SA Corporate Real Estate Limited

Johannesburg Stock Exchange SAC.JO

SA Corporate Real Estate Limited Interest Coverage Ratio for the year ending December 31, 2023: 2.85

SA Corporate Real Estate Limited Interest Coverage Ratio is 2.85 for the year ending December 31, 2023, a 11.83% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

SA Corporate Real Estate Limited Interest Coverage Ratio for the year ending December 31, 2022 was 2.55, a 50.81% change year over year.
SA Corporate Real Estate Limited Interest Coverage Ratio for the year ending December 31, 2021 was 1.69, a 32.17% change year over year.
SA Corporate Real Estate Limited Interest Coverage Ratio for the year ending December 31, 2020 was 1.28, a -23.96% change year over year.
SA Corporate Real Estate Limited Interest Coverage Ratio for the year ending December 31, 2019 was 1.68, a -12.71% change year over year.

Key data

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

Johannesburg Stock Exchange: SAC.JO

SA Corporate Real Estate Limited

CEO	Mr. Terence Rory Mackey
IPO Date	Jan. 30, 2009
Location	South Africa
Headquarters	GreenPark Corner, 16th Floor
Employees	213
Sector	Finance
Industries Investment Banking & Asset Management Private Equity

Description

SA Corporate is a JSE-listed Real Estate Investment Trust ("REIT") and together with all its subsidiaries ("the Group") owns a focused portfolio of quality industrial, retail and residential buildings located primarily in the major metropolitan areas of South Africa with a secondary node in Zambia. As at 30 June 2023, the property portfolio consisted of 151 properties, with 1 301 270m2 of gross lettable area ("GLA"), valued at R14.9 billion, a 50% joint venture ("JV") interest in three Zambian entities with properties valued at R1.6 billion and listed investments valued at R52.8 million.

Key trends

Past 5 years