of debt in later on its outstanding debts had successfully converted debt-to-equity in 3rd Quarter of 2017. Statement of financial positions  Total assets As of 31 March 2018, the Company has total

disclosed to the SET. 3.3 Rationale and background of the transaction Currently, the Company encounters the situation of the lack of financial liquidity and the cash flow for the debt repayment and the

bearing debt ratio) (7) อัตราสวนหนี้สินที่มีภาระดอกเบี้ยท่ีครบกําหนดภายใน 1 ป ตอหน้ีสินที่มีภาระ ดอกเบี้ยท้ังหมด (8) อัตราสวนเงินกูยืมจากสถาบันการเงินตอหน้ีสินรวม * ในกรณีท่ี key financial ratio ราย

(1) อัตราส่วนหนี้สินสุทธิต่อก าไรก่อนดอกเบี้ยจ่าย ภาษีเงินได้ค่าเสื่อมราคา และค่าตัดจ าหน่าย (net debt to EBITDA ratio) (2) อัตราส่วนความสามารถในการช าระดอกเบี้ย (interest coverage ratio) (3) อัตราส่วน

financial assets and inventories. Total liabilities decreased by 435.6 Baht million; largely from decrease in interest bearing debt. Total shareholders’ equity increased by Baht 619.8 million from profit

liabilities, repayment of long term loan and long term lease liabilities from related party. 20 ASIA’S BOUTIQUE AIRLINE Summary Consolidated Financial and Ratio As at 31 March 2020 2019 Liquidity Ratio Current

the parent for the three-month period ended 31 March 2020 Key financial ratios o Debt to Equity ratio (D/E) as of 31 March 2020 was 2.03 times with similar to last year ended 31 December 2019. o

Public Company Limited Q3’18 and 9M18 Management Discussion & Analysis 14 November 2018 Q3’18 and 9M18 Management Discussion & Analysis Page 6/7 Financial Ratio Analysis Q3’18 Q3’17 9M18 9M17 Profitability

ratio of 13.3 times as compared to 17.8 times in 2016. The interest bearing debt to equity ratio was 8.9 times compare to 13.1 times in 2016. This was mainly due to the decrease in net loans while the

30, 2018. The company has dividend payment was 11.2 million baht and Long-term loans from financial institutions was 7.5 million baht Date 30 June 2018 31 December 2017 Current Ratio 3.5 3.6 Debt to