Bangkok Airways Public Co., Ltd.(TH:BA)
฿19.90-0.10 (-0.50%)
TH:BA
Bangkok Airways Public Co., Ltd. financials statements
฿19.90
At close:-0.10 (-0.50%)
Bangkok Airways Public Co., Ltd. (BA) Ratios
Bangkok Airways Public Co., Ltd. Ratios
TH:BA's free cash flow for Q2 2026 was ฿1.06B. For the 2026 fiscal year, TH:BA's free cash flow was decreased by ฿-221.15M and operating cash flow was ฿1.28B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.00 | 1.36 | 1.47 | 0.50 | 0.13 |
| Quick Ratio | 0.96 | 1.32 | 1.42 | 0.47 | 0.11 |
| Cash Ratio | 0.78 | 0.69 | 1.18 | 0.21 | 0.09 |
| Solvency Ratio | 0.14 | 0.13 | 0.12 | 0.01 | -0.17 |
| Operating Cash Flow Ratio | 0.42 | 0.55 | 0.51 | 0.09 | -0.09 |
| Short-Term Operating Cash Flow Coverage | 1.49 | 2.28 | 1.95 | 0.19 | -0.12 |
| Net Current Asset Value | ฿ -24.90B | ฿ -23.87B | ฿ -24.90B | ฿ -36.87B | ฿ -32.67B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.51 | 0.50 | 0.50 | 0.53 | 0.56 |
| Debt-to-Equity Ratio | 1.94 | 1.74 | 1.72 | 1.98 | 2.08 |
| Debt-to-Capital Ratio | 0.66 | 0.64 | 0.63 | 0.66 | 0.68 |
| Long-Term Debt-to-Capital Ratio | 0.31 | 0.33 | 0.35 | 0.29 | 0.26 |
| Financial Leverage Ratio | 3.81 | 3.51 | 3.41 | 3.70 | 3.71 |
| Debt Service Coverage Ratio | 0.82 | 1.45 | 1.28 | 0.17 | -0.27 |
| Interest Coverage Ratio | 1.81 | 2.58 | 1.42 | -0.69 | -6.26 |
| Debt to Market Cap | 0.30 | 0.23 | 0.37 | 0.54 | 1.10 |
| Interest Debt Per Share | 13.17 | 14.24 | 14.91 | 16.56 | 13.93 |
| Net Debt to EBITDA | 3.08 | 2.48 | 3.23 | 16.66 | -4.88 |
| Profitability Margins | |||||
| Gross Profit Margin | 28.67% | 27.86% | 20.27% | -1.94% | -125.09% |
| EBIT Margin | 15.04% | 26.50% | 16.44% | -5.76% | -277.06% |
| EBITDA Margin | 21.60% | 32.90% | 25.46% | 15.74% | -190.85% |
| Operating Profit Margin | 15.04% | 22.52% | 15.68% | -9.13% | -291.19% |
| Pretax Profit Margin | 18.02% | 18.82% | 8.53% | -17.79% | -320.82% |
| Net Profit Margin | 14.73% | 15.78% | 15.80% | -18.81% | -316.53% |
| Continuous Operations Profit Margin | 14.86% | 15.83% | 15.79% | -18.81% | -316.53% |
| Net Income Per EBT | 81.72% | 83.86% | 185.22% | 105.69% | 98.66% |
| EBT Per EBIT | 119.80% | 83.59% | 54.41% | 194.88% | 110.18% |
| Return on Assets (ROA) | 7.04% | 6.77% | 5.37% | -3.42% | -17.57% |
| Return on Equity (ROE) | 26.84% | 23.78% | 18.31% | -12.64% | -65.16% |
| Return on Capital Employed (ROCE) | 9.49% | 12.28% | 6.58% | -2.29% | -31.47% |
| Return on Invested Capital (ROIC) | 7.00% | 9.47% | 6.08% | -1.82% | -17.01% |
| Return on Tangible Assets | 7.05% | 6.80% | 5.39% | -3.43% | -17.71% |
| Earnings Yield | 11.44% | 8.05% | 9.68% | -7.56% | -42.81% |
| Efficiency Ratios | |||||
| Receivables Turnover | 16.94 | 17.26 | 13.37 | 9.54 | 8.66 |
| Payables Turnover | 13.51 | 11.77 | 11.71 | 8.97 | 10.27 |
| Inventory Turnover | 33.24 | 34.12 | 32.08 | 24.80 | 13.95 |
| Fixed Asset Turnover | 2.01 | 1.98 | 1.68 | 0.83 | 0.17 |
| Asset Turnover | 0.48 | 0.43 | 0.34 | 0.18 | 0.06 |
| Working Capital Turnover Ratio | 11.15 | 5.11 | -11.21 | -0.77 | -0.19 |
| Cash Conversion Cycle | 5.52 | 0.82 | 7.52 | 12.29 | 32.78 |
| Days of Sales Outstanding | 21.55 | 21.15 | 27.30 | 38.25 | 42.16 |
| Days of Inventory Outstanding | 10.98 | 10.70 | 11.38 | 14.72 | 26.17 |
| Days of Payables Outstanding | 27.02 | 31.02 | 31.16 | 40.68 | 35.55 |
| Operating Cycle | 32.53 | 31.85 | 38.67 | 52.97 | 68.33 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 2.44 | 3.10 | 2.64 | 0.75 | -1.06 |
| Free Cash Flow Per Share | 1.93 | 2.54 | 2.39 | 0.64 | -1.09 |
| Dividend Paid and CapEx Coverage Ratio | 1.43 | 1.86 | 3.50 | 7.11 | -27.10 |
| Capital Expenditure Coverage Ratio | 4.81 | 5.48 | 10.31 | 7.11 | -27.10 |
| Operating Cash Flow Coverage Ratio | 0.20 | 0.23 | 0.19 | 0.05 | -0.08 |
| Operating Cash Flow to Sales Ratio | 0.21 | 0.27 | 0.28 | 0.14 | -0.80 |
| Free Cash Flow Yield | 13.06% | 11.33% | 15.59% | 4.80% | -11.22% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 8.76 | 12.44 | 10.34 | -13.27 | -2.34 |
| Price-to-Sales (P/S) Ratio | 1.29 | 1.96 | 1.63 | 2.49 | 7.39 |
| Price-to-Book (P/B) Ratio | 2.35 | 2.95 | 1.89 | 1.67 | 1.52 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 7.66 | 8.83 | 6.42 | 20.85 | -8.91 |
| Price-to-Operating Cash Flow Ratio | 6.06 | 7.22 | 5.79 | 17.92 | -9.24 |
| Price-to-Earnings Growth (PEG) Ratio | -1.43 | 0.58 | -0.04 | 0.18 | -0.04 |
| Enterprise Value Multiple | 9.05 | 8.44 | 9.64 | 32.45 | -8.75 |
| Enterprise Value | 47.09B | 66.60B | 48.30B | 57.75B | 45.40B |
| EV to EBITDA | 9.05 | 8.44 | 9.64 | 32.45 | -8.75 |
| EV to Sales | 1.95 | 2.78 | 2.45 | 5.11 | 16.71 |
| EV to Free Cash Flow | 11.62 | 12.50 | 9.64 | 42.85 | -20.14 |
| EV to Operating Cash Flow | 9.20 | 10.22 | 8.71 | 36.82 | -20.88 |
| Tangible Book Value Per Share | 6.29 | 7.47 | 7.95 | 7.85 | 6.20 |
| Shareholders’ Equity Per Share | 6.31 | 7.59 | 8.09 | 8.02 | 6.41 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.18 | 0.16 | -0.85 | -0.06 | 0.01 |
| Revenue Per Share | 11.49 | 11.43 | 9.37 | 5.39 | 1.32 |
| Net Income Per Share | 1.69 | 1.80 | 1.48 | -1.01 | -4.17 |
| Tax Burden | 0.82 | 0.84 | 1.85 | 1.06 | 0.99 |
| Interest Burden | 1.20 | 0.71 | 0.52 | 3.09 | 1.16 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.14 | 0.14 | 0.15 | 0.19 | 0.57 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.44 | 1.44 | 1.78 | -0.78 | 0.25 |
Currency in THB
