portfolio from short-term to long-term. As a result, non-current liabilities increased of 132.60 million baht. The Company's debt to equity ratio as at 30 September 2020 is 1.77 times. (as at 31 December 2019
around US$2.2B in Mar21 and operating cash flow of US$201M in 1Q21, IVL is well positioned. During the quarter, net debt reduced by US$148M with improved performance. Our net operating debt to equity has
due to expenses related to Covid-19 such as Antigen test kits, protection equipment, donation and also expenses of the two new proton showrooms in Malaysia which started the operation in Q4 2020. There
Company’s working capital as well as current portion of long-term loan from the Company’s investments. If excluding LQSF, current ratio would be 0.78x. Interest-bearing Debt to Equity (Times) As at 30 June
17,58521,651 31-Mar-1831-Dec-17 Current Liabilities L/T Debt (included current portion of L/T debt) Non Current Liabilities Total Equity 114,110 109,391 114,110 109,391 Management Discussion and Analysis of
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
ratio, however, decreased from 41.1% to 39.6% primarily as a result of improved operational efficiency and cost management especially in Outdoor media business. Consequently, the gross profit was up 26.7
22.2%. The decrease was mainly due to the transfer of cost of property development to movable investment property, which is fixed assets. (2) Debt to Equity Ratio The Company has debt to equity ratio as
issuance of 205mn ordinary shares at an offering price of the THB 1.60 per share, to the existing shareholders at a ratio of 10 existing ordinary shares for 1 newly issued ordinary shares. The Company has
by 5% every 5 years since May 2012), costs related to the launch of 35 digital billboards and full year consolidation of Co-Mass by MACO. Cost-to-sales ratio, however, decreased to 36.4% from 41.8