Carabao Group Public Company Limited (CBG) — Cash Flow Quality Index

Latest as of September 2025: 0.81x

Carabao Group Public Company Limited (CBG) has a Cash Flow Quality Index of 0.81x as of September 2025. Operating cash flow of ฿498.73 Million is below net income of ฿616.15 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Carabao Group Public Company Limited service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.81x
Operating CF / Net Income

Operating Cash Flow

฿498.73 Million
THB

Net Income

฿616.15 Million
THB

Data as of

Sep 2025
Most recent filing

Carabao Group Public Company Limited Cash Flow Quality Index (2012–2024)

Historical Cash Flow Quality Index for Carabao Group Public Company Limited across 13 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Carabao Group Public Company Limited generate cash.

Annual Cash Flow Quality Index for Carabao Group Public Company Limited (2012–2024)

Year-by-year earnings quality comparison for Carabao Group Public Company Limited.

Year Quality Index Operating CF (THB) Net Income YoY Change
2024 1.31x ฿4.50 Billion ฿3.45 Billion ▼ -35.6%
2023 2.03x ฿3.90 Billion ฿1.92 Billion ▲ +155.5%
2022 0.79x ฿2.13 Billion ฿2.68 Billion ▲ +7.9%
2021 0.74x ฿2.47 Billion ฿3.36 Billion ▼ -14.5%
2020 0.86x ฿3.64 Billion ฿4.23 Billion ▼ -11.8%
2019 0.98x ฿2.96 Billion ฿3.03 Billion ▲ +0.4%
2018 0.97x ฿1.29 Billion ฿1.33 Billion ▲ +260.3%
2017 0.27x ฿285.99 Million ฿1.06 Billion ▼ -70.8%
2016 0.92x ฿1.55 Billion ฿1.68 Billion ▼ -16.5%
2015 1.11x ฿1.62 Billion ฿1.46 Billion ▲ +74.3%
2014 0.63x ฿793.22 Million ฿1.25 Billion ▼ -49.6%
2013 1.26x ฿989.90 Million ฿785.50 Million ▼ -32.1%
2012 1.86x ฿463.90 Million ฿249.80 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.