Tipco Asphalt Public Company Limited (TASCO) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Tipco Asphalt Public Company Limited (TASCO) has a cash flow conversion efficiency ratio of 0.029x 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 (฿408.88 Million ≈ $12.74 Million USD) by net assets (฿14.17 Billion ≈ $441.51 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 net asset quality index of Tipco Asphalt Public Company Limited to measure how much of total assets are equity-financed.
Tipco Asphalt Public Company Limited - Cash Flow Conversion Efficiency Trend (2000–2025)
This chart illustrates how Tipco Asphalt Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Tipco Asphalt Public Company Limited to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Once Upon a Farm, PBC
NYSE:OFRM
|
0.054x |
|
REVO INSURANCE SPA O.N.
F:H0O
|
N/A |
|
Aura Biosciences Inc
NASDAQ:AURA
|
-0.279x |
|
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class D
IS:KRDMD
|
0.031x |
|
CECEP Guozhen Environmental Protection Technology Co Ltd
SHE:300388
|
0.032x |
|
Shenzhen Lifotronic Technology Co
SHG:688389
|
0.025x |
|
Alltop Technology Co Ltd
TWO:3526
|
0.099x |
|
Golden Friends
TWO:4506
|
0.089x |
Annual Cash Flow Conversion Efficiency for Tipco Asphalt Public Company Limited (2000–2025)
The table below shows the annual cash flow conversion efficiency of Tipco Asphalt Public Company Limited from 2000 to 2025. For the full company profile with market capitalisation and key ratios, see Tipco Asphalt Public Company Limited market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | ฿13.87 Billion ≈ $432.25 Million |
฿3.24 Billion ≈ $100.92 Million |
0.233x | +331.76% |
| 2024-12-31 | ฿16.09 Billion ≈ $501.60 Million |
฿870.26 Million ≈ $27.13 Million |
0.054x | -78.02% |
| 2023-12-31 | ฿16.90 Billion ≈ $526.82 Million |
฿4.16 Billion ≈ $129.59 Million |
0.246x | +42.43% |
| 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 | -89.85% |
| 2001-12-31 | ฿1.77 Billion ≈ $55.30 Million |
฿549.49 Million ≈ $17.13 Million |
0.310x | +176.26% |
| 2000-12-31 | ฿1.67 Billion ≈ $52.04 Million |
฿187.20 Million ≈ $5.83 Million |
0.112x | -- |
About Tipco Asphalt Public Company Limited
Tipco Asphalt Public Company Limited, together with its subsidiaries, manufactures and distributes 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; marine logistics; and construction services re… Read more