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Brasilagro - Cia Bras de Prop Agricolas (Brasilagro - Cia Bras de Prop Agricolas) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Brasilagro - Cia Bras de Prop Agricolas 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. Brasilagro - Cia Bras de Prop Agricolas's Operating Income for the three months ended in Mar. 2024 was $-2.2 Mil. Brasilagro - Cia Bras de Prop Agricolas's Interest Expense for the three months ended in Mar. 2024 was $-4.1 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Brasilagro - Cia Bras de Prop Agricolas's Interest Coverage or its related term are showing as below:

LND' s Interest Coverage Range Over the Past 10 Years
Min: 0.54   Med: 8.19   Max: 14.41
Current: 3.59


LND's Interest Coverage is ranked worse than
70.97% of 1378 companies
in the Consumer Packaged Goods industry
Industry Median: 8.68 vs LND: 3.59

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


Brasilagro - Cia Bras de Prop Agricolas Interest Coverage Historical Data

The historical data trend for Brasilagro - Cia Bras de Prop Agricolas'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.

* Premium members only.

Brasilagro - Cia Bras de Prop Agricolas Interest Coverage Chart

Brasilagro - Cia Bras de Prop Agricolas Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.21 6.43 14.41 9.94 5.34

Brasilagro - Cia Bras de Prop Agricolas Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 2.69 14.53 - -

Competitive Comparison of Brasilagro - Cia Bras de Prop Agricolas's Interest Coverage

For the Farm Products subindustry, Brasilagro - Cia Bras de Prop Agricolas'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.


Brasilagro - Cia Bras de Prop Agricolas's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Brasilagro - Cia Bras de Prop Agricolas's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Brasilagro - Cia Bras de Prop Agricolas's Interest Coverage falls into.



Brasilagro - Cia Bras de Prop Agricolas 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.

Brasilagro - Cia Bras de Prop Agricolas's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, Brasilagro - Cia Bras de Prop Agricolas's Interest Expense was $-10.6 Mil. Its Operating Income was $56.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $127.4 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2023 )/Interest Expense (A: Jun. 2023 )
=-1*56.654/-10.616
=5.34

Brasilagro - Cia Bras de Prop Agricolas's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Brasilagro - Cia Bras de Prop Agricolas's Interest Expense was $-4.1 Mil. Its Operating Income was $-2.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $145.4 Mil.

Brasilagro - Cia Bras de Prop Agricolas did not have earnings to cover the interest expense.

* 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.


Brasilagro - Cia Bras de Prop Agricolas  (NYSE:LND) 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 .


Brasilagro - Cia Bras de Prop Agricolas Interest Coverage Related Terms

Thank you for viewing the detailed overview of Brasilagro - Cia Bras de Prop Agricolas's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Brasilagro - Cia Bras de Prop Agricolas (Brasilagro - Cia Bras de Prop Agricolas) Business Description

Traded in Other Exchanges
Address
Avenida Brigadeiro Faria Lima, 1309, 5th Floor, Sao Paulo, SP, BRA, 1452-002
Brasilagro - Cia Bras de Prop Agricolas is a Brazil-based company, engaged in the acquisition, development, operation, and sale of rural properties suitable for agricultural activities. The business activity of the firm is operated through Real estate, Grains, Sugarcane, Cattle rising, Cotton, and Other segments. The Grains segment is involved in the production and sale of soybean and corn. The Sugarcane segment includes the sale of raw product. The Real Estate segment presents the P&L from operations carried out in the company's subsidiaries. The Cattle Raising segment consists of producing and selling beef calves after weaning, which characterizes the activity as breeding and the Other segment engages in other corporate activities. The majority of revenue is earned from Grain Segment.

Brasilagro - Cia Bras de Prop Agricolas (Brasilagro - Cia Bras de Prop Agricolas) Headlines

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