Tipco Asphalt Public Company Limited (NVP5) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Tipco Asphalt Public Company Limited (NVP5) has a cash flow conversion efficiency ratio of 0.092x 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 (€1.40 Billion ≈ $1.63 Billion USD) by net assets (€15.24 Billion ≈ $17.82 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is Tipco Asphalt Public Company Limited's balance sheet to measure how much of total assets are equity-financed.
Tipco Asphalt Public Company Limited - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Tipco Asphalt Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check NVP5 cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Tipco Asphalt Public Company Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Tipco Asphalt Public Company Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Xingtong Shipping Co. Ltd.
SHG:603209
|
N/A |
|
Beijing Beilu Pharmaceutical
SHE:300016
|
0.032x |
|
Energy Vault Holdings Inc
NYSE:NRGV
|
-1.000x |
|
Ducgiang Chemicals & Detergent Powder Joint Co
VN:DGC
|
-0.069x |
|
Yesway, Inc. Class A Common Stock
NASDAQ:YSWY
|
-47546.000x |
|
TTY Biopharm Co Ltd
TWO:4105
|
0.097x |
|
SNP Schneider-Neureither & Partner SE
XETRA:SHF
|
0.083x |
|
Sporton International
TWO:6146
|
0.057x |
Annual Cash Flow Conversion Efficiency for Tipco Asphalt Public Company Limited (2016–2024)
The table below shows the annual cash flow conversion efficiency of Tipco Asphalt Public Company Limited from 2016 to 2024. For the full company profile with market capitalisation and key ratios, see Tipco Asphalt Public Company Limited (NVP5) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | €16.09 Billion ≈ $18.81 Billion |
€870.26 Million ≈ $1.02 Billion |
0.054x | -78.40% |
| 2023-12-31 | €16.90 Billion ≈ $19.76 Billion |
€4.23 Billion ≈ $4.95 Billion |
0.250x | +44.96% |
| 2022-12-31 | €16.79 Billion ≈ $19.63 Billion |
€2.90 Billion ≈ $3.39 Billion |
0.173x | +269.79% |
| 2021-12-31 | €15.94 Billion ≈ $18.63 Billion |
€744.31 Million ≈ $870.18 Million |
0.047x | -87.37% |
| 2020-12-31 | €15.02 Billion ≈ $17.56 Billion |
€5.55 Billion ≈ $6.49 Billion |
0.370x | -22.49% |
| 2019-12-31 | €13.58 Billion ≈ $15.87 Billion |
€6.48 Billion ≈ $7.57 Billion |
0.477x | +328.17% |
| 2018-12-31 | €12.54 Billion ≈ $14.66 Billion |
€-2.62 Billion ≈ $-3.06 Billion |
-0.209x | -214.77% |
| 2017-12-31 | €12.93 Billion ≈ $15.12 Billion |
€2.35 Billion ≈ $2.75 Billion |
0.182x | -53.80% |
| 2016-12-31 | €12.27 Billion ≈ $14.34 Billion |
€4.84 Billion ≈ $5.65 Billion |
0.394x | -- |
About Tipco Asphalt Public Company Limited
Tipco Asphalt Public Company Limited, together with its subsidiaries, engages in the manufacture and distribution of asphalt and petroleum products in Thailand and internationally. It operates through Manufacturing and Trading; and Construction Business segments. The company engages in manufacturing and trading of asphalt, petroleum oil, and asphalt concrete products. It is also involved in the r… Read more