Forth Smart Service Public Company Limited (FSMART) — Cash Flow Quality Index

Latest as of December 2025: 0.91x

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. Explore FSMART operating cash flow to assess how effectively this company generates cash.

Cash Flow Quality Index

0.91x
Operating CF / Net Income

Operating Cash Flow

฿126.96 Million
THB

Net Income

฿138.82 Million
THB

Data as of

Dec 2025
Most recent filing

Forth Smart Service Public Company Limited Cash Flow Quality Index (2012–2025)

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. Check FSMART cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Annual Cash Flow Quality Index for Forth Smart Service Public Company Limited (2012–2025)

Year-by-year earnings quality comparison for Forth Smart Service Public Company Limited. For live market cap and the full company financial profile, see market value 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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.