Light S.A (LIGT3) — Cash Flow Reinvestment Rate

Latest as of June 2025: 2.95x

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. Check Light S.A cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

2.95x
(Capex + Investments) / Operating CF

Total Reinvested

R$630.65 Million
Capex + Investments

Operating Cash Flow

R$213.72 Million
BRL

Capital Expenditures

R$419.40 Million
BRL

Light S.A Cash Flow Reinvestment Rate (2003–2024)

Historical reinvestment intensity for Light S.A across 20 annual periods. Explore how much of Light S.A's assets are long-term investments to see how much of total assets are deployed in long-term investments.

Annual Cash Flow Reinvestment Rate for Light S.A (2003–2024)

Year-by-year capital reinvestment analysis for Light S.A. For live market cap and broader valuation context, see how much is Light S.A worth.

Year Reinvestment Rate Total Reinvested (BRL) Operating CF Capex YoY Change
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
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow