Muangthai Capital PCL (BKK:MTC) Credit Losses Provision : ฿3,838 Mil (As of Mar. 2024)

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What is Muangthai Capital PCL Credit Losses Provision?

Muangthai Capital PCL's credit losses provision for the three months ended in Mar. 2024 was ฿858 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was ฿3,838 Mil.

Muangthai Capital PCL's quarterly credit losses provision increased from Sep. 2023 (฿965 Mil) to Dec. 2023 (฿998 Mil) but then declined from Dec. 2023 (฿998 Mil) to Mar. 2024 (฿858 Mil).

Muangthai Capital PCL's annual credit losses provision increased from Dec. 2021 (฿748 Mil) to Dec. 2022 (฿2,433 Mil) and increased from Dec. 2022 (฿2,433 Mil) to Dec. 2023 (฿3,934 Mil).

Muangthai Capital PCL Credit Losses Provision Historical Data

The historical data trend for Muangthai Capital PCL's Credit Losses Provision 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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Muangthai Capital PCL Credit Losses Provision Chart

Muangthai Capital PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Credit Losses Provision

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554.21

291.12

747.99

2,433.23

3,934.32

Muangthai Capital PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Credit Losses Provision	Get a 7-Day Free Trial															953.99	1,016.72	965.42	998.20	858.14

Muangthai Capital PCL Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision 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 ฿3,838 Mil.

Muangthai Capital PCL (BKK:MTC) Business Description

Industry

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MTC-F:Thailand

Address

No. 332/1 Charansanitwong Road, Bangplad, Bangplad, Bangkok, THA, 10700

Website

https://www.muangthaicap.com

Muangthai Capital PCL primarily provides loans to consumers in Thailand. The company makes both unsecured personal loans as well as secured loans for specific items. Muangthai's secured loans are generally for cars, motorcycles, agricultural equipment, or land that then serve as collateral. Roughly 85% of the company's total revenue is from interest and fees on the loans, and nearly all the company's revenue is attributable to loans. A very small portion of revenue comes from the company's insurance brokerage business. Muangthai operates exclusively in Thailand.