Forth Smart Service Public Company Limited Financial Flexibility Index
Forth Smart Service Public Company Limited financial flexibility index. 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). See FSMART cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Forth Smart Service Public Company Limited (2012–2025)
Financial flexibility index of Forth Smart Service Public Company Limited from 2012 to 2025. Historical Financial Flexibility Index trend for Forth Smart Service Public Company Limited across 14 annual periods. Check FSMART cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Forth Smart Service Public Company Limited Financial Flexibility Index by Year (2012–2025)
Forth Smart Service Public Company Limited financial flexibility index by year from 2012 to 2025. Year-by-year free cash flow to debt coverage for Forth Smart Service Public Company Limited. For the full cash flow conversion analysis, see FSMART operating cash flow.
| 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 | — |