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Legatus Shoppings Fundo DE Investimento Imobiliario - FII (BSP:LASC11) Interest Expense : R$-0.14 Mil (TTM As of Dec. 2023)


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What is Legatus Shoppings Fundo DE Investimento Imobiliario - FII Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Legatus Shoppings Fundo DE Investimento Imobiliario - FII's interest expense for the six months ended in Dec. 2023 was R$ -0.14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was R$-0.14 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. Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Operating Income for the six months ended in Dec. 2023 was R$ 30.05 Mil. Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Interest Expense for the six months ended in Dec. 2023 was R$ -0.14 Mil. Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Interest Coverage for the quarter that ended in Dec. 2023 was 214.66. 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.

Legatus Shoppings Fundo DE Investimento Imobiliario - FII Interest Expense Historical Data

The historical data trend for Legatus Shoppings 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.

Legatus Shoppings Fundo DE Investimento Imobiliario - FII Interest Expense Chart

Legatus Shoppings Fundo DE Investimento Imobiliario - FII Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
- - -0.08 -0.01 -0.14

Legatus Shoppings Fundo DE Investimento Imobiliario - FII Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense - - -0.08 -0.01 -0.14

Legatus Shoppings 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 Dec. 2023 was R$-0.14 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.

Legatus Shoppings Fundo DE Investimento Imobiliario - FII  (BSP:LASC11) 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.

Legatus Shoppings Fundo DE Investimento Imobiliario - FII's Interest Expense for the six months ended in Dec. 2023 was R$-0.14 Mil. Its Operating Income for the six months ended in Dec. 2023 was R$30.05 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was R$0.00 Mil.

Legatus Shoppings Fundo DE Investimento Imobiliario - FII'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*30.053/-0.14
=214.66

* 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:

Legatus Shoppings Fundo DE Investimento Imobiliario - FII has no debt.

Legatus Shoppings Fundo DE Investimento Imobiliario - FII Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Legatus Shoppings Fundo DE Investimento Imobiliario - FII (BSP:LASC11) » Definitions » Interest Expense
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Address
Praia de Botafogo, 501, Rio de Janeiro, RJ, BRA, CEP: 22250040
Website
https://www.btgpactual.com
Legatus Shoppings Fundo DE Investimento Imobiliario - FII is a Brazil-based company. Its objective is to obtain income through the real estate exploration of Real Estate Assets, as well as capital gains, through the purchase and sale of Real Estate Assets and the investment of resources, predominantly in Real Estate Assets.

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