Forth Smart Service Public Company Limited Cash Flow Quality Index
Forth Smart Service Public Company Limited cash flow quality index. Forth Smart Service Public Company Limited (FSMART) has a Cash Flow Quality Index of 0.91x as of December 2025. Operating cash flow of ฿126.96 Million is below net income of ฿138.82 Million, suggesting accrual-heavy earnings not yet converted to cash. See financial flexibility index of Forth Smart Service Public Company Limit to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Forth Smart Service Public Company Limited (2012–2025)
Cash flow quality index of Forth Smart Service Public Company Limited from 2012 to 2025. Historical Cash Flow Quality Index for Forth Smart Service Public Company Limited across 14 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore Forth Smart Service Public Company Limit debt service capacity to assess how comfortably operating cash covers total debt obligations.
Forth Smart Service Public Company Limited Cash Flow Quality Index by Year (2012–2025)
Forth Smart Service Public Company Limited cash flow quality index by year from 2012 to 2025. Year-by-year earnings quality comparison for Forth Smart Service Public Company Limited. For the full cash flow conversion analysis, see cash flow conversion of Forth Smart Service Public Company Limit.
| Year | Quality Index | Operating CF (THB) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.82x | ฿479.67 Million | ฿586.78 Million | ▲ +284.6% |
| 2024 | -0.44x | ฿-241.12 Million | ฿544.60 Million | ▼ -129.1% |
| 2023 | 1.52x | ฿550.56 Million | ฿362.19 Million | ▼ -6.2% |
| 2022 | 1.62x | ฿601.25 Million | ฿370.85 Million | ▼ -23.7% |
| 2021 | 2.13x | ฿1.03 Billion | ฿482.88 Million | ▲ +3.2% |
| 2020 | 2.06x | ฿1.06 Billion | ฿512.71 Million | ▲ +40.6% |
| 2019 | 1.46x | ฿968.07 Million | ฿660.86 Million | ▼ -9.6% |
| 2018 | 1.62x | ฿1.07 Billion | ฿658.03 Million | ▼ -10.9% |
| 2017 | 1.82x | ฿1.11 Billion | ฿607.53 Million | ▲ +12.9% |
| 2016 | 1.61x | ฿772.82 Million | ฿479.20 Million | ▼ -12.8% |
| 2015 | 1.85x | ฿628.94 Million | ฿340.26 Million | ▲ +16.7% |
| 2014 | 1.58x | ฿306.12 Million | ฿193.34 Million | ▼ -36.2% |
| 2013 | 2.48x | ฿296.67 Million | ฿119.53 Million | ▼ -83.7% |
| 2012 | 15.19x | ฿100.70 Million | ฿6.63 Million | — |