Tipco Asphalt Public Company Limited (TASCO-R) — Cash Flow Quality Index

Latest as of June 2025: 1.76x

Tipco Asphalt Public Company Limited (TASCO-R) has a Cash Flow Quality Index of 1.76x as of June 2025. Operating cash flow of ฿702.91 Million exceeds net income of ฿400.45 Million, indicating high earnings quality where cash backs reported profits. Explore how well can Tipco Asphalt Public Company Limited service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.76x
Operating CF / Net Income

Operating Cash Flow

฿702.91 Million
THB

Net Income

฿400.45 Million
THB

Data as of

Jun 2025
Most recent filing

Tipco Asphalt Public Company Limited Cash Flow Quality Index (2004–2024)

Historical Cash Flow Quality Index for Tipco Asphalt Public Company Limited across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see TASCO-R cash flow metrics.

Annual Cash Flow Quality Index for Tipco Asphalt Public Company Limited (2004–2024)

Year-by-year earnings quality comparison for Tipco Asphalt Public Company Limited.

Year Quality Index Operating CF (THB) Net Income YoY Change
2024 0.61x ฿870.26 Million ฿1.42 Billion ▼ -65.8%
2023 1.79x ฿4.14 Billion ฿2.31 Billion ▲ +93.0%
2022 0.93x ฿2.90 Billion ฿3.12 Billion ▲ +275.3%
2021 0.25x ฿744.31 Million ฿3.01 Billion ▼ -80.6%
2020 1.28x ฿5.55 Billion ฿4.35 Billion ▼ -26.3%
2019 1.73x ฿6.32 Billion ฿3.65 Billion ▲ +153.8%
2018 -3.22x ฿-2.62 Billion ฿814.76 Million ▼ -499.9%
2017 0.80x ฿2.35 Billion ฿2.93 Billion ▼ -37.1%
2016 1.28x ฿4.84 Billion ฿3.78 Billion ▼ -2.4%
2015 1.31x ฿8.36 Billion ฿6.38 Billion ▼ -74.2%
2014 5.07x ฿6.76 Billion ฿1.33 Billion ▲ +6484.1%
2013 -0.08x ฿-78.13 Million ฿983.31 Million ▲ +98.1%
2012 -4.16x ฿-3.35 Billion ฿805.44 Million ▼ -1225.7%
2011 -0.31x ฿-230.94 Million ฿735.57 Million ▼ -112.3%
2010 2.56x ฿2.58 Billion ฿1.01 Billion ▲ +165.7%
2009 -3.90x ฿-2.37 Billion ฿607.48 Million ▼ -345.6%
2007 1.59x ฿485.67 Million ฿306.16 Million ▲ +671.7%
2006 -0.28x ฿-95.29 Million ฿343.41 Million ▲ +69.7%
2005 -0.92x ฿-196.31 Million ฿214.03 Million ▼ -133.3%
2004 2.75x ฿83.00 Million ฿30.16 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.