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Fundo Investimento Imobiliario RIO Bravo Renda Educacional FII (BSP:RBED11) Interest Expense : R$-2.31 Mil (TTM As of Dec. 2023)


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What is Fundo Investimento Imobiliario RIO Bravo Renda Educacional FII Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fundo Investimento Imobiliario RIO Bravo Renda Educacional FII's interest expense for the six months ended in Dec. 2023 was R$ -2.31 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was R$-2.31 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 RIO Bravo Renda Educacional FII's Operating Income for the six months ended in Dec. 2023 was R$ 36.54 Mil. Fundo Investimento Imobiliario RIO Bravo Renda Educacional FII's Interest Expense for the six months ended in Dec. 2023 was R$ -2.31 Mil. Fundo Investimento Imobiliario RIO Bravo Renda Educacional FII's Interest Coverage for the quarter that ended in Dec. 2023 was 15.84. 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 RIO Bravo Renda Educacional FII Interest Expense Historical Data

The historical data trend for Fundo Investimento Imobiliario RIO Bravo Renda Educacional 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.

Fundo Investimento Imobiliario RIO Bravo Renda Educacional FII Interest Expense Chart

Fundo Investimento Imobiliario RIO Bravo Renda Educacional FII Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial - - -1.21 -1.36 -2.31

Fundo Investimento Imobiliario RIO Bravo Renda Educacional FII Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense Get a 7-Day Free Trial - - -1.21 -1.36 -2.31

Fundo Investimento Imobiliario RIO Bravo Renda Educacional 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$-2.31 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 RIO Bravo Renda Educacional FII  (BSP:RBED11) 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 RIO Bravo Renda Educacional FII's Interest Expense for the six months ended in Dec. 2023 was R$-2.31 Mil. Its Operating Income for the six months ended in Dec. 2023 was R$36.54 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was R$30.88 Mil.

Fundo Investimento Imobiliario RIO Bravo Renda Educacional 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*36.536/-2.306
=15.84

* 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.


Fundo Investimento Imobiliario RIO Bravo Renda Educacional FII Business Description

Traded in Other Exchanges
Address
Chedid Jafet Avenue, 222, 3rd Floor, Complex-32, Vila Olimpia, Sao Paulo, SP, BRA, 04511-065
Fundo Investimento Imobiliario RIO Bravo Renda Educacional FII operates as a real estate investment fund.

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