Thai Coating Industrial Public Company Limited (TCOAT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Thai Coating Industrial Public Company Limited (TCOAT) has a cash flow conversion efficiency ratio of -0.006x 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 (฿-3.40 Million ≈ $-105.88K USD) by net assets (฿547.80 Million ≈ $17.07 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 TCOAT net asset quality score to measure how much of total assets are equity-financed.
Thai Coating Industrial Public Company Limited - Cash Flow Conversion Efficiency Trend (2000–2024)
This chart illustrates how Thai Coating Industrial Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check cash flow quality index of Thai Coating Industrial Public Company L to evaluate the quality of earnings relative to operating cash generation.
Thai Coating Industrial Public Company Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Thai Coating Industrial Public Company Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Renewi PLC
LSE:RWI
|
0.336x |
|
SenesTech Inc
NASDAQ:SNES
|
-0.122x |
|
Avalon Holdings Corporation
NYSE MKT:AWX
|
-0.035x |
|
Workspace Group PLC
LSE:WKP
|
0.018x |
|
ECSTELECOM Co. Ltd
KQ:067010
|
0.056x |
|
REVOLVE RENEW.POWER CORP.
F:PM7
|
-0.348x |
|
Solution Engineering Holdings Bhd
KLSE:0093
|
0.004x |
|
Beyond Air Inc
NASDAQ:XAIR
|
-0.509x |
Annual Cash Flow Conversion Efficiency for Thai Coating Industrial Public Company Limited (2000–2024)
The table below shows the annual cash flow conversion efficiency of Thai Coating Industrial Public Company Limited from 2000 to 2024. For the full company profile with market capitalisation and key ratios, see market cap of Thai Coating Industrial Public Company L.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ฿546.96 Million ≈ $17.05 Million |
฿46.27 Million ≈ $1.44 Million |
0.085x | +50.57% |
| 2023-12-31 | ฿547.85 Million ≈ $17.08 Million |
฿30.78 Million ≈ $959.45K |
0.056x | +714.80% |
| 2022-12-31 | ฿545.55 Million ≈ $17.00 Million |
฿3.76 Million ≈ $117.26K |
0.007x | -72.85% |
| 2021-12-31 | ฿553.16 Million ≈ $17.24 Million |
฿14.05 Million ≈ $437.99K |
0.025x | -86.24% |
| 2020-12-31 | ฿557.25 Million ≈ $17.37 Million |
฿102.85 Million ≈ $3.21 Million |
0.185x | +348.31% |
| 2019-12-31 | ฿551.58 Million ≈ $17.19 Million |
฿22.71 Million ≈ $707.79K |
0.041x | -65.37% |
| 2018-12-31 | ฿542.48 Million ≈ $16.91 Million |
฿64.49 Million ≈ $2.01 Million |
0.119x | +42.57% |
| 2017-12-31 | ฿517.30 Million ≈ $16.12 Million |
฿43.14 Million ≈ $1.34 Million |
0.083x | -40.63% |
| 2016-12-31 | ฿513.68 Million ≈ $16.01 Million |
฿72.14 Million ≈ $2.25 Million |
0.140x | -35.19% |
| 2015-12-31 | ฿474.32 Million ≈ $14.78 Million |
฿102.78 Million ≈ $3.20 Million |
0.217x | +112.92% |
| 2014-12-31 | ฿449.67 Million ≈ $14.02 Million |
฿45.77 Million ≈ $1.43 Million |
0.102x | +59.21% |
| 2013-12-31 | ฿466.25 Million ≈ $14.53 Million |
฿29.81 Million ≈ $929.03K |
0.064x | -42.26% |
| 2012-12-31 | ฿448.64 Million ≈ $13.98 Million |
฿49.67 Million ≈ $1.55 Million |
0.111x | +2038.52% |
| 2011-12-31 | ฿434.81 Million ≈ $13.55 Million |
฿2.25 Million ≈ $70.16K |
0.005x | -89.56% |
| 2010-12-31 | ฿444.96 Million ≈ $13.87 Million |
฿22.07 Million ≈ $688.03K |
0.050x | -53.10% |
| 2009-12-31 | ฿436.11 Million ≈ $13.59 Million |
฿46.13 Million ≈ $1.44 Million |
0.106x | -10.14% |
| 2008-12-31 | ฿395.88 Million ≈ $12.34 Million |
฿46.60 Million ≈ $1.45 Million |
0.118x | -26.25% |
| 2007-12-31 | ฿386.91 Million ≈ $12.06 Million |
฿61.76 Million ≈ $1.92 Million |
0.160x | +21.10% |
| 2006-12-31 | ฿359.17 Million ≈ $11.19 Million |
฿47.34 Million ≈ $1.48 Million |
0.132x | -47.44% |
| 2005-12-31 | ฿347.15 Million ≈ $10.82 Million |
฿87.05 Million ≈ $2.71 Million |
0.251x | +510.80% |
| 2004-12-31 | ฿332.49 Million ≈ $10.36 Million |
฿13.65 Million ≈ $425.46K |
0.041x | -50.96% |
| 2003-12-31 | ฿293.05 Million ≈ $9.13 Million |
฿24.53 Million ≈ $764.67K |
0.084x | -65.68% |
| 2002-12-31 | ฿276.56 Million ≈ $8.62 Million |
฿67.46 Million ≈ $2.10 Million |
0.244x | +75.44% |
| 2001-12-31 | ฿258.22 Million ≈ $8.05 Million |
฿35.90 Million ≈ $1.12 Million |
0.139x | -31.56% |
| 2000-12-31 | ฿239.75 Million ≈ $7.47 Million |
฿48.70 Million ≈ $1.52 Million |
0.203x | -- |
About Thai Coating Industrial Public Company Limited
Thai Coating Industrial Public Company Limited, together with its subsidiaries, manufactures and sells plastic sack and beads in Thailand. The company was founded in 1978 and is headquartered in Si Maha Phot, Thailand.