Tipco Asphalt Public Company Limited (TPY1) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Tipco Asphalt Public Company Limited (TPY1) has a cash flow conversion efficiency ratio of 0.122x as of December 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 (€1.69 Billion ≈ $1.98 Billion USD) by net assets (€13.87 Billion ≈ $16.21 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 TPY1 equity financing ratio to measure how much of total assets are equity-financed.
Tipco Asphalt Public Company Limited - Cash Flow Conversion Efficiency Trend (2016–2025)
This chart illustrates how Tipco Asphalt Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check earnings quality score of Tipco Asphalt Public Company Limited 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 |
|---|---|
|
Gujarat Raffia Industries Limited
NSE:GUJRAFFIA
|
0.123x |
|
CR Capital AG
XETRA:CRZK
|
-0.005x |
|
Polyplex (Thailand) Public Company Limited
F:PKW
|
0.014x |
|
Mirriad Advertising PLC
LSE:MIRI
|
-1.322x |
|
Binh Dinh Minerals JSC
VN:BMC
|
N/A |
|
NURAN WIRELESS INC.
F:1RNA
|
N/A |
|
Adamas One Corp. Common Stock
NASDAQ:JEWL
|
0.097x |
|
Ming Le Sports AG
F:ML2
|
-0.018x |
Annual Cash Flow Conversion Efficiency for Tipco Asphalt Public Company Limited (2016–2025)
The table below shows the annual cash flow conversion efficiency of Tipco Asphalt Public Company Limited from 2016 to 2025. For the full company profile with market capitalisation and key ratios, see Tipco Asphalt Public Company Limited market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | €13.87 Billion ≈ $16.21 Billion |
€3.26 Billion ≈ $3.81 Billion |
0.235x | +334.31% |
| 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, manufactures and distributes 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; marine logistics; and construction services re… Read more