Fundo Invest Imobiliario FII Btg Pactualorate Office Fund (BSP:BRCR11) Interest Coverage: No Debt (1) (As of Dec. 2025) — 66% Below Median

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BSP:BRCR11 Fundo Invest Imobiliario FII Btg Pactual Corporate Office Fund BSP:BRCR11
73 GF Score
Price R$41.00
GF Value R$46.17
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Interest Coverage?

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund BSP:BRCR11 +1.74% 73 Interest Coverage is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 2.91. GuruFocus rates BSP:BRCR11 with a GF Score™ of 73/100 and a GF Value™ of R$46.17 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 695 REITs companies, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund ranks worse than 57.84% on this metric.

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. Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Operating Income for the three months ended in Dec. 2025 was R$0.0 Mil. Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Interest Expense for the three months ended in Dec. 2025 was R$0.0 Mil. Fundo Invest Imobiliario FII Btg Pactualorate Office Fund has no debt. The higher the ratio, the stronger the company's financial strength is.

(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 Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Interest Coverage or its related term are showing as below:

BSP:BRCR11' s Interest Coverage Range Over the Past 10 Years
Min: 1.22   Med: 2.91   Max: 6.21
Current: 2.59


BSP:BRCR11's Interest Coverage is ranked worse than
57.84% of 695 companies
in the REITs industry
Industry Median: 3.12 vs BSP:BRCR11: 2.59

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


Fundo Invest Imobiliario FII Btg Pactualorate Office Fund  (BSP:BRCR11) 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 .


Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Interest Coverage Related Terms


Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Interest Coverage Historical Data

* Premium members only.

The historical data trend for Fundo Invest Imobiliario FII Btg Pactualorate Office 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.

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Interest Coverage Chart

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.91 1.24 1.22 2.13 3.62

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Dec25
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 3.89 4.10 0.00 4.30 No Debt

BSP:BRCR11 vs BXP, ARE, VNO: Interest Coverage Comparison

For the REIT - Office subindustry, Fundo Invest Imobiliario FII Btg Pactualorate Office 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.


Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Interest Coverage falls into.


BSP:BRCR11
73GF Score
Fundo Invest Imobiliario FII Btg Pactual Corporate Office Fund BSP:BRCR11
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fundo Invest Imobiliario FII Btg Pactualorate Office 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.

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Interest Expense was R$-40.7 Mil. Its Operating Income was R$147.6 Mil. And its Long-Term Debt & Capital Lease Obligation was R$0.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*147.594/-40.746
=3.62

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Interest Expense was R$0.0 Mil. Its Operating Income was R$0.0 Mil. And its Long-Term Debt & Capital Lease Obligation was R$0.0 Mil.

Fundo Invest Imobiliario FII Btg Pactualorate Office 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Fundo Invest Imobiliario FII Btg Pactualorate Office Fund (BSP:BRCR11) has a Interest Coverage of No Debt (1) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Fundo Invest Imobiliario FII Btg Pactualorate Office Fund and its competitors. This is 66% below median its historical median of 2.91. Over the past decade, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Interest Coverage has ranged from 1.22 to 6.21. According to the industry distribution chart, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund ranks #402 out of 695 companies in the REITs industry, placing it in the top 57.8%.
Is Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Interest Coverage too high?
Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's current Interest Coverage of No Debt (1) is 66% below median its 10-year median of 2.91. Over the past 10 years, this metric has ranged from a low of 1.22 to a high of 6.21. Based on the distribution chart, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund ranks #402 out of 695 companies in the REITs industry, which is below the industry midpoint. Overall, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Interest Coverage compare to BXP and ARE?
According to the REITs industry distribution chart, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund ranks #402 out of 695 companies for Interest Coverage. This places Fundo Invest Imobiliario FII Btg Pactualorate Office Fund in the lower half of its industry. The industry median Interest Coverage is 3.12. Historically, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's own Interest Coverage has ranged from 1.22 to 6.21 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.12, based on 695 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Fundo Invest Imobiliario FII Btg Pactualorate Office Fund and its competitors. For the REITs industry, the median Interest Coverage is 3.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's current Interest Coverage is No Debt (1), which is 66% below median its own 10-year median of 2.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo Invest Imobiliario FII Btg Pactualorate Office Fund stock overvalued right now?
Based on GuruFocus' analysis, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund (BSP:BRCR11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$46.17, compared to a current price of R$41.00 — trading 11.2% below its estimated fair value. The current Interest Coverage is No Debt (1), which is 66% below median its 10-year median of 2.91. Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Fundo Invest Imobiliario FII Btg Pactualorate Office Fund (BSP:BRCR11), the current Interest Coverage is No Debt (1) as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fundo Invest Imobiliario FII Btg Pactualorate Office Fund (BSP:BRCR11) Overvalued in 2026?

Based on GuruFocus' analysis, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund stock appears to be undervalued. The current stock price of R$41.00 is trading 11.2% below its estimated GF Value™ of R$46.17. GuruFocus considers Fundo Invest Imobiliario FII Btg Pactualorate Office Fund to be Modestly Undervalued.

Key valuation signals for BSP:BRCR11:

  • Interest Coverage: No Debt (1) (66% below median its 10-year median of 2.91)
  • GF Value™: R$46.17 vs. price of R$41.00 (11.2% below fair value)
  • GF Score™: 73/100 with 6 warning signs

No single metric tells the full story. See the BSP:BRCR11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Business Description

Industry Real EstateREITs
Address N/I PRAIA DE BOTAFOGO 501, 5th FLOOR, RIO DE JANEIRO, RJ, BRA, CEP 22250040
Fundo Invest Imobiliario FII Btg Pactual Corporate Office Fund seeks to invest in real estate developments by acquiring the following assets: commercial properties, completed or under construction, or other types of properties where commercial developments may be established, rights related to properties, for the purpose of sale, rent or lease, in addition to other Target Assets listed in the Fund's regulation.
73GF Score

Get the complete analysis for BSP:BRCR11

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$41.00
Price
R$46.17
GF Value