Thai Airways International Public Company Limited Cash Flow Conversion Efficiency

Latest as of September 2025: 0.005x

Thai Airways International Public Company Limited cash flow conversion efficiency. Based on the latest financial reports, Thai Airways International Public Company Limited (THAI) has a cash flow conversion efficiency ratio of 0.005x 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 (฿332.90 Million ≈ $10.38 Million USD) by net assets (฿71.98 Billion ≈ $2.24 Billion 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 Thai Airways International Public Company Limited (2000–2024)

Cash flow conversion efficiency of Thai Airways International Public Company Limited from 2000 to 2024. This chart illustrates how Thai Airways International Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Thai Airways International Public Compan (THAI) share price today for real-time trading data and today's change.

Thai Airways International Public Company Limited Cash Flow Conversion Ratio Explained

Thai Airways International 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.

Thai Airways International Public Company Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Thai Airways International Public Company Limited ranked by their cash flow conversion efficiency. Also see market value of Thai Airways International Public Compan for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Loncin Motor Co Ltd SHG:603766	0.084x
Energy Fuels Inc NYSE MKT:UUUU	0.011x
PTT GLBL CHEM.-NVDR- BA10 F:GCB1	-0.057x
Piper Sandler Companies NYSE:PIPR	0.038x
Akero Therapeutics Inc NASDAQ:AKRO	-0.070x
Grupo Elektra S.A.B. de C.V MX:ELEKTRA	0.144x
Hangzhou Great Star Industrial Co Ltd SHE:002444	0.030x
Liberty Broadband Srs C NASDAQ:LBRDK	-0.012x

Annual Cash Flow Conversion Efficiency for Thai Airways International Public Company Limited (2000–2024)

The table below shows the annual cash flow conversion efficiency of Thai Airways International Public Company Limited from 2000 to 2024. Review how much free cash does Thai Airways International Public Compan generate 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	฿45.59 Billion ≈ $1.42 Billion	฿55.23 Billion ≈ $1.72 Billion	1.212x	+219.05%
2023-12-31	฿-43.14 Billion ≈ $-1.34 Billion	฿43.90 Billion ≈ $1.37 Billion	-1.018x	-148.32%
2022-12-31	฿-71.02 Billion ≈ $-2.21 Billion	฿29.11 Billion ≈ $907.25 Million	-0.410x	-396.53%
2021-12-31	฿-71.25 Billion ≈ $-2.22 Billion	฿-9.85 Billion ≈ $-306.93 Million	0.138x	+81.18%
2020-12-31	฿-128.66 Billion ≈ $-4.01 Billion	฿-9.81 Billion ≈ $-305.91 Million	0.076x	-93.39%
2019-12-31	฿11.77 Billion ≈ $366.73 Million	฿13.57 Billion ≈ $423.07 Million	1.154x	+35.63%
2018-12-31	฿20.46 Billion ≈ $637.61 Million	฿17.40 Billion ≈ $542.33 Million	0.851x	+14.93%
2017-12-31	฿32.01 Billion ≈ $997.81 Million	฿23.69 Billion ≈ $738.46 Million	0.740x	+1.22%
2016-12-31	฿33.59 Billion ≈ $1.05 Billion	฿24.56 Billion ≈ $765.47 Million	0.731x	+29.66%
2015-12-31	฿32.93 Billion ≈ $1.03 Billion	฿18.57 Billion ≈ $578.71 Million	0.564x	+286.91%
2014-12-31	฿41.30 Billion ≈ $1.29 Billion	฿6.02 Billion ≈ $187.59 Million	0.146x	-67.76%
2013-12-31	฿56.92 Billion ≈ $1.77 Billion	฿25.73 Billion ≈ $802.11 Million	0.452x	+1.29%
2012-12-31	฿69.82 Billion ≈ $2.18 Billion	฿31.16 Billion ≈ $971.31 Million	0.446x	+208.87%
2011-12-31	฿63.44 Billion ≈ $1.98 Billion	฿9.17 Billion ≈ $285.72 Million	0.145x	-57.62%
2010-12-31	฿82.91 Billion ≈ $2.58 Billion	฿28.27 Billion ≈ $881.08 Million	0.341x	-36.36%
2009-12-31	฿53.24 Billion ≈ $1.66 Billion	฿28.52 Billion ≈ $889.04 Million	0.536x	+116.15%
2008-12-31	฿45.88 Billion ≈ $1.43 Billion	฿11.37 Billion ≈ $354.43 Million	0.248x	-37.67%
2007-12-31	฿69.23 Billion ≈ $2.16 Billion	฿27.52 Billion ≈ $857.91 Million	0.398x	+14.51%
2006-12-31	฿65.68 Billion ≈ $2.05 Billion	฿22.81 Billion ≈ $710.82 Million	0.347x	+5.21%
2005-12-31	฿59.21 Billion ≈ $1.85 Billion	฿19.54 Billion ≈ $609.06 Million	0.330x	-34.97%
2004-12-31	฿54.32 Billion ≈ $1.69 Billion	฿27.57 Billion ≈ $859.27 Million	0.507x	-14.87%
2003-12-31	฿39.05 Billion ≈ $1.22 Billion	฿23.28 Billion ≈ $725.62 Million	0.596x	-33.89%
2002-12-31	฿28.35 Billion ≈ $883.77 Million	฿25.56 Billion ≈ $796.81 Million	0.902x	+70.93%
2001-12-31	฿12.63 Billion ≈ $393.67 Million	฿6.66 Billion ≈ $207.65 Million	0.527x	-78.02%
2000-12-31	฿9.60 Billion ≈ $299.29 Million	฿23.04 Billion ≈ $718.07 Million	2.399x	--

About Thai Airways International Public Company Limited

BK:THAI Thailand Airlines

Market Cap

$4.50 Billion

฿144.35 Billion THB

Market Cap Rank

#3691 Global

#24 in Thailand

Share Price

฿5.10

Change (1 day)

-0.97%

52-Week Range

฿5.10 - ฿9.55

All Time High

฿15.00