# Thai Airways International Public Company Limited (TAWNF)

> Industrials · TH · Reports in THB

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/TAWNF/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2025 | THB 183.40B | THB 30.91B | THB 28.24B | THB 185.83B | THB 75.77B |
| 2024 | THB 187.25B | THB -26.93B | THB 59.36B | THB 128.74B | THB 45.51B |
| 2023 | THB 157.45B | THB 28.10B | THB 39.24B | THB 164.42B | THB -43.21B |
| 2022 | THB 103.87B | THB -272.26M | THB 28.87B | THB 162.00B | THB -71.08B |
| 2021 | THB 21.57B | THB 55.12B | THB -9.98B | THB 139.88B | THB -71.32B |
| 2020 | THB 47.72B | THB -141.17B | THB -10.27B | THB 233.81B | THB -128.74B |
| 2019 | THB 180.28B | THB -12.04B | THB 11.38B | THB 147.35B | THB 11.66B |
| 2018 | THB 195.97B | THB -11.63B | THB 13.53B | THB 151.28B | THB 20.33B |
| 2017 | THB 189.86B | THB -2.11B | THB 20.07B | THB 159.37B | THB 31.91B |
| 2016 | THB 178.31B | THB 15.14M | THB 18.86B | THB 167.38B | THB 33.50B |
| 2015 | THB 182.73B | THB -13.07B | THB 14.65B | THB 192.40B | THB 32.86B |
| 2014 | THB 188.37B | THB -15.61B | THB -2.55B | THB 191.85B | THB 41.22B |
| 2013 | THB 206.97B | THB -12.05B | THB -3.43B | THB 176.35B | THB 56.83B |
| 2012 | THB 208.59B | THB 6.34B | THB 12.57B | THB 158.69B | THB 68.92B |
| 2011 | THB 191.82B | THB -10.19B | THB -3.46B | THB 142.30B | THB 63.17B |
| 2010 | THB 180.59B | THB 15.05B | THB 18.58B | THB 146.28B | THB 82.62B |
| 2009 | THB 161.60B | THB 7.34B | THB 12.00B | THB 156.02B | THB 52.95B |
| 2007 | THB 53.49B | THB 1.84B | THB 5.10B | THB 138.00B | THB 67.75B |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 2.45 |
| Liabilities / Eq | 3.25 |
| Current Ratio | 1.85 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / FCF | 9.32 |

## Other views

- [Metrics](https://sponda.capital/en/TAWNF.md)
- [Charts](https://sponda.capital/en/TAWNF/charts.md)
- [Compare](https://sponda.capital/en/TAWNF/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-23.