Forth Smart Service Public Company Limited (FSMART) — Cash Flow-to-Debt Ratio
Forth Smart Service Public Company Limited (FSMART) has a Cash Flow-to-Debt Ratio of 0.07x as of December 2025, meaning its operating cash flow of ฿126.96 Million could theoretically repay 0% of its total liabilities (฿1.94 Billion) in one year. See Forth Smart Service Public Company Limit leverage flexibility ratio 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
Forth Smart Service Public Company Limited Cash Flow-to-Debt Ratio (2012–2025)
Historical debt coverage capacity for Forth Smart Service Public Company Limited across 14 annual periods. For the full cash flow conversion analysis, see FSMART cash generation efficiency.
Annual Cash Flow-to-Debt Ratio for Forth Smart Service Public Company Limited (2012–2025)
Year-by-year debt coverage analysis for Forth Smart Service Public Company Limited. Check earnings quality score of Forth Smart Service Public Company Limit to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (THB) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.25x | ฿479.67 Million | ฿1.94 Billion | ▲ +304.8% |
| 2024 | -0.12x | ฿-241.12 Million | ฿2.00 Billion | ▼ -134.3% |
| 2023 | 0.35x | ฿550.56 Million | ฿1.57 Billion | ▼ -0.2% |
| 2022 | 0.35x | ฿601.25 Million | ฿1.71 Billion | ▼ -37.9% |
| 2021 | 0.57x | ฿1.03 Billion | ฿1.81 Billion | ▲ +23.8% |
| 2020 | 0.46x | ฿1.06 Billion | ฿2.31 Billion | ▲ +3.4% |
| 2019 | 0.44x | ฿968.07 Million | ฿2.18 Billion | ▲ +10.7% |
| 2018 | 0.40x | ฿1.07 Billion | ฿2.66 Billion | ▲ +5.9% |
| 2017 | 0.38x | ฿1.11 Billion | ฿2.93 Billion | ▼ -2.1% |
| 2016 | 0.39x | ฿772.82 Million | ฿2.00 Billion | ▼ -25.1% |
| 2015 | 0.52x | ฿628.94 Million | ฿1.22 Billion | ▲ +30.5% |
| 2014 | 0.40x | ฿306.12 Million | ฿774.90 Million | ▲ +1.9% |
| 2013 | 0.39x | ฿296.67 Million | ฿764.89 Million | ▲ +156.6% |
| 2012 | 0.15x | ฿100.70 Million | ฿666.33 Million | — |