Ascendant Resources Inc (ASND) — Cash Flow Reinvestment Rate

Latest as of March 2020: 0.26x

Ascendant Resources Inc (ASND) has a Cash Flow Reinvestment Rate of 0.26x as of March 2020, reinvesting CA$2.74 Million (capex CA$0.00 plus investments CA$-2.74 Million) from operating cash flow of CA$10.37 Million. See cash generation quality of Ascendant Resources Inc to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.26x
(Capex + Investments) / Operating CF

Total Reinvested

CA$2.74 Million
Capex + Investments

Operating Cash Flow

CA$10.37 Million
CAD

Capital Expenditures

CA$0.00
CAD

Ascendant Resources Inc Cash Flow Reinvestment Rate (2018–2020)

Historical reinvestment intensity for Ascendant Resources Inc across 3 annual periods. For the full cash flow conversion analysis, see how efficiently does Ascendant Resources Inc generate cash.

Annual Cash Flow Reinvestment Rate for Ascendant Resources Inc (2018–2020)

Year-by-year capital reinvestment analysis for Ascendant Resources Inc. See financial agility of Ascendant Resources Inc to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (CAD) Operating CF Capex YoY Change
2020 0.10x CA$920.00K CA$9.52 Million CA$0.00 ▼ -97.8%
2019 4.49x CA$34.68 Million CA$7.73 Million CA$15.65 Million ▲ +55.1%
2018 2.89x CA$47.06 Million CA$16.28 Million CA$21.74 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow