Mfc-Nichada Thani Property Fund (BKK:MNIT) Interest Expense : ฿0.00 Mil (TTM As of Mar. 2024)

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What is Mfc-Nichada Thani Property Fund Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mfc-Nichada Thani Property Fund's interest expense for the three months ended in Mar. 2024 was ฿ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ฿0.00 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Mfc-Nichada Thani Property Fund's Operating Income for the three months ended in Mar. 2024 was ฿ 5.08 Mil. Mfc-Nichada Thani Property Fund's Interest Expense for the three months ended in Mar. 2024 was ฿ 0.00 Mil. Mfc-Nichada Thani Property Fund has no long-term debt ⁽¹⁾. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Mfc-Nichada Thani Property Fund Interest Expense Historical Data

The historical data trend for Mfc-Nichada Thani Property Fund's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mfc-Nichada Thani Property Fund Interest Expense Chart

Mfc-Nichada Thani Property Fund Annual Data

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Interest Expense

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Mfc-Nichada Thani Property Fund Quarterly Data
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Mfc-Nichada Thani Property Fund Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿0.00 Mil.

Mfc-Nichada Thani Property Fund (BKK:MNIT) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Mfc-Nichada Thani Property Fund's Interest Expense for the three months ended in Mar. 2024 was ฿0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was ฿5.08 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿0.00 Mil.

Mfc-Nichada Thani Property Fund's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Mfc-Nichada Thani Property Fund had no long-term debt ⁽¹⁾.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Mfc-Nichada Thani Property Fund has no debt.

Mfc-Nichada Thani Property Fund (BKK:MNIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mfc-Nichada Thani Property Fund (BKK:MNIT) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Ratchadapisek Road, Ground Floor & 21st-23rd Floor, 199 Column Tower, Klongtoey, Bangkok, THA, 10110

Website

https://www.mfcfund.com

Mfc-Nichada Thani Property Fund is a close-ended property fund with no maturity date. The fund's objective is to use the proceeds from the sale of investment units to invest in properties for residential buildings including land and private houses for a living, which is in Amphur Pakkred, Nonthaburi. It operates under one segment namely Rental of Properties in Thailand. The Fund has invested (freehold) in the Lakeshore-North Apartment Building - an apartment for rent, Lakeshore-West Apartment Building - an apartment for rent, Land with units of two-storeyed private houses of Raintree Residence Project and Land with units of two-storeyed private homes of Sunshine Place Project. All assets are located in the Nichada Thani Project.

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