Btsp II Fundo DE Investimento Imobiliario FII (BSP:BTSI11) Interest Coverage: No Debt (1) (As of Dec. 2025) — 100% Below Median

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BSP:BTSI11 Btsp II Fundo DE Investimento Imobiliario FII BSP:BTSI11
14 GF Score
Price R$109.17
GF Value R$185.25
! 6 Warning Signs
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What is Btsp II Fundo DE Investimento Imobiliario FII Interest Coverage?

Btsp II Fundo DE Investimento Imobiliario FII BSP:BTSI11 14 Interest Coverage is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 10,000.00. GuruFocus rates BSP:BTSI11 with a GF Score™ of 14/100 and a GF Value™ of R$185.25. The stock has 6 warning signs investors should review.

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. Btsp II Fundo DE Investimento Imobiliario FII's Operating Income for the six months ended in Dec. 2025 was R$46.71 Mil. Btsp II Fundo DE Investimento Imobiliario FII's Interest Expense for the six months ended in Dec. 2025 was R$0.00 Mil. Btsp II Fundo DE Investimento Imobiliario FII has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Btsp II Fundo DE Investimento Imobiliario FII has no debt.

(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 Btsp II Fundo DE Investimento Imobiliario FII's Interest Coverage or its related term are showing as below:

BSP:BTSI11' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


BSP:BTSI11's Interest Coverage is not ranked
in the REITs industry.
Industry Median: 3.12 vs BSP:BTSI11: No Debt

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


Btsp II Fundo DE Investimento Imobiliario FII  (BSP:BTSI11) 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 .


Btsp II Fundo DE Investimento Imobiliario FII Interest Coverage Related Terms


Btsp II Fundo DE Investimento Imobiliario FII Interest Coverage Historical Data

* Premium members only.

The historical data trend for Btsp II Fundo DE Investimento Imobiliario FII'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.

Btsp II Fundo DE Investimento Imobiliario FII Interest Coverage Chart

Btsp II Fundo DE Investimento Imobiliario FII Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
No Debt No Debt No Debt No Debt No Debt

Btsp II Fundo DE Investimento Imobiliario FII Semi-Annual Data
Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage No Debt No Debt No Debt No Debt No Debt

BSP:BTSI11 vs PLD, PSA, EXR: Interest Coverage Comparison

For the REIT - Industrial subindustry, Btsp II Fundo DE Investimento Imobiliario FII'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.


Btsp II Fundo DE Investimento Imobiliario FII Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, Btsp II Fundo DE Investimento Imobiliario FII's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Btsp II Fundo DE Investimento Imobiliario FII's Interest Coverage falls into.


BSP:BTSI11
14GF Score
Btsp II Fundo DE Investimento Imobiliario FII BSP:BTSI11
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Btsp II Fundo DE Investimento Imobiliario FII 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.

Btsp II Fundo DE Investimento Imobiliario FII'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, Btsp II Fundo DE Investimento Imobiliario FII's Interest Expense was R$0.00 Mil. Its Operating Income was R$46.71 Mil. And its Long-Term Debt & Capital Lease Obligation was R$0.00 Mil.

Btsp II Fundo DE Investimento Imobiliario FII had no debt (1).

Btsp II Fundo DE Investimento Imobiliario FII's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Btsp II Fundo DE Investimento Imobiliario FII's Interest Expense was R$0.00 Mil. Its Operating Income was R$46.71 Mil. And its Long-Term Debt & Capital Lease Obligation was R$0.00 Mil.

Btsp II Fundo DE Investimento Imobiliario FII 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?
Btsp II Fundo DE Investimento Imobiliario FII (BSP:BTSI11) 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 Btsp II Fundo DE Investimento Imobiliario FII and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Btsp II Fundo DE Investimento Imobiliario FII's Interest Coverage has ranged from 10,000.00 to 10,000.00.
Is Btsp II Fundo DE Investimento Imobiliario FII's Interest Coverage too high?
Btsp II Fundo DE Investimento Imobiliario FII's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Overall, Btsp II Fundo DE Investimento Imobiliario FII has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Btsp II Fundo DE Investimento Imobiliario FII's Interest Coverage compare to PLD and PSA?
Btsp II Fundo DE Investimento Imobiliario FII's Interest Coverage of No Debt (1) can be compared against companies in the REITs industry. The industry median Interest Coverage is 3.12. Historically, Btsp II Fundo DE Investimento Imobiliario FII's own Interest Coverage has ranged from 10,000.00 to 10,000.00 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 Btsp II Fundo DE Investimento Imobiliario FII 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. Btsp II Fundo DE Investimento Imobiliario FII's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Btsp II Fundo DE Investimento Imobiliario FII stock overvalued right now?
Btsp II Fundo DE Investimento Imobiliario FII (BSP:BTSI11) has a current Interest Coverage of No Debt (1). The stock's GF Value™ is R$185.25, compared to a current price of R$109.17 — trading 41.1% below its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Btsp II Fundo DE Investimento Imobiliario FII's overall GF Score™ is 14/100 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 Btsp II Fundo DE Investimento Imobiliario FII (BSP:BTSI11), 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 Btsp II Fundo DE Investimento Imobiliario FII (BSP:BTSI11) Overvalued in 2026?

Based on GuruFocus' analysis, Btsp II Fundo DE Investimento Imobiliario FII stock appears to be undervalued. The current stock price of R$109.17 is trading 41.1% below its estimated GF Value™ of R$185.25.

Key valuation signals for BSP:BTSI11:

  • Interest Coverage: No Debt (1) (100% below median its 10-year median of 10,000.00)
  • GF Value™: R$185.25 vs. price of R$109.17 (41.1% below fair value)
  • GF Score™: 14/100 with 6 warning signs

No single metric tells the full story. See the BSP:BTSI11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Btsp II Fundo DE Investimento Imobiliario FII Business Description

Industry Real EstateREITs
Address Avenida Barbacena, 1219, 21st Floor, PARTE, Santo Agostinho, Belo Horizonte, MG, BRA, 30190131
Btsp II Fundo DE Investimento Imobiliario FII is a closed end fund. The fund aims to develop real estate ventures focused on logistics and industrial operations, located in the Southeast and Midwest Regions, through the acquisition of land for construction or the acquisition of properties under construction or completed, for subsequent lease, rental or sale, including assets and rights related thereto, as well as other properties with potential income generation, and assets and rights related thereto.
14GF Score

Get the complete analysis for BSP:BTSI11

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

R$109.17
Price
R$185.25
GF Value