Analysis of Financial Ratios of Thai National Football Shirt Production Companies

Waraporn Suksanchananun; Suradetch  Wangthong; Gunyanuch  Kittipongpittaya

doi:10.55927/ijbae.v2i4.5188

Authors

Waraporn Suksanchananun School of Management Science, Sukhothai Thammathirat Open University
Suradetch Wangthong School of Management Science, Sukhothai Thammathirat Open University
Gunyanuch Kittipongpittaya School of Management Science, Sukhothai Thammathirat Open University

DOI:

https://doi.org/10.55927/ijbae.v2i4.5188

Keywords:

Analysis, Thai National Football Shirt Production Companies, Financial Ratios

Abstract

The purpose of this study was to analyze the financial status of the performance sports clothing industry. The sample group used a specific random method for the company that produces Thai national football team shirts. The tools used in the study were an analysis of financial ratios using secondary data from the annual financial statements of Thai national football shirt manufacturing companies from 2021 to 2022. The study found that the overall performance of the company was satisfactory, with the proportion of non-current assets significantly decreasing, equity increasing to a level that exceeds liabilities, and the ability to control selling and administrative expenses improving by leaps and bounds. The company's net profit has increased, the liquidity ratio has increased, the efficiency ratio for accounts receivable has decreased, the efficiency of inventory has improved, total assets and fixed assets have improved, and the debt service coverage ratio has also improved.

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