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 net asset quality score to measure how much of total assets are equity-financed.
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. Check how high is Thoresen Thai Agencies Public Company Li's earnings quality to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Cotec Construction JSC
VN:CTD
|
-0.185x |
|
Launch One Acquisition Corp. Unit
NASDAQ:LPAAU
|
0.000x |
|
Fossil Group Inc
NASDAQ:FOSL
|
-0.262x |
|
Honest Company Inc
NASDAQ:HNST
|
-0.003x |
|
IAR Systems Group AB (publ)
ST:IAR-B
|
0.096x |
|
Infinity Natural Resources, Inc.
NYSE:INR
|
0.058x |
|
Al Aqar Healthcare Reit
KLSE:5116
|
0.102x |
|
Pix Transmissions Limited
NSE:PIXTRANS
|
0.128x |
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 TTA-R stock market capitalisation.
| 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