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SYN Prop E Tech (BSP:SYNE3) Interest Expense : R$-154 Mil (TTM As of Dec. 2024)


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What is SYN Prop E Tech Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SYN Prop E Tech's interest expense for the three months ended in Dec. 2024 was R$ -38 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was R$-154 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. SYN Prop E Tech's Operating Income for the three months ended in Dec. 2024 was R$ 374 Mil. SYN Prop E Tech's Interest Expense for the three months ended in Dec. 2024 was R$ -38 Mil. SYN Prop E Tech's Interest Coverage for the quarter that ended in Dec. 2024 was 9.92. 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.

SYN Prop E Tech Interest Expense Historical Data

The historical data trend for SYN Prop E Tech'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.

SYN Prop E Tech Interest Expense Chart

SYN Prop E Tech Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -108.34 -164.26 -207.24 -188.27 -154.48

SYN Prop E Tech Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -42.47 -43.28 -37.80 -35.67 -37.73

SYN Prop E Tech Interest Expense Calculation

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

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-154 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.

SYN Prop E Tech  (BSP:SYNE3) 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.

SYN Prop E Tech's Interest Expense for the three months ended in Dec. 2024 was R$-38 Mil. Its Operating Income for the three months ended in Dec. 2024 was R$374 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was R$687 Mil.

SYN Prop E Tech's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*374.103/-37.73
=9.92

* 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.

SYN Prop E Tech Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » SYN Prop E Tech SA (BSP:SYNE3) » Definitions » Interest Expense
Comparable Companies
BSP:HREC11 BSP:TRXB11 BSP:TMPS11 BSP:GSHP3 ASX:GMG TSE:8801 TSE:8802 HKSE:00012 PHS:SMPH SHSE:600415 XSWX:SPSN OSTO:BALD B TSE:1878 BOM:503100 BKK:CPN BOM:533274 SHSE:600515 JSE:NRP ASX:CHC TSE:3289
Traded in Other Exchanges
N/A
Address
Avenida Brigadeiro Faria Lima, 3600, 14th Floor Itaim Bibi, Sao Paulo, SP, BRA, CEP: 04538-132
Website
https://www.syn.com.br
SYN Prop E Tech SA is involved in the real estate sector. It focuses on the development, sale, and lease of commercial properties, operation of shopping malls, provision of management, contract management, real estate development services, and other related services. The company is organized into three operating segments Buildings, Shopping malls, Services, and Others. The maximum revenue of the company is earned from the Shopping malls consisting of the lease of stores in shopping malls. The Buildings segment consists of the sale and lease of completed office buildings, the Services segment consists of services involving the management of shopping malls, development of properties, and operation of parking lots, and the others segment consists of the lease of other types of properties.

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