Equites Property Fund (JSE:EQU) Interest Expense: R-680 Mil (TTM As of Feb. 2026)

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JSE:EQU Equites Property Fund Ltd JSE:EQU
82 GF Score
Price R17.43
GF Value R12.28
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Equites Property Fund Interest Expense?

Equites Property Fund JSE:EQU -0.29% 82 Interest Expense is R-680 Mil as of Feb. 2026. GuruFocus rates JSE:EQU with a GF Score™ of 82/100 and a GF Value™ of R12.28 (Significantly Overvalued). The stock has 12 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Equites Property Fund's interest expense for the six months ended in Feb. 2026 was R -323 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2026 was R-680 Mil.

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. Equites Property Fund's Operating Income for the six months ended in Feb. 2026 was R 847 Mil. Equites Property Fund's Interest Expense for the six months ended in Feb. 2026 was R -323 Mil. Equites Property Fund's Interest Coverage for the quarter that ended in Feb. 2026 was 2.62. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Equites Property Fund  (JSE:EQU) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Equites Property Fund's Interest Expense for the six months ended in Feb. 2026 was R-323 Mil. Its Operating Income for the six months ended in Feb. 2026 was R847 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Feb. 2026 was R6,142 Mil.

Equites Property Fund's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Feb. 2026 )/Interest Expense (Q: Feb. 2026 )
=-1*846.552/-322.554
=2.62

* 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.

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. Equites Property Fund Ltd interest coverage is 2.46, which is low.


Equites Property Fund Interest Expense Historical Data

* Premium members only.

The historical data trend for Equites Property Fund's Interest Expense can be seen below:

* 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.

Equites Property Fund Interest Expense Chart

Equites Property Fund Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.70 -229.05 -537.04 -573.75 -679.56

Equites Property Fund Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -267.69 -313.05 -260.70 -357.01 -322.55
JSE:EQU
82GF Score
Equites Property Fund Ltd JSE:EQU
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Equites Property Fund Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R-680 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of R-680 Mil mean?
Equites Property Fund (JSE:EQU) has a Interest Expense of R-680 Mil as of Feb. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Equites Property Fund and its competitors.
Is Equites Property Fund's Interest Expense too high?
Equites Property Fund's current Interest Expense is R-680 Mil. Overall, Equites Property Fund has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Equites Property Fund's Interest Expense compare to PLD and PSA?
Equites Property Fund's Interest Expense of R-680 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a REITs company?
A good Interest Expense depends on the REITs industry context. However, Interest Expense 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 Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Equites Property Fund and its competitors. Equites Property Fund's current Interest Expense is R-680 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equites Property Fund stock overvalued right now?
Based on GuruFocus' analysis, Equites Property Fund (JSE:EQU) is currently considered Significantly Overvalued. The stock's GF Value™ is R12.28, compared to a current price of R17.43 — trading 41.9% above its estimated fair value. The current Interest Expense is R-680 Mil. Equites Property Fund's overall GF Score™ is 82/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Equites Property Fund (JSE:EQU), the current Interest Expense is R-680 Mil as of Feb. 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 Equites Property Fund (JSE:EQU) Overvalued in 2026?

Based on GuruFocus' analysis, Equites Property Fund stock appears to be overvalued. The current stock price of R17.43 is trading 41.9% above its estimated GF Value™ of R12.28. GuruFocus considers Equites Property Fund to be Significantly Overvalued.

Key valuation signals for JSE:EQU:

  • Interest Expense: R-680 Mil
  • GF Value™: R12.28 vs. price of R17.43 (41.9% above fair value)
  • GF Score™: 82/100 with 12 warning signs

No single metric tells the full story. See the JSE:EQU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Equites Property Fund Business Description

Industry Real EstateREITs
Address 4 Bree Street, 14th Floor, Portside Towers, Cape Town, WC, ZAF, 8001
Equites Property Fund Ltd generates rental income from investment in and development of modern logistics facilities. Its business activities include development, acquisition of vacant land and brownfield opportunities, acquisition of tenanted property, property management, and capital management. The Group operates through three reportable segments: SA Industrial, generate maximum revenue, which incorporates all the SA industrial and logistics assets; UK Developer, which relates to the disposal of land and turnkey developments; and Other, which comprises non-property-related activities. The Group has industrial and logistics assets in the Western Cape, Eastern Cape, Gauteng, and KwaZulu-Natal, and one ongoing development site in the UK.
82GF Score

Get the complete analysis for JSE:EQU

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R17.43
Price
R12.28
GF Value