TOA Paint (Thailand) Public Company Limited (TOA) - Cash Flow Conversion Efficiency
Based on the latest financial reports, TOA Paint (Thailand) Public Company Limited (TOA) has a cash flow conversion efficiency ratio of 0.054x 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 (฿780.83 Million ≈ $24.34 Million USD) by net assets (฿14.40 Billion ≈ $448.70 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 TOA equity to assets ratio to measure how much of total assets are equity-financed.
TOA Paint (Thailand) Public Company Limited - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how TOA Paint (Thailand) Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check TOA Paint (Thailand) Public Company Limi (TOA) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
TOA Paint (Thailand) Public Company Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of TOA Paint (Thailand) Public Company Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Guoguang Electric Co Ltd Chengdu
SHG:688776
|
-0.019x |
|
SolGold Plc
F:S8F
|
0.128x |
|
Teekay Corporation
NYSE:TK
|
0.140x |
|
Shanghai AJ Group Co Ltd
SHG:600643
|
-0.002x |
|
Sipef NV
BR:SIP
|
0.138x |
|
Aeva Technologies, Inc. Common Stock
NYSE:AEVA
|
-0.447x |
|
Aebi Schmidt Holding AG - Common Stock
NASDAQ:AEBI
|
-0.022x |
|
Qingdao Port International Co. Ltd
F:0QP
|
0.037x |
Annual Cash Flow Conversion Efficiency for TOA Paint (Thailand) Public Company Limited (2014–2024)
The table below shows the annual cash flow conversion efficiency of TOA Paint (Thailand) Public Company Limited from 2014 to 2024. For the full company profile with market capitalisation and key ratios, see TOA Paint (Thailand) Public Company Limi market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ฿14.37 Billion ≈ $447.91 Million |
฿2.85 Billion ≈ $88.94 Million |
0.199x | -22.91% |
| 2023-12-31 | ฿14.82 Billion ≈ $461.87 Million |
฿3.82 Billion ≈ $118.98 Million |
0.258x | +153.58% |
| 2022-12-31 | ฿13.48 Billion ≈ $420.28 Million |
฿1.37 Billion ≈ $42.69 Million |
0.102x | -50.00% |
| 2021-12-31 | ฿12.45 Billion ≈ $388.09 Million |
฿2.53 Billion ≈ $78.85 Million |
0.203x | +17.66% |
| 2020-12-31 | ฿11.41 Billion ≈ $355.50 Million |
฿1.97 Billion ≈ $61.39 Million |
0.173x | -24.58% |
| 2019-12-31 | ฿10.61 Billion ≈ $330.81 Million |
฿2.43 Billion ≈ $75.74 Million |
0.229x | +7.30% |
| 2018-12-31 | ฿9.36 Billion ≈ $291.87 Million |
฿2.00 Billion ≈ $62.27 Million |
0.213x | -0.48% |
| 2017-12-31 | ฿8.41 Billion ≈ $262.23 Million |
฿1.80 Billion ≈ $56.22 Million |
0.214x | -93.99% |
| 2016-12-31 | ฿778.02 Million ≈ $24.25 Million |
฿2.77 Billion ≈ $86.49 Million |
3.566x | +541.17% |
| 2015-12-31 | ฿5.57 Billion ≈ $173.76 Million |
฿3.10 Billion ≈ $96.65 Million |
0.556x | +22.43% |
| 2014-12-31 | ฿3.73 Billion ≈ $116.23 Million |
฿1.69 Billion ≈ $52.81 Million |
0.454x | -- |
About TOA Paint (Thailand) Public Company Limited
TOA Paint (Thailand) Public Company Limited, together with its subsidiaries, manufactures and distributes paints and chemicals in Thailand, Vietnam, Laos, Myanmar, Cambodia, Indonesia, and Malaysia. The company provides construction chemicals, special paints, gypsum, hardware and power tools, and tile, as well as decorative, metal, heavy duty, and wood coatings. It also manufactures and distribut… Read more