Thai Airways International Public Company Limited (THAI) — Capital Reinvestment Ratio
Thai Airways International Public Company Limited (THAI) has a Capital Reinvestment Ratio of 4.46x as of September 2025, meaning it reinvests 4% of its operating cash flow (฿332.90 Million) in capital expenditures (฿1.48 Billion). Check how tangible is Thai Airways International Public Compan's equity to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Thai Airways International Public Company Limited Capital Reinvestment Ratio (2000–2024)
This chart tracks Thai Airways International Public Company Limited's Capital Reinvestment Ratio across 23 annual periods. For the full cash flow conversion analysis, see THAI operating cash flow.
Annual Capital Reinvestment Ratio for Thai Airways International Public Company Limited (2000–2024)
Year-by-year Capital Reinvestment Ratio for Thai Airways International Public Company Limited from 2000 to 2024. See Thai Airways International Public Compan free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (THB) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.08x | ฿55.23 Billion | ฿4.56 Billion | ▼ -30.0% |
| 2023 | 0.12x | ฿43.90 Billion | ฿5.17 Billion | ▲ +1361.8% |
| 2022 | 0.01x | ฿29.11 Billion | ฿234.61 Million | ▼ -96.7% |
| 2019 | 0.25x | ฿13.57 Billion | ฿3.34 Billion | ▲ +12.2% |
| 2018 | 0.22x | ฿17.40 Billion | ฿3.82 Billion | ▲ +44.9% |
| 2017 | 0.15x | ฿23.69 Billion | ฿3.59 Billion | ▼ -34.7% |
| 2016 | 0.23x | ฿24.56 Billion | ฿5.70 Billion | ▲ +12.7% |
| 2015 | 0.21x | ฿18.57 Billion | ฿3.82 Billion | ▼ -84.5% |
| 2014 | 1.33x | ฿6.02 Billion | ฿7.98 Billion | ▲ +18.5% |
| 2013 | 1.12x | ฿25.73 Billion | ฿28.80 Billion | ▲ +89.7% |
| 2012 | 0.59x | ฿31.16 Billion | ฿18.39 Billion | ▼ -56.2% |
| 2011 | 1.35x | ฿9.17 Billion | ฿12.34 Billion | ▲ +297.1% |
| 2010 | 0.34x | ฿28.27 Billion | ฿9.58 Billion | ▼ -41.2% |
| 2009 | 0.58x | ฿28.52 Billion | ฿16.43 Billion | ▼ -69.4% |
| 2008 | 1.88x | ฿11.37 Billion | ฿21.40 Billion | ▲ +133.2% |
| 2007 | 0.81x | ฿27.52 Billion | ฿22.22 Billion | ▼ -9.0% |
| 2006 | 0.89x | ฿22.81 Billion | ฿20.23 Billion | ▼ -62.4% |
| 2005 | 2.36x | ฿19.54 Billion | ฿46.06 Billion | ▲ +175.4% |
| 2004 | 0.86x | ฿27.57 Billion | ฿23.60 Billion | ▲ +334.7% |
| 2003 | 0.20x | ฿23.28 Billion | ฿4.58 Billion | ▲ +7.3% |
| 2002 | 0.18x | ฿25.56 Billion | ฿4.69 Billion | ▼ -55.6% |
| 2001 | 0.41x | ฿6.66 Billion | ฿2.76 Billion | ▼ -21.0% |
| 2000 | 0.52x | ฿23.04 Billion | ฿12.07 Billion | — |