M.C.S. Steel Public Company Limited (MCS) — Cash Flow Quality Index
M.C.S. Steel Public Company Limited (MCS) has a Cash Flow Quality Index of 0.97x as of September 2025. Operating cash flow of ฿228.00 Million is below net income of ฿235.89 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore MCS operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
M.C.S. Steel Public Company Limited Cash Flow Quality Index (2002–2024)
Historical Cash Flow Quality Index for M.C.S. Steel Public Company Limited across 23 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see M.C.S. Steel Public Company Limited (MCS) cash conversion ratio.
Annual Cash Flow Quality Index for M.C.S. Steel Public Company Limited (2002–2024)
Year-by-year earnings quality comparison for M.C.S. Steel Public Company Limited.
| Year | Quality Index | Operating CF (THB) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 0.10x | ฿65.84 Million | ฿690.48 Million | ▼ -91.4% |
| 2023 | 1.11x | ฿160.05 Million | ฿144.60 Million | ▲ +4298.8% |
| 2022 | -0.03x | ฿-3.55 Million | ฿134.56 Million | ▼ -104.0% |
| 2021 | 0.66x | ฿967.15 Million | ฿1.46 Billion | ▲ +31.0% |
| 2020 | 0.51x | ฿500.35 Million | ฿989.13 Million | ▼ -11.1% |
| 2019 | 0.57x | ฿366.60 Million | ฿643.93 Million | ▼ -68.9% |
| 2018 | 1.83x | ฿805.59 Million | ฿440.21 Million | ▲ +59.8% |
| 2017 | 1.14x | ฿673.61 Million | ฿588.34 Million | ▲ +22.3% |
| 2016 | 0.94x | ฿1.30 Billion | ฿1.39 Billion | ▼ -22.2% |
| 2015 | 1.20x | ฿791.53 Million | ฿658.08 Million | ▲ +185.7% |
| 2014 | -1.40x | ฿-122.57 Million | ฿87.34 Million | ▼ -188.5% |
| 2013 | 1.58x | ฿631.89 Million | ฿398.72 Million | ▲ +5802.8% |
| 2012 | 0.03x | ฿4.72 Million | ฿175.69 Million | ▼ -95.3% |
| 2011 | 0.57x | ฿270.05 Million | ฿476.31 Million | ▲ +853.5% |
| 2010 | 0.06x | ฿48.22 Million | ฿810.97 Million | ▼ -97.9% |
| 2009 | 2.79x | ฿1.61 Billion | ฿576.26 Million | ▲ +219.6% |
| 2008 | 0.87x | ฿308.86 Million | ฿353.52 Million | ▲ +361.6% |
| 2007 | 0.19x | ฿62.26 Million | ฿328.94 Million | ▼ -87.7% |
| 2006 | 1.54x | ฿529.30 Million | ฿342.63 Million | ▲ +100.4% |
| 2005 | 0.77x | ฿217.28 Million | ฿281.81 Million | ▼ -72.7% |
| 2004 | 2.82x | ฿367.04 Million | ฿130.17 Million | ▼ -55.2% |
| 2003 | 6.30x | ฿367.04 Million | ฿58.28 Million | ▼ -74.7% |
| 2002 | 24.88x | ฿289.11 Million | ฿11.62 Million | — |