Guinness Ghana Breweries Balance Sheet Health
Financial Health criteria checks 4/6
Guinness Ghana Breweries has a total shareholder equity of GHS419.8M and total debt of GHS161.2M, which brings its debt-to-equity ratio to 38.4%. Its total assets and total liabilities are GHS1.9B and GHS1.5B respectively. Guinness Ghana Breweries's EBIT is GHS97.8M making its interest coverage ratio 2.7. It has cash and short-term investments of GHS404.9M.
Key information
38.4%
Debt to equity ratio
GH₵161.20m
Debt
| Interest coverage ratio | 2.7x |
| Cash | GH₵404.87m |
| Equity | GH₵419.85m |
| Total liabilities | GH₵1.47b |
| Total assets | GH₵1.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGBL's short term assets (GHS939.6M) do not cover its short term liabilities (GHS1.3B).
Long Term Liabilities: GGBL's short term assets (GHS939.6M) exceed its long term liabilities (GHS124.8M).
Debt to Equity History and Analysis
Debt Level: GGBL has more cash than its total debt.
Reducing Debt: GGBL's debt to equity ratio has reduced from 48.6% to 38.4% over the past 5 years.
Debt Coverage: GGBL's debt is well covered by operating cash flow (355.7%).
Interest Coverage: GGBL's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 11:21 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
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.
| 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
Guinness Ghana Breweries PLC 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 |
|---|---|
| Lara Simpson | BPI Capital Africa (Proprietary), Limited |
| Lawrencia Asante | Databank Brokerage Ltd. |
| null null | IC Securities Holdings Limited |