applying for credit facilities from financial institutions for use as its working capital for business operations. As of September 30, 2018, the Company’ s interest-bearing debt to equity ratio was merely
management, e. g. , deposit with financial institutions, investment in debt instruments, the Company will earn a relatively lower rate of return. Therefore, it was deemed appropriate to change the purposes of
times in 2016. The quick ratio in 2017 was 0.57 times, increased from 2016 at 0.37 times. The cash ratio of the Company was 0.80 time, slightly increased from 2016 of 0.68 time. Short-Term Debt Maturity
percent of the company’s total voting rights. In any case, the trust shall be involved in the management of the said company proportionally to its shareholding. (6)3 the debt instruments issued by the
increased from Baht 88.5 million in 2Q2016, to Baht 111.6 million in 2Q2017 due to the fact that the Company used interest-bearing debt to fund the acquisitions of Utilities and Power projects from WHA Group
-Bearing Debt to Equity ratio was at 0.58x. Subsequent Event: The company obtained right to develop natural gas distribution and retail projects in six Hemaraj industrial estates, starting with the WHA
.2019 cost in an amount of 10.15 million Baht together with the continuous appreciation of the Thai baht and intense competition. Debt to Equity Ratio In 2019, the Company had a ratio of debt to equity
equal ase 71.4 pe 7 6M/2016 5 0.8 9 219.4 5 39.1 2 22.7 0 20.0 .3 million b n baht or a was 651.2 m ncrease due 2017 was 5 t. For 6 mo ncrease 12 from debt al to 322.7 m e Company 0 million b period last
capability to cover debt obligations. The company places an importance to maintain its credit rating to ensures the funding costs are optimal at an appropriate level at BBB+ rating by S&P Global. AIS is
remains strong with low debt-to-equity ratio and high current ratio. Global Green Chemicals Public Company Limited Management Discussion and Analysis | 4 Operating Performance Exhibit 1 : Consolidated