GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fundo DE Investimento Imobiliario Caixa Carteira Imobiliaria (BSP:CXCI11) » Definitions » Interest Coverage

Fundo DE Investimento Imobiliario Caixa Carteira Imobiliaria (BSP:CXCI11) Interest Coverage : N/A (As of Sep. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Fundo DE Investimento Imobiliario Caixa Carteira Imobiliaria Interest Coverage?

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 DE Investimento Imobiliario Caixa Carteira Imobiliaria's Operating Income for the three months ended in Sep. 2023 was R$-1,324 Mil. Fundo DE Investimento Imobiliario Caixa Carteira Imobiliaria's Interest Expense for the three months ended in Sep. 2023 was R$0 Mil. GuruFocus does not calculate 's interest coverage with the available data. 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 DE Investimento Imobiliario Caixa Carteira Imobiliaria's Interest Coverage or its related term are showing as below:


BSP:CXCI11's Interest Coverage is not ranked *
in the REITs industry.
Industry Median: 2.98
* Ranked among companies with meaningful Interest Coverage only.

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 DE Investimento Imobiliario Caixa Carteira Imobiliaria Interest Coverage Historical Data

The historical data trend for Fundo DE Investimento Imobiliario Caixa Carteira Imobiliaria'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.

* Premium members only.

Fundo DE Investimento Imobiliario Caixa Carteira Imobiliaria Interest Coverage Chart

Fundo DE Investimento Imobiliario Caixa Carteira Imobiliaria Annual Data
Trend Dec22 Dec23
Interest Coverage
No Debt No Debt

Fundo DE Investimento Imobiliario Caixa Carteira Imobiliaria Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Coverage Get a 7-Day Free Trial No Debt N/A N/A N/A No Debt

Competitive Comparison of Fundo DE Investimento Imobiliario Caixa Carteira Imobiliaria's Interest Coverage

For the REIT - Specialty subindustry, Fundo DE Investimento Imobiliario Caixa Carteira Imobiliaria'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 DE Investimento Imobiliario Caixa Carteira Imobiliaria's Interest Coverage Distribution in the REITs Industry

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

* The bar in red indicates where Fundo DE Investimento Imobiliario Caixa Carteira Imobiliaria's Interest Coverage falls into.



Fundo DE Investimento Imobiliario Caixa Carteira Imobiliaria 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 DE Investimento Imobiliario Caixa Carteira Imobiliaria's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Fundo DE Investimento Imobiliario Caixa Carteira Imobiliaria's Interest Expense was R$0 Mil. Its Operating Income was R$19 Mil. And its Long-Term Debt & Capital Lease Obligation was R$0 Mil.

Fundo DE Investimento Imobiliario Caixa Carteira Imobiliaria had no debt (1).

Fundo DE Investimento Imobiliario Caixa Carteira Imobiliaria's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Fundo DE Investimento Imobiliario Caixa Carteira Imobiliaria's Interest Expense was R$0 Mil. Its Operating Income was R$-1,324 Mil. And its Long-Term Debt & Capital Lease Obligation was R$416,891 Mil.

GuruFocus does not calculate Fundo DE Investimento Imobiliario Caixa Carteira Imobiliaria's interest coverage with the available data.

* 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.


Fundo DE Investimento Imobiliario Caixa Carteira Imobiliaria  (BSP:CXCI11) 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 DE Investimento Imobiliario Caixa Carteira Imobiliaria Interest Coverage Related Terms

Thank you for viewing the detailed overview of Fundo DE Investimento Imobiliario Caixa Carteira Imobiliaria's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Fundo DE Investimento Imobiliario Caixa Carteira Imobiliaria (BSP:CXCI11) Business Description

Traded in Other Exchanges
N/A
Address
AV Paulista 2300 - 7 andar, Sao Paulo, SP, BRA, 1310100
Fundo DE Investimento Imobiliario Caixa Carteira Imobiliaria is a real estate investment trust constituted in the form of a gated community. The fund aims to make real estate investments through the acquisition of assets, focusing on FII quotas, to provide quota holders with a remuneration for the investment made, through the flow of income generated by the assets and the increase in the equity value of their quotas.

Fundo DE Investimento Imobiliario Caixa Carteira Imobiliaria (BSP:CXCI11) Headlines

No Headlines