GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Inter Residence Fundo DE Investimento Imobiliario -FII (BSP:INRD11) » Definitions » Interest Expense

Inter Residence Fundo DE Investimento Imobiliario -FII (BSP:INRD11) Interest Expense : R$0.00 Mil (TTM As of Jun. 2024)


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What is Inter Residence Fundo DE Investimento Imobiliario -FII Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Inter Residence Fundo DE Investimento Imobiliario -FII's interest expense for the six months ended in Jun. 2024 was R$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 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. Inter Residence Fundo DE Investimento Imobiliario -FII's Operating Income for the six months ended in Jun. 2024 was R$ 7.41 Mil. Inter Residence Fundo DE Investimento Imobiliario -FII's Interest Expense for the six months ended in Jun. 2024 was R$ 0.00 Mil. Inter Residence Fundo DE Investimento Imobiliario -FII 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.

Inter Residence Fundo DE Investimento Imobiliario -FII Interest Expense Historical Data

The historical data trend for Inter Residence Fundo DE Investimento Imobiliario -FII'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.

Inter Residence Fundo DE Investimento Imobiliario -FII Interest Expense Chart

Inter Residence Fundo DE Investimento Imobiliario -FII Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Interest Expense
- - - -

Inter Residence Fundo DE Investimento Imobiliario -FII Semi-Annual Data
Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense - - - - -

Inter Residence Fundo DE Investimento Imobiliario -FII 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 Jun. 2024 was R$0.00 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.

Inter Residence Fundo DE Investimento Imobiliario -FII  (BSP:INRD11) 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.

Inter Residence Fundo DE Investimento Imobiliario -FII's Interest Expense for the six months ended in Jun. 2024 was R$0.00 Mil. Its Operating Income for the six months ended in Jun. 2024 was R$7.41 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was R$0.00 Mil.

Inter Residence Fundo DE Investimento Imobiliario -FII's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Inter Residence Fundo DE Investimento Imobiliario -FII had no long-term 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.

Good Sign:

Inter Residence Fundo DE Investimento Imobiliario -FII has no debt.

Inter Residence Fundo DE Investimento Imobiliario -FII Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Inter Residence Fundo DE Investimento Imobiliario -FII (BSP:INRD11) » Definitions » Interest Expense
Comparable Companies
BSP:JPPA11 BSP:RBRS11 BSP:HOSI11 BSP:LRDI11 BSP:VCRR11 BSP:ARRI11 BSP:HCST11 BSP:RBIR11 BSP:KEVE11 BSP:LFTT11 AVB EQR INVH ESS MAA SUI UDR AMH CPT ELS
Traded in Other Exchanges
N/A
Address
Avenue Presidente Juscelino Kubitschek, 1400 - 8th Floor, Condminio Maria Cecilia Lara Campos - Itaim Bibi, Sao Paulo, SP, BRA, 04543-000
Website
https://alugue.luggo.com.br
Inter Residence Fundo DE Investimento Imobiliario -FII formerly Luggo Fundo DE Investimento Imobiliario - FII is a real estate investment fund which focuses its investments in the residential construction sector.

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