Assets (%) (0.2) 5.0 Return on Fixed Assets (%) 8.0 36.7 Asset Turnover (Time) 0.5 0.5 Leverage Ratio Debt to Equity (Time) 1.0 0.9 Interest Coverage Ratio (Time) 1.3 3.4 24 ASIA’S BOUTIQUE AIRLINE
Return on Assets (%) (0.6) 2.1 Return on Fixed Assets (%) 6.6 18.3 Asset Turnover (Time) 0.4 0.5 Leverage Ratio Debt to Equity (Time) 1.0 0.9 Interest Coverage Ratio (Time) 1.0 2.1 27 ASIA’S BOUTIQUE
million into our capital structure as of June 30, 2017, the illustrated net interest-bearing debt to equity ratio would be 1.6 times. Development of Solar Projects Pursuant to Notification of the State
together with acquiring additional borrowings for any new investments; whereby it will still be able to maintain overall financial discipline and control a Debt : Equity Ratio at not more than 1.5 times. For
ratio was also close to the target of 42.31 percent. At the same time, our robust capital position was sufficient to cushion against risk, and greater than the Bank of Thailand’s requirement. As evidenced
accelerate in line with domestic car sales. However, commercial banks remained tighten credit standards on loans to SMEs as their concern on a deterioration in debt serviceability especially weak financial
ratio increased from 65.6% to 76.0% in 3M 2020. The increase in cost-to-sales ratio was mainly driven from the full-quarter consolidation of International Advertising segment. VGM’s cost structure is
current assets, investments in associates, and the increase in property, plant & equipment during construction. The details of significant changes was summarized below: Current Assets increased by Baht
liabilities stood at THB 7,174.9mn • Debt to Equity ratio stood at 1.04 times as of 31 December 2019, decreased from 1.14 times as at end of 2018 Change in accounting policies and reclassification in 2019