low net debt to EBITDA of 0.8x and decent interest coverage ratio of 16x. Asset turnover: Inventory was well-managed with inventory days declined from 44 days to 22 days due to lower handset stock
remains strong with low debt-to-equity ratio and high current ratio. Global Green Chemicals Public Company Limited Management Discussion and Analysis | 4 Operating Performance Exhibit 1 : Consolidated
bearing debt to EBITDA (x) 3.5 2.2 2.4 Notes: Current ratio (x) = Current assets divided by current liabilities EBITDA to sales revenue (%) = EBITDA divided by sale volume Net profit to sales revenue
bearing debt to EBITDA ratio) (เท่า) หน้ีสินทั้งหมดที่มีภาระดอกเบี้ย / ก าไรก่อนหักดอกเบี้ย ภาษี ค่าเส่ือมราคา และค่าตดัจ าหน่าย (4) ความสามารถในการช าระภาระผูกพนั (debt service coverage ratio : DSCR) (เท่า
และค่าตดัจ าหน่าย / ดอกเบ้ียจ่าย (3) หน้ีสินท่ีมีภาระดอกเบ้ียต่อก าไรก่อน ดอกเบ้ียจ่าย ภาษีเงินได ้ค่าเส่ือมราคา และค่าตดัจ าหน่าย (interest bearing debt to EBITDA ratio) (เท่า) หน้ีสินทั้งหมดท่ีมีภาระ
, Return on Equity ratio at 10.18 percent, Return on Total Assets ratio at 3.81 percent, Debt to Equity ratio at 1.68 times and Interest Bearing Debt to Equity ratio at 1.41 times. * The operational results
of the Company and the subsidiaries, capital increase of the subsidiaries, and the share repurchase of the Company. The appropriate of capital structure The debt to equity ratio as at 31 December 2019
Ratio 12 Months 2019 12 Months 2018 Gross Profit Margin (%) 42.3 43.8 Net Profit Margin (%) 4.3 5.2 Return on Asset (%) 7.9 10.0 Return on Equity (%) 12.3 15.4 Current Ratio (Times) 1.7 1.6 Debt to Equity
) Return on Equity (%) 1.96 5.83 (3.87) The decrease in YE18 net profit. Debt-to-Equity Ratio (x) 0.20 0.09 0.11 The increase in accounts payable, other payable and long-term loan. For more information
shares of Forth Smart Service Public Company Limited (a subsidiary) from the non-controlling interests of the subsidiary. The appropriate of capital structure The debt to equity ratio as at 31 March 2019