Noble Development Public Company Limited (NOBLE) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.052x

Based on the latest financial reports, Noble Development Public Company Limited (NOBLE) has a cash flow conversion efficiency ratio of 0.052x 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 (฿357.75 Million ≈ $11.15 Million USD) by net assets (฿6.88 Billion ≈ $214.30 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Noble Development Public Company Limited - Cash Flow Conversion Efficiency Trend (2002–2024)

This chart illustrates how Noble Development Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Noble Development Public Company Limited (NOBLE) total liabilities for a breakdown of total debt and financial obligations.

Noble Development Public Company Limited Competitors by Cash Flow Conversion Efficiency

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

Company	Cash Flow Conversion Efficiency
Golden Bridge Electech Inc TW:6133	-0.022x
Neuraxis, Inc. NYSE MKT:NRXS	-0.569x
CPN Commercial Growth Leasehold Property Fund BK:CPNCG	0.007x
TIAN GE INT.HLDGS DL-0001 F:04T	N/A
Cheer Time Enterprise Co Ltd TW:3229	-0.031x
Savezone I C KO:067830	-0.003x
Sea Oil Public Company Limited BK:SEAOIL	0.017x
Gopeng Bhd KLSE:2135	0.016x

Annual Cash Flow Conversion Efficiency for Noble Development Public Company Limited (2002–2024)

The table below shows the annual cash flow conversion efficiency of Noble Development Public Company Limited from 2002 to 2024. For the full company profile with market capitalisation and key ratios, see NOBLE company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	฿6.31 Billion ≈ $196.76 Million	฿2.16 Billion ≈ $67.46 Million	0.343x	+229.59%
2023-12-31	฿6.46 Billion ≈ $201.22 Million	฿-1.71 Billion ≈ $-53.24 Million	-0.265x	-82.44%
2022-12-31	฿5.94 Billion ≈ $185.21 Million	฿-861.69 Million ≈ $-26.86 Million	-0.145x	+22.15%
2021-12-31	฿5.63 Billion ≈ $175.41 Million	฿-1.05 Billion ≈ $-32.67 Million	-0.186x	-126.82%
2020-12-31	฿5.86 Billion ≈ $182.76 Million	฿4.07 Billion ≈ $126.94 Million	0.695x	-51.95%
2019-12-31	฿5.48 Billion ≈ $170.79 Million	฿7.92 Billion ≈ $246.87 Million	1.445x	+3001.52%
2018-12-31	฿7.95 Billion ≈ $247.75 Million	฿370.43 Million ≈ $11.55 Million	0.047x	-81.58%
2017-12-31	฿6.48 Billion ≈ $201.87 Million	฿1.64 Billion ≈ $51.06 Million	0.253x	+824.64%
2016-12-31	฿4.43 Billion ≈ $138.17 Million	฿-154.74 Million ≈ $-4.82 Million	-0.035x	+96.57%
2015-12-31	฿3.76 Billion ≈ $117.14 Million	฿-3.83 Billion ≈ $-119.22 Million	-1.018x	-95.52%
2014-12-31	฿4.27 Billion ≈ $133.14 Million	฿-2.22 Billion ≈ $-69.31 Million	-0.521x	-58.89%
2013-12-31	฿4.25 Billion ≈ $132.32 Million	฿-1.39 Billion ≈ $-43.35 Million	-0.328x	-735.31%
2012-12-31	฿4.06 Billion ≈ $126.50 Million	฿209.29 Million ≈ $6.52 Million	0.052x	+133.95%
2011-12-31	฿3.87 Billion ≈ $120.65 Million	฿-587.91 Million ≈ $-18.32 Million	-0.152x	+49.87%
2010-12-31	฿3.73 Billion ≈ $116.28 Million	฿-1.13 Billion ≈ $-35.23 Million	-0.303x	-1417.14%
2009-12-31	฿3.85 Billion ≈ $120.00 Million	฿-76.88 Million ≈ $-2.40 Million	-0.020x	+45.62%
2008-12-31	฿5.92 Billion ≈ $184.66 Million	฿-217.55 Million ≈ $-6.78 Million	-0.037x	+89.95%
2007-12-31	฿3.22 Billion ≈ $100.49 Million	฿-1.18 Billion ≈ $-36.71 Million	-0.365x	-172.44%
2006-12-31	฿3.07 Billion ≈ $95.80 Million	฿1.55 Billion ≈ $48.32 Million	0.504x	+256.38%
2005-12-31	฿2.89 Billion ≈ $90.04 Million	฿408.81 Million ≈ $12.74 Million	0.142x	+143.99%
2004-12-31	฿2.53 Billion ≈ $78.72 Million	฿-812.47 Million ≈ $-25.32 Million	-0.322x	-59.23%
2003-12-31	฿2.38 Billion ≈ $74.26 Million	฿-481.35 Million ≈ $-15.00 Million	-0.202x	+15.51%
2002-12-31	฿1.70 Billion ≈ $53.11 Million	฿-407.40 Million ≈ $-12.70 Million	-0.239x	--

About Noble Development Public Company Limited

BK:NOBLE Thailand Real Estate - Development

Market Cap

$81.10 Million

฿2.60 Billion THB

Market Cap Rank

#19997 Global

#298 in Thailand

Share Price

฿1.90

Change (1 day)

+1.06%

52-Week Range

฿1.63 - ฿2.68

All Time High

฿6.66