Thai Vegetable Oil Public Company Limited (TVO) — Cash Flow Quality Index
Thai Vegetable Oil Public Company Limited (TVO) has a Cash Flow Quality Index of -1.13x as of September 2025. Operating cash flow of ฿-549.73 Million is below net income of ฿485.92 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Thai Vegetable Oil Public Company Limite debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Thai Vegetable Oil Public Company Limited Cash Flow Quality Index (2001–2024)
Historical Cash Flow Quality Index for Thai Vegetable Oil Public Company Limited across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see TVO cash generation efficiency.
Annual Cash Flow Quality Index for Thai Vegetable Oil Public Company Limited (2001–2024)
Year-by-year earnings quality comparison for Thai Vegetable Oil Public Company Limited.
| Year | Quality Index | Operating CF (THB) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 2.34x | ฿4.92 Billion | ฿2.10 Billion | ▲ +32.6% |
| 2023 | 1.76x | ฿1.29 Billion | ฿729.56 Million | ▲ +48.6% |
| 2022 | 1.19x | ฿2.41 Billion | ฿2.03 Billion | ▲ +282.5% |
| 2021 | 0.31x | ฿814.27 Million | ฿2.63 Billion | ▼ -71.7% |
| 2020 | 1.10x | ฿2.34 Billion | ฿2.14 Billion | ▲ +50.1% |
| 2019 | 0.73x | ฿1.32 Billion | ฿1.81 Billion | ▼ -53.9% |
| 2018 | 1.59x | ฿3.65 Billion | ฿2.30 Billion | ▲ +369.8% |
| 2017 | 0.34x | ฿533.10 Million | ฿1.58 Billion | ▼ -51.1% |
| 2016 | 0.69x | ฿2.27 Billion | ฿3.28 Billion | ▼ -66.8% |
| 2015 | 2.08x | ฿4.69 Billion | ฿2.26 Billion | ▲ +63.9% |
| 2014 | 1.27x | ฿2.46 Billion | ฿1.94 Billion | ▼ -37.2% |
| 2013 | 2.02x | ฿2.26 Billion | ฿1.12 Billion | ▲ +960.4% |
| 2012 | -0.23x | ฿-500.03 Million | ฿2.13 Billion | ▼ -141.5% |
| 2011 | 0.57x | ฿410.51 Million | ฿725.30 Million | ▲ +1.0% |
| 2010 | 0.56x | ฿854.80 Million | ฿1.52 Billion | ▼ -57.6% |
| 2009 | 1.32x | ฿2.15 Billion | ฿1.62 Billion | ▲ +46.5% |
| 2008 | 0.90x | ฿671.12 Million | ฿744.27 Million | ▲ +9.7% |
| 2007 | 0.82x | ฿1.03 Billion | ฿1.26 Billion | ▼ -63.3% |
| 2006 | 2.24x | ฿1.06 Billion | ฿471.36 Million | ▲ +3806.0% |
| 2005 | -0.06x | ฿-30.67 Million | ฿506.89 Million | ▼ -101.3% |
| 2004 | 4.59x | ฿1.80 Billion | ฿393.16 Million | ▲ +638.0% |
| 2003 | -0.85x | ฿-547.09 Million | ฿641.64 Million | ▼ -194.1% |
| 2002 | -0.29x | ฿-125.26 Million | ฿432.07 Million | ▼ -117.8% |
| 2001 | 1.63x | ฿578.46 Million | ฿355.39 Million | — |