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Multiplan Empreendimentos Imobiliarios (BSP:MULT3) Interest Coverage : 2.75 (As of Mar. 2025)


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What is Multiplan Empreendimentos Imobiliarios 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. Multiplan Empreendimentos Imobiliarios's Operating Income for the three months ended in Mar. 2025 was R$362 Mil. Multiplan Empreendimentos Imobiliarios's Interest Expense for the three months ended in Mar. 2025 was R$-132 Mil. Multiplan Empreendimentos Imobiliarios's interest coverage for the quarter that ended in Mar. 2025 was 2.75. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Multiplan Empreendimentos Imobiliarios's Interest Coverage or its related term are showing as below:

BSP:MULT3' s Interest Coverage Range Over the Past 10 Years
Min: 2.29   Med: 3.37   Max: 8.37
Current: 4.27


BSP:MULT3's Interest Coverage is ranked better than
51.5% of 1330 companies
in the Real Estate industry
Industry Median: 3.98 vs BSP:MULT3: 4.27

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


Multiplan Empreendimentos Imobiliarios Interest Coverage Historical Data

The historical data trend for Multiplan Empreendimentos Imobiliarios'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.

Multiplan Empreendimentos Imobiliarios Interest Coverage Chart

Multiplan Empreendimentos Imobiliarios Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.37 3.50 2.83 3.88 4.90

Multiplan Empreendimentos Imobiliarios Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 Premium Member Only Premium Member Only 4.51 4.93 4.55 5.37 2.75

Competitive Comparison of Multiplan Empreendimentos Imobiliarios's Interest Coverage

For the Real Estate Services subindustry, Multiplan Empreendimentos Imobiliarios'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.


Multiplan Empreendimentos Imobiliarios's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Multiplan Empreendimentos Imobiliarios's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Multiplan Empreendimentos Imobiliarios's Interest Coverage falls into.


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Multiplan Empreendimentos Imobiliarios 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.

Multiplan Empreendimentos Imobiliarios's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Multiplan Empreendimentos Imobiliarios's Interest Expense was R$-349 Mil. Its Operating Income was R$1,710 Mil. And its Long-Term Debt & Capital Lease Obligation was R$4,852 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*1709.611/-349.154
=4.90

Multiplan Empreendimentos Imobiliarios's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Multiplan Empreendimentos Imobiliarios's Interest Expense was R$-132 Mil. Its Operating Income was R$362 Mil. And its Long-Term Debt & Capital Lease Obligation was R$4,841 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*361.753/-131.702
=2.75

* 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.


Multiplan Empreendimentos Imobiliarios  (BSP:MULT3) 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 .


Multiplan Empreendimentos Imobiliarios Interest Coverage Related Terms

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Multiplan Empreendimentos Imobiliarios Business Description

Traded in Other Exchanges
Address
Avenida das Americas, 4200, Bloco 2 - 5th andar, Sala 501, Barra da Tijuca, CEP, Rio de Janeiro, RJ, BRA, 22640-102
Multiplan Empreendimentos Imobiliarios SA is a general real estate company. The company reports four segments: Properties for lease, Real estate for sale, Projects, and Management and other. It derives key revenue from the Properties for lease segment which represents income generated from renting out spaces in malls and office buildings, and the income generated from the provision of parking spaces. Geographically, the company operates in Brazil.

Multiplan Empreendimentos Imobiliarios Headlines

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