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Millionaire Property Fund (BKK:MIPF) Interest Expense : ฿0.0 Mil (TTM As of Mar. 2024)


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What is Millionaire Property Fund Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Millionaire Property Fund's interest expense for the three months ended in Mar. 2024 was ฿ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ฿0.0 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. Millionaire Property Fund's Operating Income for the three months ended in Mar. 2024 was ฿ 33.1 Mil. Millionaire Property Fund's Interest Expense for the three months ended in Mar. 2024 was ฿ 0.0 Mil. Millionaire 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.


Millionaire Property Fund Interest Expense Historical Data

The historical data trend for Millionaire 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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Millionaire Property Fund Interest Expense Chart

Millionaire Property Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
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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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Millionaire 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 ฿0.0 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.


Millionaire Property Fund  (BKK:MIPF) 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.

Millionaire Property Fund's Interest Expense for the three months ended in Mar. 2024 was ฿0.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ฿33.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ฿0.0 Mil.

Millionaire Property Fund's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Millionaire Property Fund had no long-term debt (1).

* 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.

Good Sign:

Millionaire Property Fund has no debt.


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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