Britam Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Britam Holdings has a total shareholder equity of KES26.6B and total debt of KES2.3B, which brings its debt-to-equity ratio to 8.6%. Its total assets and total liabilities are KES188.8B and KES162.2B respectively. Britam Holdings's EBIT is KES4.3B making its interest coverage ratio 15.5. It has cash and short-term investments of KES8.5B.
Key information
8.6%
Debt to equity ratio
KSh2.28b
Debt
| Interest coverage ratio | 15.5x |
| Cash | KSh8.49b |
| Equity | KSh26.60b |
| Total liabilities | KSh162.23b |
| Total assets | KSh188.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BRIT's short term assets (KES15.5B) exceed its short term liabilities (KES190.4M).
Long Term Liabilities: BRIT's short term assets (KES15.5B) do not cover its long term liabilities (KES162.0B).
Debt to Equity History and Analysis
Debt Level: BRIT has more cash than its total debt.
Reducing Debt: BRIT's debt to equity ratio has increased from 8.4% to 8.6% over the past 5 years.
Debt Coverage: BRIT's debt is well covered by operating cash flow (296.6%).
Interest Coverage: BRIT's interest payments on its debt are well covered by EBIT (15.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 09:17 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| 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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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
Britam Holdings Plc is covered by 2 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 |
|---|---|
| Linda Kiraithe | AIB-AXYS Africa Limited |
| Muammar Ismaily | EFG-Hermes Research |