Thai Airways International Public Company Limited (THAI) — Cash Flow Quality Index
Thai Airways International Public Company Limited (THAI) has a Cash Flow Quality Index of 0.08x as of September 2025. Operating cash flow of ฿332.90 Million is below net income of ฿4.41 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore Thai Airways International Public Compan (THAI) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Thai Airways International Public Company Limited Cash Flow Quality Index (2000–2023)
Historical Cash Flow Quality Index for Thai Airways International Public Company Limited across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see THAI operating cash flow.
Annual Cash Flow Quality Index for Thai Airways International Public Company Limited (2000–2023)
Year-by-year earnings quality comparison for Thai Airways International Public Company Limited.
| Year | Quality Index | Operating CF (THB) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 1.56x | ฿43.90 Billion | ฿28.10 Billion | ▲ +974.7% |
| 2021 | -0.18x | ฿-9.85 Billion | ฿55.12 Billion | ▼ -100.0% |
| 2016 | 1622.14x | ฿24.56 Billion | ฿15.14 Million | ▲ +32324.3% |
| 2012 | 5.00x | ฿31.16 Billion | ฿6.23 Billion | ▲ +171.7% |
| 2010 | 1.84x | ฿28.27 Billion | ฿15.35 Billion | ▼ -52.6% |
| 2009 | 3.88x | ฿28.52 Billion | ฿7.34 Billion | ▼ -10.5% |
| 2007 | 4.34x | ฿27.52 Billion | ฿6.34 Billion | ▲ +71.1% |
| 2006 | 2.54x | ฿22.81 Billion | ฿8.99 Billion | ▼ -12.0% |
| 2005 | 2.88x | ฿19.54 Billion | ฿6.78 Billion | ▲ +14.8% |
| 2002 | 2.51x | ฿25.56 Billion | ฿10.18 Billion | ▼ -89.0% |
| 2001 | 22.82x | ฿6.66 Billion | ฿292.00 Million | ▲ +367.0% |
| 2000 | 4.89x | ฿23.04 Billion | ฿4.72 Billion | — |