Major Development Public Company Limited

Thailand Stock Exchange MJD.BK

Major Development Public Company Limited Debt to Equity Ratio for the year ending December 31, 2023: 2.43

Major Development Public Company Limited Debt to Equity Ratio is 2.43 for the year ending December 31, 2023, a 19.12% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Major Development Public Company Limited Debt to Equity Ratio for the year ending December 31, 2022 was 2.04, a 17.38% change year over year.
Major Development Public Company Limited Debt to Equity Ratio for the year ending December 31, 2021 was 1.74, a -7.15% change year over year.
Major Development Public Company Limited Debt to Equity Ratio for the year ending December 31, 2020 was 1.87, a -4.05% change year over year.
Major Development Public Company Limited Debt to Equity Ratio for the year ending December 31, 2019 was 1.95, a -16.41% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Thailand Stock Exchange: MJD.BK

Major Development Public Company Limited

CEO	Ms. Petrada Poolvoralaks
IPO Date	Nov. 27, 2007
Location	Thailand
Headquarters	141 Major Tower
Employees	142
Sector	Finance
Industries Private Equity Construction

Description

Major Development Public Company Limited, together with its subsidiaries, engages in the development and sale of properties in Thailand. The company operates through three segments: Property Development, Hotel Business, and Rental and Service Business. It is also involved in hotel; office building space rental and service; real estate agency, representative, and advisory; condominium juristic person management; and high-end condominium development businesses. The company was founded in 1999 and is headquartered in Bangkok, Thailand.

Key trends

Past 5 years