Gulf Energy Development Public Company Limited (GULF) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Gulf Energy Development Public Company Limited (GULF) has a cash flow conversion efficiency ratio of 0.015x 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 (฿5.77 Billion ≈ $179.79 Million USD) by net assets (฿378.12 Billion ≈ $11.79 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See GULF defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Gulf Energy Development Public Company Limited - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Gulf Energy Development Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Gulf Energy Development Public Company Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Gulf Energy Development Public Company Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Viking Holdings Ltd
NYSE:VIK
|
0.742x |
|
Prudential plc
F:PRU2
|
0.030x |
|
Ares Management LP
NYSE:ARES
|
0.048x |
|
Bajaj Auto Limited
NSE:BAJAJ-AUTO
|
-0.006x |
|
Iron Mountain Incorporated
NYSE:IRM
|
-0.440x |
|
Dover Corporation
NYSE:DOV
|
0.026x |
|
Northern Trust Corporation
NASDAQ:NTRS
|
-0.025x |
|
Avenue Supermarts Limited
NSE:DMART
|
0.061x |
Annual Cash Flow Conversion Efficiency for Gulf Energy Development Public Company Limited (2014–2024)
The table below shows the annual cash flow conversion efficiency of Gulf Energy Development Public Company Limited from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see GULF company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ฿153.84 Billion ≈ $4.80 Billion |
฿19.82 Billion ≈ $617.63 Million |
0.129x | +1.46% |
| 2023-12-31 | ฿144.10 Billion ≈ $4.49 Billion |
฿18.29 Billion ≈ $570.23 Million |
0.127x | +52.87% |
| 2022-12-31 | ฿135.80 Billion ≈ $4.23 Billion |
฿11.28 Billion ≈ $351.51 Million |
0.083x | -36.29% |
| 2021-12-31 | ฿107.51 Billion ≈ $3.35 Billion |
฿14.01 Billion ≈ $436.83 Million |
0.130x | -11.18% |
| 2020-12-31 | ฿72.08 Billion ≈ $2.25 Billion |
฿10.58 Billion ≈ $329.73 Million |
0.147x | -10.57% |
| 2019-12-31 | ฿49.04 Billion ≈ $1.53 Billion |
฿8.05 Billion ≈ $250.86 Million |
0.164x | +206.06% |
| 2018-12-31 | ฿44.79 Billion ≈ $1.40 Billion |
฿2.40 Billion ≈ $74.86 Million |
0.054x | +394.42% |
| 2017-12-31 | ฿39.35 Billion ≈ $1.23 Billion |
฿-716.65 Million ≈ $-22.34 Million |
-0.018x | +94.02% |
| 2016-12-31 | ฿3.78 Billion ≈ $117.89 Million |
฿-1.15 Billion ≈ $-35.93 Million |
-0.305x | +27.30% |
| 2015-12-31 | ฿2.49 Billion ≈ $77.77 Million |
฿-1.05 Billion ≈ $-32.60 Million |
-0.419x | -1008.52% |
| 2014-12-31 | ฿3.66 Billion ≈ $114.12 Million |
฿-138.46 Million ≈ $-4.32 Million |
-0.038x | -- |
About Gulf Energy Development Public Company Limited
Gulf Development Public Company Limited generates and sells electricity and steam to public and private clients in Thailand and internationally. The company operates through Power Business, Consulting Business, Infrastructure Business and Satellite and Digital Business segments. It generates electricity through gas-fired, solar, biomass hydroelectric, waste-to-energy, and wind power projects unde… Read more