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 how financially flexible is Asia Plus Group Holdings PCL to measure the company's free cash flow as a share of total liabilities.
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. For the full cash flow conversion analysis, see how efficiently does Asia Plus Group Holdings PCL generate cash.
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. Check Asia Plus Group Holdings PCL (ASP) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
| 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 | — |