Tanzania Breweries Balance Sheet Health
Financial Health criteria checks 6/6
Tanzania Breweries has a total shareholder equity of TZS877.7B and total debt of TZS0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are TZS1,324.5B and TZS446.9B respectively. Tanzania Breweries's EBIT is TZS217.7B making its interest coverage ratio -8.9. It has cash and short-term investments of TZS524.9B.
Key information
0%
Debt to equity ratio
TSh0
Debt
| Interest coverage ratio | -8.9x |
| Cash | TSh524.92b |
| Equity | TSh877.66b |
| Total liabilities | TSh446.89b |
| Total assets | TSh1.32t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TBL's short term assets (TZS775.3B) exceed its short term liabilities (TZS435.1B).
Long Term Liabilities: TBL's short term assets (TZS775.3B) exceed its long term liabilities (TZS11.8B).
Debt to Equity History and Analysis
Debt Level: TBL is debt free.
Reducing Debt: TBL has no debt compared to 5 years ago when its debt to equity ratio was 0.5%.
Debt Coverage: TBL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TBL has no debt, therefore coverage of interest payments is not a concern.