BB Fundo Invest Imobiliario Progressivo (BSP:BBFI11B) Interest Expense : R$0.00 Mil (TTM As of Dec. 2023)

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What is BB Fundo Invest Imobiliario Progressivo Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BB Fundo Invest Imobiliario Progressivo's interest expense for the six months ended in Dec. 2023 was R$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was R$0.00 Mil.

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. BB Fundo Invest Imobiliario Progressivo's Operating Income for the six months ended in Dec. 2023 was R$ 15.91 Mil. BB Fundo Invest Imobiliario Progressivo's Interest Expense for the six months ended in Dec. 2023 was R$ 0.00 Mil. BB Fundo Invest Imobiliario Progressivo has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term 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.

BB Fundo Invest Imobiliario Progressivo Interest Expense Historical Data

The historical data trend for BB Fundo Invest Imobiliario Progressivo'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.

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BB Fundo Invest Imobiliario Progressivo Interest Expense Chart

BB Fundo Invest Imobiliario Progressivo Annual Data

Trend

Dec19

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Dec23

Interest Expense

BB Fundo Invest Imobiliario Progressivo Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
Interest Expense	-	-	-	-	-

BB Fundo Invest Imobiliario Progressivo Interest Expense Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was R$0.00 Mil.

BB Fundo Invest Imobiliario Progressivo (BSP:BBFI11B) Interest Expense Explanation

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

BB Fundo Invest Imobiliario Progressivo's Interest Expense for the six months ended in Dec. 2023 was R$0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was R$15.91 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was R$0.00 Mil.

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

BB Fundo Invest Imobiliario Progressivo had no long-term debt ⁽¹⁾.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

BB Fundo Invest Imobiliario Progressivo has no debt.

BB Fundo Invest Imobiliario Progressivo (BSP:BBFI11B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » BB Fundo Invest Imobiliario Progressivo (BSP:BBFI11B) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

Avenida Paulista, 2300, 11th Floor, Sao Paulo, SP, BRA, 1310300

Website

http://www.fundoimobiliario.com.br

BB Fundo Invest Imobiliario Progressivo is an investment REIT. The firm invests in commercial real estate developments that generate frequent revenue, such as commercial buildings, hospitals, shopping malls, distribution, and logistics centers. It is managed by Caixa Economica Federal. Its assets are leased to the Bank of Brazil.

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