Thai Oil Public Company Limited (TOP) — Cash Flow Quality Index
Thai Oil Public Company Limited (TOP) has a Cash Flow Quality Index of 10.62x as of December 2025. Operating cash flow of ฿26.09 Billion exceeds net income of ฿2.46 Billion, indicating high earnings quality where cash backs reported profits. Explore TOP cash flow conversion to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Thai Oil Public Company Limited Cash Flow Quality Index (2003–2025)
Historical Cash Flow Quality Index for Thai Oil Public Company Limited across 21 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Thai Oil Public Company Limited cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Thai Oil Public Company Limited (2003–2025)
Year-by-year earnings quality comparison for Thai Oil Public Company Limited. For live market cap and the full company financial profile, see Thai Oil Public Company Limited (TOP) market capitalisation.
| Year | Quality Index | Operating CF (THB) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 3.35x | ฿48.81 Billion | ฿14.58 Billion | ▲ +4.3% |
| 2024 | 3.21x | ฿39.35 Billion | ฿12.26 Billion | ▲ +122.1% |
| 2023 | 1.44x | ฿28.09 Billion | ฿19.44 Billion | ▲ +40.4% |
| 2022 | 1.03x | ฿43.25 Billion | ฿42.02 Billion | ▲ +28.0% |
| 2021 | 0.80x | ฿10.50 Billion | ฿13.07 Billion | ▼ -60.0% |
| 2019 | 2.01x | ฿13.09 Billion | ฿6.52 Billion | ▲ +13.9% |
| 2018 | 1.76x | ฿18.31 Billion | ฿10.38 Billion | ▲ +29.7% |
| 2017 | 1.36x | ฿34.42 Billion | ฿25.32 Billion | ▲ +26.6% |
| 2016 | 1.07x | ฿23.18 Billion | ฿21.59 Billion | ▼ -57.7% |
| 2015 | 2.54x | ฿31.71 Billion | ฿12.50 Billion | ▲ +70.6% |
| 2013 | 1.49x | ฿16.13 Billion | ฿10.85 Billion | ▼ -18.4% |
| 2012 | 1.82x | ฿23.05 Billion | ฿12.66 Billion | ▲ +57.3% |
| 2011 | 1.16x | ฿17.60 Billion | ฿15.21 Billion | ▼ -21.2% |
| 2010 | 1.47x | ฿13.54 Billion | ฿9.21 Billion | ▲ +19.4% |
| 2009 | 1.23x | ฿15.34 Billion | ฿12.45 Billion | ▼ -91.8% |
| 2008 | 15.09x | ฿8.44 Billion | ฿559.35 Million | ▲ +1174.7% |
| 2007 | 1.18x | ฿22.70 Billion | ฿19.18 Billion | ▲ +9.7% |
| 2006 | 1.08x | ฿17.91 Billion | ฿16.60 Billion | ▼ -0.8% |
| 2005 | 1.09x | ฿20.40 Billion | ฿18.75 Billion | ▲ +16.7% |
| 2004 | 0.93x | ฿14.06 Billion | ฿15.07 Billion | ▼ -50.9% |
| 2003 | 1.90x | ฿12.82 Billion | ฿6.75 Billion | — |