Multibax Public Company Limited (MBAX) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.159x

Based on the latest financial reports, Multibax Public Company Limited (MBAX) has a cash flow conversion efficiency ratio of 0.159x as of September 2025. 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 (฿80.92 Million ≈ $2.52 Million USD) by net assets (฿507.81 Million ≈ $15.83 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 Multibax Public Company Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Multibax Public Company Limited - Cash Flow Conversion Efficiency Trend (2005–2024)

This chart illustrates how Multibax Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Multibax Public Company Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Multibax Public Company Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
BOA Resources Ltd AU:BOA	-0.060x
Les Constructeurs Du Bois SA PA:MLLCB	0.007x
Eastern International Ltd. NASDAQ:ELOG	0.025x
G.M. LEATHER S.P.A. F:N78	N/A
Pearl Gold AG F:02P	N/A
WAPS Co. Ltd KQ:196700	0.023x
JBDI Holdings Limited Ordinary Shares NASDAQ:JBDI	0.106x
Shyam Century Ferrous Limited NSE:SHYAMCENT	0.035x

Annual Cash Flow Conversion Efficiency for Multibax Public Company Limited (2005–2024)

The table below shows the annual cash flow conversion efficiency of Multibax Public Company Limited from 2005 to 2024. For the full company profile with market capitalisation and key ratios, see Multibax Public Company Limited market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	฿479.92 Million ≈ $14.96 Million	฿-24.43 Million ≈ $-761.42K	-0.051x	-115.40%
2023-12-31	฿498.48 Million ≈ $15.54 Million	฿164.80 Million ≈ $5.14 Million	0.331x	+33.31%
2022-12-31	฿590.33 Million ≈ $18.40 Million	฿146.41 Million ≈ $4.56 Million	0.248x	+235.86%
2021-12-31	฿549.84 Million ≈ $17.14 Million	฿40.60 Million ≈ $1.27 Million	0.074x	-81.30%
2020-12-31	฿594.89 Million ≈ $18.54 Million	฿234.90 Million ≈ $7.32 Million	0.395x	+45.39%
2019-12-31	฿505.18 Million ≈ $15.75 Million	฿137.20 Million ≈ $4.28 Million	0.272x	-35.63%
2018-12-31	฿525.63 Million ≈ $16.38 Million	฿221.75 Million ≈ $6.91 Million	0.422x	+574.21%
2017-12-31	฿504.18 Million ≈ $15.71 Million	฿31.55 Million ≈ $983.33K	0.063x	-89.51%
2016-12-31	฿402.77 Million ≈ $12.55 Million	฿240.29 Million ≈ $7.49 Million	0.597x	+10.53%
2015-12-31	฿388.31 Million ≈ $12.10 Million	฿209.59 Million ≈ $6.53 Million	0.540x	+106.91%
2014-12-31	฿320.85 Million ≈ $10.00 Million	฿83.70 Million ≈ $2.61 Million	0.261x	+465.50%
2013-12-31	฿303.97 Million ≈ $9.47 Million	฿14.02 Million ≈ $437.06K	0.046x	-81.04%
2012-12-31	฿309.81 Million ≈ $9.66 Million	฿75.36 Million ≈ $2.35 Million	0.243x	-51.14%
2011-12-31	฿257.79 Million ≈ $8.04 Million	฿128.34 Million ≈ $4.00 Million	0.498x	+3889.51%
2010-12-31	฿275.32 Million ≈ $8.58 Million	฿3.44 Million ≈ $107.09K	0.012x	-96.83%
2009-12-31	฿316.80 Million ≈ $9.87 Million	฿124.76 Million ≈ $3.89 Million	0.394x	+111.95%
2008-12-31	฿317.76 Million ≈ $9.90 Million	฿59.04 Million ≈ $1.84 Million	0.186x	-19.63%
2007-12-31	฿310.50 Million ≈ $9.68 Million	฿71.78 Million ≈ $2.24 Million	0.231x	-2.75%
2006-12-31	฿169.82 Million ≈ $5.29 Million	฿40.37 Million ≈ $1.26 Million	0.238x	-19.98%
2005-12-31	฿145.76 Million ≈ $4.54 Million	฿43.30 Million ≈ $1.35 Million	0.297x	--

About Multibax Public Company Limited

BK:MBAX Thailand Packaging & Containers

Market Cap

$11.71 Million

฿375.69 Million THB

Market Cap Rank

#26657 Global

#546 in Thailand

Share Price

฿1.89

Change (1 day)

-0.53%

52-Week Range

฿1.33 - ฿2.22

All Time High

฿6.93