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BTG Pactual Credito Imobiliario (BSP:BTCI11) Interest Coverage : No Debt (1) (As of Dec. 2023)


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What is BTG Pactual Credito Imobiliario 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. BTG Pactual Credito Imobiliario's Operating Income for the six months ended in Dec. 2023 was R$123.3 Mil. BTG Pactual Credito Imobiliario's Interest Expense for the six months ended in Dec. 2023 was R$0.0 Mil. BTG Pactual Credito Imobiliario has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

BTG Pactual Credito Imobiliario has no debt.

(1) 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.

The historical rank and industry rank for BTG Pactual Credito Imobiliario's Interest Coverage or its related term are showing as below:

BSP:BTCI11' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


BSP:BTCI11's Interest Coverage is ranked better than
98.66% of 449 companies
in the Asset Management industry
Industry Median: 38.09 vs BSP:BTCI11: No Debt

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


BTG Pactual Credito Imobiliario Interest Coverage Historical Data

The historical data trend for BTG Pactual Credito Imobiliario'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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BTG Pactual Credito Imobiliario Interest Coverage Chart

BTG Pactual Credito Imobiliario Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

BTG Pactual Credito Imobiliario Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage Get a 7-Day Free Trial No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of BTG Pactual Credito Imobiliario's Interest Coverage

For the Asset Management subindustry, BTG Pactual Credito Imobiliario'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.


BTG Pactual Credito Imobiliario's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BTG Pactual Credito Imobiliario's Interest Coverage distribution charts can be found below:

* The bar in red indicates where BTG Pactual Credito Imobiliario's Interest Coverage falls into.



BTG Pactual Credito Imobiliario 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.

BTG Pactual Credito Imobiliario'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, BTG Pactual Credito Imobiliario's Interest Expense was R$0.0 Mil. Its Operating Income was R$123.3 Mil. And its Long-Term Debt & Capital Lease Obligation was R$0.0 Mil.

BTG Pactual Credito Imobiliario had no debt (1).

BTG Pactual Credito Imobiliario's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, BTG Pactual Credito Imobiliario's Interest Expense was R$0.0 Mil. Its Operating Income was R$123.3 Mil. And its Long-Term Debt & Capital Lease Obligation was R$0.0 Mil.

BTG Pactual Credito Imobiliario had no 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.


BTG Pactual Credito Imobiliario  (BSP:BTCI11) 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 .


BTG Pactual Credito Imobiliario Interest Coverage Related Terms

Thank you for viewing the detailed overview of BTG Pactual Credito Imobiliario's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


BTG Pactual Credito Imobiliario (BSP:BTCI11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Av. Brigadeiro Faria Lima, 3.477, 14th Floor, Sao Paulo, SP, BRA, 04538-133
BTG Pactual Credito Imobiliario is a real estate fund in the high-grade real estate credit segment. It stands out for the active management of its portfolio, with the primary objective of investing in real estate receivables certificates that offer investors the best return in relation to the risk of operations.

BTG Pactual Credito Imobiliario (BSP:BTCI11) Headlines

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