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Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Accelerate Property Fund's
Operating Income
for the
six
months ended in Mar. 2026 was R-24.4 Mil. Accelerate Property Fund's Interest Expense for the
six
months ended in Mar. 2026 was R-168.2 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Accelerate Property Fund Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
The historical rank and industry rank for Accelerate Property Fund's Interest Coverage or its related term are showing as below:
JSE:APF'
s Interest Coverage Range Over the Past 10 Years
Min: 0.4 Med: 1.58 Max: 2.27
Current: 0.79
JSE:APF's Interest Coverage is ranked worse than 90.92% of 683
companies
in the REITs industry
Industry Median: 3.02
vs JSE:APF: 0.79
Accelerate Property Fund (JSE:APF) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Accelerate Property Fund Interest Coverage Related Terms
Accelerate Property Fund Interest Coverage Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
JSE:APF vs SPG, O, KIM: Interest Coverage Comparison
For the REIT - Retail subindustry, Accelerate Property Fund's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Accelerate Property Fund Interest Coverage vs REITs Industry
For the REITs industry and Real Estate sector, Accelerate Property Fund's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Accelerate Property Fund's Interest Coverage falls into.
Accelerate Property Fund Interest Coverage Calculation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Accelerate Property Fund did not have earnings to cover the interest expense.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Interest Coverage of 0 (At Loss) mean?
Accelerate Property Fund (JSE:APF) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Accelerate Property Fund and its competitors. Over the past decade, Accelerate Property Fund's Interest Coverage has ranged from 0.40 to 2.27. According to the industry distribution chart, Accelerate Property Fund ranks #621 out of 683 companies in the REITs industry, placing it in the top 90.9%.
Is Accelerate Property Fund's Interest Coverage too high?
Accelerate Property Fund's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 2.27. Based on the distribution chart, Accelerate Property Fund ranks #621 out of 683 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Accelerate Property Fund has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Accelerate Property Fund's Interest Coverage compare to SPG and O?
According to the REITs industry distribution chart, Accelerate Property Fund ranks #621 out of 683 companies for Interest Coverage. This places Accelerate Property Fund in the lower half of its industry. The industry median Interest Coverage is 3.02. Historically, Accelerate Property Fund's own Interest Coverage has ranged from 0.40 to 2.27 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.02, based on 683 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Accelerate Property Fund and its competitors. For the REITs industry, the median Interest Coverage is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accelerate Property Fund's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accelerate Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Accelerate Property Fund (JSE:APF) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.32, compared to a current price of R0.44 — trading 37.5% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Accelerate Property Fund's overall GF Score™ is 34/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Accelerate Property Fund (JSE:APF), the current Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Accelerate Property Fund (JSE:APF) Overvalued in 2026?
Based on GuruFocus' analysis, Accelerate Property Fund stock appears to be overvalued.
The current stock price of R0.44 is trading 37.5% above its estimated GF Value™ of R0.32.
GuruFocus considers Accelerate Property Fund to be Significantly Overvalued.
Key valuation signals for JSE:APF:
Interest Coverage: 0 (At Loss)
GF Value™: R0.32 vs. price of R0.44 (37.5% above fair value)
No single metric tells the full story. See the JSE:APF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Accelerate Property Fund Ltd is a retail-focused property fund. It functions through three operating segments. The industrial segment acquires, develops, and leases warehouses and factories. The retail segment acquires, develops, and leases shopping malls, community centers as well as retail centers. Commercial segment acquires develops and leases offices. Out of which Retail segment is a key revenue driver. Geographically, it has a presence in South Africa, Austria, and Slovakia, out of which the majority of its revenue is generated from South Africa.
34GF Score
Get the complete analysis for JSE:APF
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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