Asia Plus Group Holdings PCL (ASP) — Cash Flow-to-Debt Ratio
Asia Plus Group Holdings PCL (ASP) has a Cash Flow-to-Debt Ratio of 0.27x as of December 2025, meaning its operating cash flow of ฿1.20 Billion could theoretically repay 0% of its total liabilities (฿4.53 Billion) in one year. See Asia Plus Group Holdings PCL free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Asia Plus Group Holdings PCL Cash Flow-to-Debt Ratio (2004–2025)
Historical debt coverage capacity for Asia Plus Group Holdings PCL across 22 annual periods. Also explore ASP shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Asia Plus Group Holdings PCL (2004–2025)
Year-by-year debt coverage analysis for Asia Plus Group Holdings PCL. For market capitalisation and broader financial context, see ASP market cap.
| Year | CF-to-Debt Ratio | Operating CF (THB) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.40x | ฿1.81 Billion | ฿4.53 Billion | ▲ +34.1% |
| 2024 | 0.30x | ฿2.12 Billion | ฿7.11 Billion | ▼ -21.1% |
| 2023 | 0.38x | ฿3.46 Billion | ฿9.17 Billion | ▲ +414.0% |
| 2022 | 0.07x | ฿826.00 Million | ฿11.25 Billion | ▲ +115.7% |
| 2021 | -0.47x | ฿-4.58 Billion | ฿9.78 Billion | ▼ -292.1% |
| 2020 | -0.12x | ฿-548.81 Million | ฿4.59 Billion | ▲ +52.8% |
| 2019 | -0.25x | ฿-427.21 Million | ฿1.69 Billion | ▼ -111.4% |
| 2018 | 2.23x | ฿3.93 Billion | ฿1.77 Billion | ▲ +3271.5% |
| 2017 | -0.07x | ฿-453.82 Million | ฿6.46 Billion | ▼ -169.5% |
| 2016 | 0.10x | ฿518.64 Million | ฿5.13 Billion | ▲ +6.2% |
| 2015 | 0.10x | ฿317.47 Million | ฿3.33 Billion | ▼ -74.8% |
| 2014 | 0.38x | ฿1.16 Billion | ฿3.07 Billion | ▲ +82.1% |
| 2013 | 0.21x | ฿674.01 Million | ฿3.25 Billion | ▲ +194.3% |
| 2012 | -0.22x | ฿-901.65 Million | ฿4.10 Billion | ▼ -147.7% |
| 2011 | 0.46x | ฿1.14 Billion | ฿2.47 Billion | ▲ +391.6% |
| 2010 | -0.16x | ฿-470.05 Million | ฿2.98 Billion | ▼ -2.1% |
| 2009 | -0.15x | ฿-240.77 Million | ฿1.56 Billion | ▼ -141.4% |
| 2008 | 0.37x | ฿270.11 Million | ฿723.19 Million | ▲ +75.7% |
| 2007 | 0.21x | ฿384.73 Million | ฿1.81 Billion | ▲ +295.3% |
| 2006 | -0.11x | ฿-119.12 Million | ฿1.09 Billion | ▼ -130.8% |
| 2005 | 0.35x | ฿539.80 Million | ฿1.53 Billion | ▲ +2267.7% |
| 2004 | -0.02x | ฿-27.03 Million | ฿1.66 Billion | — |