Company still had current ratio 1.34 times and debt to equity ratio 0.38 times, shown that its sufficient liquidity and strong financial position. Please be informed accordingly, Yours Sincerely, DOD
No: AH 03052021 May 17, 2021 Subject: Management Discussion & Analysis (MD&A) for the financial statements of the 1st quarter of fiscal year 2021 ended as of March 31, 2021 To: The President The Stock
not exceed the ratio as prescribed in Clause 13, unless in case of the offer for sale of convertible bonds [i] by the applicant in need of financial supports or [ii] for the purpose of debt
Appropriateness of the Funding Structure In 3Q 2019, the Company had total debt to equity ratio of 76.7 times increased from 4Q 2018 at 16.1 times. The interest-bearing debt to equity ratio was 47.9 times
well. However, the commercial banks are tightening measures for credit undertaking with the worries on debt serviceability. Although, Thai commercial banking systems remained resilient as banks continued
warrants issued 1,711,334,815 units Exercise ratio 1 VGI-W2 to 1 ordinary share of VGI Exercise price THB 10.00 Terms 4 years Exercise period Quarterly Issuance date 11 September 2018 Expiration date 10
, as the result of the Company's operation in compliance to TFRS16. However, it provides no significant effects to Debt to Equity ratio and liability ratio. The Company had total shareholders' equity of
Liquidity Ratio Current Ratio (Time) 1.9 2.0 Quick Ratio (Time) 4.1 4.7 Collection Period (Day) 20.4 21.4 Stock Turnover Period (Day) 7.8 6.2 Payment Period (Day) 33.6 33.8 Profitability Ratio Gross Profit