Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) Interest Expense : R$ Mil (TTM As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's interest expense for the six months ended in Dec. 2023 was R$ -0.03 Mil. Merito Desenvolvimento Imobiliario I FII 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. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Operating Income for the six months ended in Dec. 2023 was R$ 76.53 Mil. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Interest Expense for the six months ended in Dec. 2023 was R$ -0.03 Mil. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Interest Coverage for the quarter that ended in Dec. 2023 was 2,638.90. 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.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Interest Expense Historical Data

The historical data trend for Merito Desenvolvimento Imobiliario I FII 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.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Interest Expense Chart

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-0.08

-0.03

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Semi-Annual Data
	Dec21	Dec22	Dec23
Interest Expense	-0.08	-0.03	-0.03

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Interest Expense Calculation

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

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) 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.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Interest Expense for the six months ended in Dec. 2023 was R$-0.03 Mil. Its Operating Income for the six months ended in Dec. 2023 was R$76.53 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was R$0.00 Mil.

Merito Desenvolvimento Imobiliario I FII 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	*	76.528	/	-0.029
	=	2,638.90

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

Good Sign:

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario has no debt.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

MFCR11:Brazil

Address

Rua Funchal, 418 - 21 andar, Sao Paulo, SP, BRA, 04548-004

Website

https://www.meritoinvestimentos.com

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario is a real estate investment trust. It is engaged in the acquisition of interests in real estate development projects developed in partnership with developers.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) Headlines

No Headlines