Major Development Public Company Limited - Asset Resilience Ratio
Major Development Public Company Limited (MJD) has an Asset Resilience Ratio of 0.57% as of September 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See working capital to net assets of Major Development Public Company Limited to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2019–2023)
This chart shows how Major Development Public Company Limited's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Major Development Public Company Limited balance sheet assets.
Liquid Assets Composition Over Time
This chart breaks down Major Development Public Company Limited's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore Major Development Public Company Limited strategic investment ratio to see how much of total assets are deployed in long-term investments.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ฿0.00 | 0% |
| Short-term Investments | ฿100.73 Million | 0.57% |
| Total Liquid Assets | ฿100.73 Million | 0.57% |
Asset Resilience Insights
- Limited Liquidity: Major Development Public Company Limited maintains only 0.57% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Major Development Public Company Limited Industry Peers by Asset Resilience Ratio
Compare Major Development Public Company Limited's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Hangzhou Binjiang Real Estate Group Co Ltd
SHE:002244 |
Real Estate - Development | 0.11% |
|
Corporación Inmobiliaria Vesta, S.A.B de C.V.
NYSE:VTMX |
Real Estate - Development | 0.03% |
|
Shenzhen Heungkong Holding Co Ltd
SHG:600162 |
Real Estate - Development | 0.02% |
|
Atrium Ljungberg AB (publ)
ST:ATRLJ-B |
Real Estate - Development | 0.41% |
|
RONESANS GAYRIMENKUL YAT.
IS:RGYAS |
Real Estate - Development | 0.03% |
|
Jinke Property Group Co Ltd
SHE:000656 |
Real Estate - Development | 0.50% |
|
Run Long Construction Co Ltd
TW:1808 |
Real Estate - Development | 1.32% |
|
Consultatio SA
BA:CTIO |
Real Estate - Development | 11.73% |
Annual Asset Resilience Ratio for Major Development Public Company Limited (2019–2023)
The table below shows the annual Asset Resilience Ratio data for Major Development Public Company Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 18.73% | ฿3.25 Billion ≈ $101.42 Million |
฿17.37 Billion ≈ $541.35 Million |
+16.61pp |
| 2020-12-31 | 2.12% | ฿397.90 Million ≈ $12.40 Million |
฿18.76 Billion ≈ $584.84 Million |
+1.28pp |
| 2019-12-31 | 0.84% | ฿165.27 Million ≈ $5.15 Million |
฿19.59 Billion ≈ $610.69 Million |
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About Major Development Public Company Limited
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 develops and sells land, houses, and residential condominium units. The company is also involved in the hotel business; office building space r… Read more