Vectis Renda Residencial Fundo DE Investimento Imobiliario (BSP:VCRR11) Interest Expense : R$ Mil (TTM As of Dec. 2022)

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What is Vectis Renda Residencial Fundo DE Investimento Imobiliario Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vectis Renda Residencial Fundo DE Investimento Imobiliario's interest expense for the six months ended in Dec. 2022 was R$ 0.00 Mil. Vectis Renda Residencial 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. Vectis Renda Residencial Fundo DE Investimento Imobiliario's Operating Income for the six months ended in Dec. 2022 was R$ 16.54 Mil. Vectis Renda Residencial Fundo DE Investimento Imobiliario's Interest Expense for the six months ended in Dec. 2022 was R$ 0.00 Mil. Vectis Renda Residencial Fundo DE Investimento Imobiliario has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term 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.

Vectis Renda Residencial Fundo DE Investimento Imobiliario Interest Expense Historical Data

The historical data trend for Vectis Renda Residencial 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.

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Vectis Renda Residencial Fundo DE Investimento Imobiliario Interest Expense Chart

Vectis Renda Residencial Fundo DE Investimento Imobiliario Annual Data

Trend

Dec21

Dec22

Interest Expense

Vectis Renda Residencial Fundo DE Investimento Imobiliario Semi-Annual Data
	Dec21	Dec22
Interest Expense	-	-

Vectis Renda Residencial Fundo DE Investimento Imobiliario Interest Expense Calculation

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

Vectis Renda Residencial Fundo DE Investimento Imobiliario (BSP:VCRR11) Interest Expense Explanation

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

Vectis Renda Residencial Fundo DE Investimento Imobiliario's Interest Expense for the six months ended in Dec. 2022 was R$0.00 Mil. Its Operating Income for the six months ended in Dec. 2022 was R$16.54 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was R$0.00 Mil.

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

Vectis Renda Residencial Fundo DE Investimento Imobiliario had no long-term debt ⁽¹⁾.

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

Good Sign:

Vectis Renda Residencial Fundo DE Investimento Imobiliario has no debt.

Vectis Renda Residencial Fundo DE Investimento Imobiliario (BSP:VCRR11) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vectis Renda Residencial Fundo DE Investimento Imobiliario (BSP:VCRR11) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Leopoldo Couto de Magalhaes Junior, 758 - cj. 132, Sao Paulo, SP, BRA, 04542-000

Website

https://www.vectis.com.br

Vectis Renda Residencial Fundo DE Investimento Imobiliario is a real estate company focused on the acquisition of entire buildings or sub-condos.

Vectis Renda Residencial Fundo DE Investimento Imobiliario (BSP:VCRR11) Headlines

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