Hedge Brasil Shopping Fundo DE Investimento Imobiliario (BSP:HGBS11) Interest Coverage: No Debt (1) (As of Dec. 2025) — 100% Below Median

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BSP:HGBS11 Hedge Brasil Shopping Fundo DE Investimento Imobiliario BSP:HGBS11
66 GF Score
Price R$19.14
GF Value R$17.46
Valuation Fairly Valued
! 5 Warning Signs
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What is Hedge Brasil Shopping Fundo DE Investimento Imobiliario Interest Coverage?

Hedge Brasil Shopping Fundo DE Investimento Imobiliario BSP:HGBS11 66 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:HGBS11 with a GF Score™ of 66/100 and a GF Value™ of R$17.46 (Fairly Valued). The stock has 5 warning signs investors should review. Among 683 REITs companies, Hedge Brasil Shopping Fundo DE Investimento Imobiliario ranks better than 99.85% 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. Hedge Brasil Shopping Fundo DE Investimento Imobiliario's Operating Income for the six months ended in Dec. 2025 was R$313.3 Mil. Hedge Brasil Shopping Fundo DE Investimento Imobiliario's Interest Expense for the six months ended in Dec. 2025 was R$0.0 Mil. Hedge Brasil Shopping Fundo DE Investimento Imobiliario has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Hedge Brasil Shopping Fundo DE Investimento Imobiliario 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 Hedge Brasil Shopping Fundo DE Investimento Imobiliario's Interest Coverage or its related term are showing as below:

BSP:HGBS11' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


BSP:HGBS11's Interest Coverage is ranked better than
99.85% of 683 companies
in the REITs industry
Industry Median: 3.07 vs BSP:HGBS11: 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.


Hedge Brasil Shopping Fundo DE Investimento Imobiliario  (BSP:HGBS11) 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 .


Hedge Brasil Shopping Fundo DE Investimento Imobiliario Interest Coverage Related Terms


Hedge Brasil Shopping Fundo DE Investimento Imobiliario Interest Coverage Historical Data

* Premium members only.

The historical data trend for Hedge Brasil Shopping Fundo DE Investimento Imobiliario'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.

Hedge Brasil Shopping Fundo DE Investimento Imobiliario Interest Coverage Chart

Hedge Brasil Shopping Fundo DE Investimento Imobiliario 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 No Debt No Debt No Debt No Debt No Debt

Hedge Brasil Shopping Fundo DE Investimento Imobiliario Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 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 No Debt No Debt No Debt No Debt No Debt

BSP:HGBS11 vs SPG, O, KIM: Interest Coverage Comparison

For the REIT - Retail subindustry, Hedge Brasil Shopping Fundo DE Investimento Imobiliario'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.


Hedge Brasil Shopping Fundo DE Investimento Imobiliario Interest Coverage vs REITs Industry

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

* The bar in red indicates where Hedge Brasil Shopping Fundo DE Investimento Imobiliario's Interest Coverage falls into.


BSP:HGBS11
66GF Score
Hedge Brasil Shopping Fundo DE Investimento Imobiliario BSP:HGBS11
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hedge Brasil Shopping Fundo DE Investimento Imobiliario 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.

Hedge Brasil Shopping Fundo DE Investimento Imobiliario'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, Hedge Brasil Shopping Fundo DE Investimento Imobiliario's Interest Expense was R$0.0 Mil. Its Operating Income was R$313.3 Mil. And its Long-Term Debt & Capital Lease Obligation was R$0.0 Mil.

Hedge Brasil Shopping Fundo DE Investimento Imobiliario had no debt (1).

Hedge Brasil Shopping Fundo DE Investimento Imobiliario's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Hedge Brasil Shopping Fundo DE Investimento Imobiliario's Interest Expense was R$0.0 Mil. Its Operating Income was R$313.3 Mil. And its Long-Term Debt & Capital Lease Obligation was R$0.0 Mil.

Hedge Brasil Shopping Fundo DE Investimento Imobiliario 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?
Hedge Brasil Shopping Fundo DE Investimento Imobiliario (BSP:HGBS11) 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 Hedge Brasil Shopping Fundo DE Investimento Imobiliario and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Hedge Brasil Shopping Fundo DE Investimento Imobiliario's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Hedge Brasil Shopping Fundo DE Investimento Imobiliario ranks #1 out of 683 companies in the REITs industry, placing it in the top 0.099999999999994%.
Is Hedge Brasil Shopping Fundo DE Investimento Imobiliario's Interest Coverage too high?
Hedge Brasil Shopping Fundo DE Investimento Imobiliario'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. Based on the distribution chart, Hedge Brasil Shopping Fundo DE Investimento Imobiliario ranks #1 out of 683 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Hedge Brasil Shopping Fundo DE Investimento Imobiliario has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hedge Brasil Shopping Fundo DE Investimento Imobiliario's Interest Coverage compare to SPG and O?
According to the REITs industry distribution chart, Hedge Brasil Shopping Fundo DE Investimento Imobiliario ranks #1 out of 683 companies for Interest Coverage. This places Hedge Brasil Shopping Fundo DE Investimento Imobiliario in the top 0% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 3.07. Historically, Hedge Brasil Shopping Fundo DE Investimento Imobiliario'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 3.07, based on 683 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 Hedge Brasil Shopping Fundo DE Investimento Imobiliario and its competitors. For the REITs industry, the median Interest Coverage is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hedge Brasil Shopping Fundo DE Investimento Imobiliario'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 Hedge Brasil Shopping Fundo DE Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Hedge Brasil Shopping Fundo DE Investimento Imobiliario (BSP:HGBS11) is currently considered Fairly Valued. The stock's GF Value™ is R$17.46, compared to a current price of R$19.14 — trading 9.6% above 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. Hedge Brasil Shopping Fundo DE Investimento Imobiliario's overall GF Score™ is 66/100 with 5 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 Hedge Brasil Shopping Fundo DE Investimento Imobiliario (BSP:HGBS11), 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 Hedge Brasil Shopping Fundo DE Investimento Imobiliario (BSP:HGBS11) Overvalued in 2026?

Based on GuruFocus' analysis, Hedge Brasil Shopping Fundo DE Investimento Imobiliario stock appears to be overvalued. The current stock price of R$19.14 is trading 9.6% above its estimated GF Value™ of R$17.46. GuruFocus considers Hedge Brasil Shopping Fundo DE Investimento Imobiliario to be Fairly Valued.

Key valuation signals for BSP:HGBS11:

  • Interest Coverage: No Debt (1) (100% below median its 10-year median of 10,000.00)
  • GF Value™: R$17.46 vs. price of R$19.14 (9.6% above fair value)
  • GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the BSP:HGBS11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hedge Brasil Shopping Fundo DE Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Avenue Brigadeiro Faria, 3600 - 11th floor, Sao Paulo, SP, BRA, 4538132
Hedge Brasil Shopping Fundo DE Investimento Imobiliario is a Brazilian real estate investment fund with objective to obtain capital appreciation by acquisition of interests in shopping centers. The objective of the Fund is the acquisition for commercial exploitation of commercial real estate projects, which are duly built or are subject to renovations, improvements or expansions, through the acquisition of portions and/or the entirety of real estate projects, directly or indirectly, through the assets provided for in the Regulation, for subsequent sale, rental or leasing, including assets and rights related to them.
66GF Score

Get the complete analysis for BSP:HGBS11

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

R$19.14
Price
R$17.46
GF Value