Thoresen Thai Agencies Public Company Limited (TTA) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.003x

Based on the latest financial reports, Thoresen Thai Agencies Public Company Limited (TTA) has a cash flow conversion efficiency ratio of -0.003x 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 (฿-101.03 Million ≈ $-3.15 Million USD) by net assets (฿31.68 Billion ≈ $987.38 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 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 (2000–2024)

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
Middlefield Banc NASDAQ:MBCN	0.022x
Tudor Gold Corp V:TUD	-0.003x
Arbonia AG SW:ARBN	0.049x
Microbio Co Ltd TWO:4128	-0.010x
Talon Metals Corp F:TAO	0.000x
Polyplex (Thailand) Public Company Limited BK:PTL	0.032x
Hung Sheng Construction Ltd TW:2534	-0.013x
China Steel Structure Co Ltd TW:2013	0.198x

Annual Cash Flow Conversion Efficiency for Thoresen Thai Agencies Public Company Limited (2000–2024)

The table below shows the annual cash flow conversion efficiency of Thoresen Thai Agencies Public Company Limited from 2000 to 2024. For the full company profile with market capitalisation and key ratios, see TTA company net worth.

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	-26.35%
2023-12-31	฿28.29 Billion ≈ $881.77 Million	฿3.04 Billion ≈ $94.78 Million	0.107x	-52.93%
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	-6.73%
2019-12-31	฿22.60 Billion ≈ $704.38 Million	฿1.47 Billion ≈ $45.75 Million	0.065x	-1.97%
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	-17.33%
2016-12-31	฿26.49 Billion ≈ $825.81 Million	฿1.89 Billion ≈ $59.03 Million	0.071x	+203.60%
2015-12-31	฿26.99 Billion ≈ $841.20 Million	฿635.46 Million ≈ $19.81 Million	0.024x	-70.39%
2014-12-31	฿32.47 Billion ≈ $1.01 Billion	฿2.58 Billion ≈ $80.50 Million	0.080x	-2.69%
2014-09-30	฿31.60 Billion ≈ $984.93 Million	฿2.58 Billion ≈ $80.50 Million	0.082x	+80.92%
2013-12-31	฿25.30 Billion ≈ $788.60 Million	฿1.14 Billion ≈ $35.63 Million	0.045x	-41.38%
2012-12-31	฿25.61 Billion ≈ $798.26 Million	฿1.97 Billion ≈ $61.51 Million	0.077x	+1543.02%
2011-12-31	฿30.91 Billion ≈ $963.56 Million	฿144.99 Million ≈ $4.52 Million	0.005x	-90.46%
2010-12-31	฿31.53 Billion ≈ $982.83 Million	฿1.55 Billion ≈ $48.32 Million	0.049x	-69.43%
2009-12-31	฿31.09 Billion ≈ $969.09 Million	฿5.00 Billion ≈ $155.87 Million	0.161x	-58.56%
2008-12-31	฿29.22 Billion ≈ $910.61 Million	฿11.34 Billion ≈ $353.46 Million	0.388x	-9.02%
2007-12-31	฿16.05 Billion ≈ $500.34 Million	฿6.85 Billion ≈ $213.47 Million	0.427x	+21.94%
2006-12-31	฿12.02 Billion ≈ $374.75 Million	฿4.21 Billion ≈ $131.11 Million	0.350x	-54.44%
2005-12-31	฿9.14 Billion ≈ $285.01 Million	฿7.02 Billion ≈ $218.89 Million	0.768x	-1.04%
2004-12-31	฿6.70 Billion ≈ $208.68 Million	฿5.20 Billion ≈ $161.95 Million	0.776x	+41.14%
2003-12-31	฿1.69 Billion ≈ $52.71 Million	฿929.88 Million ≈ $28.98 Million	0.550x	+171.39%
2002-12-31	฿3.33 Billion ≈ $103.87 Million	฿675.16 Million ≈ $21.04 Million	0.203x	-91.59%
2001-12-31	฿271.92 Million ≈ $8.48 Million	฿655.38 Million ≈ $20.43 Million	2.410x	+153.73%
2000-12-31	฿-69.09 Million ≈ $-2.15 Million	฿309.96 Million ≈ $9.66 Million	-4.486x	--

About Thoresen Thai Agencies Public Company Limited

BK:TTA Thailand Conglomerates

Market Cap

$272.28 Million

฿8.74 Billion THB

Market Cap Rank

#15415 Global

#178 in Thailand

Share Price

฿4.82

Change (1 day)

+0.42%

52-Week Range

฿3.80 - ฿5.35

All Time High

฿17.49