Appropriateness of the Funding Structure In 3Q 2019, the Company had total debt to equity ratio of 76.7 times increased from 4Q 2018 at 16.1 times. The interest-bearing debt to equity ratio was 47.9 times
regarding the Interest bearing debt to Equity ratio. The Company continued to focus on enhancing operational efficiency and capabilities, and on improving gross margin rates through the selection and
December 2017, the management still believes that the Company could collect debt from the main customers based on the past experience. Baht Million 30-Dec-13 29-Sep-14 +/(-) +/(-)% Assets Cash, Cash
August 2019). Although the balance of trade accounts receivable increased from the balance as at 31 December 2018, the management still believes that the Company could collect debt from the main customers
) . Although the balance of trade accounts receivable which was overdue by 6 - 12 months increased from the balance as at 31 December 2018, the management still believes that the Company could collect debt from
. The company to borrow more money. as a result, the debt this year has increased. Company milestones in the second quarter of 2020 Purchase of additional ordinary shares in a subsidiary On May 5, 2020
Convening the Extraordinary General Meeting of Shareholders No. 1/2020 To: The President The Stock Exchange of Thailand Enclosure: 1. Debt to Equity Conversion Scheme of Jutha Maritime Public Company Limited
March 31, 2020, the Company’s net interest-bearing debt to equity equal to 0.38x which is under target at 1x and considerably lower than debt covenant at 1.75x. The Company also has cash and short-term
, the company’s financial position remains strong with low debt-to-equity ratio and high current ratio. Global Green Chemicals Public Company Limited Management Discussion and Analysis | 4 Operating