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 liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

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.

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
Schwager SN:SCHWAGER	0.113x
Johnson Chemical Pharmaceutical Works Co Ltd TWO:4747	0.012x
Münchener Tierpark Hellabrunn AG MU:MTP	N/A
SNC Former Public Company Limited BK:SNC	0.028x
Amplitech Group Inc NASDAQ:AMPG	-0.028x
D&C Media Co.Ltd KQ:263720	0.114x
American Vanguard Corporation NYSE:AVD	-0.187x
Arlitech Electronic TWO:6432	0.004x

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 NOBLE company net worth.

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

$75.55 Million

฿2.42 Billion THB

Market Cap Rank

#20393 Global

#314 in Thailand

Share Price

฿1.77

Change (1 day)

+0.00%

52-Week Range

฿1.63 - ฿2.68

All Time High

฿6.66