Thai Oil Public Company Limited Cash Flow Quality Index
Thai Oil Public Company Limited 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. See TOP free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Thai Oil Public Company Limited (2003–2025)
Cash flow quality index of Thai Oil Public Company Limited from 2003 to 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. Explore Thai Oil Public Company Limited cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Thai Oil Public Company Limited Cash Flow Quality Index by Year (2003–2025)
Thai Oil Public Company Limited cash flow quality index by year from 2003 to 2025. Year-by-year earnings quality comparison for Thai Oil Public Company Limited. For the full cash flow conversion analysis, see TOP operating cash flow.
| 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 | — |