Varopakorn Public Company Limited (VARO) — Financial Flexibility Index

Latest as of September 2025: 0.41x

Varopakorn Public Company Limited (VARO) has a Financial Flexibility Index of 0.41x as of September 2025. Free cash flow of ฿366.15 Million (operating CF ฿362.20 Million minus capex ฿3.95 Million) represents 0% of total liabilities (฿886.04 Million). Check cash flow reinvestment rate of Varopakorn Public Company Limited to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.41x
Free Cash Flow / Total Liabilities

Free Cash Flow

฿366.15 Million
Operating CF − Capex

Total Liabilities

฿886.04 Million
THB

Capital Expenditures

฿3.95 Million
THB

Varopakorn Public Company Limited Financial Flexibility Index (2000–2024)

Historical Financial Flexibility Index trend for Varopakorn Public Company Limited across 25 annual periods. For the full cash flow conversion analysis, see Varopakorn Public Company Limited operating cash flow efficiency.

Annual Financial Flexibility Index for Varopakorn Public Company Limited (2000–2024)

Year-by-year free cash flow to debt coverage for Varopakorn Public Company Limited. Explore Varopakorn Public Company Limited (VARO) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (THB) Operating CF Total Liabilities YoY Change
2024 0.03x ฿51.26 Million ฿10.59 Million ฿1.60 Billion ▼ -62.4%
2023 0.09x ฿112.89 Million ฿64.89 Million ฿1.33 Billion ▼ -71.7%
2022 0.30x ฿437.86 Million ฿392.56 Million ฿1.46 Billion ▲ +199.6%
2021 -0.30x ฿-620.65 Million ฿-656.07 Million ฿2.06 Billion ▼ -1573.1%
2020 0.02x ฿17.87 Million ฿4.56 Million ฿873.12 Million ▼ -93.7%
2019 0.33x ฿262.80 Million ฿106.81 Million ฿807.20 Million ▲ +104.6%
2018 0.16x ฿128.80 Million ฿61.18 Million ฿809.23 Million ▲ +1255.9%
2017 0.01x ฿9.65 Million ฿-45.42 Million ฿821.92 Million ▲ +112.3%
2016 -0.10x ฿-61.13 Million ฿-72.11 Million ฿638.19 Million ▼ -114.9%
2015 0.64x ฿366.28 Million ฿358.02 Million ฿568.23 Million ▲ +1416.7%
2014 -0.05x ฿-43.80 Million ฿-62.43 Million ฿894.63 Million ▼ -110.3%
2013 0.47x ฿390.21 Million ฿296.00 Million ฿822.41 Million ▲ +502.4%
2012 0.08x ฿86.66 Million ฿-25.77 Million ฿1.10 Billion ▼ -67.0%
2011 0.24x ฿205.01 Million ฿116.61 Million ฿859.90 Million ▲ +14.1%
2010 0.21x ฿185.09 Million ฿77.94 Million ฿886.21 Million ▼ -11.9%
2009 0.24x ฿201.99 Million ฿132.83 Million ฿852.33 Million ▼ -3.9%
2008 0.25x ฿215.46 Million ฿120.16 Million ฿874.14 Million ▼ -46.9%
2007 0.46x ฿427.75 Million ฿313.82 Million ฿921.84 Million ▲ +130.1%
2006 0.20x ฿217.15 Million ฿29.57 Million ฿1.08 Billion ▼ -72.0%
2005 0.72x ฿640.60 Million ฿237.61 Million ฿888.80 Million ▲ +281.0%
2004 0.19x ฿124.84 Million ฿6.02 Million ฿659.91 Million ▼ -33.5%
2003 0.28x ฿154.03 Million ฿53.54 Million ฿541.53 Million ▼ -47.3%
2002 0.54x ฿280.49 Million ฿76.09 Million ฿519.89 Million ▲ +28.6%
2001 0.42x ฿185.53 Million ฿146.68 Million ฿442.11 Million ▲ +500.6%
2000 0.07x ฿39.59 Million ฿26.62 Million ฿566.59 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities