Thai Airways International Public Company Limited (THAI) — Cash Flow Reinvestment Rate

Latest as of September 2025: 25.04x

Thai Airways International Public Company Limited (THAI) has a Cash Flow Reinvestment Rate of 25.04x as of September 2025, reinvesting ฿8.34 Billion (capex ฿1.48 Billion plus investments ฿6.85 Billion) from operating cash flow of ฿332.90 Million. See THAI free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

25.04x
(Capex + Investments) / Operating CF

Total Reinvested

฿8.34 Billion
Capex + Investments

Operating Cash Flow

฿332.90 Million
THB

Capital Expenditures

฿1.48 Billion
THB

Thai Airways International Public Company Limited Cash Flow Reinvestment Rate (2000–2024)

Historical reinvestment intensity for Thai Airways International Public Company Limited across 23 annual periods. For the full cash flow conversion analysis, see THAI cash generation efficiency.

Annual Cash Flow Reinvestment Rate for Thai Airways International Public Company Limited (2000–2024)

Year-by-year capital reinvestment analysis for Thai Airways International Public Company Limited. See THAI financial flexibility score to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (THB) Operating CF Capex YoY Change
2024 0.40x ฿22.11 Billion ฿55.23 Billion ฿4.56 Billion ▼ -9.2%
2023 0.44x ฿19.36 Billion ฿43.90 Billion ฿5.17 Billion ▲ +4189.2%
2022 0.01x ฿299.24 Million ฿29.11 Billion ฿234.61 Million ▼ -95.8%
2019 0.25x ฿3.34 Billion ฿13.57 Billion ฿3.34 Billion ▼ -12.6%
2018 0.28x ฿4.90 Billion ฿17.40 Billion ฿3.82 Billion ▲ +67.2%
2017 0.17x ฿3.99 Billion ฿23.69 Billion ฿3.59 Billion ▼ -56.5%
2016 0.39x ฿9.52 Billion ฿24.56 Billion ฿5.70 Billion ▲ +86.0%
2015 0.21x ฿3.87 Billion ฿18.57 Billion ฿3.82 Billion ▼ -84.3%
2014 1.33x ฿8.01 Billion ฿6.02 Billion ฿7.98 Billion ▲ +17.9%
2013 1.13x ฿29.05 Billion ฿25.73 Billion ฿28.80 Billion ▲ +91.3%
2012 0.59x ฿18.39 Billion ฿31.16 Billion ฿18.39 Billion ▼ -56.2%
2011 1.35x ฿12.34 Billion ฿9.17 Billion ฿12.34 Billion ▲ +297.1%
2010 0.34x ฿9.58 Billion ฿28.27 Billion ฿9.58 Billion ▼ -41.2%
2009 0.58x ฿16.43 Billion ฿28.52 Billion ฿16.43 Billion ▼ -69.4%
2008 1.88x ฿21.40 Billion ฿11.37 Billion ฿21.40 Billion ▲ +133.2%
2007 0.81x ฿22.22 Billion ฿27.52 Billion ฿22.22 Billion ▼ -9.0%
2006 0.89x ฿20.23 Billion ฿22.81 Billion ฿20.23 Billion ▼ -62.4%
2005 2.36x ฿46.06 Billion ฿19.54 Billion ฿46.06 Billion ▲ +175.4%
2004 0.86x ฿23.60 Billion ฿27.57 Billion ฿23.60 Billion ▲ +334.7%
2003 0.20x ฿4.58 Billion ฿23.28 Billion ฿4.58 Billion ▲ +7.3%
2002 0.18x ฿4.69 Billion ฿25.56 Billion ฿4.69 Billion ▼ -55.6%
2001 0.41x ฿2.76 Billion ฿6.66 Billion ฿2.76 Billion ▼ -21.0%
2000 0.52x ฿12.07 Billion ฿23.04 Billion ฿12.07 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow