TQM CORPORATION (TQM-R) - Cash Flow Conversion Efficiency
Based on the latest financial reports, TQM CORPORATION (TQM-R) has a cash flow conversion efficiency ratio of 0.088x as of September 2024. 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 (฿289.59 Million ≈ $9.03 Million USD) by net assets (฿3.28 Billion ≈ $102.14 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 TQM CORPORATION balance sheet independence to measure how much of total assets are equity-financed.
TQM CORPORATION - Cash Flow Conversion Efficiency Trend (2015–2023)
This chart illustrates how TQM CORPORATION's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is TQM CORPORATION's earnings quality to evaluate the quality of earnings relative to operating cash generation.
TQM CORPORATION Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of TQM CORPORATION ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Anhui Huaqi Environmental Protection Technology Co. Ltd.
SHE:300929
|
N/A |
|
Bourse Direct SA
PA:BSD
|
0.144x |
|
QST International
TWO:8349
|
0.030x |
|
Ningbo Joy Intelligent Logistics Technology Co.Ltd.
SHE:301198
|
0.017x |
|
Zorlu Enerji Elektrik Uretim AS
IS:ZOREN
|
-0.009x |
|
Eledon Pharmaceuticals Inc
NASDAQ:ELDN
|
-0.103x |
|
Jiangsu Gaoke Petrochemical Co
SHE:002778
|
0.114x |
|
Richtech Robotics Inc. Class B Common Stock
NASDAQ:RR
|
-0.005x |
Annual Cash Flow Conversion Efficiency for TQM CORPORATION (2015–2023)
The table below shows the annual cash flow conversion efficiency of TQM CORPORATION from 2015 to 2023. For the full company profile with market capitalisation and key ratios, see TQM CORPORATION (TQM-R) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | ฿3.27 Billion ≈ $102.05 Million |
฿797.81 Million ≈ $24.87 Million |
0.244x | +83.99% |
| 2022-12-31 | ฿3.16 Billion ≈ $98.42 Million |
฿418.20 Million ≈ $13.03 Million |
0.132x | -54.58% |
| 2021-12-31 | ฿3.01 Billion ≈ $93.84 Million |
฿877.92 Million ≈ $27.36 Million |
0.292x | +0.85% |
| 2020-12-31 | ฿2.40 Billion ≈ $74.79 Million |
฿693.89 Million ≈ $21.63 Million |
0.289x | +37.67% |
| 2019-12-31 | ฿2.35 Billion ≈ $73.26 Million |
฿493.65 Million ≈ $15.39 Million |
0.210x | +82.81% |
| 2018-12-31 | ฿2.15 Billion ≈ $66.87 Million |
฿246.48 Million ≈ $7.68 Million |
0.115x | -80.59% |
| 2017-12-31 | ฿376.48 Million ≈ $11.73 Million |
฿222.80 Million ≈ $6.94 Million |
0.592x | -27.62% |
| 2016-12-31 | ฿335.71 Million ≈ $10.46 Million |
฿274.50 Million ≈ $8.56 Million |
0.818x | +44.07% |
| 2015-12-31 | ฿406.66 Million ≈ $12.68 Million |
฿230.81 Million ≈ $7.19 Million |
0.568x | -- |
About TQM CORPORATION
TQM Alpha Public Company Limited engages in the insurance brokerage business in Thailand. It offers individual and group life insurance products; non-life insurance products comprising motor and non-motor, health, and accident insurance; reinsurance products; and consulting services for insurance claims. The company also provides personal loans; IT and software services; procurement and consultin… Read more