Growthpoint Properties Australia

ASX GOZ.AX

Growthpoint Properties Australia Interest Coverage Ratio for the year ending June 30, 2024: -2.40

Growthpoint Properties Australia Interest Coverage Ratio is -2.40 for the year ending June 30, 2024, a -13.73% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Growthpoint Properties Australia Interest Coverage Ratio for the year ending June 30, 2023 was -2.11, a -139.88% change year over year.
Growthpoint Properties Australia Interest Coverage Ratio for the year ending June 30, 2022 was 5.30, a 29.10% change year over year.
Growthpoint Properties Australia Interest Coverage Ratio for the year ending June 30, 2021 was 4.11, a -12.53% change year over year.
Growthpoint Properties Australia Interest Coverage Ratio for the year ending June 30, 2020 was 4.69, a 38.21% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

ASX: GOZ.AX

Growthpoint Properties Australia

CEO	Mr. Ross Lees
IPO Date	July 4, 2007
Location	Australia
Headquarters	35 Collins Street
Employees	62
Sector	Real Estate
Industries Diversified REITs Health Care REITs

Description

Growthpoint provides spaces for people to thrive. For more than 10 years, we've been investing in high-quality industrial and office properties across Australia. Today, we own and manage 58 properties, valued at approximately $4.2 billion.4 We actively manage our portfolio. We invest in our existing properties, ensuring they meet our tenants' needs now and into the future. We are also focused on growing our property portfolio. We are committed to operating in a sustainable way and reducing our impact on the environment. Growthpoint is a real estate investment trust (REIT), listed on the ASX, and is part of the S&P/ASX 200. Moody's has issued us with an investment-grade rating of Baa2 for senior secured debt.

Key trends

Past 5 years