Champion Breweries Balance Sheet Health
Financial Health criteria checks 4/6
Champion Breweries has a total shareholder equity of NGN11.2B and total debt of NGN1.3B, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are NGN20.6B and NGN9.4B respectively. Champion Breweries's EBIT is NGN604.0M making its interest coverage ratio 3.6. It has cash and short-term investments of NGN2.4B.
Key information
12.0%
Debt to equity ratio
₦1.35b
Debt
Interest coverage ratio | 3.6x |
Cash | ₦2.44b |
Equity | ₦11.20b |
Total liabilities | ₦9.36b |
Total assets | ₦20.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHAMPION's short term assets (NGN5.2B) do not cover its short term liabilities (NGN8.0B).
Long Term Liabilities: CHAMPION's short term assets (NGN5.2B) exceed its long term liabilities (NGN1.4B).
Debt to Equity History and Analysis
Debt Level: CHAMPION has more cash than its total debt.
Reducing Debt: CHAMPION's debt to equity ratio has increased from 0% to 12% over the past 5 years.
Debt Coverage: CHAMPION's debt is well covered by operating cash flow (432.6%).
Interest Coverage: CHAMPION's interest payments on its debt are well covered by EBIT (3.6x coverage).