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Damodaran Fundamentals: Reinvestment Rate

Reinvestment Rate = (Net Capital Expenditures + Change in WC) / EBIT(1-t). Units: %. Corporate Finance data is collected and calculated by Prof. Aswath Damodaran, Professor of Finance at the Stern School of Business, New York             University. The raw data is available here: http://pages.stern.nyu.edu/~adamodar/New_Home_Page/data.html
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study("Reinvestment Rate", shorttitle="Reinvestment Rate", precision=1)
sym = "QUANDL:DMDRN/" + ticker + "_REINV_RATE"
series = security(sym, "D", close)
plot(series, color=orange, linewidth=3) 
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timwest PRO
2 years ago
I'd suggest a precision of 2. If you narrow down the chart time period all of the plots become 0.1
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