Forth Smart Service Public Company Limited Capital Reinvestment Ratio
Forth Smart Service Public Company Limited capital reinvestment ratio. Forth Smart Service Public Company Limited (FSMART) has a Capital Reinvestment Ratio of 0.38x as of December 2025, meaning it reinvests 0% of its operating cash flow (฿126.96 Million) in capital expenditures (฿48.37 Million). See cash generation quality of Forth Smart Service Public Company Limit to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Forth Smart Service Public Company Limited (2012–2025)
Capital reinvestment ratio of Forth Smart Service Public Company Limited from 2012 to 2025. This chart tracks Forth Smart Service Public Company Limited's Capital Reinvestment Ratio across 13 annual periods. See Forth Smart Service Public Company Limit financial flexibility index to measure the company's free cash flow as a share of total liabilities.
Forth Smart Service Public Company Limited Capital Reinvestment Ratio by Year (2012–2025)
Forth Smart Service Public Company Limited capital reinvestment ratio by year from 2012 to 2025. For the full cash flow conversion analysis, see FSMART operating cash flow.
| Year | Reinvestment Ratio | Operating CF (THB) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.35x | ฿479.67 Million | ฿167.39 Million | ▲ +71.3% |
| 2023 | 0.20x | ฿550.56 Million | ฿112.17 Million | ▼ -22.8% |
| 2022 | 0.26x | ฿601.25 Million | ฿158.61 Million | ▲ +124.0% |
| 2021 | 0.12x | ฿1.03 Billion | ฿120.88 Million | ▲ +31.0% |
| 2020 | 0.09x | ฿1.06 Billion | ฿94.98 Million | ▼ -29.1% |
| 2019 | 0.13x | ฿968.07 Million | ฿122.72 Million | ▼ -1.6% |
| 2018 | 0.13x | ฿1.07 Billion | ฿137.37 Million | ▼ -87.6% |
| 2017 | 1.04x | ฿1.11 Billion | ฿1.15 Billion | ▼ -35.7% |
| 2016 | 1.62x | ฿772.82 Million | ฿1.25 Billion | ▲ +53.1% |
| 2015 | 1.05x | ฿628.94 Million | ฿663.46 Million | ▲ +8.8% |
| 2014 | 0.97x | ฿306.12 Million | ฿296.79 Million | ▼ -24.2% |
| 2013 | 1.28x | ฿296.67 Million | ฿379.67 Million | ▼ -69.8% |
| 2012 | 4.23x | ฿100.70 Million | ฿426.19 Million | — |