Bangkok Aviation Fuel Services Public Company Limited (BAFS) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.062x

Based on the latest financial reports, Bangkok Aviation Fuel Services Public Company Limited (BAFS) has a cash flow conversion efficiency ratio of 0.062x as of March 2026. 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 (฿340.66 Million ≈ $10.62 Million USD) by net assets (฿5.48 Billion ≈ $170.79 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is Bangkok Aviation Fuel Services Public Co's balance sheet to measure how much of total assets are equity-financed.

Bangkok Aviation Fuel Services Public Company Limited - Cash Flow Conversion Efficiency Trend (2000–2025)

This chart illustrates how Bangkok Aviation Fuel Services Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check BAFS cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Bangkok Aviation Fuel Services Public Company Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Bangkok Aviation Fuel Services Public Company Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Strike Energy Limited F:RJN	-0.013x
Wismilak Inti Makmur Tbk JK:WIIM	0.040x
Quang Viet Enterprise Co Ltd TW:4438	-0.156x
Old Point Financial Corporation NASDAQ:OPOF	0.014x
JCY International Bhd KLSE:5161	-0.028x
Smurfit Westrock Plc LSE:SWR	0.011x
J.G.CHEMICALS LIMITED NSE:JGCHEM	0.066x
Compagnie Du Mont-Blanc PA:MLCMB	0.078x

Annual Cash Flow Conversion Efficiency for Bangkok Aviation Fuel Services Public Company Limited (2000–2025)

The table below shows the annual cash flow conversion efficiency of Bangkok Aviation Fuel Services Public Company Limited from 2000 to 2025. For the full company profile with market capitalisation and key ratios, see BAFS market cap.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	฿5.37 Billion ≈ $167.35 Million	฿1.16 Billion ≈ $36.05 Million	0.215x	-0.94%
2024-12-31	฿6.47 Billion ≈ $201.60 Million	฿1.41 Billion ≈ $43.85 Million	0.217x	+28.02%
2023-12-31	฿6.70 Billion ≈ $208.84 Million	฿1.14 Billion ≈ $35.48 Million	0.170x	+78.66%
2022-12-31	฿5.95 Billion ≈ $185.51 Million	฿565.97 Million ≈ $17.64 Million	0.095x	-69.76%
2021-12-31	฿6.38 Billion ≈ $198.72 Million	฿2.01 Billion ≈ $62.50 Million	0.315x	+383.03%
2020-12-31	฿6.77 Billion ≈ $210.93 Million	฿440.63 Million ≈ $13.73 Million	0.065x	-65.59%
2019-12-31	฿7.86 Billion ≈ $245.11 Million	฿1.49 Billion ≈ $46.38 Million	0.189x	-19.17%
2018-12-31	฿7.85 Billion ≈ $244.77 Million	฿1.84 Billion ≈ $57.30 Million	0.234x	-10.54%
2017-12-31	฿7.57 Billion ≈ $235.94 Million	฿1.98 Billion ≈ $61.75 Million	0.262x	+20.23%
2016-12-31	฿7.37 Billion ≈ $229.75 Million	฿1.60 Billion ≈ $50.01 Million	0.218x	-19.32%
2015-12-31	฿5.66 Billion ≈ $176.55 Million	฿1.53 Billion ≈ $47.63 Million	0.270x	+1.64%
2014-12-31	฿5.21 Billion ≈ $162.47 Million	฿1.38 Billion ≈ $43.13 Million	0.265x	-5.70%
2013-12-31	฿4.99 Billion ≈ $155.48 Million	฿1.40 Billion ≈ $43.77 Million	0.282x	-0.70%
2012-12-31	฿4.29 Billion ≈ $133.65 Million	฿1.22 Billion ≈ $37.89 Million	0.283x	+15.91%
2011-12-31	฿3.82 Billion ≈ $119.07 Million	฿934.37 Million ≈ $29.12 Million	0.245x	-23.50%
2010-12-31	฿3.56 Billion ≈ $111.03 Million	฿1.14 Billion ≈ $35.50 Million	0.320x	+10.29%
2009-12-31	฿3.27 Billion ≈ $102.00 Million	฿948.75 Million ≈ $29.57 Million	0.290x	+1.85%
2008-12-31	฿2.99 Billion ≈ $93.22 Million	฿851.33 Million ≈ $26.54 Million	0.285x	+0.05%
2007-12-31	฿3.43 Billion ≈ $107.02 Million	฿976.90 Million ≈ $30.45 Million	0.285x	+36.54%
2006-12-31	฿2.67 Billion ≈ $83.11 Million	฿555.60 Million ≈ $17.32 Million	0.208x	+3.86%
2005-12-31	฿2.44 Billion ≈ $75.94 Million	฿488.77 Million ≈ $15.23 Million	0.201x	-34.09%
2004-12-31	฿2.04 Billion ≈ $63.65 Million	฿621.56 Million ≈ $19.37 Million	0.304x	+27.10%
2003-12-31	฿1.76 Billion ≈ $54.79 Million	฿420.95 Million ≈ $13.12 Million	0.239x	+0.75%
2002-12-31	฿1.59 Billion ≈ $49.43 Million	฿376.95 Million ≈ $11.75 Million	0.238x	-54.86%
2001-12-31	฿827.87 Million ≈ $25.80 Million	฿435.92 Million ≈ $13.59 Million	0.527x	+59.14%
2000-12-31	฿1.06 Billion ≈ $33.00 Million	฿350.29 Million ≈ $10.92 Million	0.331x	--

About Bangkok Aviation Fuel Services Public Company Limited

BK:BAFS Thailand Airports & Air Services

Market Cap

$214.60 Million

฿6.88 Billion THB

Market Cap Rank

#16274 Global

#202 in Thailand

Share Price

฿10.80

Change (1 day)

-0.92%

52-Week Range

฿8.10 - ฿11.40

All Time High

฿43.07