Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario (BSP:TSER11) Interest Coverage: 1.80 (As of Dec. 2025) — Near Median


BSP:TSER11 Tishman Speyer Renda Corporativa Fundo DE Investimento Imobiliario BSP:TSER11
43 GF Score
Price R$108.00
GF Value R$93.92
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario Interest Coverage?

Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario BSP:TSER11 43 Interest Coverage is 1.80 as of Dec. 2025, which is 6% above its 10-year median of 1.70. GuruFocus rates BSP:TSER11 with a GF Score™ of 43/100 and a GF Value™ of R$93.92 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 699 REITs companies, Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario ranks worse than 72.39% 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. Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's Operating Income for the six months ended in Dec. 2025 was R$22.54 Mil. Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's Interest Expense for the six months ended in Dec. 2025 was R$-12.51 Mil. Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's interest coverage for the quarter that ended in Dec. 2025 was 1.80. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's Interest Coverage or its related term are showing as below:

BSP:TSER11' s Interest Coverage Range Over the Past 10 Years
Min: 1.2   Med: 1.7   Max: No Debt
Current: 1.8


BSP:TSER11's Interest Coverage is ranked worse than
72.39% of 699 companies
in the REITs industry
Industry Median: 3.11 vs BSP:TSER11: 1.80

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


Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario  (BSP:TSER11) 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 .


Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario Interest Coverage Related Terms


Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario Interest Coverage Historical Data

* Premium members only.

The historical data trend for Tishman Speyer Rendaorativa 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.

Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario Interest Coverage Chart

Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
No Debt 1.20 1.42 1.70 1.80

Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario Semi-Annual Data
Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage No Debt 1.20 1.42 1.70 1.80

BSP:TSER11 vs VICI, WPC: Interest Coverage Comparison

For the REIT - Diversified subindustry, Tishman Speyer Rendaorativa 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.


Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario Interest Coverage vs REITs Industry

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

* The bar in red indicates where Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's Interest Coverage falls into.


BSP:TSER11
43GF Score
Tishman Speyer Renda Corporativa Fundo DE Investimento Imobiliario BSP:TSER11
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tishman Speyer Rendaorativa 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.

Tishman Speyer Rendaorativa 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, Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's Interest Expense was R$-12.51 Mil. Its Operating Income was R$22.54 Mil. And its Long-Term Debt & Capital Lease Obligation was R$107.30 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*22.537/-12.508
=1.80

Tishman Speyer Rendaorativa 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, Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's Interest Expense was R$-12.51 Mil. Its Operating Income was R$22.54 Mil. And its Long-Term Debt & Capital Lease Obligation was R$107.30 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*22.537/-12.508
=1.80

* 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 1.80 mean?
Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario (BSP:TSER11) has a Interest Coverage of 1.80 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario and its competitors. This is near median its historical median of 1.70. Over the past decade, Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's Interest Coverage has ranged from 1.20 to 10,000.00. According to the industry distribution chart, Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario ranks #506 out of 699 companies in the REITs industry, placing it in the top 72.4%.
Is Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's Interest Coverage too high?
Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's current Interest Coverage of 1.80 is near median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 10,000.00. The REITs industry median Interest Coverage is 3.11. Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's value of 1.80 is 42.1% below this industry median. Based on the distribution chart, Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario ranks #506 out of 699 companies in the REITs industry, which is below the industry midpoint. Overall, Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's Interest Coverage compare to VICI and WPC?
According to the REITs industry distribution chart, Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario ranks #506 out of 699 companies for Interest Coverage. This places Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario in the lower half of its industry. The industry median Interest Coverage is 3.11. Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's value of 1.80 is 42.1% below this benchmark. Historically, Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's own Interest Coverage has ranged from 1.20 to 10,000.00 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 3.11, Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario has consistently been below the industry average. 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 3.11, based on 699 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. Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's current Interest Coverage of 1.80 is 42.1% below 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 Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario and its competitors. For the REITs industry, the median Interest Coverage is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's current Interest Coverage is 1.80, which is near median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario (BSP:TSER11) is currently considered Modestly Overvalued. The stock's GF Value™ is R$93.92, compared to a current price of R$108.00 — trading 15% above its estimated fair value. The current Interest Coverage is 1.80, which is near median its 10-year median of 1.70 and 42.1% below the REITs industry median of 3.11. Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's overall GF Score™ is 43/100 with 4 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 Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario (BSP:TSER11), the current Interest Coverage is 1.80 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 Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario (BSP:TSER11) Overvalued in 2026?

Based on GuruFocus' analysis, Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario stock appears to be overvalued. The current stock price of R$108.00 is trading 15% above its estimated GF Value™ of R$93.92. GuruFocus considers Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario to be Modestly Overvalued.

Key valuation signals for BSP:TSER11:

  • Interest Coverage: 1.80 (near median its 10-year median of 1.70)
  • GF Value™: R$93.92 vs. price of R$108.00 (15% above fair value)
  • GF Score™: 43/100 with 4 warning signs
  • Industry Position: 42.1% below the REITs median (#506 of 699)

No single metric tells the full story. See the BSP:TSER11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Avenida Reboucas, 2728, 2nd Floor, Waldyr Beira Building, Pinheiros, Sao Paulo, SP, BRA, 5402-500
Tishman Speyer Renda Corporativa Fundo DE Investimento Imobiliario acquires, repositions, develops, and operates office, retail, and residential projects. The company focuses on prime assets located in the central business districts of metropolitan areas in the United States, Europe, Brazil, China, and India.
43GF Score

Get the complete analysis for BSP:TSER11

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

R$108.00
Price
R$93.92
GF Value