Thai Energy Storage Technology Public Company Limited
Thai Energy Storage Technology Public Company Limited, together with its subsidiaries, manufactures and distributes batteries in Thailand and internationally. It provides automotive batteries comprising low maintenance, maintenance-free, and EFB batteries; motorcycle batteries; traction batteries; EB batteries; lighting batteries; and golf cart batteries under the 3K, Tiger, KV, TSB, Tuflong, MAX… Read more
Thai Energy Storage Technology Public Company Limited (3K-BAT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.045x
Based on the latest financial reports, Thai Energy Storage Technology Public Company Limited (3K-BAT) has a cash flow conversion efficiency ratio of 0.045x as of June 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (฿116.73 Million) by net assets (฿2.58 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Thai Energy Storage Technology Public Company Limited - Cash Flow Conversion Efficiency Trend (2018–2023)
This chart illustrates how Thai Energy Storage Technology Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Thai Energy Storage Technology Public Company Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Thai Energy Storage Technology Public Company Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Bradda Head Lithium Limited
PINK:BHLIF
|
0.000x |
|
VPR Brands LP
PINK:VPRB
|
0.457x |
|
Iconic Minerals Ltd.
OTCQB:ICMFF
|
-2.148x |
|
Rogue Resources Inc
PINK:GCRIF
|
-0.281x |
|
Lowland Investment Co
LSE:LWI
|
0.011x |
|
Tarachi Gold Corp
OTCQB:TRGGF
|
-0.013x |
|
Vivakor Inc
NASDAQ:VIVK
|
0.176x |
|
TONGDA GRP HLDGS
MU:TJC
|
N/A |
Annual Cash Flow Conversion Efficiency for Thai Energy Storage Technology Public Company Limited (2018–2023)
The table below shows the annual cash flow conversion efficiency of Thai Energy Storage Technology Public Company Limited from 2018 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | ฿2.49 Billion | ฿365.54 Million | 0.147x | -7.23% |
| 2022-12-31 | ฿2.36 Billion | ฿374.18 Million | 0.159x | +11725.26% |
| 2021-12-31 | ฿2.22 Billion | ฿2.97 Million | 0.001x | -99.39% |
| 2020-12-31 | ฿2.08 Billion | ฿455.76 Million | 0.219x | +6.67% |
| 2019-12-31 | ฿1.97 Billion | ฿404.06 Million | 0.205x | +10.86% |
| 2018-12-31 | ฿1.98 Billion | ฿366.16 Million | 0.185x | -- |