International Breweries Balance Sheet Health
Financial Health criteria checks 4/6
International Breweries has a total shareholder equity of NGN124.6B and total debt of NGN376.1B, which brings its debt-to-equity ratio to 301.9%. Its total assets and total liabilities are NGN733.1B and NGN608.5B respectively. International Breweries's EBIT is NGN3.2B making its interest coverage ratio 0.2. It has cash and short-term investments of NGN124.1B.
Key information
301.9%
Debt to equity ratio
₦376.09b
Debt
| Interest coverage ratio | 0.2x |
| Cash | ₦124.13b |
| Equity | ₦124.58b |
| Total liabilities | ₦608.54b |
| Total assets | ₦733.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INTBREW's short term assets (NGN387.0B) exceed its short term liabilities (NGN216.7B).
Long Term Liabilities: INTBREW's short term assets (NGN387.0B) do not cover its long term liabilities (NGN391.8B).
Debt to Equity History and Analysis
Debt Level: INTBREW's net debt to equity ratio (202.3%) is considered high.
Reducing Debt: INTBREW's debt to equity ratio has reduced from 618.5% to 301.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable INTBREW has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: INTBREW is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 22.8% per year.