GPT 0.22% $4.63 gpt group

bought at 1.775, page-22

  1. 14,170 Posts.
    lightbulb Created with Sketch. 118
    "Triple BBB rating will make borrowing very difficult for them."

    triple BBB is investment grade actually.

    also they only have to refinance about $100 m in short term debt this year and $700 m next year

    Not much for a company capitalised at $4000 million

    Here are some more figures

    Assets $14 b
    Liabilities $5 billion
    Equity $9 billion

    gearing is about 36%

    Look through gearing (gearing with bnb jv) is 47%




 
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