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FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11) Financial Strength : 9 (As of . 20)


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What is FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Financial Strength?

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII shows strong financial strength.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII did not have earnings to cover the interest expense. As of today, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Altman Z-Score is 0.00.


Competitive Comparison of FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Financial Strength

For the REIT - Retail subindustry, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Financial Strength, along with its competitors' market caps and Financial Strength 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.


FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Financial Strength Distribution in the REITs Industry

For the REITs industry and Real Estate sector, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Financial Strength distribution charts can be found below:

* The bar in red indicates where FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Financial Strength falls into.



FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

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

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:

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Interest Expense for the months ended in . 20 was R$0.00 Mil. Its Operating Income for the months ended in . 20 was R$0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was R$0.00 Mil.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Interest Coverage for the quarter that ended in . 20 is

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII had no long-term debt (1).

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII has no debt.

2. Debt to revenue ratio. The lower, the better.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Debt to Revenue Ratio for the quarter that ended in . 20 is

Debt to Revenue Ratio=Total Debt (Q: . 20 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=( + ) / 0
=N/A

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

* 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.


FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII  (BSP:APXM11) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Financial Strength Related Terms

Thank you for viewing the detailed overview of FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11) Business Description

Traded in Other Exchanges
N/A
Address
Praia de Botafogo, 501 - 5th Floor (part), Torre Corcovado, RIO DE JANEIRO, RJ, BRA, CEP: 22250040
FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII is real estate investment trust. The purpose of the fund is to invest in real estate projects, primarily in ready-made properties, land or properties under construction, intended for exploitation of commercial activities especially, but not limited to shopping centers (Target Properties) and additionally in real rights over Target Properties which are income generators.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11) Headlines

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