0.24x | R$312.54 Million | R$1.30 Billion | R$312.54 Million | ▼ -70.5% |
| 2004 | 0.82x | R$307.05 Million | R$375.71 Million | R$307.05 Million | ▼ -57.4% |
| 2003 | 1.92x | R$281.16 Million | R$146.61 Million | R$281.16 Million | — |