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Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I (BSP:BARI11) Interest Coverage : 550.81 (As of Dec. 2023)


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What is Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I Interest Coverage?

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 by its Interest Expense. Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I's Operating Income for the six months ended in Dec. 2023 was R$44.62 Mil. Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I's Interest Expense for the six months ended in Dec. 2023 was R$-0.08 Mil. Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I's interest coverage for the quarter that ended in Dec. 2023 was 550.81. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I has no debt.

The historical rank and industry rank for Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I's Interest Coverage or its related term are showing as below:

BSP:BARI11' s Interest Coverage Range Over the Past 10 Years
Min: 281.33   Med: 520.82   Max: No Debt
Current: 550.81


BSP:BARI11's Interest Coverage is ranked worse than
90.02% of 431 companies
in the Diversified Financial Services industry
Industry Median: No Debt vs BSP:BARI11: 550.81

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 Barigui Rendimentos Imobiliarios I Interest Coverage Historical Data

The historical data trend for Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No 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.

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Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I Interest Coverage Chart

Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial 281.33 490.83 863.33 383.13 550.81

Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage Get a 7-Day Free Trial 281.33 490.83 863.33 383.13 550.81

Competitive Comparison of Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I's Interest Coverage

For the Financial Conglomerates subindustry, Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I's Interest Coverage falls into.



Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


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 Barigui Rendimentos Imobiliarios I's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I's Interest Expense was R$-0.08 Mil. Its Operating Income was R$44.62 Mil. And its Long-Term Debt & Capital Lease Obligation was R$0.00 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*44.616/-0.081
=550.81

Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I's Interest Expense was R$-0.08 Mil. Its Operating Income was R$44.62 Mil. And its Long-Term Debt & Capital Lease Obligation was R$0.00 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*44.616/-0.081
=550.81

* 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 DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I  (BSP:BARI11) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I Interest Coverage Related Terms

Thank you for viewing the detailed overview of Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I (BSP:BARI11) Business Description

Traded in Other Exchanges
N/A
Address
Rua Alvaro Anes, 46, Pinheiros, SP, BRA, CEP - 05121-010
Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I, is responsible for advising the Administrator on the selection of the Assets Real Estate and Financial Investments.

Fundo DE Investimento Imobiliario Barigui Rendimentos Imobiliarios I (BSP:BARI11) Headlines

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