Growthpoint Properties Limited

JSE:GRT Stock Report

Market Cap: R43.8b

Growthpoint Properties Balance Sheet Health

Financial Health criteria checks 0/6

Growthpoint Properties has a total shareholder equity of ZAR85.1B and total debt of ZAR70.9B, which brings its debt-to-equity ratio to 83.3%. Its total assets and total liabilities are ZAR165.7B and ZAR80.7B respectively. Growthpoint Properties's EBIT is ZAR8.7B making its interest coverage ratio 2.1. It has cash and short-term investments of ZAR3.3B.

Key information

83.3%

Debt to equity ratio

R70.89b

Debt

Interest coverage ratio2.1x
CashR3.26b
EquityR85.07b
Total liabilitiesR80.67b
Total assetsR165.74b

Recent financial health updates

No updates

Recent updates

Why We Think Growthpoint Properties Limited's (JSE:GRT) CEO Compensation Is Not Excessive At All

Nov 19
Why We Think Growthpoint Properties Limited's (JSE:GRT) CEO Compensation Is Not Excessive At All

Some Analysts Just Cut Their Growthpoint Properties Limited (JSE:GRT) Estimates

Nov 25
Some Analysts Just Cut Their Growthpoint Properties Limited (JSE:GRT) Estimates

Shareholders Will Probably Be Cautious Of Increasing Growthpoint Properties Limited's (JSE:GRT) CEO Compensation At The Moment

Nov 09
Shareholders Will Probably Be Cautious Of Increasing Growthpoint Properties Limited's (JSE:GRT) CEO Compensation At The Moment

Need To Know: The Consensus Just Cut Its Growthpoint Properties Limited (JSE:GRT) Estimates For 2021

Mar 23
Need To Know: The Consensus Just Cut Its Growthpoint Properties Limited (JSE:GRT) Estimates For 2021

Would Shareholders Who Purchased Growthpoint Properties' (JSE:GRT) Stock Three Years Be Happy With The Share price Today?

Feb 28
Would Shareholders Who Purchased Growthpoint Properties' (JSE:GRT) Stock Three Years Be Happy With The Share price Today?

Are Insiders Selling Growthpoint Properties Limited (JSE:GRT) Stock?

Feb 01
Are Insiders Selling Growthpoint Properties Limited (JSE:GRT) Stock?

What Can We Make Of Growthpoint Properties' (JSE:GRT) CEO Compensation?

Jan 05
What Can We Make Of Growthpoint Properties' (JSE:GRT) CEO Compensation?

Financial Position Analysis

Short Term Liabilities: GRT's short term assets (ZAR5.8B) do not cover its short term liabilities (ZAR10.8B).

Long Term Liabilities: GRT's short term assets (ZAR5.8B) do not cover its long term liabilities (ZAR69.9B).


Debt to Equity History and Analysis

Debt Level: GRT's net debt to equity ratio (79.5%) is considered high.

Reducing Debt: GRT's debt to equity ratio has increased from 62.9% to 83.3% over the past 5 years.

Debt Coverage: GRT's debt is not well covered by operating cash flow (8.1%).

Interest Coverage: GRT's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 19:41
End of Day Share Price 2024/12/24 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

Growthpoint Properties Limited is covered by 17 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mahir HamdulayAbsa Bank Limited
Francois Du ToitAnchor Stockbrokers Proprietary Limited
Pranita DayaAnchor Stockbrokers Proprietary Limited