Thai Oil Public Company Limited (LQZ) — Cash Flow Quality Index

Latest as of June 2026: -2.24x

Thai Oil Public Company Limited (LQZ) has a Cash Flow Quality Index of -2.24x as of June 2026. Operating cash flow of €-18.58 Billion is below net income of €8.28 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore Thai Oil Public Company Limited debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-2.24x
Operating CF / Net Income

Operating Cash Flow

€-18.58 Billion
EUR

Net Income

€8.28 Billion
EUR

Data as of

Jun 2026
Most recent filing

Thai Oil Public Company Limited Cash Flow Quality Index (2016–2025)

Historical Cash Flow Quality Index for Thai Oil Public Company Limited across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see LQZ cash flow conversion.

Annual Cash Flow Quality Index for Thai Oil Public Company Limited (2016–2025)

Year-by-year earnings quality comparison for Thai Oil Public Company Limited.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2025 3.35x €48.81 Billion €14.58 Billion ▼ -15.3%
2024 3.95x €39.35 Billion €9.96 Billion ▲ +89.9%
2023 2.08x €40.46 Billion €19.44 Billion ▲ +57.2%
2022 1.32x €43.25 Billion €32.67 Billion ▲ +58.5%
2021 0.84x €10.50 Billion €12.58 Billion ▼ -59.9%
2019 2.09x €13.09 Billion €6.28 Billion ▲ +15.6%
2018 1.80x €18.31 Billion €10.15 Billion ▲ +30.3%
2017 1.38x €34.42 Billion €24.86 Billion ▲ +26.8%
2016 1.09x €23.18 Billion €21.22 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.