-to-income ratio excluding loss from sale of foreclosed assets and loss from revaluations stood at 47.8% for 1Q18 comparing to 47.2% yoy. Bad debts and doubtful accounts and loss on debt restructuring

investments and loans. Meanwhile, NPL to total loans stood at 3.53 percent, while coverage ratio was equal to 153.58 percent. At the same time, capital adequacy ratio (CAR) of KASIKORNBANK FINANCIAL

result, the Company's debt to equity ratio increased from 1.46 times to 1.57. The company is considering extending its debt-to-equity ratio to the commercial banks. For the purpose of considering

short term loan increase. Whereas, shareholders’ equity stood at 915.6 million baht.. The Company debt to equity ratio stood at 1.74 times and interest bearing debt to equity ratio was 1.49 times. Forward

Syndicate Public Company Limited (the “Company”) and its subsidiaries hereby submit the Financial Statements for the 3 months period and 9 months period, ending September 30, 2017 and 2016, together with the

. Financial Ratio Financial Ratio As of September 30, 2018 Liquidity Ratio (times) 20.61 Cash Conversion Cycle (days) 315.23 Debt to Equity Ratio (times) 0.06 Return on Equity - ROE (%) 4.70 Return on Assets

December 31, 2019. Debt to equity ratio also increased to 1.2 from 0.7 times as of December 31, 2019, accordingly. Yours sincerely, Pongsarn Klongwathanakith (Pongsarn Klongwathanakith) Chief Financial

to income ratio at 37% of total revenues. Considering the Company’s separate financial statement, the operating and administrative expenses as a percentage of revenues represented 35% in the third

as last year. Considering the Company’s separate financial statement, the operating and administrative expenses as a percentage of revenues represented 39% in the first quarter of 2019. - Bad debt and

revenue (%) 23.59% 28.33% Performance Ratio Return on Equity (ROE) (%) 9.74% 10.71% Return on Assets (ROA) (%) 5.06% 5.64% Capital Structure and Debt Ratio Debt to Equity ratio (time) 0.94 0.88 Debt Service