GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fundo Investimento Imobiliario SC 401 (BSP:FISC11) » Definitions » Interest Expense

Fundo Investimento Imobiliario SC 401 (BSP:FISC11) Interest Expense : R$-0.01 Mil (TTM As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Fundo Investimento Imobiliario SC 401 Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fundo Investimento Imobiliario SC 401's interest expense for the six months ended in Dec. 2023 was R$ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was R$-0.01 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. Fundo Investimento Imobiliario SC 401's Operating Income for the six months ended in Dec. 2023 was R$ 7.46 Mil. Fundo Investimento Imobiliario SC 401's Interest Expense for the six months ended in Dec. 2023 was R$ -0.01 Mil. Fundo Investimento Imobiliario SC 401's Interest Coverage for the quarter that ended in Dec. 2023 was 573.85. 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.


Fundo Investimento Imobiliario SC 401 Interest Expense Historical Data

The historical data trend for Fundo Investimento Imobiliario SC 401'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.

Fundo Investimento Imobiliario SC 401 Interest Expense Chart

Fundo Investimento Imobiliario SC 401 Annual Data
Trend Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.30 -0.82 -0.38 -0.08 -0.01

Fundo Investimento Imobiliario SC 401 Semi-Annual Data
Dec12 Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.30 -0.82 -0.38 -0.08 -0.01

Fundo Investimento Imobiliario SC 401 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$-0.01 Mil.

* 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.


Fundo Investimento Imobiliario SC 401  (BSP:FISC11) 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.

Fundo Investimento Imobiliario SC 401's Interest Expense for the six months ended in Dec. 2023 was R$-0.01 Mil. Its Operating Income for the six months ended in Dec. 2023 was R$7.46 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was R$0.00 Mil.

Fundo Investimento Imobiliario SC 401'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*7.46/-0.013
=573.85

* 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.

Good Sign:

Fundo Investimento Imobiliario SC 401 has no debt.


Fundo Investimento Imobiliario SC 401 Business Description

Traded in Other Exchanges
N/A
Address
Dr. Jose Montaury Street, 139 - 7th Floor, Porto Alegre, RS, BRA, CEP 90010-090
Fundo Investimento Imobiliario SC 401 is a structured fund operated by UNITS BR-CAPITAL. The fund owns stores and office complexes for the lease of Square SC, a multipurpose development located in Florianopolis/SC, and Mall W Tower, a mall located in Caxias do Sul/RS. The fund owns stores and corporate offices in Square SC, in addition to owning the rotating parking lot and owns stores in the Mall W Tower and the rotating parking in the Mall.

Fundo Investimento Imobiliario SC 401 Headlines

No Headlines