Tipco Asphalt Public Company Limited Cash Flow Conversion Efficiency
Tipco Asphalt Public Company Limited cash flow conversion efficiency. Based on the latest financial reports, Tipco Asphalt Public Company Limited (TASCO-R) has a cash flow conversion efficiency ratio of 0.046x as of June 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 (฿702.91 Million ≈ $21.91 Million USD) by net assets (฿15.18 Billion ≈ $473.02 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Tipco Asphalt Public Company Limited (2002–2024)
Cash flow conversion efficiency of Tipco Asphalt Public Company Limited from 2002 to 2024. This chart illustrates how Tipco Asphalt Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Tipco Asphalt Public Company Limited (TASCO-R) share price today for real-time trading data and today's change.
Tipco Asphalt Public Company Limited Cash Flow Conversion Ratio Explained
Tipco Asphalt Public Company Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Tipco Asphalt Public Company Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Tipco Asphalt Public Company Limited ranked by their cash flow conversion efficiency. Also see market cap of Tipco Asphalt Public Company Limited for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Laan & Spar Bank AS
CO:LASP
|
-0.418x |
|
Nanjing Cosmos Chemical Co Ltd
SHE:300856
|
0.037x |
|
Ta Ya Electric Wire & Cable Co., Ltd.
TW:1609
|
-0.061x |
|
Shenzhen Coship Electronics Co Ltd
SHE:002052
|
0.302x |
|
Shanghai Kaibao Pharmaceutical
SHE:300039
|
0.045x |
|
Bowman Consulting Group Ltd
NASDAQ:BWMN
|
-0.031x |
|
Xiamen XGMA Machinery Co Ltd
SHG:600815
|
0.358x |
|
Shenzhen LeoKing Environmental Group Co. Ltd. A
SHE:301305
|
N/A |
Annual Cash Flow Conversion Efficiency for Tipco Asphalt Public Company Limited (2002–2024)
The table below shows the annual cash flow conversion efficiency of Tipco Asphalt Public Company Limited from 2002 to 2024. Review Tipco Asphalt Public Company Limited (TASCO-R) FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ฿16.09 Billion ≈ $501.60 Million |
฿870.26 Million ≈ $27.13 Million |
0.054x | -77.90% |
| 2023-12-31 | ฿16.90 Billion ≈ $526.82 Million |
฿4.14 Billion ≈ $128.92 Million |
0.245x | +41.70% |
| 2022-12-31 | ฿16.79 Billion ≈ $523.40 Million |
฿2.90 Billion ≈ $90.39 Million |
0.173x | +269.79% |
| 2021-12-31 | ฿15.94 Billion ≈ $496.75 Million |
฿744.31 Million ≈ $23.20 Million |
0.047x | -87.37% |
| 2020-12-31 | ฿15.02 Billion ≈ $468.18 Million |
฿5.55 Billion ≈ $173.08 Million |
0.370x | -20.61% |
| 2019-12-31 | ฿13.58 Billion ≈ $423.24 Million |
฿6.32 Billion ≈ $197.07 Million |
0.466x | +322.75% |
| 2018-12-31 | ฿12.54 Billion ≈ $390.77 Million |
฿-2.62 Billion ≈ $-81.69 Million |
-0.209x | -214.77% |
| 2017-12-31 | ฿12.93 Billion ≈ $402.99 Million |
฿2.35 Billion ≈ $73.40 Million |
0.182x | -53.80% |
| 2016-12-31 | ฿12.27 Billion ≈ $382.29 Million |
฿4.84 Billion ≈ $150.71 Million |
0.394x | -50.18% |
| 2015-12-31 | ฿10.56 Billion ≈ $329.29 Million |
฿8.36 Billion ≈ $260.55 Million |
0.791x | -28.35% |
| 2014-12-31 | ฿6.13 Billion ≈ $190.91 Million |
฿6.76 Billion ≈ $210.82 Million |
1.104x | +8426.51% |
| 2013-12-31 | ฿5.89 Billion ≈ $183.62 Million |
฿-78.13 Million ≈ $-2.44 Million |
-0.013x | +98.01% |
| 2012-12-31 | ฿5.04 Billion ≈ $157.18 Million |
฿-3.35 Billion ≈ $-104.49 Million |
-0.665x | -1178.95% |
| 2011-12-31 | ฿4.44 Billion ≈ $138.48 Million |
฿-230.94 Million ≈ $-7.20 Million |
-0.052x | -107.31% |
| 2010-12-31 | ฿3.63 Billion ≈ $113.08 Million |
฿2.58 Billion ≈ $80.39 Million |
0.711x | +185.71% |
| 2009-12-31 | ฿2.85 Billion ≈ $88.93 Million |
฿-2.37 Billion ≈ $-73.76 Million |
-0.829x | -48.10% |
| 2008-12-31 | ฿2.37 Billion ≈ $73.78 Million |
฿-1.33 Billion ≈ $-41.32 Million |
-0.560x | -462.45% |
| 2007-12-31 | ฿3.14 Billion ≈ $97.97 Million |
฿485.67 Million ≈ $15.14 Million |
0.155x | +594.70% |
| 2006-12-31 | ฿3.05 Billion ≈ $95.09 Million |
฿-95.29 Million ≈ $-2.97 Million |
-0.031x | +58.20% |
| 2005-12-31 | ฿2.63 Billion ≈ $81.88 Million |
฿-196.31 Million ≈ $-6.12 Million |
-0.075x | -265.83% |
| 2004-12-31 | ฿1.84 Billion ≈ $57.41 Million |
฿83.00 Million ≈ $2.59 Million |
0.045x | +15.95% |
| 2003-12-31 | ฿3.31 Billion ≈ $103.22 Million |
฿128.70 Million ≈ $4.01 Million |
0.039x | +23.67% |
| 2002-12-31 | ฿1.99 Billion ≈ $62.00 Million |
฿62.51 Million ≈ $1.95 Million |
0.031x | -- |
About Tipco Asphalt Public Company Limited
Tipco Asphalt Public Company Limited, together with its subsidiaries, engages in the manufacture and distribution of asphalt and petroleum products in Thailand and internationally. It operates through Manufacturing and Trading; and Construction Business segments. The company engages in manufacturing and trading of asphalt, petroleum oil, and asphalt concrete products. It is also involved in the r… Read more