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Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario (BSP:RBRS11) Interest Expense : R$0.00 Mil (TTM As of Dec. 2023)


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What is Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario's interest expense for the six months ended in Dec. 2023 was R$ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 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. Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario's Operating Income for the six months ended in Dec. 2023 was R$ 7.99 Mil. Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario's Interest Expense for the six months ended in Dec. 2023 was R$ 0.00 Mil. Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario 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.


Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario Interest Expense Historical Data

The historical data trend for Rio Bravo Renda Residencial Fundo DE Investimentos 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.

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario Interest Expense Chart

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-0.04 - - -

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Interest Expense -0.04 - - -

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario 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$0.00 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.


Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario  (BSP:RBRS11) 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.

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario's Interest Expense for the six months ended in Dec. 2023 was R$0.00 Mil. Its Operating Income for the six months ended in Dec. 2023 was R$7.99 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was R$0.00 Mil.

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario 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:

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario has no debt.


Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario Business Description

Traded in Other Exchanges
N/A
Address
Av. Chedid Jafet, 222, Bloco B, 3rd Floor - Vila Olimpia, Sao Paulo, SP, BRA, 04511-065
Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario operates as a real estate investment fund. The company investment objective is to earn income from income and sale of real estate assets predominantly for residential use, located within the main urban centers with high density; close to universities, shopping centers and public transport; and high liquidity according to current consumption patterns.

Rio Bravo Renda Residencial Fundo DE Investimentos Imobiliario Headlines

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