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FII Mogno CRI High Grade (BSP:MGCR11) Interest Coverage : 0 (At Loss) (As of . 20)


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What is FII Mogno CRI High Grade 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. FII Mogno CRI High Grade's Operating Income for the six months ended in . 20 was R$0.00 Mil. FII Mogno CRI High Grade's Interest Expense for the six months ended in . 20 was R$0.00 Mil. did not have earnings to cover the interest expense. 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 FII Mogno CRI High Grade's Interest Coverage or its related term are showing as below:


BSP:MGCR11's Interest Coverage is not ranked *
in the REITs industry.
Industry Median: 2.84
* 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.


FII Mogno CRI High Grade Interest Coverage Historical Data

The historical data trend for FII Mogno CRI High Grade'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.

FII Mogno CRI High Grade Interest Coverage Chart

FII Mogno CRI High Grade Annual Data
Trend
Interest Coverage

FII Mogno CRI High Grade Semi-Annual Data
Interest Coverage

Competitive Comparison of FII Mogno CRI High Grade's Interest Coverage

For the REIT - Specialty subindustry, FII Mogno CRI High Grade'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.


FII Mogno CRI High Grade's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, FII Mogno CRI High Grade's Interest Coverage distribution charts can be found below:

* The bar in red indicates where FII Mogno CRI High Grade's Interest Coverage falls into.


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FII Mogno CRI High Grade 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.

FII Mogno CRI High Grade's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, FII Mogno CRI High Grade's Interest Expense was R$0.00 Mil. Its Operating Income was R$0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was R$0.00 Mil.

FII Mogno CRI High Grade had no debt (1).

FII Mogno CRI High Grade's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, FII Mogno CRI High Grade's Interest Expense was R$0.00 Mil. Its Operating Income was R$0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was R$0.00 Mil.

FII Mogno CRI High Grade 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.


FII Mogno CRI High Grade  (BSP:MGCR11) 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 .


FII Mogno CRI High Grade Interest Coverage Related Terms

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FII Mogno CRI High Grade Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2601, Brigadeiro Faria Lima Avenue, 3rd Floor, Sao Paulo, SP, BRA, 01452-000
FII Mogno CRI High Grade is an independent investment manager. The fund is focused on the acquisition of real estate receivable certificates, aimed at high-grade structures, with an emphasis on composition of real guarantees and level of collateral. The fund invests both directly in CRIs and via quotas of receivables FIIs, expanding the space for capturing opportunities.

FII Mogno CRI High Grade Headlines

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