% from lower long-term borrowing. Net debt to EBITDA (excluding lease liabilities and license payable) remained healthy at 0.8x. Total equity was at Bt85,816mn, which increased 4.9% from higher retained
days but the average payable period decreased by 2 days. - 10 - The Corporate Group’s debt service coverage ratio increased from 56.23 times as at end of year 2018 to 80.13 times as at June 30, 2019 due
high level of household debt limiting widespread consumption 2) Escalating trade tension between US and the rest of the world including a slowdown in the Chinese economy which could negatively impact
) 37 42 Inventory Turnover Period (Days) 17 19 Average Payable Period (Days) 17 18 Cash Cycle (Days) 37 43 Total Debt to Equity Ratio (Times) 0.51 0.51 Interest Coverage Ratio (Times) 130.33 72.99 Debt
days but the average payable period was 16 days, which was the same as the end of year 2019. The Corporate Group’s debt service coverage ratio increased from 75.36 times as at end of year 2019 to 92.06
due to lower prices. Net debt to equity is at 0.99 times, well below IVL’s covenants, and supported by stronger operating cash flow. The dividend payout of THB 1.225/share for 2019 remains higher than
Net operating debt to equity at 0.61 times with strong operating cash flow. Dividend payout remain much higher than its stated policy of 30% of net profits. Perpetual debenture of THB 15b refinanced at
payable of Baht 16.47 million and non-current provisions for employee benefits of Baht 10.13 million resulting to the interest-bearing debts to equity ratio and debt to equity ratio was decreased to 0.19
million or 1.8% primarily from the increased of income tax payable of Baht 22.61 million resulting to the interest-bearing debts to equity ratio and debt to equity ratio was decreased to 0.23 and 0.29