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). Also explore Forth Smart Service Public Company Limit (FSMART) equity growth momentum to track the company's year-over-year net asset growth rate.

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. Check Forth Smart Service Public Company Limit (FSMART) strategic investment index to assess the company's strategic physical and investment asset allocation.

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. For the full company profile including market capitalisation, see market cap of Forth Smart Service Public Company Limit.

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