institutions decreased by 298.2 million Baht due to the Company and its subsidiaries returning the short-term debt to financial institutions. 2. Trade and other payables decreased by 103.6 million Baht due to
Company has strictly upheld the financial discipline, maintain the debt-to-equity ratio, increase cash on hand, increase an overdraft and control operational costs to minimize management costs. Financial
financial institutions. Especially those with unsecured debt which the said purchase of non-performing debt. In the late period, JMT will begin to collect cash flow from the new portfolio acquired at the
the financial risk perspective, despite the higher debt ratio stemming from increased loans and lower shareholder equity, the ratio was nonetheless at relatively low level. The interest coverage ratio
’ equity as mentioned above. For the financial risk perspective, despite the higher debt ratio comparing to previous year, the ratio was nonetheless at relatively low level. Interest coverage ratio (EBITDA
addition, the significant improvement of return on equity was from the decrease of shareholders’ equity as mentioned above. For the financial risk perspective, despite the higher debt ratio comparing to
an existing plant. Source of Financial Capital As the group as no interest bearing debt and operating working capital is positive the groups funding is from the shareholders equity. Major Factors which
borrowing from financial institutions during the period 2018. Debt-to-equity ratio improved to 2.34 at end 2018 compared to 3.35 at end of 2017. This improvement was mainly due to (1) decrease in short-term
continuously the revenues as planned whereby reduce further its debts by repaying these to the financial institutions, the debt to equity ratio may decrease further by year end 2017. 7 2017 MD&A: PACE