Analysis For 2Q20 and 6M20 P a g e | 8 As of 30 June 2020, the Company had Interest bearing debt to equity attributable to owners of the Company (IBD/E) ratio at 3.20 times and IBD/E ratio excluding TFRS 16
, the company’s financial position remains strong with low debt-to-equity ratio and high current ratio. Global Green Chemicals Public Company Limited Management Discussion and Analysis | 4 Operating
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
equity ratio as at 30 September 2017 is 2.2:1, increased from the ratio as at 31 December 2016 at rate of 1.6:1. It resulted from the increase in short-term loans from financial institutions. Liquidity
borrowing from financial institutions during the period 2018. Debt-to-equity ratio improved to 2.34 at end 2018 compared to 3.35 at end of 2017. This improvement was mainly due to (1) decrease in short-term
part of the business plan that MK would like to grow both real estate and rent & service business. The sale transaction helped to reduce the financial burden as well as maintain interest bearing debt
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
December 2017 while debt to equity ratio was at 1.12 time, increased from 0.79 time as of 31 December 2017. Yours sincerely, Pongsarn Klongwathanakith (Pongsarn Klongwathanakith) Chief Financial Officer
institutions increased by Baht 782.8 million. Deferred tax liabilities increased by Baht 30.1 million. As at 30 June 2021, the debt to equity ratio was 0.42 times, the net debt to equity ratio was 0.34 times
newly issued ordinary shares at the offering price of THB 2 per share to the existing shareholders of the company via a Rights Offering (RO) at an offering ratio of every 5 existing ordinary shares for 1