the quick ratios of 0.55 and 0.70, respectively. The increases were because the Company had less inventories corresponding to the decreased sales values. In its business operation, the Company uses the
2019 Change Reason Liquidity Ratio (x) 5.39 5.85 (0.46) Decreased mainly due to current portion of long-term lease liabilities increasing while asset increased less that liabilities increased. Quick
Liquidity Ratio (x) 5.23 4.53 0.70 Increased mainly due to the decline of account payable, while current asset decreased at slower pace. Quick Ratio (x) 1.63 1.93 (0.30) Decreased from lower cash and cash
strong across-the-board growth. The business sector remained challenged by new modes of competition amid the advancing digital age and the rapid pace of technological advancement, together with the
, wherein the cost of holding a security exceeds the yield earned, which may decelerate fund inflows. To cope with domestic and international economic and political uncertainty, as well as rapid changes in
testing of quality and market capability. However, the rapid change of battery technology nowadays plus the numbers of new competitor in the market, highly priced-competitive environment, may slow down the
innovation to create new business revenues or new S-Curve corresponding to the fast-moving environment of energy and electricity generation sectors and become an energy solution service provider of PTT Group
short-term loan of Baht 14 million. - 6 - (2.7) Financial Ratios Financial Ratios As at December 31, 2018 As at December 31, 2017 Current Ratio (Times) 1.48 1.30 Quick Ratio (Times) 0.65 0.65 Cash flow
, respectively, and the quick ratio are 2.60 times and 4.30 times, - Translation - JKN GLOBAL MEDIA PUBLIC COMPANY LIMITED Management Discussion and Analysis of the Company’s Performance for the nine-month period