Fundo De Investimento Imobiliario De Unidades Autonomas II (BSP:IDGR11) Interest Expense : R$ Mil (TTM As of Jun. 2023)

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What is Fundo De Investimento Imobiliario De Unidades Autonomas II Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fundo De Investimento Imobiliario De Unidades Autonomas II's interest expense for the six months ended in Jun. 2023 was R$ 0.00 Mil. Fundo De Investimento Imobiliario De Unidades Autonomas II does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jun. 2023.

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. Fundo De Investimento Imobiliario De Unidades Autonomas II's Operating Income for the six months ended in Jun. 2023 was R$ 7.11 Mil. Fundo De Investimento Imobiliario De Unidades Autonomas II's Interest Expense for the six months ended in Jun. 2023 was R$ 0.00 Mil. Fundo De Investimento Imobiliario De Unidades Autonomas II has no long-term debt ⁽¹⁾. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

(1) Note: An indication of "no long-term 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.

Fundo De Investimento Imobiliario De Unidades Autonomas II Interest Expense Historical Data

The historical data trend for Fundo De Investimento Imobiliario De Unidades Autonomas II's Interest Expense 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.

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Fundo De Investimento Imobiliario De Unidades Autonomas II Interest Expense Chart

Fundo De Investimento Imobiliario De Unidades Autonomas II Annual Data

Trend

Jun22

Jun23

Interest Expense

Fundo De Investimento Imobiliario De Unidades Autonomas II Semi-Annual Data
	Jun22	Jun23
Interest Expense	-	-

Fundo De Investimento Imobiliario De Unidades Autonomas II Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Fundo De Investimento Imobiliario De Unidades Autonomas II (BSP:IDGR11) Interest Expense Explanation

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

Fundo De Investimento Imobiliario De Unidades Autonomas II's Interest Expense for the six months ended in Jun. 2023 was R$0.00 Mil. Its Operating Income for the six months ended in Jun. 2023 was R$7.11 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was R$0.00 Mil.

Fundo De Investimento Imobiliario De Unidades Autonomas II's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Fundo De Investimento Imobiliario De Unidades Autonomas II had no long-term debt ⁽¹⁾.

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

Good Sign:

Fundo De Investimento Imobiliario De Unidades Autonomas II has no debt.

Fundo De Investimento Imobiliario De Unidades Autonomas II (BSP:IDGR11) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fundo De Investimento Imobiliario De Unidades Autonomas II (BSP:IDGR11) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

Rua Bandeira Paulista, 726-28 andar, Conjunto 284, Itaim Bibi, Sao Paulo, SP, BRA

Website

Fundo De Investimento Imobiliario De Unidades Autonomas II is a new investment fund. Its purpose is to invest mainly in the acquisition of real rights over real estate, in particular, built residential properties and, in addition, in the following assets namely certificates of real estate receivables; mortgage bills; real estate credit notes and guaranteed real estate bills.

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