Saha Pathana Inter-Holding PCL (SPI) — Cash Flow Quality Index

Latest as of September 2025: -0.55x

Saha Pathana Inter-Holding PCL (SPI) has a Cash Flow Quality Index of -0.55x as of September 2025. Operating cash flow of ฿-186.67 Million is below net income of ฿342.20 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore SPI strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-0.55x
Operating CF / Net Income

Operating Cash Flow

฿-186.67 Million
THB

Net Income

฿342.20 Million
THB

Data as of

Sep 2025
Most recent filing

Saha Pathana Inter-Holding PCL Cash Flow Quality Index (2004–2024)

Historical Cash Flow Quality Index for Saha Pathana Inter-Holding PCL across 21 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check SPI tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Saha Pathana Inter-Holding PCL (2004–2024)

Year-by-year earnings quality comparison for Saha Pathana Inter-Holding PCL. For live market cap and the full company financial profile, see SPI company net worth.

Year Quality Index Operating CF (THB) Net Income YoY Change
2024 -0.18x ฿-590.51 Million ฿3.32 Billion ▼ -54.1%
2023 -0.12x ฿-357.66 Million ฿3.09 Billion ▼ -183.0%
2022 0.14x ฿487.01 Million ฿3.50 Billion ▲ +390.2%
2021 -0.05x ฿-163.63 Million ฿3.41 Billion ▼ -244.1%
2020 0.03x ฿75.83 Million ฿2.28 Billion ▼ -42.6%
2019 0.06x ฿131.26 Million ฿2.26 Billion ▼ -11.4%
2018 0.07x ฿171.68 Million ฿2.62 Billion ▼ -78.8%
2017 0.31x ฿1.07 Billion ฿3.49 Billion ▼ -50.6%
2016 0.62x ฿971.64 Million ฿1.56 Billion ▼ -9.8%
2015 0.69x ฿851.45 Million ฿1.23 Billion ▲ +8.6%
2014 0.64x ฿746.85 Million ฿1.17 Billion ▼ -1.7%
2013 0.65x ฿853.71 Million ฿1.32 Billion ▲ +14.2%
2012 0.57x ฿741.29 Million ฿1.31 Billion ▲ +29.9%
2011 0.44x ฿446.49 Million ฿1.02 Billion ▲ +61.6%
2010 0.27x ฿276.23 Million ฿1.02 Billion ▼ -54.3%
2009 0.59x ฿594.12 Million ฿1.00 Billion ▲ +33.7%
2008 0.44x ฿413.80 Million ฿934.34 Million ▼ -21.5%
2007 0.56x ฿333.96 Million ฿592.04 Million ▼ -9.4%
2006 0.62x ฿448.80 Million ฿720.73 Million ▲ +19.0%
2005 0.52x ฿440.17 Million ฿841.02 Million ▲ +12.2%
2004 0.47x ฿360.88 Million ฿773.58 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.