Forth Smart Service Public Company Limited (FSMART) — 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 net asset quality index of Forth Smart Service Public Company Limit to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Forth Smart Service Public Company Limited Capital Reinvestment Ratio (2012–2025)
This chart tracks Forth Smart Service Public Company Limited's Capital Reinvestment Ratio across 13 annual periods. Check how aggressively does Forth Smart Service Public Company Limit reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Forth Smart Service Public Company Limited (2012–2025)
Year-by-year Capital Reinvestment Ratio for Forth Smart Service Public Company Limited from 2012 to 2025. For live market cap and broader valuation context, see FSMART market cap overview.
| 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 | — |