Forth Smart Service Public Company Limited (FSMART) — 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. Explore long-term investment intensity of Forth Smart Service Public Company Limit to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
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 Forth Smart Service Public Company Limit (FSMART) total market value.
| 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 | — |