GURUFOCUS.COM » STOCK LIST » Latin America » Brazil » BSP » Bluemacaw Credito Imobiliario Fundo DE Investimento Imobiliario (BSP:BLMC11) » Definitions » Interest Expense
Switch to:

Bluemacaw Credito Imobiliario Fundo DE Investimento Imobiliario (BSP:BLMC11) Interest Expense

: R$ Mil (TTM As of Dec. 2022)
View and export this data going back to 2021. Start your Free Trial

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bluemacaw Credito Imobiliario Fundo DE Investimento Imobiliario's interest expense for the six months ended in Dec. 2022 was R$ -0.04 Mil. Bluemacaw Credito Imobiliario Fundo DE Investimento Imobiliario does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2022.

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. Bluemacaw Credito Imobiliario Fundo DE Investimento Imobiliario's Operating Income for the six months ended in Dec. 2022 was R$ 2.54 Mil. Bluemacaw Credito Imobiliario Fundo DE Investimento Imobiliario's Interest Expense for the six months ended in Dec. 2022 was R$ -0.04 Mil. Bluemacaw Credito Imobiliario Fundo DE Investimento Imobiliario's Interest Coverage for the quarter that ended in Dec. 2022 was 57.77. 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.


Bluemacaw Credito Imobiliario Fundo DE Investimento Imobiliario Interest Expense Historical Data

The historical data trend for Bluemacaw Credito Imobiliario Fundo DE 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.

Bluemacaw Credito Imobiliario Fundo DE Investimento Imobiliario Annual Data
Trend Dec21 Dec22
Interest Expense
-0.03 -0.04

Bluemacaw Credito Imobiliario Fundo DE Investimento Imobiliario Semi-Annual Data
Dec21 Dec22
Interest Expense -0.03 -0.04

Bluemacaw Credito Imobiliario Fundo DE Investimento Imobiliario Interest Expense Calculation

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


Bluemacaw Credito Imobiliario Fundo DE Investimento Imobiliario  (BSP:BLMC11) 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.

Bluemacaw Credito Imobiliario Fundo DE Investimento Imobiliario's Interest Expense for the six months ended in Dec. 2022 was R$-0.04 Mil. Its Operating Income for the six months ended in Dec. 2022 was R$2.54 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was R$0.00 Mil.

Bluemacaw Credito Imobiliario Fundo DE Investimento Imobiliario's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2022 )/Interest Expense (Q: Dec. 2022 )
=-1*2.542/-0.044
=57.77

* 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.

Good Sign:

Bluemacaw Credito Imobiliario Fundo DE Investimento Imobiliario has no debt.


Bluemacaw Credito Imobiliario Fundo DE Investimento Imobiliario (BSP:BLMC11) Business Description

Traded in Other Exchanges
N/A
Address
Avenida das Nacoes Unidas 12.901 - 24th Floor, Moncoes, Sao Paulo, SP, BRA
Bluemacaw Credito Imobiliario Fundo DE Investimento Imobiliario is a real estate investment company. The company invests in established properties, pointing to a predictable cash flow with long-term capital appreciation through active and specialized real estate management, aiming at asset improvements.

Bluemacaw Credito Imobiliario Fundo DE Investimento Imobiliario (BSP:BLMC11) Headlines

No Headlines