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Major Development PCL (BKK:MJD-R) Interest Expense : ฿-427 Mil (TTM As of Mar. 2025)


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What is Major Development PCL Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Major Development PCL's interest expense for the three months ended in Mar. 2025 was ฿ -122 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ฿-427 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. Major Development PCL's Operating Income for the three months ended in Mar. 2025 was ฿ 44 Mil. Major Development PCL's Interest Expense for the three months ended in Mar. 2025 was ฿ -122 Mil. Major Development PCL's Interest Coverage for the quarter that ended in Mar. 2025 was 0.36. 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.


Major Development PCL Interest Expense Historical Data

The historical data trend for Major Development 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.

Major Development PCL Interest Expense Chart

Major Development PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -490.14 -587.29 -504.31 -427.00 -400.81

Major Development PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Expense 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 -96.55 -98.84 -99.10 -106.31 -122.40

Major Development 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-427 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.


Major Development PCL  (BKK:MJD-R) 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.

Major Development PCL's Interest Expense for the three months ended in Mar. 2025 was ฿-122 Mil. Its Operating Income for the three months ended in Mar. 2025 was ฿44 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2025 was ฿6,816 Mil.

Major Development PCL's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*43.784/-122.399
=0.36

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Major Development PCLs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Major Development PCL Business Description

Traded in Other Exchanges
Address
Sukhumvit Road, 141 Soi Sukhumvit 63 (Ekamai), Klongton Nua, Wattana, Bangkok, THA, 10110
Major Development PCL is a Thailand-based real estate company. The operating segments of the group are the Property development business segment; the Hotel business segment and the Rental and service business segment. It derives prime revenue from the Property development business segment which engages in the development of land and houses and residential condominium units for sale. The group primarily operates in Thailand.

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