East African Breweries Balance Sheet Health
Financial Health criteria checks 3/6
East African Breweries has a total shareholder equity of KES31.7B and total debt of KES58.6B, which brings its debt-to-equity ratio to 184.5%. Its total assets and total liabilities are KES132.6B and KES100.8B respectively. East African Breweries's EBIT is KES26.1B making its interest coverage ratio 4.8. It has cash and short-term investments of KES10.3B.
Key information
184.5%
Debt to equity ratio
KSh58.58b
Debt
| Interest coverage ratio | 4.8x |
| Cash | KSh10.25b |
| Equity | KSh31.74b |
| Total liabilities | KSh100.85b |
| Total assets | KSh132.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EABL's short term assets (KES43.4B) exceed its short term liabilities (KES41.9B).
Long Term Liabilities: EABL's short term assets (KES43.4B) do not cover its long term liabilities (KES59.0B).
Debt to Equity History and Analysis
Debt Level: EABL's net debt to equity ratio (152.2%) is considered high.
Reducing Debt: EABL's debt to equity ratio has reduced from 266.6% to 184.5% over the past 5 years.
Debt Coverage: EABL's debt is not well covered by operating cash flow (18.9%).
Interest Coverage: EABL's interest payments on its debt are well covered by EBIT (4.8x coverage).