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Asa Metropolis Fundo De Investimento Imobiliario (BSP:ASMT11) Interest Expense : R$ Mil (TTM As of Dec. 2023)


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What is Asa Metropolis Fundo De Investimento Imobiliario Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Asa Metropolis Fundo De Investimento Imobiliario's interest expense for the six months ended in Dec. 2023 was R$ -6.61 Mil. Asa Metropolis Fundo De Investimento Imobiliario does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2023.

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. Asa Metropolis Fundo De Investimento Imobiliario's Operating Income for the six months ended in Dec. 2023 was R$ 8.13 Mil. Asa Metropolis Fundo De Investimento Imobiliario's Interest Expense for the six months ended in Dec. 2023 was R$ -6.61 Mil. Asa Metropolis Fundo De Investimento Imobiliario's Interest Coverage for the quarter that ended in Dec. 2023 was 1.23. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Asa Metropolis Fundo De Investimento Imobiliario Interest Expense Historical Data

The historical data trend for Asa Metropolis Fundo De Investimento Imobiliario's Interest Expense 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.

* Premium members only.

Asa Metropolis Fundo De Investimento Imobiliario Interest Expense Chart

Asa Metropolis Fundo De Investimento Imobiliario Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
-6.05 -7.51 -6.61

Asa Metropolis Fundo De Investimento Imobiliario Semi-Annual Data
Dec21 Dec22 Dec23
Interest Expense -6.05 -7.51 -6.61

Asa Metropolis Fundo De Investimento Imobiliario Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Asa Metropolis Fundo De Investimento Imobiliario  (BSP:ASMT11) Interest Expense Explanation

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. The higher, the better.

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

Asa Metropolis Fundo De Investimento Imobiliario's Interest Expense for the six months ended in Dec. 2023 was R$-6.61 Mil. Its Operating Income for the six months ended in Dec. 2023 was R$8.13 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was R$0.43 Mil.

Asa Metropolis Fundo De Investimento Imobiliario's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*8.133/-6.607
=1.23

* 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.


Asa Metropolis Fundo De Investimento Imobiliario (BSP:ASMT11) Business Description

Traded in Other Exchanges
N/A
Address
Praia de Botafogo, 501, 6th Floor- Botafogo-, Rio de Janeiro, RJ, BRA, RJ- 22250-040
Website
Asa Metropolis Fundo De Investimento Imobiliario is a real estate investment fund whose main objective is to earn income from rentals and capital gains based on the appreciation of its assets. The fund invests in commercial properties in the main urban regions of Brazil.

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