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Galapagos Fdo De Fdo Fii Fdo Inv Imob (BSP:GCFF11) Interest Coverage : No Debt (1) (As of Jun. 2021)


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What is Galapagos Fdo De Fdo Fii Fdo Inv Imob 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. Galapagos Fdo De Fdo Fii Fdo Inv Imob's Operating Income for the three months ended in Jun. 2021 was R$0.00 Mil. Galapagos Fdo De Fdo Fii Fdo Inv Imob's Interest Expense for the three months ended in Jun. 2021 was R$0.00 Mil. Galapagos Fdo De Fdo Fii Fdo Inv Imob has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Galapagos Fdo De Fdo Fii Fdo Inv Imob's Interest Coverage or its related term are showing as below:


BSP:GCFF11's Interest Coverage is not ranked *
in the REITs industry.
Industry Median: 2.94
* Ranked among companies with meaningful Interest Coverage only.

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


Galapagos Fdo De Fdo Fii Fdo Inv Imob Interest Coverage Historical Data

The historical data trend for Galapagos Fdo De Fdo Fii Fdo Inv Imob'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.

Galapagos Fdo De Fdo Fii Fdo Inv Imob Interest Coverage Chart

Galapagos Fdo De Fdo Fii Fdo Inv Imob Annual Data
Trend Jun20 Jun21 Jun22
Interest Coverage
No Debt No Debt No Debt

Galapagos Fdo De Fdo Fii Fdo Inv Imob Quarterly Data
Jun20 Jun21 Jun22
Interest Coverage No Debt No Debt No Debt

Competitive Comparison of Galapagos Fdo De Fdo Fii Fdo Inv Imob's Interest Coverage

For the REIT - Specialty subindustry, Galapagos Fdo De Fdo Fii Fdo Inv Imob'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.


Galapagos Fdo De Fdo Fii Fdo Inv Imob's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Galapagos Fdo De Fdo Fii Fdo Inv Imob's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Galapagos Fdo De Fdo Fii Fdo Inv Imob's Interest Coverage falls into.



Galapagos Fdo De Fdo Fii Fdo Inv Imob 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.

Galapagos Fdo De Fdo Fii Fdo Inv Imob's Interest Coverage for the fiscal year that ended in Jun. 2022 is calculated as

Here, for the fiscal year that ended in Jun. 2022, Galapagos Fdo De Fdo Fii Fdo Inv Imob's Interest Expense was R$0.00 Mil. Its Operating Income was R$1.44 Mil. And its Long-Term Debt & Capital Lease Obligation was R$0.00 Mil.

Galapagos Fdo De Fdo Fii Fdo Inv Imob had no debt (1).

Galapagos Fdo De Fdo Fii Fdo Inv Imob's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

Here, for the three months ended in Jun. 2021, Galapagos Fdo De Fdo Fii Fdo Inv Imob's Interest Expense was R$0.00 Mil. Its Operating Income was R$0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was R$0.00 Mil.

Galapagos Fdo De Fdo Fii Fdo Inv Imob had no debt (1).

* 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.


Galapagos Fdo De Fdo Fii Fdo Inv Imob  (BSP:GCFF11) 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 .


Galapagos Fdo De Fdo Fii Fdo Inv Imob Interest Coverage Related Terms

Thank you for viewing the detailed overview of Galapagos Fdo De Fdo Fii Fdo Inv Imob's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Galapagos Fdo De Fdo Fii Fdo Inv Imob (BSP:GCFF11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Avenida Brigadeiro Faria Lima, 7th floor Jardim Paulistano, Sao Paulo, BRA

Galapagos Fdo De Fdo Fii Fdo Inv Imob (BSP:GCFF11) Headlines

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