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. See TTA-R days of operational coverage to measure how many days the company can operate on defensive assets alone.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Enel Generacion Costanera SA
BA:CECO2
|
0.025x |
|
Nova Minerals Ltd
AU:NVA
|
-0.028x |
|
Jasuindo Tiga Perkasa Tbk
JK:JTPE
|
-0.046x |
|
SOHO China Limited
F:45S
|
0.005x |
|
Automatic Bank Services Ltd
TA:SHVA
|
0.086x |
|
IAR Systems Group AB (publ)
ST:IAR-B
|
0.096x |
|
Namchow Chemical Industrial Co Ltd
TW:1702
|
0.030x |
|
Fourlis Holdings S.A.
AT:FOYRK
|
0.155x |
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. For the full company profile with market capitalisation and key ratios, see Thoresen Thai Agencies Public Company Li (TTA-R) total market value.
| 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