Fundo De Investimento Imobiliario Mint Educacional (BSP:MINT11) Interest Expense : R$-5.59 Mil (TTM As of Jun. 2024)

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What is Fundo De Investimento Imobiliario Mint Educacional Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fundo De Investimento Imobiliario Mint Educacional's interest expense for the six months ended in Jun. 2024 was R$ -5.59 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was R$-5.59 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 De Investimento Imobiliario Mint Educacional's Operating Income for the six months ended in Jun. 2024 was R$ 11.04 Mil. Fundo De Investimento Imobiliario Mint Educacional's Interest Expense for the six months ended in Jun. 2024 was R$ -5.59 Mil. Fundo De Investimento Imobiliario Mint Educacional's Interest Coverage for the quarter that ended in Jun. 2024 was 1.97. 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 De Investimento Imobiliario Mint Educacional Interest Expense Historical Data

The historical data trend for Fundo De Investimento Imobiliario Mint Educacional'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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Fundo De Investimento Imobiliario Mint Educacional Interest Expense Chart

Fundo De Investimento Imobiliario Mint Educacional Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Expense

-8.57

-7.46

-5.59

Fundo De Investimento Imobiliario Mint Educacional Semi-Annual Data
	Jun20	Jun21	Jun22	Jun23	Jun24
Interest Expense	-	-	-8.57	-7.46	-5.59

Fundo De Investimento Imobiliario Mint Educacional 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$-5.59 Mil.

Fundo De Investimento Imobiliario Mint Educacional (BSP:MINT11) 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.

Fundo De Investimento Imobiliario Mint Educacional's Interest Expense for the six months ended in Jun. 2024 was R$-5.59 Mil. Its Operating Income for the six months ended in Jun. 2024 was R$11.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was R$49.78 Mil.

Fundo De Investimento Imobiliario Mint Educacional's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	11.037	/	-5.594
	=	1.97

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

Fundo De Investimento Imobiliario Mint Educacional Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fundo De Investimento Imobiliario Mint Educacional (BSP:MINT11) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Atilio Innocenti, 165, Conj 6-104, Itaim Bibi, Sao Paulo, SP, BRA, 04542-000

Website

https://www.mintcapital.com.br

Fundo De Investimento Imobiliario Mint Educacional aims to obtain income and capital gains through the acquisition of properties in the education sector.

Fundo De Investimento Imobiliario Mint Educacional Headlines

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