Cash flow Krungthai Car Rent and Lease

Stocks

KCAR

TH0869010007

Passenger Transportation, Ground & Sea

End-of-day quote Thailand S.E. Other stock markets 2026-08-07			5-day change	1st Jan Change
4.960 ^THB	0.00%		+0.40%	-7.29%

05-14	Krungthai Car Rent and Lease Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
02-24	Krungthai Car Rent and Lease Public Company Limited Proposes Cash Dividend for Operating Period from 01 January 2025 to 31 December 2025, Payable on May 21, 2026	CI

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Published financial data: KRUNGTHAI CAR RENT AND LEASE

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	2.13B	2.22B	2.11B	2.03B	2.45B
Interest And Invest. Income (Rev)	-	-	-	3.32M	2.08M
Other Revenues, Total	62.15M	43.71M	47.22M	43.4M	55.13M
Total Revenues	2.19B	2.26B	2.15B	2.07B	2.5B
Cost of Goods Sold, Total	1.71B	1.79B	1.67B	1.69B	2.03B
Gross Profit	478M	473M	488M	386M	472M
Selling General & Admin Expenses, Total	155M	178M	180M	180M	180M
Other Operating Expenses	-12.81M	-15.78M	-17.87M	-21.59M	-12.71M
Other Operating Expenses, Total	142M	163M	162M	158M	167M
Operating Income	335M	310M	326M	228M	306M
Interest Expense, Total	-80.82M	-77.7M	-83.99M	-105M	-95.26M
Interest And Investment Income	138K	127K	479K	782K	2.29M
Net Interest Expenses	-80.68M	-77.57M	-83.51M	-104M	-92.96M
EBT, Excl. Unusual Items	255M	232M	243M	124M	213M
EBT, Incl. Unusual Items	255M	232M	243M	124M	213M
Income Tax Expense	28.63M	49.25M	50.17M	28.06M	43.67M
Earnings From Continuing Operations	226M	183M	193M	96.08M	169M
Net Income to Company	226M	183M	193M	96.08M	169M
Net Income - (IS)	226M	183M	193M	96.08M	169M
Net Income to Common Incl Extra Items	226M	183M	193M	96.08M	169M
Net Income to Common Excl. Extra Items	226M	183M	193M	96.08M	169M
Per Share Items
Net EPS - Basic	0.9	0.73	0.77	0.38	0.68
Basic EPS - Continuing Operations	0.9	0.73	0.77	0.38	0.68
Basic Weighted Average Shares Outstanding	250M	250M	250M	250M	250M
Net EPS - Diluted	0.9	0.73	0.77	0.38	0.68
Diluted EPS - Continuing Operations	0.9	0.73	0.77	0.38	0.68
Diluted Weighted Average Shares Outstanding	250M	250M	250M	250M	250M
Normalized Basic EPS	0.64	0.58	0.61	0.31	0.53
Normalized Diluted EPS	0.64	0.58	0.61	0.31	0.53
Dividend Per Share	0.43	0.49	0.37	0.19	0.33
Payout Ratio	43.12	61.4	72.66	49.44	44.37
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	1.21B	1.18B	1.18B	1.12B	1.19B
EBITA	335M	310M	326M	228M	306M
EBIT	335M	310M	326M	228M	306M
EBITDAR	1.21B	1.18B	1.18B	1.12B	1.19B
Total Revenues (As Reported)	2.21B	2.28B	2.17B	2.1B	2.52B
Effective Tax Rate - (Ratio)	11.24	21.18	20.66	22.61	20.53
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	3.93M	1.93M	1.58M	1.03M	47.8M
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	24.7M	47.32M	48.58M	27.03M	-4.13M
Normalized Net Income	159M	145M	152M	77.59M	133M
Interest on Long-Term Debt	14.45M	20.87M	32.12M	55.49M	55.2M
Non-Cash Pension Expense	421K	453K	707K	762K	804K
Supplemental Operating Expense Items
Selling and Marketing Expenses	53.98M	57.97M	66.35M	62.57M	61.11M
General and Administrative Expenses	101M	120M	113M	117M	118M
Net Rental Expense, Total	1.71M	1.88M	329K	1.38M	3.17M
Imputed Operating Lease Interest Expense	365K	394K	73.98K	368K	871K
Imputed Operating Lease Depreciation	1.34M	1.49M	255K	1.01M	2.3M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	31.31M	73.99M	58.61M	52.11M	92.2M
Short Term Investments	-	-	-	-	130K
Trading Asset Securities, Total	227M	116M	223K	-	-
Total Cash And Short Term Investments	258M	190M	58.83M	52.11M	92.33M
Accounts Receivable, Total	173M	201M	132M	165M	115M
Other Receivables	16.83M	19.35M	15.07M	24.74M	76.33M
Notes Receivable	-	-	-	-	36.74M
Total Receivables	189M	220M	147M	189M	228M
Inventory	158M	167M	222M	514M	343M
Prepaid Expenses	88.14M	83.54M	94.63M	88.63M	82.75M
Other Current Assets, Total	129M	78.06M	80.78M	81.5M	24.78M
Total Current Assets	823M	739M	603M	926M	771M
Gross Property Plant And Equipment	414M	430M	465M	469M	476M
Accumulated Depreciation	-168M	-186M	-206M	-220M	-243M
Net Property Plant And Equipment	246M	244M	260M	249M	233M
Other Intangibles, Total	15.09M	14.72M	14.8M	2.95M	2.78M
Accounts Receivable Long-Term	-	19.82M	42.92M	19.23M	12.46M
Deferred Tax Assets Long-Term	127M	79.15M	30.59M	3.91M	9.28M
Other Long-Term Assets, Total	4.49B	4.5B	4.93B	4.64B	4.22B
Total Assets	5.7B	5.6B	5.88B	5.84B	5.25B
Liabilities
Accounts Payable, Total	77.31M	89.33M	66.94M	71.41M	61.24M
Accrued Expenses, Total	3.14M	3.55M	3.4M	3.12M	3.33M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	915M	1.05B	331M	634M	575M
Current Portion of Leases	231M	279M	503M	585M	563M
Current Income Taxes Payable	-	-	-	-	-
Other Current Liabilities	80.29M	161M	88.08M	71.83M	99.75M
Total Current Liabilities	1.31B	1.58B	992M	1.36B	1.3B
Long-Term Debt	1.32B	883M	1.06B	689M	503M
Long-Term Leases	632M	612M	1.26B	1.2B	806M
Unearned Revenue Non Current	158M	161M	159M	123M	87.75M
Pension & Other Post Retirement Benefits	28.57M	27.61M	30.55M	32.01M	33.65M
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	110K	-	-	-	-
Total Liabilities	3.45B	3.27B	3.5B	3.41B	2.73B
Common Stock, Total	250M	250M	250M	250M	250M
Additional Paid In Capital	162M	162M	162M	162M	162M
Retained Earnings	1.84B	1.92B	1.97B	2.02B	2.11B
Comprehensive Income and Other	-87.61K	-	-86.14K	-1.51M	-5.22M
Total Common Equity	2.26B	2.33B	2.38B	2.43B	2.52B
Total Equity	2.26B	2.33B	2.38B	2.43B	2.52B
Total Liabilities And Equity	5.7B	5.6B	5.88B	5.84B	5.25B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	250M	250M	250M	250M	250M
ECS Total Common Shares Outstanding	250M	250M	250M	250M	250M
Book Value / Share	9.03	9.32	9.53	9.71	10.07
Tangible Book Value	2.24B	2.31B	2.37B	2.43B	2.51B
Tangible Book Value Per Share	8.97	9.26	9.47	9.7	10.06
Total Debt	3.1B	2.82B	3.15B	3.11B	2.45B
Net Debt	2.84B	2.63B	3.09B	3.05B	2.36B
Debt Equivalent of Unfunded Proj. Benefit Obligation	28.57M	27.61M	30.55M	32.01M	33.65M
Debt Equivalent Oper. Leases	13.65M	15.04M	2.63M	11M	25.4M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Finished Goods, Total	157M	166M	221M	513M	342M
Inventories - Others	1.34M	1.06M	1.43M	1.35M	1.42M
Land - (BS)	144M	144M	144M	144M	144M
Buildings, Total	27.59M	27.59M	27.59M	27.59M	27.59M
Machinery, Total	42.62M	40.9M	42.03M	39.13M	40.04M
Accumulated Allowance for Doubtful Accounts (Supple)	7.16M	15.07M	11.8M	10.07M	5.97M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	226M	183M	193M	96.08M	169M
Depreciation & Amortization - CF	892M	885M	874M	912M	906M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	892M	885M	874M	912M	906M
Amortization of Deferred Charges, Total - (CF)	387K	456K	458K	464K	467K
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-106K	-368K	-1.97M	-409K	-160K
Asset Writedown & Restructuring Costs	56	-3.57K	2	12.44M	9.97M
Provision and Write-off of Bad Debts	799K	7.91M	-2.82M	-1.73M	-3.29M
Other Operating Activities, Total	-633M	-741M	-476M	-605M	-720M
Change In Accounts Receivable	-2.14M	-36.21M	80.29M	-39.76M	3.35M
Change In Inventories	357M	365M	410M	393M	747M
Change In Accounts Payable	6.7M	12.39M	-14.61M	4.45M	-9.17M
Change in Unearned Revenues	51.68M	3.02M	-1.49M	-35.91M	-35.74M
Change in Other Net Operating Assets	7.01M	-13.94M	-48.79M	34.29M	3.64M
Cash from Operations	907M	666M	1.01B	770M	1.07B
Capital Expenditure	-1.21M	-1.32M	-1.2M	-1.98M	-949K
Sale of Property, Plant, and Equipment	-	3.74K	-	-	-
Sale (Purchase) of Intangible assets	-2.99M	-86.06K	-541K	-1.05M	-296K
Investment in Marketable and Equity Securities, Total	-227M	111M	118M	632K	29.85K
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-36.74M
Other Investing Activities, Total	93.22K	-2.1M	-4.07M	-3.31M	50.91M
Cash from Investing	-231M	108M	112M	-5.71M	12.96M
Short Term Debt Issued, Total	270M	379M	340M	140M	590M
Long-Term Debt Issued, Total	120M	690M	536M	300M	460M
Total Debt Issued	390M	1.07B	876M	440M	1.05B
Short Term Debt Repaid, Total	-390M	-380M	-340M	-140M	-590M
Long-Term Debt Repaid, Total	-505M	-1.23B	-1.44B	-919M	-1.33B
Total Debt Repaid	-895M	-1.61B	-1.78B	-1.06B	-1.92B
Common Dividends Paid	-97.5M	-112M	-140M	-47.5M	-75M
Common & Preferred Stock Dividends Paid	-97.5M	-112M	-140M	-47.5M	-75M
Other Financing Activities, Total	-81.43M	-77.29M	-92.08M	-104M	-99.1M
Cash from Financing	-683M	-732M	-1.14B	-770M	-1.04B
Net Change in Cash	-7.88M	42.68M	-15.38M	-6.5M	40.1M
Supplemental Items
Cash Interest Paid	81.43M	77.29M	92.08M	104M	99.1M
Cash Income Tax Paid (Refund)	63.15M	62.72M	62.46M	56.85M	59.78M
Levered Free Cash Flow	883M	1.14B	932M	645M	1.25B
Unlevered Free Cash Flow	933M	1.19B	985M	711M	1.31B
Change In Net Working Capital	165M	-109M	91.31M	341M	-212M
Net Debt Issued / Repaid	-505M	-542M	-907M	-619M	-870M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	3.77	3.43	3.55	2.43	3.45
Return on Total Capital	4.02	3.69	3.82	2.57	3.64
Return On Equity %	10.32	7.99	8.18	4	6.83
Return on Common Equity	10.32	7.99	8.18	4	6.83
Margin Analysis
Gross Profit Margin %	21.79	20.87	22.67	18.62	18.87
SG&A Margin	7.08	7.88	8.35	8.67	7.17
EBITDA Margin %	55.22	52.06	54.93	54.05	47.57
EBITA Margin %	15.3	13.69	15.15	10.99	12.21
EBIT Margin %	15.3	13.69	15.15	10.99	12.21
Income From Continuing Operations Margin %	10.31	8.09	8.95	4.63	6.75
Net Income Margin %	10.31	8.09	8.95	4.63	6.75
Net Avail. For Common Margin %	10.31	8.09	8.95	4.63	6.75
Normalized Net Income Margin	7.26	6.42	7.05	3.74	5.31
Levered Free Cash Flow Margin	40.25	50.29	43.3	31.12	49.88
Unlevered Free Cash Flow Margin	42.55	52.44	45.73	34.27	52.25
Asset Turnover
Asset Turnover	0.39	0.4	0.38	0.35	0.45
Fixed Assets Turnover	8.65	9.25	8.55	8.16	10.4
Receivables Turnover (Average Receivables)	12.69	11.92	12.66	13.68	17.49
Inventory Turnover (Average Inventory)	11.29	11.03	8.56	4.58	4.74
Short Term Liquidity
Current Ratio	0.63	0.47	0.61	0.68	0.59
Quick Ratio	0.34	0.26	0.21	0.18	0.22
Operating Cash Flow to Current Liabilities	0.69	0.42	1.02	0.56	0.82
Days Sales Outstanding (Average Receivables)	28.76	30.63	28.82	26.75	20.87
Days Outstanding Inventory (Average Inventory)	32.34	33.09	42.64	79.84	77.01
Average Days Payable Outstanding	15.86	16.89	16.57	12.79	13.34
Cash Conversion Cycle (Average Days)	45.24	46.83	54.89	93.81	84.54
Long Term Solvency
Total Debt/Equity	137.33	121.3	132.35	127.91	97.23
Total Debt / Total Capital	57.87	54.81	56.96	56.12	49.3
LT Debt/Equity	86.56	64.2	97.33	77.74	52.02
Long-Term Debt / Total Capital	36.47	29.01	41.89	34.11	26.38
Total Liabilities / Total Assets	60.43	58.38	59.51	58.39	52.06
EBIT / Interest Expense	4.15	3.99	3.89	2.18	3.21
EBITDA / Interest Expense	15.19	15.39	14.29	10.9	12.72
(EBITDA - Capex) / Interest Expense	15.17	15.37	14.27	10.88	12.71
Total Debt / EBITDA	2.52	2.36	2.63	2.73	2.02
Net Debt / EBITDA	2.31	2.2	2.58	2.68	1.94
Total Debt / (EBITDA - Capex)	2.53	2.37	2.63	2.73	2.02
Net Debt / (EBITDA - Capex)	2.32	2.21	2.58	2.68	1.95
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	0.82	3.26	-4.88	-3.7	20.73
Gross Profit, 1 Yr. Growth %	8.93	-1.1	3.33	-20.92	22.37
EBITDA, 1 Yr. Growth %	5.61	-2.64	0.35	-5.24	6.26
EBITA, 1 Yr. Growth %	22.93	-7.57	5.26	-30.16	34.1
EBIT, 1 Yr. Growth %	22.93	-7.57	5.26	-30.16	34.1
Earnings From Cont. Operations, 1 Yr. Growth %	2.2	-18.97	5.16	-50.14	75.91
Net Income, 1 Yr. Growth %	2.2	-18.97	5.16	-50.14	75.91
Normalized Net Income, 1 Yr. Growth %	39.25	-8.74	4.46	-48.88	71.32
Diluted EPS Before Extra, 1 Yr. Growth %	2.2	-18.97	5.16	-50.14	75.91
Accounts Receivable, 1 Yr. Growth %	5.76	16.82	-34.33	24.74	-29.91
Inventory, 1 Yr. Growth %	8.43	5.48	33.32	131.27	-33.26
Net Property, Plant and Equip., 1 Yr. Growth %	-6.03	-0.48	6.31	-4.19	-6.44
Total Assets, 1 Yr. Growth %	5.31	-1.89	5.11	-0.76	-10.03
Tangible Book Value, 1 Yr. Growth %	6	3.23	2.27	2.49	3.68
Common Equity, 1 Yr. Growth %	6.08	3.19	2.26	1.98	3.67
Cash From Operations, 1 Yr. Growth %	27.98	-26.5	51.81	-23.93	39.15
Capital Expenditures, 1 Yr. Growth %	-19.72	8.78	-8.96	65.43	-52.12
Levered Free Cash Flow, 1 Yr. Growth %	-18.68	29.03	-18.11	-30.79	93.52
Unlevered Free Cash Flow, 1 Yr. Growth %	-18.27	27.25	-17.04	-27.84	84.1
Dividend Per Share, 1 Yr. Growth %	-2.27	13.95	-24.49	-48.65	73.68
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	6.02	2.03	-0.89	-4.29	7.83
Gross Profit, 2 Yr. CAGR %	5.23	3.8	1.09	-9.61	-1.63
EBITDA, 2 Yr. CAGR %	5.79	1.4	-1.16	-2.48	0.35
EBITA, 2 Yr. CAGR %	14.38	6.6	-1.36	-14.26	-3.22
EBIT, 2 Yr. CAGR %	15.13	6.6	-1.36	-14.26	-3.22
Earnings From Cont. Operations, 2 Yr. CAGR %	1.19	-9	-7.69	-27.59	-6.34
Net Income, 2 Yr. CAGR %	1.19	-9	-7.69	-27.59	-6.34
Normalized Net Income, 2 Yr. CAGR %	22.77	12.73	-2.36	-26.92	-6.42
Diluted EPS Before Extra, 2 Yr. CAGR %	1.19	-9	-7.69	-27.59	-6.34
Accounts Receivable, 2 Yr. CAGR %	-4.63	10.93	-12.41	-9.49	-6.5
Inventory, 2 Yr. CAGR %	-17.98	6.95	18.58	75.59	24.23
Net Property, Plant and Equip., 2 Yr. CAGR %	18.07	-3.3	2.86	0.92	-5.32
Total Assets, 2 Yr. CAGR %	1.55	1.65	1.55	2.13	-5.51
Tangible Book Value, 2 Yr. CAGR %	4.93	4.6	2.75	2.38	3.08
Common Equity, 2 Yr. CAGR %	4.79	4.63	2.72	2.12	2.82
Cash From Operations, 2 Yr. CAGR %	52.13	-3.01	5.63	7.46	2.88
Capital Expenditures, 2 Yr. CAGR %	-30.71	-6.55	-0.49	22.72	-11
Levered Free Cash Flow, 2 Yr. CAGR %	5.17	2.44	2.79	-24.72	15.73
Unlevered Free Cash Flow, 2 Yr. CAGR %	4.71	1.98	2.74	-22.63	15.26
Dividend Per Share, 2 Yr. CAGR %	-21.62	5.53	-7.24	-37.73	-5.56
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	2.07	5.1	-0.33	-1.84	3.41
Gross Profit, 3 Yr. CAGR %	0.14	3.07	3.64	-6.86	-0.01
EBITDA, 3 Yr. CAGR %	5.28	2.9	1.05	-2.54	0.35
EBITA, 3 Yr. CAGR %	4.53	6.54	6.15	-12.08	-0.47
EBIT, 3 Yr. CAGR %	5.03	7	6.15	-12.08	-0.47
Earnings From Cont. Operations, 3 Yr. CAGR %	-3.8	-6.03	-4.5	-24.82	-2.65
Net Income, 3 Yr. CAGR %	-3.8	-6.03	-4.5	-24.82	-2.65
Normalized Net Income, 3 Yr. CAGR %	6.64	11.21	9.9	-21.31	-2.92
Diluted EPS Before Extra, 3 Yr. CAGR %	-3.8	-6.03	-4.5	-24.82	-2.65
Accounts Receivable, 3 Yr. CAGR %	-3.73	1.91	-6.86	-1.46	-16.88
Inventory, 3 Yr. CAGR %	-1.5	-10.81	15.1	48.16	27.19
Net Property, Plant and Equip., 3 Yr. CAGR %	11.47	11.53	-0.2	0.45	-1.59
Total Assets, 3 Yr. CAGR %	5.68	0.39	2.79	0.77	-2.1
Tangible Book Value, 3 Yr. CAGR %	3.76	4.36	3.82	2.66	2.81
Common Equity, 3 Yr. CAGR %	3.64	4.25	3.83	2.48	2.63
Cash From Operations, 3 Yr. CAGR %	41.47	19.38	12.61	-5.32	17.13
Capital Expenditures, 3 Yr. CAGR %	-39.04	-19.47	-7.36	17.89	-10.33
Levered Free Cash Flow, 3 Yr. CAGR %	-7.6	12.59	-4.93	-9.91	3.13
Unlevered Free Cash Flow, 3 Yr. CAGR %	-7.24	11.74	-4.8	-8.67	3.29
Dividend Per Share, 3 Yr. CAGR %	-18.69	-11.21	-5.61	-23.83	-12.35
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	1.83	1.76	0.87	1.24	2.86
Gross Profit, 5 Yr. CAGR %	-3.46	-2.87	0.52	-2.2	1.5
EBITDA, 5 Yr. CAGR %	2.61	1.44	2.66	0.71	0.77
EBITA, 5 Yr. CAGR %	-3.96	-4.73	2.13	-2.33	2.3
EBIT, 5 Yr. CAGR %	-3.46	-4.37	2.43	-2.07	2.3
Earnings From Cont. Operations, 5 Yr. CAGR %	-7.32	-11.65	-5.37	-15.33	-5.24
Net Income, 5 Yr. CAGR %	-7.32	-11.65	-5.37	-15.33	-5.24
Normalized Net Income, 5 Yr. CAGR %	-5.2	-5.76	2.95	-5.98	3.06
Diluted EPS Before Extra, 5 Yr. CAGR %	-7.32	-11.65	-5.37	-15.33	-5.24
Accounts Receivable, 5 Yr. CAGR %	5.74	10.03	-7.38	-2.81	-6.71
Inventory, 5 Yr. CAGR %	-6.39	-6.24	6.09	16.95	18.67
Net Property, Plant and Equip., 5 Yr. CAGR %	10.77	6.86	7.94	7.16	-2.28
Total Assets, 5 Yr. CAGR %	4.22	2.28	4.01	1.08	-0.62
Tangible Book Value, 5 Yr. CAGR %	2.79	3.05	3.35	3.56	3.52
Common Equity, 5 Yr. CAGR %	2.63	2.95	3.27	3.39	3.43
Cash From Operations, 5 Yr. CAGR %	31.98	38.6	25.87	14.46	8.61
Capital Expenditures, 5 Yr. CAGR %	-13.19	-46.41	-25.84	-4.69	-8.84
Levered Free Cash Flow, 5 Yr. CAGR %	7.55	5.68	-3.58	-4.15	2.85
Unlevered Free Cash Flow, 5 Yr. CAGR %	7.31	5.43	-3.37	-3.54	2.77
Dividend Per Share, 5 Yr. CAGR %	-15.87	-14.3	-14.29	-22.96	-5.59