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). See Thai Airways International Public Compan free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
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.
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. For live market cap and broader valuation context, see THAI stock market capitalisation.
| 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 | — |