East African Breweries Balance Sheet Health
Financial Health criteria checks 4/6
East African Breweries has a total shareholder equity of KES38.7B and total debt of KES57.4B, which brings its debt-to-equity ratio to 148.2%. Its total assets and total liabilities are KES143.1B and KES104.4B respectively. East African Breweries's EBIT is KES27.0B making its interest coverage ratio 3.9. It has cash and short-term investments of KES13.5B.
Key information
148.2%
Debt to equity ratio
KSh57.35b
Debt
Interest coverage ratio | 3.9x |
Cash | KSh13.51b |
Equity | KSh38.69b |
Total liabilities | KSh104.37b |
Total assets | KSh143.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EABL's short term assets (KES50.1B) exceed its short term liabilities (KES47.2B).
Long Term Liabilities: EABL's short term assets (KES50.1B) do not cover its long term liabilities (KES57.2B).
Debt to Equity History and Analysis
Debt Level: EABL's net debt to equity ratio (113.3%) is considered high.
Reducing Debt: EABL's debt to equity ratio has reduced from 246.6% to 148.2% over the past 5 years.
Debt Coverage: EABL's debt is well covered by operating cash flow (34.5%).
Interest Coverage: EABL's interest payments on its debt are well covered by EBIT (3.9x coverage).