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Tycoons Worldwide Group (Thailand) Plc.
27.3 Fair values of financial instruments
Since the majority of the Group’s financial instruments are short-term in nature or carrying
interest rates close to the market interest rates, their fair value is not expected to be
materially different from the amounts presented in the statements of financial position.
28. Capital management
The primary objective of the Group’s capital management is to ensure that it has appropriate
capital structure in order to support its business and maximise shareholder value. As at
31 December 2024, the Group’s debt-to-equity ratio was 0.41:1 (2023: 0.23:1) and the
Company’s debt-to-equity ratio was 0.43:1 (2023: 0.25:1).
29. Approval of financial statements
These financial statements were authorised for issue by the Company’s Board of Directors
on 27 February 2025.
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