Thoresen Thai Agencies Public Company Limited (TTA-R) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Thoresen Thai Agencies Public Company Limited (TTA-R) has a cash flow conversion efficiency ratio of 0.014x as of June 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 (฿432.98 Million ≈ $13.50 Million USD) by net assets (฿31.23 Billion ≈ $973.43 Million 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 market cap of Thoresen Thai Agencies Public Company Li for the company's overall valuation and market capitalisation.
Thoresen Thai Agencies Public Company Limited - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Thoresen Thai Agencies Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Thoresen Thai Agencies Public Company Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Thoresen Thai Agencies Public Company Limited ranked by their cash flow conversion efficiency. Explore Thoresen Thai Agencies Public Company Li cash flow quality index to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Poya International Co Ltd
TWO:5904
|
0.197x |
|
Kardan Real Estate Enterprise and Development Ltd
TA:KARE
|
-0.014x |
|
North-Star International Co Ltd
TWO:8927
|
0.169x |
|
Bank Amar Indonesia
JK:AMAR
|
0.022x |
|
Shanghai Chlor-Alkali Chemical Co Ltd B
SHG:900908
|
0.014x |
|
IAR Systems Group AB (publ)
ST:IAR-B
|
0.096x |
|
BT Group Plc
LSE:BT-A
|
0.297x |
|
Huuuge Inc.
WAR:HUG
|
0.129x |
Annual Cash Flow Conversion Efficiency for Thoresen Thai Agencies Public Company Limited (2016–2024)
The table below shows the annual cash flow conversion efficiency of Thoresen Thai Agencies Public Company Limited from 2016 to 2024. View TTA-R live share price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | ฿31.92 Billion ≈ $995.03 Million |
฿2.53 Billion ≈ $78.77 Million |
0.079x | -26.42% |
| 2023-12-31 | ฿28.29 Billion ≈ $881.77 Million |
฿3.04 Billion ≈ $94.87 Million |
0.108x | -52.89% |
| 2022-12-31 | ฿27.73 Billion ≈ $864.20 Million |
฿6.33 Billion ≈ $197.36 Million |
0.228x | +8.81% |
| 2021-12-31 | ฿24.40 Billion ≈ $760.54 Million |
฿5.12 Billion ≈ $159.63 Million |
0.210x | +246.50% |
| 2020-12-31 | ฿19.19 Billion ≈ $598.18 Million |
฿1.16 Billion ≈ $36.24 Million |
0.061x | -7.35% |
| 2019-12-31 | ฿22.60 Billion ≈ $704.38 Million |
฿1.48 Billion ≈ $46.06 Million |
0.065x | -1.31% |
| 2018-12-31 | ฿24.59 Billion ≈ $766.36 Million |
฿1.63 Billion ≈ $50.77 Million |
0.066x | +12.11% |
| 2017-12-31 | ฿25.05 Billion ≈ $780.91 Million |
฿1.48 Billion ≈ $46.15 Million |
0.059x | -33.97% |
| 2016-12-31 | ฿26.49 Billion ≈ $825.81 Million |
฿2.37 Billion ≈ $73.91 Million |
0.090x | -- |
About Thoresen Thai Agencies Public Company Limited
Thoresen Thai Agencies Public Company Limited, together with its subsidiaries, operates as a shipping company in Asia, Africa, the United States, Europe, and Oceania. The company operates through five segments: Shipping, Offshore Service, Agrochemical, Food and Beverage, and Investment. It owns dry bulk vessels and provides shipping services, such as hauling a range of dry and break-bulk commodit… Read more