the Funding Structure In 2018, the Company had total debt to equity ratio of 16.1 times, as compared to 13.3 times in 2017. The interest- bearing debt to equity ratio was 10.8 times as compared to 8.9
equity. Appropriateness of the Funding Structure In 2018, the Company had total debt to equity ratio of 16.1 times, as compared to 13.3 times in 2017. The interest- bearing debt to equity ratio was 10.8
price such as book-building etc. Disclose any statistics or financial ratios such as price-earning ratio, dividend yield or other means of calculation suitable for the industry used as a basis for
result of the foregoing, net interest-bearing debt to equity ratio significantly improved from 4.1 times as of December 31, 2016 to 1.5 times as of September 30, 2017. FINANCIAL POSITION 31-Dec-2016 30-Sep
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