Investor Presentaiton
Financial Status (As of Mar 31,2020)
Interest Bearing Debt: THB 386,744 m
(THB, m)
386,744
288,710*
328,452* 331,107*
Net Debt to Equity & Net Debt to EBITDA
Net D/E
1.4x
1.4x
1.3x
1.2x
2017
2018
2019
1Q20
2017
2018
2019
1Q20
Cash and Cash Equivalent
Net D/EBITDA
(THB, m)
79,847
31,478
32,094
22,972
8.2x
7.6x
6.4x
5.6x
2017
2018
2019
1Q20
Current
2017
2018
2019
1020*
Portion,
14%
Bond,
33%
S/T Loan,
36%
L/T Loan,
17%
Bond Rating "A+" with "Negative" Outlook
by Tris Rating Co., Ltd
Remark: Net Debt = Interest Bearing Debt - Cash and Cash Equivalents
EBITDA = Revenue from Sales of Goods - Cost of Sales of Goods + Other Income - Selling
Expense - Administrative Expense - Other Expense + Gain (Loss) from Foreign Exchange + Gain
(Loss) on sales of property, plant & equipment+ Depreciation & Amortization + Depreciation of
biological asset
Cost of
2017
2018
2019
1Q20
Debts
3.84%
4.02%
3.90%
3.52%
* LTM basis
*Remark: Adjusted to exclude lease liabilities according to TFRS16 for comparison purpose
P.14View entire presentation