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WHG Real Estate Fundo De Investimento Imobiliario - FII (BSP:WHGR11) Financial Strength : 7 (As of Jun. 2024)


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What is WHG Real Estate Fundo De Investimento Imobiliario - FII Financial Strength?

WHG Real Estate Fundo De Investimento Imobiliario - FII has the Financial Strength Rank of 7.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

GuruFocus does not calculate WHG Real Estate Fundo De Investimento Imobiliario - FII's interest coverage with the available data. Altman Z-Score does not apply to banks and insurance companies.


WHG Real Estate Fundo De Investimento Imobiliario - FII Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). 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.

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:

WHG Real Estate Fundo De Investimento Imobiliario - FII's Interest Expense for the months ended in Jun. 2024 was R$0.00 Mil. Its Operating Income for the months ended in Jun. 2024 was R$0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was R$0.00 Mil.

WHG Real Estate Fundo De Investimento Imobiliario - FII's Interest Coverage for the quarter that ended in Jun. 2024 is

WHG Real Estate Fundo De Investimento Imobiliario - FII had no long-term debt (1).

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

WHG Real Estate Fundo De Investimento Imobiliario - FII has no debt.

2. Debt to revenue ratio. The lower, the better.

WHG Real Estate Fundo De Investimento Imobiliario - FII's Debt to Revenue Ratio for the quarter that ended in Jun. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 0
=N/A

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Altman Z-Score does not apply to banks and insurance companies.

* 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.


WHG Real Estate Fundo De Investimento Imobiliario - FII  (BSP:WHGR11) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

WHG Real Estate Fundo De Investimento Imobiliario - FII has the Financial Strength Rank of 7.


WHG Real Estate Fundo De Investimento Imobiliario - FII Financial Strength Related Terms

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WHG Real Estate Fundo De Investimento Imobiliario - FII Business Description

Traded in Other Exchanges
N/A
Address
Praia de Botafogo, 228,, 9th floor- Botafogo-, Rio de Janeiro, BRA, RJ- 22250-906
WHG Real Estate Fundo De Investimento Imobiliario - FII is a Real Estate Investment Fund that operates in the Income Development area, in the Others segment. The purpose of the Fund is to earn income and/or capital gains, as well as to provide shareholders with the of its shares through investment and, as the case may be, divestment, in the assets rem in real estate, shares, debentures, subscription bonuses, their coupons, rights, subscription receipts, and split certificates.