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Millionaire Property Fund (BKK:MIPF) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Millionaire Property Fund Debt-to-Equity?

Millionaire Property Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿0.0 Mil. Millionaire Property Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿0.0 Mil. Millionaire Property Fund's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ฿2,335.5 Mil. Millionaire Property Fund's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Millionaire Property Fund's Debt-to-Equity or its related term are showing as below:

BKK:MIPF's Debt-to-Equity is not ranked *
in the REITs industry.
Industry Median: 0.79
* Ranked among companies with meaningful Debt-to-Equity only.

Millionaire Property Fund Debt-to-Equity Historical Data

The historical data trend for Millionaire Property Fund's Debt-to-Equity 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.

* Premium members only.

Millionaire Property Fund Debt-to-Equity Chart

Millionaire Property Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Millionaire Property Fund Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Millionaire Property Fund's Debt-to-Equity

For the REIT - Office subindustry, Millionaire Property Fund's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Millionaire Property Fund's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Millionaire Property Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Millionaire Property Fund's Debt-to-Equity falls into.



Millionaire Property Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Millionaire Property Fund's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Millionaire Property Fund's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Millionaire Property Fund  (BKK:MIPF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Millionaire Property Fund Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Millionaire Property Fund's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Millionaire Property Fund (BKK:MIPF) Business Description

Traded in Other Exchanges
N/A
Address
24 Rama 1 Road, Pathumwan, 989 Siam Piwat Tower, Floor 9, Pathumwan, Bangkok, THA, 10330
Millionaire Property Fund is a close-ended property fund with no maturity date. The objective of the company is to mobilize fund from sale of investment units to purchase and/or lease property and procure benefit from such property.

Millionaire Property Fund (BKK:MIPF) Headlines

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