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Aims Property Securities Fund (SGX:BVP) Interest Coverage : No Debt (1) (As of Dec. 2023)


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What is Aims Property Securities Fund Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Aims Property Securities Fund's Operating Income for the six months ended in Dec. 2023 was S$-0.57 Mil. Aims Property Securities Fund's Interest Expense for the six months ended in Dec. 2023 was S$0.00 Mil. Aims Property Securities Fund has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Aims Property Securities Fund has no debt.

(1) Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Aims Property Securities Fund's Interest Coverage or its related term are showing as below:

SGX:BVP' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


SGX:BVP's Interest Coverage is ranked better than
99.85% of 666 companies
in the REITs industry
Industry Median: 2.945 vs SGX:BVP: No Debt

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Aims Property Securities Fund Interest Coverage Historical Data

The historical data trend for Aims Property Securities Fund's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Aims Property Securities Fund Interest Coverage Chart

Aims Property Securities Fund Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - No Debt No Debt No Debt

Aims Property Securities Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Aims Property Securities Fund's Interest Coverage

For the REIT - Diversified subindustry, Aims Property Securities Fund's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aims Property Securities Fund's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Aims Property Securities Fund's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Aims Property Securities Fund's Interest Coverage falls into.



Aims Property Securities Fund Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Aims Property Securities Fund's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, Aims Property Securities Fund's Interest Expense was S$0.00 Mil. Its Operating Income was S$-1.41 Mil. And its Long-Term Debt & Capital Lease Obligation was S$0.00 Mil.

Aims Property Securities Fund had no debt (1).

Aims Property Securities Fund's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Aims Property Securities Fund's Interest Expense was S$0.00 Mil. Its Operating Income was S$-0.57 Mil. And its Long-Term Debt & Capital Lease Obligation was S$0.00 Mil.

Aims Property Securities Fund had no debt (1).

* 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.

The higher the ratio, the stronger the company's Financial Strength is.


Aims Property Securities Fund  (SGX:BVP) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Aims Property Securities Fund Interest Coverage Related Terms

Thank you for viewing the detailed overview of Aims Property Securities Fund's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Aims Property Securities Fund (SGX:BVP) Business Description

Traded in Other Exchanges
Address
259 George Street, Level 41, Sydney, NSW, AUS, 2000
Aims Property Securities Fund operates as a real estate securities fund. It invests in listed property trusts, unlisted property trusts, and listed property-related companies, and cash and fixed interest securities. The company manages property and mortgage funds. The investment objective of the fund is to provide investors with regular quarterly income and the potential for long-term capital growth. The company holds investments in a portfolio of property-related securities diversified by property sectors, geographic locations, and fund managers.

Aims Property Securities Fund (SGX:BVP) Headlines

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