/2018 by 17.2 million baht or an increase of 28.4 percent. This was because the Company can achieve a higher in amount of debt tracking for customers. Also, revenues from commission receive in insurance
. As at March 31, 2019, the consolidated current ratio was 2.06 times, the net debt to equity ratio was low at 0.26 time. The Company and its subsidiaries still had available credit line of the revolving
structure Shareholder Prior to entering into transaction After entering into transaction No. of Shares Ratio (percentage) No. of Shares Ratio (Percentage) The Company 12,149,994 99.999951 35,999,994 99.999983
, decreasing by 8% y-y. However, the Company still maintained effective operating cost control with cost to income ratio at 39% of total revenues. Considering the Company’s separate financial statement, the
Increase (Decrease) 4 Forth Smart Service Public Company Limited (FSMART) 1Q2020 Management Discussion and Analysis Key Financial Ratio As at June 30, 2020, the Company had the current ratio of 0.61, equal
profit in 2Q17. Key Financial Ratio Financial ratio 2Q16 1Q17 2Q17 Current ratio 0.58 0.52 0.54 Debt to Equity ratio 1.53 2.00 1.91 Interest Bearing Debt to Equity ratio 0.40 0.58 0.67 Return on Asset 19.3
, mainly from net profit in 3Q17. Key Financial Ratio Financial ratio 3Q16 2Q17 3Q17 Current ratio 0.51 0.54 0.54 Debt to Equity ratio 1.63 1.91 2.28 Interest Bearing Debt to Equity ratio 0.48 0.67 1.00
to total shareholders’ equity as at 31 December 2016, mainly from net profit in 3Q17. Key Financial Ratio Financial ratio 3Q16 2Q17 3Q17 Current ratio 0.51 0.54 0.54 Debt to Equity ratio 1.63 1.91 2.28
total revenue. The increase was mainly from the continued growth of bad debt recovery that increased 27% y-y. In 2017, the Company had gain on sale of written off receivables in Q4/2017 of 179 million