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Fundo Invest Imobiliario Panamby (BSP:PABY11) Interest Coverage : No Debt (1) (As of Dec. 2023)


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What is Fundo Invest Imobiliario Panamby 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 Invest Imobiliario Panamby's Operating Income for the six months ended in Dec. 2023 was R$-4.02 Mil. Fundo Invest Imobiliario Panamby's Interest Expense for the six months ended in Dec. 2023 was R$0.00 Mil. Fundo Invest Imobiliario Panamby has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Fundo Invest Imobiliario Panamby 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 Fundo Invest Imobiliario Panamby's Interest Coverage or its related term are showing as below:

BSP:PABY11' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


BSP:PABY11's Interest Coverage is ranked better than
99.7% of 1350 companies
in the Real Estate industry
Industry Median: 3.985 vs BSP:PABY11: 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.


Fundo Invest Imobiliario Panamby Interest Coverage Historical Data

The historical data trend for Fundo Invest Imobiliario Panamby'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 Invest Imobiliario Panamby Interest Coverage Chart

Fundo Invest Imobiliario Panamby Annual Data
Trend Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Fundo Invest Imobiliario Panamby Semi-Annual Data
Dec10 Dec11 Dec12 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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Fundo Invest Imobiliario Panamby's Interest Coverage

For the Real Estate Services subindustry, Fundo Invest Imobiliario Panamby'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 Invest Imobiliario Panamby's Interest Coverage Distribution in the Real Estate Industry

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

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



Fundo Invest Imobiliario Panamby 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 Invest Imobiliario Panamby'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 Invest Imobiliario Panamby's Interest Expense was R$0.00 Mil. Its Operating Income was R$-4.02 Mil. And its Long-Term Debt & Capital Lease Obligation was R$0.00 Mil.

Fundo Invest Imobiliario Panamby had no debt (1).

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

Here, for the six months ended in Dec. 2023, Fundo Invest Imobiliario Panamby's Interest Expense was R$0.00 Mil. Its Operating Income was R$-4.02 Mil. And its Long-Term Debt & Capital Lease Obligation was R$0.00 Mil.

Fundo Invest Imobiliario Panamby 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.


Fundo Invest Imobiliario Panamby  (BSP:PABY11) 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 Invest Imobiliario Panamby Interest Coverage Related Terms

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


Fundo Invest Imobiliario Panamby (BSP:PABY11) Business Description

Traded in Other Exchanges
N/A
Address
LAURO MULLER, 116, Rooms 701 To 703, Rio de Janeiro, RJ, BRA, 22290160
Fundo Invest Imobiliario Panamby, formerlyFundo de Investimento Imobiliario Panamby is a real estate investment fund managed by Banco Brascan S.A. It is engaged in the acquisition of land located adjacent to the Marginal do Rio Pinheiros in Sao Paulo and its sale to real estate developers.

Fundo Invest Imobiliario Panamby (BSP:PABY11) Headlines

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