Growthpoint Properties Limited

Johannesburg Stock Exchange GRT.JO

Growthpoint Properties Limited Interest Coverage Ratio for the year ending June 30, 2024: 1.64

Growthpoint Properties Limited Interest Coverage Ratio is 1.64 for the year ending June 30, 2024, a -19.56% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Growthpoint Properties Limited Interest Coverage Ratio for the year ending June 30, 2023 was 2.04, a -58.36% change year over year.
Growthpoint Properties Limited Interest Coverage Ratio for the year ending June 30, 2022 was 4.89, a 250.71% change year over year.
Growthpoint Properties Limited Interest Coverage Ratio for the year ending June 30, 2021 was 1.40, a 87.53% change year over year.
Growthpoint Properties Limited Interest Coverage Ratio for the year ending June 30, 2020 was 0.74, a -72.61% change year over year.

Key data

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

Johannesburg Stock Exchange: GRT.JO

Growthpoint Properties Limited

CEO	Mr. Leon Norbert Sasse B.Com., CA (SA)
IPO Date	Jan. 30, 2009
Location	South Africa
Headquarters	The Place
Employees	637
Sector	Finance
Industries Private Equity Stock Exchanges & Brokers

Description

Growthpoint is the largest South African primary JSE-listed REIT with a quality portfolio of 440 directly owned properties in South Africa (RSA) valued at R73.4bn, including four hospitals and one medical chambers valued at R2.6bn owned by Growthpoint Healthcare Property Holdings (RF) Limited (GHPH). Growthpoint has a 61.8% shareholding in GHPH. We have a 62.2% interest in ASX-listed Growthpoint Properties Australia Limited (GOZ), which owns 58 properties in Australia valued at R51.8bn and a 52.1% interest in LSE-listed Capital & Regional Plc (C&R), which owns seven properties in the United Kingdom valued at R14.8bn.

Key trends

Past 5 years