Multibax Public Company Limited (MBAX) - Cash Flow Conversion Efficiency
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 MBAX equity to assets ratio to measure how much of total assets are equity-financed.
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. Check cash flow quality index of Multibax Public Company Limited to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Sri Adhikari Brothers Television Network Limited
NSE:SABTNL
|
-36.713x |
|
M Cash Integrasi Tbk PT
JK:MCAS
|
-0.044x |
|
IRLAB Therapeutics AB (publ)
ST:IRLAB-A
|
-0.787x |
|
Volex Plc
LSE:VLX
|
0.052x |
|
DeepMarkit Corp
V:MKT
|
-0.522x |
|
Kintavar Exploration Inc
V:KTR
|
-0.021x |
|
Schroder Oriental Income Fund
LSE:SOI
|
0.126x |
|
Daedong Metals Co. Ltd
KQ:020400
|
-0.060x |
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
Multibax Public Company Limited engages in the manufacture and distribution of polymer bags in Thailand, North America, Australia, Europe, rest of Asia, and internationally. The company offers food packaging bags, garbage bags, bioplastic bags, and green plastic bags products. The company was incorporated in 1995 and is based in Chonburi, Thailand.