Our Approach to Financial Analysis
We built this methodology over years of working directly with Thai businesses. It's not theoretical—every step comes from actual challenges we've helped companies solve.
Financial statement analysis should reveal opportunities, not just report numbers. That's what drives our work with clients across Bangkok and beyond.
Progressive Analysis Framework
Foundation Review
We start with understanding your business context. What industry patterns matter? What seasonal factors affect your cash flow? Before diving into numbers, we need to grasp what makes your business tick.
Initial phase, typically 2-3 sessionsStatement Deep Dive
This is where we examine balance sheets, income statements, and cash flow documents. Not just checking boxes—we look for relationships between line items that reveal underlying patterns or potential concerns.
Core analysis phase, 4-6 weeksRatio Analysis & Benchmarking
Numbers mean more when compared to something. We calculate key ratios and benchmark them against industry standards relevant to the Thai market. Quick ratio, debt-to-equity, inventory turnover—these tell stories when properly contextualized.
Comparative assessment, ongoing processInsight Development
Raw analysis doesn't help much unless translated into decisions. We work with you to identify what the numbers suggest about operational efficiency, financial health, and strategic positioning. This becomes the foundation for planning.
Strategic phase, iterative throughout engagementCore Analysis Components
Our methodology breaks down into specific focus areas. Each component addresses different aspects of financial health, and together they provide a comprehensive view of business performance.
Liquidity Assessment
Can your business meet short-term obligations? We examine current assets versus current liabilities, cash conversion cycles, and working capital management.
- Current ratio evaluation
- Cash flow timing analysis
- Working capital trends
- Payment cycle optimization
Profitability Metrics
Where does money come from, and where does it go? We track margin trends, cost structures, and revenue quality to understand profit sustainability.
- Gross margin analysis
- Operating efficiency review
- Cost behavior patterns
- Revenue stream breakdown
Leverage & Solvency
How much debt makes sense for your situation? We evaluate debt levels, interest coverage, and long-term financial stability to assess risk exposure.
- Debt structure examination
- Interest coverage ratios
- Equity position review
- Capital allocation patterns
Operational Efficiency
Are resources being used effectively? We look at asset turnover, inventory management, and receivables collection to identify operational improvements.
- Asset utilization rates
- Inventory management efficiency
- Receivables collection speed
- Resource allocation review
Growth Analysis
What does sustainable growth look like for your business? We examine historical trends and capacity constraints to inform realistic planning.
- Revenue growth patterns
- Market position trends
- Capacity utilization
- Investment requirements
Risk Identification
Every business faces financial risks. We help identify vulnerabilities in your financial structure and develop approaches to manage them.
- Concentration risk assessment
- Currency exposure review
- Operational dependencies
- Market sensitivity analysis
Who Guides This Process
Kasem Thongprasert
Senior Financial AnalystI've worked with manufacturing and retail businesses across Bangkok for over a decade. Most of my time goes into helping companies understand what their financial statements actually mean for day-to-day decisions.
Specialty: Cash flow optimization and working capital management for Thai SMEs
Wichit Saengchote
Risk Assessment SpecialistMy background is in identifying financial vulnerabilities before they become problems. I focus on helping businesses understand their exposure to market changes and operational risks specific to Thailand's business environment.
Specialty: Leverage analysis and financial risk mitigation strategies
Ready to Apply This Approach?
Our next intake for comprehensive financial analysis programs begins in September 2025. If you want to understand how this methodology could work for your business, let's talk.
Schedule a Consultation