Siam Pan Group PCL (SPG) — Cash Flow-to-Debt Ratio

Latest as of September 2025: 0.18x

Siam Pan Group PCL (SPG) has a Cash Flow-to-Debt Ratio of 0.18x as of September 2025, meaning its operating cash flow of ฿80.10 Million could theoretically repay 0% of its total liabilities (฿457.05 Million) in one year. See Siam Pan Group PCL leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.

CF-to-Debt Ratio

0.18x
Operating CF / Total Liabilities

Operating Cash Flow

฿80.10 Million
THB

Total Liabilities

฿457.05 Million
THB

Data as of

Sep 2025
Most recent filing

Siam Pan Group PCL Cash Flow-to-Debt Ratio (2000–2024)

Historical debt coverage capacity for Siam Pan Group PCL across 25 annual periods. For the full cash flow conversion analysis, see Siam Pan Group PCL (SPG) cash flow conversion.

Annual Cash Flow-to-Debt Ratio for Siam Pan Group PCL (2000–2024)

Year-by-year debt coverage analysis for Siam Pan Group PCL. Check earnings quality score of Siam Pan Group PCL to evaluate the quality of earnings relative to operating cash generation.

Year CF-to-Debt Ratio Operating CF (THB) Total Liabilities YoY Change
2024 0.78x ฿292.54 Million ฿372.80 Million ▼ -37.1%
2023 1.25x ฿504.36 Million ฿404.19 Million ▲ +145.8%
2022 0.51x ฿251.19 Million ฿494.74 Million ▲ +30.8%
2021 0.39x ฿233.07 Million ฿600.35 Million ▼ -66.0%
2020 1.14x ฿563.30 Million ฿492.88 Million ▼ -43.0%
2019 2.01x ฿756.57 Million ฿377.06 Million ▲ +76.8%
2018 1.13x ฿438.77 Million ฿386.67 Million ▲ +92.9%
2017 0.59x ฿215.90 Million ฿367.06 Million ▼ -62.8%
2016 1.58x ฿563.15 Million ฿356.38 Million ▼ -43.8%
2015 2.81x ฿1.05 Billion ฿373.01 Million ▲ +223.1%
2014 0.87x ฿350.17 Million ฿402.12 Million ▼ -50.9%
2013 1.77x ฿762.35 Million ฿430.06 Million ▲ +67.4%
2012 1.06x ฿486.92 Million ฿459.85 Million ▲ +206.7%
2011 0.35x ฿161.02 Million ฿466.43 Million ▼ -69.4%
2010 1.13x ฿401.65 Million ฿356.56 Million ▼ -32.2%
2009 1.66x ฿696.64 Million ฿419.39 Million ▼ -29.4%
2008 2.35x ฿613.30 Million ฿260.55 Million ▲ +15000.1%
2007 -0.02x ฿-8.74 Million ฿553.14 Million ▼ -101.1%
2006 1.42x ฿384.89 Million ฿271.46 Million ▲ +37.7%
2005 1.03x ฿231.41 Million ฿224.74 Million ▲ +111.3%
2004 0.49x ฿143.96 Million ฿295.50 Million ▼ -47.8%
2003 0.93x ฿218.01 Million ฿233.59 Million ▼ -39.0%
2002 1.53x ฿387.94 Million ฿253.41 Million ▲ +22.3%
2001 1.25x ฿304.47 Million ฿243.32 Million ▲ +4.9%
2000 1.19x ฿249.73 Million ฿209.46 Million
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.