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

Latest as of March 2026: 0.045x

Based on the latest financial reports, Noble Development Public Company Limited (NOBLE) has a cash flow conversion efficiency ratio of 0.045x 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 (฿303.59 Million ≈ $9.46 Million USD) by net assets (฿6.80 Billion ≈ $211.90 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 Noble Development Public Company Limited balance sheet independence to measure how much of total assets are equity-financed.

Noble Development Public Company Limited - Cash Flow Conversion Efficiency Trend (2002–2025)

This chart illustrates how Noble Development Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check NOBLE operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

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
Decidr Ai Industries Ltd AU:DAI	-0.079x
Island Pharmaceuticals Ltd AU:ILA	-0.237x
Advero Properties SOCIMI S.A. MC:YADV	0.008x
Embellence Group AB ST:EMBELL	0.080x
Nanoform Finland Plc HE:NANOFH	-0.076x
Thai Rung Union Car Public Company Limited BK:TRU	0.013x
KCTC Co. Ltd KO:009070	0.034x
Flexible Solutions International Inc NYSE MKT:FSI	-0.069x

Annual Cash Flow Conversion Efficiency for Noble Development Public Company Limited (2002–2025)

The table below shows the annual cash flow conversion efficiency of Noble Development Public Company Limited from 2002 to 2025. For the full company profile with market capitalisation and key ratios, see market cap of Noble Development Public Company Limited.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	฿6.74 Billion ≈ $210.07 Million	฿1.75 Billion ≈ $54.58 Million	0.260x	-24.21%
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

$78.96 Million

฿2.53 Billion THB

Market Cap Rank

#20084 Global

#310 in Thailand

Share Price

฿1.85

Change (1 day)

+0.00%

52-Week Range

฿1.71 - ฿2.68

All Time High

฿6.66