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Octo Fundo De Investimento Imobiliario (BSP:OCRE11) Interest Expense : R$ Mil (TTM As of Dec. 2023)


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What is Octo Fundo De Investimento Imobiliario Interest Expense?

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


Octo Fundo De Investimento Imobiliario Interest Expense Historical Data

The historical data trend for Octo Fundo De Investimento Imobiliario'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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Octo Fundo De Investimento Imobiliario Interest Expense Chart

Octo Fundo De Investimento Imobiliario Annual Data
Trend Dec22 Dec23
Interest Expense
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Octo Fundo De Investimento Imobiliario Semi-Annual Data
Dec22 Dec23
Interest Expense - -

Octo Fundo De Investimento Imobiliario Interest Expense Calculation

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


Octo Fundo De Investimento Imobiliario  (BSP:OCRE11) Interest Expense Explanation

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. 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.

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

Octo Fundo De Investimento Imobiliario's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Octo Fundo De Investimento Imobiliario had no long-term 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.

Good Sign:

Octo Fundo De Investimento Imobiliario has no debt.


Octo Fundo De Investimento Imobiliario (BSP:OCRE11) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Pres Juscelino Kubitschek, 1726, 19 Andar- Vila Nova Conceicao, Sao Paulo, SP, BRA, 04543000
Octo Fundo De Investimento Imobiliario is intended for investors in general, including, but not limited to, natural or legal persons, investment funds, entities authorized to operate by the Central Bank of Brazil, insurance companies, private pension and capitalization entities, as well as non-public investors. The purpose of the Fund is to provide shareholders with income and capital gain, through the investment of their assets in the following target assets: shares of other real estate investment funds, certificates of real estate receivables, mortgage bills, real estate credit notes, guaranteed real estate bills, certificates of additional construction potential, issued based on Instruction, etc.

Octo Fundo De Investimento Imobiliario (BSP:OCRE11) Headlines

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