Thai Airways International Public Company Limited (THAI) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.005x

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. Also see how much is Thai Airways International Public Compan worth for the company's overall valuation and market capitalisation.

Thai Airways International Public Company Limited - Cash Flow Conversion Efficiency Trend (2000–2024)

This chart illustrates how Thai Airways International Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.

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. Explore THAI operating cash flow to net income to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Hess Midstream Partners LP NYSE:HESM	0.718x
Warehouses de Pauw Comm VA BR:WDP	0.015x
SFS Group AG SW:SFSN	0.099x
Floor & Decor Holdings Inc NYSE:FND	0.068x
Shanghai 2345 Network Holding Group SHE:002195	0.029x
IOI Properties Group Bhd KLSE:5249	0.011x
VF Corporation NYSE:VFC	0.012x
Vista Oil Gas ADR NYSE:VIST	0.280x

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. View THAI stock price and chart for real-time trading data and today's change.

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

$5.12 Billion

฿164.16 Billion THB

Market Cap Rank

#3526 Global

#22 in Thailand

Share Price

฿5.80

Change (1 day)

-0.85%

52-Week Range

฿5.45 - ฿14.90

All Time High

฿15.00