Tanzania Breweries Balance Sheet Health
Financial Health criteria checks 6/6
Tanzania Breweries has a total shareholder equity of TZS808.3B and total debt of TZS0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are TZS1,181.4B and TZS373.1B respectively. Tanzania Breweries's EBIT is TZS239.6B making its interest coverage ratio -76.4. It has cash and short-term investments of TZS389.8B.
Key information
0%
Debt to equity ratio
TSh0
Debt
Interest coverage ratio | -76.4x |
Cash | TSh389.83b |
Equity | TSh808.31b |
Total liabilities | TSh373.13b |
Total assets | TSh1.18t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TBL's short term assets (TZS681.4B) exceed its short term liabilities (TZS364.4B).
Long Term Liabilities: TBL's short term assets (TZS681.4B) exceed its long term liabilities (TZS8.7B).
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 0.3%.
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.