Pico (Thailand) Public Company Limited (PICO) — Cash Flow-to-Debt Ratio
Pico (Thailand) Public Company Limited (PICO) has a Cash Flow-to-Debt Ratio of -0.11x as of January 2026, meaning its operating cash flow of ฿-28.75 Million could theoretically repay 0% of its total liabilities (฿259.55 Million) in one year. See PICO free cash flow to operating cash ratio 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
Pico (Thailand) Public Company Limited Cash Flow-to-Debt Ratio (2003–2025)
Historical debt coverage capacity for Pico (Thailand) Public Company Limited across 23 annual periods. Also explore PICO net asset momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Pico (Thailand) Public Company Limited (2003–2025)
Year-by-year debt coverage analysis for Pico (Thailand) Public Company Limited. For market capitalisation and broader financial context, see Pico (Thailand) Public Company Limited stock valuation.
| Year | CF-to-Debt Ratio | Operating CF (THB) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.19x | ฿80.33 Million | ฿414.58 Million | ▼ -34.0% |
| 2024 | 0.29x | ฿106.83 Million | ฿363.74 Million | ▲ +3.1% |
| 2023 | 0.28x | ฿96.24 Million | ฿337.75 Million | ▲ +486.8% |
| 2022 | -0.07x | ฿-29.38 Million | ฿398.82 Million | ▲ +47.9% |
| 2021 | -0.14x | ฿-44.87 Million | ฿317.28 Million | ▼ -235.5% |
| 2020 | 0.10x | ฿30.04 Million | ฿287.83 Million | ▲ +131.3% |
| 2019 | -0.33x | ฿-151.43 Million | ฿454.65 Million | ▼ -212.4% |
| 2018 | 0.30x | ฿186.16 Million | ฿628.41 Million | ▼ -15.2% |
| 2017 | 0.35x | ฿162.70 Million | ฿465.63 Million | ▲ +101.7% |
| 2016 | 0.17x | ฿78.49 Million | ฿452.94 Million | ▲ +118.3% |
| 2015 | 0.08x | ฿39.99 Million | ฿503.65 Million | ▼ -63.3% |
| 2014 | 0.22x | ฿63.31 Million | ฿292.48 Million | ▲ +4291.2% |
| 2013 | -0.01x | ฿-1.50 Million | ฿290.88 Million | ▼ -100.8% |
| 2012 | 0.64x | ฿252.90 Million | ฿396.17 Million | ▲ +139.2% |
| 2011 | 0.27x | ฿125.22 Million | ฿469.12 Million | ▲ +235.7% |
| 2010 | -0.20x | ฿-89.07 Million | ฿452.66 Million | ▼ -71.3% |
| 2009 | -0.11x | ฿-14.22 Million | ฿123.82 Million | ▼ -126.3% |
| 2008 | 0.44x | ฿109.78 Million | ฿251.48 Million | ▲ +1133.0% |
| 2007 | 0.04x | ฿10.57 Million | ฿298.55 Million | ▼ -92.4% |
| 2006 | 0.47x | ฿97.55 Million | ฿209.76 Million | ▼ -3.9% |
| 2005 | 0.48x | ฿70.08 Million | ฿144.87 Million | ▲ +2433.2% |
| 2004 | 0.02x | ฿2.41 Million | ฿126.00 Million | ▼ -94.1% |
| 2003 | 0.32x | ฿36.38 Million | ฿113.21 Million | — |