Millionaire Property Fund Balance Sheet Health
Financial Health criteria checks 6/6
Millionaire Property Fund has a total shareholder equity of THB2.4B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB2.4B and THB56.8M respectively.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | n/a |
| Cash | ฿295.70m |
| Equity | ฿2.36b |
| Total liabilities | ฿56.84m |
| Total assets | ฿2.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIPF's short term assets (THB309.8M) exceed its short term liabilities (THB12.0M).
Long Term Liabilities: MIPF's short term assets (THB309.8M) exceed its long term liabilities (THB44.8M).
Debt to Equity History and Analysis
Debt Level: MIPF is debt free.
Reducing Debt: MIPF has not had any debt for past 5 years.
Debt Coverage: MIPF has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MIPF has no debt, therefore coverage of interest payments is not a concern.