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Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario (BSP:ALZR11) Interest Expense : R$-18.8 Mil (TTM As of Jun. 2023)


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What is Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's interest expense for the six months ended in Jun. 2023 was R$ -18.8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was R$-18.8 Mil.

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. Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's Operating Income for the six months ended in Jun. 2023 was R$ 94.2 Mil. Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's Interest Expense for the six months ended in Jun. 2023 was R$ -18.8 Mil. Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's Interest Coverage for the quarter that ended in Jun. 2023 was 5.02. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario Interest Expense Historical Data

The historical data trend for Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's Interest Expense 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.

* Premium members only.

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario Interest Expense Chart

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial - - -3.11 -28.61 -18.76

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario Semi-Annual Data
Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense Get a 7-Day Free Trial - - -3.11 -28.61 -18.76

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Jun. 2023 was R$-18.8 Mil.

* 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.


Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario  (BSP:ALZR11) Interest Expense Explanation

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. 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.

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's Interest Expense for the six months ended in Jun. 2023 was R$-18.8 Mil. Its Operating Income for the six months ended in Jun. 2023 was R$94.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was R$128.5 Mil.

Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*94.248/-18.759
=5.02

* 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.


Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliario (BSP:ALZR11) Business Description

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Traded in Other Exchanges
N/A
Address
Rua Tabapua No. 1.227-Conj. 202, Itaim Bibi, Sau Paulo, SP, BRA, 04534-003
Alianza Trust Renda Imobiliaria Fundo Investimento Imobiliariois a real estate investment company in Brazil. The company focuses on structured projects, such as Built-To-Suit and Sale and Leaseback. It offers property development for leases in the logistics, residential and office segments. The company is also engaged in an asset management business of premium real estate investments, such as FIIs, private equity real estate vehicles, CMBS and RMBS.

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