activities. As at June 30, 2020, the consolidated current ratio was 2.20 times, the net debt to equity ratio was low at 0.25 time. As at June 30, 2020, The Company and its subsidiaries still had available

Ratio at 39 times while it was 20 times in the second quarter of 2017, at the same time, the company will continue studying for and finding a suitable solution to improve the company’s debt structure in

แบบแสดงรายการข้อมูลการเสนอขายตราสารหนี้ Form 69-FD-MTN Form 69-FD-MTN : Use for Offers for Sales of Debt Securities under Medium Term Note Program (MTN Program) Part 1 : Form 69-FD-BASE is the

7.55% Total liabilities 106.31 77.17 37.76% Total shareholder’s equity 855.08 810.88 5.45% Net debt to equity (D/E Ratio) 0.12 0.10 - Return on equity (ROE) (%) 13.60% 10.18% - Please be informed

million) 31 DEC 19 31 DEC 18 Change Total assets 1093.46 968.30 12.93% Total liabilities 139.52 106.31 31.24% Total shareholder’s equity 911.06 855.08 6.55% Net debt to equity (D/E Ratio) 0.15 0.12 - Return

earnings. Debt to Equity Ratio The interest-bearing debt of the Company stood at THB 5,551.9mn while cash and cash equivalents stood at THB1,618.8mn. As a result, the debt to equity ratio1 was 0.79times as

of treasury stock, and Bt439.17mn of net profit in 2018. 5 Forth Smart Service Public Company Limited (FSMART) 3Q18 Management Discussion and Analysis Key Financial Ratio Quarter Quarter Quarter 3/2017

consist of operating and administrative expenses, bad debt and doubtful accounts and finance cost. In the first half of 2018, the Company had total consolidated expenses of 7,855 million baht, an increase

represented the Company’s book value per share at 17.61 and debt to equity ratio (D/E ratio) at 0.34 times. Cash Flow As at December 31, 2017, the Company had cash received from the operating activities around

17.69 and debt to equity ratio (D/E ratio) at 0.37 times. Cash Flow As at March 31, 2019, the Company had cash received from the operating activities around 72.70 million baht, fell by 232.53 million baht