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Major Cineplex Lifestyle Leasehold Property Fund (BKK:MJLF) Interest Coverage : 84.72 (As of Mar. 2025)


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What is Major Cineplex Lifestyle Leasehold Property Fund Interest Coverage?

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 by its Interest Expense. Major Cineplex Lifestyle Leasehold Property Fund's Operating Income for the three months ended in Mar. 2025 was ฿56.1 Mil. Major Cineplex Lifestyle Leasehold Property Fund's Interest Expense for the three months ended in Mar. 2025 was ฿-0.7 Mil. Major Cineplex Lifestyle Leasehold Property Fund's interest coverage for the quarter that ended in Mar. 2025 was 84.72. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Major Cineplex Lifestyle Leasehold Property Fund has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Major Cineplex Lifestyle Leasehold Property Fund's Interest Coverage or its related term are showing as below:

BKK:MJLF' s Interest Coverage Range Over the Past 10 Years
Min: 13.96   Med: 5036.67   Max: No Debt
Current: 78.17


BKK:MJLF's Interest Coverage is ranked better than
86.64% of 711 companies
in the REITs industry
Industry Median: 2.84 vs BKK:MJLF: 78.17

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


Major Cineplex Lifestyle Leasehold Property Fund Interest Coverage Historical Data

The historical data trend for Major Cineplex Lifestyle Leasehold Property Fund's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No 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.

* Premium members only.

Major Cineplex Lifestyle Leasehold Property Fund Interest Coverage Chart

Major Cineplex Lifestyle Leasehold Property Fund Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.96 46.49 54.86 55.83 73.34

Major Cineplex Lifestyle Leasehold Property Fund Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.46 69.86 73.55 86.50 84.72

Competitive Comparison of Major Cineplex Lifestyle Leasehold Property Fund's Interest Coverage

For the REIT - Retail subindustry, Major Cineplex Lifestyle Leasehold Property Fund's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


Major Cineplex Lifestyle Leasehold Property Fund's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Major Cineplex Lifestyle Leasehold Property Fund's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Major Cineplex Lifestyle Leasehold Property Fund's Interest Coverage falls into.


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Major Cineplex Lifestyle Leasehold Property Fund Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


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

Major Cineplex Lifestyle Leasehold Property Fund's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Major Cineplex Lifestyle Leasehold Property Fund's Interest Expense was ฿-3.2 Mil. Its Operating Income was ฿231.2 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿34.6 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*231.176/-3.152
=73.34

Major Cineplex Lifestyle Leasehold Property Fund's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Major Cineplex Lifestyle Leasehold Property Fund's Interest Expense was ฿-0.7 Mil. Its Operating Income was ฿56.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ฿21.9 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*56.084/-0.662
=84.72

* 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.

The higher the ratio, the stronger the company's Financial Strength is.


Major Cineplex Lifestyle Leasehold Property Fund  (BKK:MJLF) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Major Cineplex Lifestyle Leasehold Property Fund Interest Coverage Related Terms

Thank you for viewing the detailed overview of Major Cineplex Lifestyle Leasehold Property Fund's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Major Cineplex Lifestyle Leasehold Property Fund Business Description

Traded in Other Exchanges
N/A
Address
1839 Phaholyothin Road, Ladyao, Jatuchak, Bangkok, THA, 10900
Major Cineplex Lifestyle Leasehold Property Fund is a closed-end property fund. The fund operates in only one business segment which is the Investment in Property and the business is only operated in Thailand.

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