Accelerate Property Fund Balance Sheet Health
Financial Health criteria checks 0/6
Accelerate Property Fund has a total shareholder equity of ZAR4.7B and total debt of ZAR4.4B, which brings its debt-to-equity ratio to 93.5%. Its total assets and total liabilities are ZAR9.7B and ZAR5.0B respectively. Accelerate Property Fund's EBIT is ZAR413.2M making its interest coverage ratio 0.9. It has cash and short-term investments of ZAR29.7M.
Key information
93.5%
Debt to equity ratio
R4.43b
Debt
| Interest coverage ratio | 0.9x |
| Cash | R29.73m |
| Equity | R4.73b |
| Total liabilities | R5.01b |
| Total assets | R9.75b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: APF's short term assets (ZAR1.1B) do not cover its short term liabilities (ZAR3.9B).
Long Term Liabilities: APF's short term assets (ZAR1.1B) do not cover its long term liabilities (ZAR1.1B).
Debt to Equity History and Analysis
Debt Level: APF's net debt to equity ratio (92.9%) is considered high.
Reducing Debt: APF's debt to equity ratio has increased from 67.4% to 93.5% over the past 5 years.
Debt Coverage: APF's debt is not well covered by operating cash flow (8.7%).
Interest Coverage: APF's interest payments on its debt are not well covered by EBIT (0.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:37 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Accelerate Property Fund Limited is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Imdaad Nana | Avior Capital Markets |
| Nazeem Samsodien | Macquarie Research |
| Bandile Zondo | SBG Securities (Proprietary) Limited |