Major Development Public Company Limited Asset Resilience Ratio
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 how many days can Major Development Public Company Limited fund operations to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Major Development Public Company Limited (2019–2023)
Asset resilience ratio of Major Development Public Company Limited from 2019 to 2023. This chart shows how Major Development Public Company Limited's Asset Resilience Ratio has changed over time. Read Major Development Public Company Limited (MJD) financial obligations for a breakdown of total debt and financial obligations.
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. For the complete balance sheet picture, see MJD current and non-current assets.
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 |
|---|---|---|
|
Poly Real Estate Group Co Ltd
SHG:600048 |
Real Estate - Development | 0.05% |
|
Greentown China Holdings Limited
F:G7C |
Real Estate - Development | 0.00% |
|
Atrium Ljungberg AB (publ)
ST:ATRLJ-B |
Real Estate - Development | 0.41% |
|
Shanghai Industrial Development Co Ltd
SHG:600748 |
Real Estate - Development | 0.03% |
|
Metro Investment Development Co Ltd
SHG:600683 |
Real Estate - Development | 1.18% |
|
Atal SA
WAR:1AT |
Real Estate - Development | -3.01% |
|
China Union Holdings Ltd
SHE:000036 |
Real Estate - Development | 9.54% |
|
Consultatio SA
BA:CTIO |
Real Estate - Development | 11.73% |
Major Development Public Company Limited Asset Resilience Ratio by Year (2019–2023)
Major Development Public Company Limited asset resilience ratio by year from 2019 to 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