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Mida Assets PCL (BKK:MIDA) Interest Expense : ฿0 Mil (TTM As of Mar. 2024)


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What is Mida Assets PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mida Assets PCL's interest expense for the three months ended in Mar. 2024 was ฿ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ฿0 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. Mida Assets PCL's Operating Income for the three months ended in Mar. 2024 was ฿ -22 Mil. Mida Assets PCL's Interest Expense for the three months ended in Mar. 2024 was ฿ 0 Mil. GuruFocus does not calculate Mida Assets PCL's interest coverage with the available data. 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.


Mida Assets PCL Interest Expense Historical Data

The historical data trend for Mida Assets PCL'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.

* Premium members only.

Mida Assets PCL Interest Expense Chart

Mida Assets PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
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Mida Assets PCL 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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Mida Assets PCL 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 Mil.

* 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.


Mida Assets PCL  (BKK:MIDA) Interest Expense Explanation

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. The higher, the better.

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

Mida Assets PCL's Interest Expense for the three months ended in Mar. 2024 was ฿0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ฿-22 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿890 Mil.

Mida Assets PCL's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

GuruFocus does not calculate Mida Assets PCL's interest coverage with the available data.

* 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.


Mida Assets PCL (BKK:MIDA) Business Description

Traded in Other Exchanges
N/A
Address
267 Charansanitwong Road, Bang-Or, Bangplad, Bangkok, THA, 10700
Mida Assets PCL is a Thailand-based company engaged in different businesses such as sales of merchandises and hire-purchases financing for electronic equipment and used cars, real estate development, hotel operations services and management, golf course rental, agency for sale of real estate, advertising, public relation and events organizing services, providing financial services, management of non-performing assets and security guard services. Its segments include Hire-purchase business, Real estate development, Hotel operation, Agency for sale real estate, and Advertising, public relation, and events services, of which key revenue is derived from the Hire-purchase business. The group has a business presence in Thailand and other countries.

Mida Assets PCL (BKK:MIDA) Headlines

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