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Cshg Real Estate Fundo Invest Imobiliario (BSP:HGRE11) Financial Strength : 10 (As of Dec. 2023)


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What is Cshg Real Estate Fundo Invest Imobiliario Financial Strength?

Cshg Real Estate Fundo Invest Imobiliario has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Cshg Real Estate Fundo Invest Imobiliario shows strong financial strength.

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

Cshg Real Estate Fundo Invest Imobiliario's Interest Coverage for the quarter that ended in Dec. 2023 was 9.31. Cshg Real Estate Fundo Invest Imobiliario's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.00. As of today, Cshg Real Estate Fundo Invest Imobiliario's Altman Z-Score is 10.61.


Competitive Comparison of Cshg Real Estate Fundo Invest Imobiliario's Financial Strength

For the REIT - Diversified subindustry, Cshg Real Estate Fundo Invest Imobiliario's Financial Strength, along with its competitors' market caps and Financial Strength 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.


Cshg Real Estate Fundo Invest Imobiliario's Financial Strength Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Cshg Real Estate Fundo Invest Imobiliario's Financial Strength distribution charts can be found below:

* The bar in red indicates where Cshg Real Estate Fundo Invest Imobiliario's Financial Strength falls into.



Cshg Real Estate Fundo Invest Imobiliario 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:

Cshg Real Estate Fundo Invest Imobiliario's Interest Expense for the months ended in Dec. 2023 was R$-9.7 Mil. Its Operating Income for the months ended in Dec. 2023 was R$90.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$0.0 Mil.

Cshg Real Estate Fundo Invest Imobiliario's Interest Coverage for the quarter that ended in Dec. 2023 is

Interest Coverage=-1*Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*90.112/-9.676
=9.31

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

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

Cshg Real Estate Fundo Invest Imobiliario's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 121.288
=0.00

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.

Cshg Real Estate Fundo Invest Imobiliario has a Z-score of 10.61, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 10.61 is strong.

* 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.


Cshg Real Estate Fundo Invest Imobiliario  (BSP:HGRE11) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Cshg Real Estate Fundo Invest Imobiliario has the Financial Strength Rank of 10. It shows strong financial strength and is unlikely to fall into distressed situations.


Cshg Real Estate Fundo Invest Imobiliario Financial Strength Related Terms

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Cshg Real Estate Fundo Invest Imobiliario (BSP:HGRE11) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Presidente Juscelino Kubitschek, Tower IV - 7th Floor - Moema, São Paulo, SP, BRA, 04543900
Cshg Real Estate Fundo Invest Imobiliario is engaged in the acquisition of commercial real estate projects for commercial operation.

Cshg Real Estate Fundo Invest Imobiliario (BSP:HGRE11) Headlines

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