Cshg Real Estate Fundo Invest Imobiliario (BSP:HGRE11) Interest Coverage: 9.31 (As of Dec. 2023)

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BSP:HGRE11 Cshg Real Estate Fundo Invest Imobiliario BSP:HGRE11
4 GF Score
Price R$122.30
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What is Cshg Real Estate Fundo Invest Imobiliario Interest Coverage?

Cshg Real Estate Fundo Invest Imobiliario BSP:HGRE11 -0.08% 4 Interest Coverage is 9.31 as of Dec. 2023. GuruFocus rates BSP:HGRE11 with a GF Score™ of 4/100.

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. Cshg Real Estate Fundo Invest Imobiliario's Operating Income for the six months ended in Dec. 2023 was R$90.1 Mil. Cshg Real Estate Fundo Invest Imobiliario's Interest Expense for the six months ended in Dec. 2023 was R$-9.7 Mil. Cshg Real Estate Fundo Invest Imobiliario's interest coverage for the quarter that ended in Dec. 2023 was 9.31. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Cshg Real Estate Fundo Invest Imobiliario's Interest Coverage or its related term are showing as below:


BSP:HGRE11's Interest Coverage is not ranked *
in the REITs industry.
Industry Median: 3.12
* 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.


Cshg Real Estate Fundo Invest Imobiliario  (BSP:HGRE11) 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 .


Cshg Real Estate Fundo Invest Imobiliario Interest Coverage Related Terms


Cshg Real Estate Fundo Invest Imobiliario Interest Coverage Historical Data

* Premium members only.

The historical data trend for Cshg Real Estate Fundo Invest 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.

Cshg Real Estate Fundo Invest Imobiliario Interest Coverage Chart

Cshg Real Estate Fundo Invest Imobiliario Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.21 15.69 14.59 7.25 9.31

Cshg Real Estate Fundo Invest Imobiliario Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 16.21 15.69 14.59 7.25 9.31

BSP:HGRE11 vs VICI, WPC: Interest Coverage Comparison

For the REIT - Diversified subindustry, Cshg Real Estate Fundo Invest 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.


Cshg Real Estate Fundo Invest Imobiliario Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, Cshg Real Estate Fundo Invest Imobiliario's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Cshg Real Estate Fundo Invest Imobiliario's Interest Coverage falls into.


BSP:HGRE11
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Cshg Real Estate Fundo Invest Imobiliario BSP:HGRE11
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Cshg Real Estate Fundo Invest 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.

Cshg Real Estate Fundo Invest Imobiliario'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, Cshg Real Estate Fundo Invest Imobiliario's Interest Expense was R$-9.7 Mil. Its Operating Income was R$90.1 Mil. And its Long-Term Debt & Capital Lease Obligation was R$0.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*90.112/-9.676
=9.31

Cshg Real Estate Fundo Invest Imobiliario's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Cshg Real Estate Fundo Invest Imobiliario's Interest Expense was R$-9.7 Mil. Its Operating Income was R$90.1 Mil. And its Long-Term Debt & Capital Lease Obligation was R$0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*90.112/-9.676
=9.31

* 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 9.31 mean?
Cshg Real Estate Fundo Invest Imobiliario (BSP:HGRE11) has a Interest Coverage of 9.31 as of Dec. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Cshg Real Estate Fundo Invest Imobiliario and its competitors.
Is Cshg Real Estate Fundo Invest Imobiliario's Interest Coverage too high?
Cshg Real Estate Fundo Invest Imobiliario's current Interest Coverage is 9.31. The REITs industry median Interest Coverage is 3.12. Cshg Real Estate Fundo Invest Imobiliario's value of 9.31 is 198.4% above this industry median. Overall, Cshg Real Estate Fundo Invest Imobiliario has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Cshg Real Estate Fundo Invest Imobiliario's Interest Coverage compare to VICI and WPC?
Cshg Real Estate Fundo Invest Imobiliario's Interest Coverage of 9.31 can be compared against companies in the REITs industry. The industry median Interest Coverage is 3.12. Cshg Real Estate Fundo Invest Imobiliario's value of 9.31 is 198.4% above this benchmark. 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. Cshg Real Estate Fundo Invest Imobiliario's current Interest Coverage of 9.31 is 198.4% above the industry median. 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 Cshg Real Estate Fundo Invest Imobiliario 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. Cshg Real Estate Fundo Invest Imobiliario's current Interest Coverage is 9.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cshg Real Estate Fundo Invest Imobiliario stock overvalued right now?
Cshg Real Estate Fundo Invest Imobiliario (BSP:HGRE11) has a current Interest Coverage of 9.31. The current Interest Coverage is 9.31 and 198.4% above the REITs industry median of 3.12. Cshg Real Estate Fundo Invest Imobiliario's overall GF Score™ is 4/100. 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 Cshg Real Estate Fundo Invest Imobiliario (BSP:HGRE11), the current Interest Coverage is 9.31 as of Dec. 2023. 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.

Cshg Real Estate Fundo Invest Imobiliario Business Description

Industry Real EstateREITs
Address Avenida Presidente Juscelino Kubitschek, Tower IV - 7th Floor - Moema, São Paulo, SP, BRA, 04543900
Cshg Real Estate Fundo Invest Imobiliario is engaged in the acquisition of commercial real estate projects for commercial operation.
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