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Vectis Juros Real Fundo DE Investimento Imobiliario-FII (BSP:VCJR11) Financial Strength

: 8 (As of Jun. 2023)
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Vectis Juros Real Fundo DE Investimento Imobiliario-FII has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

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.

GuruFocus does not calculate Vectis Juros Real Fundo DE Investimento Imobiliario-FII's interest coverage with the available data. Vectis Juros Real Fundo DE Investimento Imobiliario-FII's debt to revenue ratio for the quarter that ended in Jun. 2023 was 0.00. Altman Z-Score does not apply to banks and insurance companies.


Vectis Juros Real 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:

Vectis Juros Real Fundo DE Investimento Imobiliario-FII's Interest Expense for the months ended in Jun. 2023 was R$0.0 Mil. Its Operating Income for the months ended in Jun. 2023 was R$0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was R$0.0 Mil.

Vectis Juros Real Fundo DE Investimento Imobiliario-FII's Interest Coverage for the quarter that ended in Jun. 2023 is

Vectis Juros Real 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:

Vectis Juros Real Fundo DE Investimento Imobiliario-FII has no debt.

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

Vectis Juros Real Fundo DE Investimento Imobiliario-FII's Debt to Revenue Ratio for the quarter that ended in Jun. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 161.44
=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.

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.


Vectis Juros Real Fundo DE Investimento Imobiliario-FII  (BSP:VCJR11) 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.

Vectis Juros Real Fundo DE Investimento Imobiliario-FII has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Vectis Juros Real Fundo DE Investimento Imobiliario-FII Financial Strength Related Terms

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Vectis Juros Real Fundo DE Investimento Imobiliario-FII (BSP:VCJR11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Rua Leopoldo Couto de Magalhaes Junior, 758 – cj. 132, Sao Paulo, SP, BRA, 04542-000
Vectis Juros Real Fundo DE Investimento Imobiliario-FII is a real estate investment trust.