Famous Brands Balance Sheet Health
Financial Health criteria checks 5/6
Famous Brands has a total shareholder equity of ZAR1.1B and total debt of ZAR1.1B, which brings its debt-to-equity ratio to 104.6%. Its total assets and total liabilities are ZAR3.6B and ZAR2.5B respectively. Famous Brands's EBIT is ZAR812.4M making its interest coverage ratio 7.4. It has cash and short-term investments of ZAR324.3M.
Key information
104.6%
Debt to equity ratio
R1.15b
Debt
| Interest coverage ratio | 7.4x |
| Cash | R324.26m |
| Equity | R1.10b |
| Total liabilities | R2.46b |
| Total assets | R3.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FMBR.Y's short term assets (ZAR1.6B) exceed its short term liabilities (ZAR1.6B).
Long Term Liabilities: FMBR.Y's short term assets (ZAR1.6B) exceed its long term liabilities (ZAR885.1M).
Debt to Equity History and Analysis
Debt Level: FMBR.Y's net debt to equity ratio (75.1%) is considered high.
Reducing Debt: FMBR.Y's debt to equity ratio has reduced from 119% to 104.6% over the past 5 years.
Debt Coverage: FMBR.Y's debt is well covered by operating cash flow (63%).
Interest Coverage: FMBR.Y's interest payments on its debt are well covered by EBIT (7.4x coverage).