Noble Development Public Company Limited (NOBLE) — Cash Flow Quality Index
Noble Development Public Company Limited (NOBLE) has a Cash Flow Quality Index of 6.20x as of March 2026. Operating cash flow of ฿303.59 Million exceeds net income of ฿48.93 Million, indicating high earnings quality where cash backs reported profits. Explore NOBLE 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
Noble Development Public Company Limited Cash Flow Quality Index (2002–2025)
Historical Cash Flow Quality Index for Noble Development Public Company Limited across 23 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Noble Development Public Company Limited cash conversion from operations.
Annual Cash Flow Quality Index for Noble Development Public Company Limited (2002–2025)
Year-by-year earnings quality comparison for Noble Development Public Company Limited.
| Year | Quality Index | Operating CF (THB) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.95x | ฿1.75 Billion | ฿593.14 Million | ▼ -6.7% |
| 2024 | 3.17x | ฿2.16 Billion | ฿683.62 Million | ▲ +268.8% |
| 2023 | -1.88x | ฿-1.71 Billion | ฿910.43 Million | ▼ -30.1% |
| 2022 | -1.44x | ฿-861.69 Million | ฿597.44 Million | ▼ -61.9% |
| 2021 | -0.89x | ฿-1.05 Billion | ฿1.18 Billion | ▼ -152.2% |
| 2020 | 1.71x | ฿4.07 Billion | ฿2.39 Billion | ▼ -17.5% |
| 2019 | 2.07x | ฿7.92 Billion | ฿3.83 Billion | ▲ +589.9% |
| 2018 | 0.30x | ฿370.43 Million | ฿1.23 Billion | ▼ -53.2% |
| 2017 | 0.64x | ฿1.64 Billion | ฿2.55 Billion | ▲ +453.5% |
| 2016 | -0.18x | ฿-154.74 Million | ฿852.35 Million | ▲ +98.3% |
| 2014 | -10.96x | ฿-2.22 Billion | ฿202.88 Million | ▼ -154.6% |
| 2013 | -4.31x | ฿-1.39 Billion | ฿323.05 Million | ▼ -767.8% |
| 2012 | 0.64x | ฿209.29 Million | ฿324.64 Million | ▲ +137.9% |
| 2011 | -1.70x | ฿-587.91 Million | ฿345.65 Million | ▼ -50.2% |
| 2010 | -1.13x | ฿-1.13 Billion | ฿998.27 Million | ▼ -717.4% |
| 2009 | -0.14x | ฿-76.88 Million | ฿555.05 Million | ▲ +67.5% |
| 2008 | -0.43x | ฿-217.55 Million | ฿511.15 Million | ▲ +91.1% |
| 2007 | -4.78x | ฿-1.18 Billion | ฿246.16 Million | ▼ -193.2% |
| 2006 | 5.14x | ฿1.55 Billion | ฿301.81 Million | ▲ +473.4% |
| 2005 | 0.90x | ฿408.81 Million | ฿456.43 Million | ▲ +136.9% |
| 2004 | -2.43x | ฿-812.47 Million | ฿334.61 Million | ▼ -276.9% |
| 2003 | -0.64x | ฿-481.35 Million | ฿747.19 Million | ▲ +58.1% |
| 2002 | -1.54x | ฿-407.40 Million | ฿265.18 Million | — |