Bangkok Aviation Fuel Services Public Co., Ltd.(TH:BAFS)
฿9.80+0.15 (+1.55%)
TH:BAFS
Bangkok Aviation Fuel Services Public Co., Ltd. financials statements
฿9.80
At close:+0.15 (+1.55%)
Bangkok Aviation Fuel Services Public Co., Ltd. (BAFS) Ratios
Bangkok Aviation Fuel Services Public Co., Ltd. Ratios
TH:BAFS's free cash flow for Q2 2026 was ฿121.81M. For the 2026 fiscal year, TH:BAFS's free cash flow was decreased by ฿-179.51M and operating cash flow was ฿301.32M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.71 | 0.62 | 0.83 | 1.16 | 1.81 |
| Quick Ratio | 0.66 | 0.59 | 0.80 | 1.14 | 1.78 |
| Cash Ratio | 0.21 | 0.22 | 0.22 | 0.24 | 0.29 |
| Solvency Ratio | 0.07 | 0.06 | 0.05 | 0.03 | 0.00 |
| Operating Cash Flow Ratio | 0.54 | 0.56 | 0.47 | 0.26 | 1.05 |
| Short-Term Operating Cash Flow Coverage | 0.81 | 0.75 | 0.63 | 0.35 | 1.50 |
| Net Current Asset Value | ฿ -14.95B | ฿ -13.79B | ฿ -14.01B | ฿ -15.28B | ฿ -14.80B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.70 | 0.58 | 0.59 | 0.63 | 0.61 |
| Debt-to-Equity Ratio | 3.54 | 2.36 | 2.44 | 3.27 | 3.14 |
| Debt-to-Capital Ratio | 0.78 | 0.70 | 0.71 | 0.77 | 0.76 |
| Long-Term Debt-to-Capital Ratio | 0.71 | 0.63 | 0.64 | 0.72 | 0.72 |
| Financial Leverage Ratio | 5.04 | 4.05 | 4.17 | 5.21 | 5.13 |
| Debt Service Coverage Ratio | 0.75 | 0.59 | 0.52 | 0.48 | 0.27 |
| Interest Coverage Ratio | 1.37 | 1.19 | 0.66 | 0.13 | -1.47 |
| Debt to Market Cap | 2.25 | 1.45 | 0.74 | 0.65 | 0.85 |
| Interest Debt Per Share | 24.98 | 20.90 | 21.86 | 24.19 | 24.31 |
| Net Debt to EBITDA | 8.93 | 7.43 | 9.14 | 13.79 | 41.69 |
| Profitability Margins | |||||
| Gross Profit Margin | 40.04% | 42.55% | 38.42% | 24.70% | -0.84% |
| EBIT Margin | 21.47% | 23.09% | 16.89% | 6.27% | -38.59% |
| EBITDA Margin | 46.08% | 47.52% | 46.99% | 47.45% | 21.53% |
| Operating Profit Margin | 21.47% | 20.84% | 14.00% | 3.22% | -38.59% |
| Pretax Profit Margin | 9.30% | 5.61% | -4.30% | -18.34% | -63.09% |
| Net Profit Margin | 5.85% | 2.98% | -4.64% | -18.27% | -54.68% |
| Continuous Operations Profit Margin | 4.30% | 0.70% | -8.93% | -18.27% | -54.68% |
| Net Income Per EBT | 62.92% | 53.21% | 107.90% | 99.62% | 86.66% |
| EBT Per EBIT | 43.33% | 26.91% | -30.71% | -569.38% | 163.51% |
| Return on Assets (ROA) | 0.97% | 0.47% | -0.61% | -1.69% | -3.59% |
| Return on Equity (ROE) | 4.89% | 1.91% | -2.53% | -8.81% | -18.40% |
| Return on Capital Employed (ROCE) | 3.95% | 3.72% | 2.05% | 0.33% | -2.75% |
| Return on Invested Capital (ROIC) | 1.69% | 0.42% | 1.87% | 0.30% | -2.24% |
| Return on Tangible Assets | 1.07% | 0.53% | -0.68% | -1.85% | -3.93% |
| Earnings Yield | 3.91% | 1.36% | -0.88% | -1.98% | -5.44% |
| Efficiency Ratios | |||||
| Receivables Turnover | 4.76 | 5.55 | 6.37 | 5.63 | 5.14 |
| Payables Turnover | 20.86 | 24.42 | 32.25 | 32.04 | 32.01 |
| Inventory Turnover | 22.57 | 25.31 | 24.20 | 40.55 | 32.69 |
| Fixed Asset Turnover | 0.24 | 0.23 | 0.19 | 0.13 | 0.09 |
| Asset Turnover | 0.17 | 0.16 | 0.13 | 0.09 | 0.07 |
| Working Capital Turnover Ratio | -4.57 | -5.09 | -109.71 | 2.31 | 1.16 |
| Cash Conversion Cycle | 75.34 | 65.26 | 61.11 | 62.41 | 70.78 |
| Days of Sales Outstanding | 76.67 | 65.79 | 57.34 | 64.80 | 71.01 |
| Days of Inventory Outstanding | 16.17 | 14.42 | 15.08 | 9.00 | 11.17 |
| Days of Payables Outstanding | 17.50 | 14.95 | 11.32 | 11.39 | 11.40 |
| Operating Cycle | 92.84 | 80.21 | 72.43 | 73.80 | 82.18 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 1.81 | 2.21 | 1.79 | 0.89 | 3.15 |
| Free Cash Flow Per Share | 0.56 | 1.58 | 1.36 | 0.46 | 1.79 |
| Dividend Paid and CapEx Coverage Ratio | 1.08 | 2.25 | 3.56 | 2.09 | 2.32 |
| Capital Expenditure Coverage Ratio | 1.45 | 3.50 | 4.24 | 2.09 | 2.32 |
| Operating Cash Flow Coverage Ratio | 0.08 | 0.11 | 0.09 | 0.04 | 0.13 |
| Operating Cash Flow to Sales Ratio | 0.32 | 0.41 | 0.38 | 0.26 | 1.24 |
| Free Cash Flow Yield | 6.58% | 13.24% | 5.51% | 1.46% | 7.02% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 25.76 | 157.82 | -95.00 | -50.40 | -18.35 |
| Price-to-Sales (P/S) Ratio | 1.50 | 2.20 | 5.29 | 9.22 | 10.05 |
| Price-to-Book (P/B) Ratio | 1.25 | 1.41 | 2.89 | 4.45 | 3.38 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 15.20 | 7.55 | 18.15 | 68.58 | 14.24 |
| Price-to-Operating Cash Flow Ratio | 4.68 | 5.39 | 13.83 | 35.76 | 8.11 |
| Price-to-Earnings Growth (PEG) Ratio | 0.08 | -1.22 | 1.62 | 0.92 | -0.17 |
| Enterprise Value Multiple | 12.17 | 12.06 | 20.40 | 33.23 | 88.38 |
| Enterprise Value | 20.31B | 19.75B | 28.53B | 34.59B | 30.77B |
| EV to EBITDA | 12.17 | 12.06 | 20.40 | 33.23 | 88.38 |
| EV to Sales | 5.61 | 5.73 | 9.59 | 15.77 | 19.03 |
| EV to Free Cash Flow | 56.96 | 19.67 | 32.88 | 117.22 | 26.94 |
| EV to Operating Cash Flow | 17.56 | 14.04 | 25.06 | 61.12 | 15.34 |
| Tangible Book Value Per Share | 5.08 | 6.51 | 6.55 | 6.19 | 6.67 |
| Shareholders’ Equity Per Share | 6.80 | 8.45 | 8.56 | 7.14 | 7.54 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.54 | 0.88 | -1.08 | 0.00 | 0.13 |
| Revenue Per Share | 5.68 | 5.41 | 4.67 | 3.44 | 2.54 |
| Net Income Per Share | 0.33 | 0.16 | -0.22 | -0.63 | -1.39 |
| Tax Burden | 0.63 | 0.53 | 1.08 | 1.00 | 0.87 |
| Interest Burden | 0.43 | 0.24 | -0.25 | -2.92 | 1.64 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.22 | 0.23 | 0.26 | 0.28 | 0.39 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 5.46 | 7.28 | -8.90 | -1.41 | -1.97 |
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