This's financial information given of ABC company. Could you give me deeply explane of the Bolt letter that my teacher have shortly explained under topic - "how each factor affect to analyzing qualities of financial report (You don't need to deeply explain letter in normal format, without Bolt (but if it don't disturb you, the deeply explin will be fine ), Thank you so much...

( The pic before I've shorten it because I afraid no one answer due it's long, I've editted it in full form without hide any thing) ,thank you for your time to answer this.

ABD Co.: Financial information					2018	2019	2020	Affect to quality of	Explanation
Current ratio(times)					1.44	1.47	1.5	B/S	more than 1 with increasing trend
Quick ratio(times)					0.62	0.79	0.58	B/S	Less than 1 with fluctuated trend
Cash ratio(times)					0.06	0.04	0.04	B/S	Less than 1 with declining trend
Cash flow from operating activity (Baht)					19,943,652	17,675,432	17,943,657	CF	Positive OCF
Cash flow from investing activity (Baht)					-14,777,065	-18,732,456	-16,234,567
Cash flow from financing activity (Baht)					-9,422,372	-8,235,671	-8,342,009
Net income excluding non-recurring items (Baht)					28,161,315	26,263,890	27,457,821
Inventories turnover(times)					3.99	4.83	4.89	B/S	Good
Accounts receivable turnover(times)					6.48	5.89	5.15	B/S	Bad: Too much for AR
Accounts payable turnover(times)					11.22	12.01	10.96	B/S	Fluctuated trend
Fixed assets turnover(times)					6.77	6.24	6.09	B/S	Bad: Too much for FA
Total assets turnover(times)					1.76	1.88	1.61	B/S	fluctuated trend
Cash dividend paid (Baht)					5,000,000	5,000,000	5,000,000	CF Resulting	OCF can cover cash dividend
Capital expenditure (Baht)					7,798,285	8,237,301	7,832,019	CF Resulting	OCF can cover CAPEX
M-score					-3.48	-4.05	-1.94	Earnings: Reporting	Higher M-score (less negative), higher probabilility of EM. All are lower than cut off -1.78 , so. less likely to manipulate but it is increasing.
Z-score					2.78	2.98	3.17	Earnings: Resulting	2018 & 2019 are inclusive (within grey area -- 1.8 < Z < 3). Only in 2020 is more than 3 (prob. of bankruptcy is low)
Coefficient on earnings persistence model (cash flow component)*					0.272			Earnings: Resulting	Cashflow component is lower than accrual component.
Coefficient on earnings persistence model (accrual component)*					0.325				=> Low earnings quality
* The coefficients are estimated using quarterly data during 2018-2020.
OCF/NI					0.71	0.67	0.65	CF Reporting	Below 1.0 or has declined repeatedly, there may be problems in the companys accrual accounts.
Reinvestment cashflow coverage					2.56	2.15	2.29	CF:Resulting	OCF can cover CAPEX
Dividend payment cashflow coverage					3.99	3.54	3.59	CF:Resulting	OCF can cover cash dividend
Cash					(4,255,785)	(9,292,695)	(6,632,919)