Page 69 - PSTC - One Report 2023 (EN)

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Power Solution Technologies Public Company Limited
Analysis of Important Financial Ratios
Summary of Important Financial Ratios
Liquidity ratio (times) Quick ratio (times)
Average debt collection period (days) Average sales time (days)
Debt repayment period (days)
Cash cycle (days)
Gross profit margin (percent) Operating profit margin (percent) (1) Net profit margin (percent)
Rate of return on equity (percent)
Return on assets (percent) (1)
Rate of return on fixed assets (percent) (1)
Debt to equity ratio ( times)
Interest coverage ratio (times) (1) Obligation payment ability ratio (times) (1)
(1) The calculation of financial ratios does not include losses from discontinued operations.
Liquidity Ratio
Current Ratio and Quick Ratio
0.71
0.28 58.68
19.22
98.64
(20.74) 7.80
1.91
(5.97)
(2.08) (1.37)
(5.14) 0.36
0.62
0.04
0.56
0.28 68.74
20.15
92.51
(3.63) 8.76
3.28
(10.92)
(3.32) (2.44)
(6.96) 0.36
0.98
0.08
Financial Ratios
2022
2023
Liquidity ratio
Cashflow liquidity ratio (times)
(0.01)
0.01
Profitability ratio (Profitability ratio)
Ratio showing efficiency in operations ( Efficiency ratio)
Financial policy analysis ratio (Financial ratio)
As of December 31, 2023, the Group’sliquidity ratio and a quick ratio are both less than 1. This is mainly due to the Company’s bonds that are due during July 2024 has been classified as current liabilities in the financial statements in the amount of 788.12 million baht. The Company prepares to repay these bonds by issuing new bonds in February 2024.