Forth Smart Service Public Company Limited (FSMART) — Financial Flexibility Index

Latest as of December 2025: 0.09x

Forth Smart Service Public Company Limited (FSMART) has a Financial Flexibility Index of 0.09x as of December 2025. Free cash flow of ฿175.32 Million (operating CF ฿126.96 Million minus capex ฿48.37 Million) represents 0% of total liabilities (฿1.94 Billion). Check FSMART cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.09x
Free Cash Flow / Total Liabilities

Free Cash Flow

฿175.32 Million
Operating CF − Capex

Total Liabilities

฿1.94 Billion
THB

Capital Expenditures

฿48.37 Million
THB

Forth Smart Service Public Company Limited Financial Flexibility Index (2012–2025)

Historical Financial Flexibility Index trend for Forth Smart Service Public Company Limited across 14 annual periods. For the full cash flow conversion analysis, see how efficiently does Forth Smart Service Public Company Limit generate cash.

Annual Financial Flexibility Index for Forth Smart Service Public Company Limited (2012–2025)

Year-by-year free cash flow to debt coverage for Forth Smart Service Public Company Limited. Explore cash flow to debt ratio of Forth Smart Service Public Company Limit to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (THB) Operating CF Total Liabilities YoY Change
2025 0.33x ฿647.06 Million ฿479.67 Million ฿1.94 Billion ▲ +464.1%
2024 -0.09x ฿-182.91 Million ฿-241.12 Million ฿2.00 Billion ▼ -121.6%
2023 0.42x ฿662.73 Million ฿550.56 Million ฿1.57 Billion ▼ -4.9%
2022 0.45x ฿759.85 Million ฿601.25 Million ฿1.71 Billion ▼ -29.8%
2021 0.63x ฿1.15 Billion ฿1.03 Billion ฿1.81 Billion ▲ +26.9%
2020 0.50x ฿1.15 Billion ฿1.06 Billion ฿2.31 Billion ▲ +0.0%
2019 0.50x ฿1.09 Billion ฿968.07 Million ฿2.18 Billion ▲ +10.5%
2018 0.45x ฿1.20 Billion ฿1.07 Billion ฿2.66 Billion ▼ -41.4%
2017 0.77x ฿2.26 Billion ฿1.11 Billion ฿2.93 Billion ▼ -23.7%
2016 1.01x ฿2.02 Billion ฿772.82 Million ฿2.00 Billion ▼ -4.7%
2015 1.06x ฿1.29 Billion ฿628.94 Million ฿1.22 Billion ▲ +36.2%
2014 0.78x ฿602.91 Million ฿306.12 Million ฿774.90 Million ▼ -12.0%
2013 0.88x ฿676.34 Million ฿296.67 Million ฿764.89 Million ▲ +11.8%
2012 0.79x ฿526.90 Million ฿100.70 Million ฿666.33 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities