Famous Brands Balance Sheet Health
Financial Health criteria checks 5/6
Famous Brands has a total shareholder equity of ZAR975.8M and total debt of ZAR1.2B, which brings its debt-to-equity ratio to 124.8%. Its total assets and total liabilities are ZAR3.4B and ZAR2.5B respectively. Famous Brands's EBIT is ZAR901.6M making its interest coverage ratio 11.6. It has cash and short-term investments of ZAR314.7M.
Key information
124.8%
Debt to equity ratio
R1.22b
Debt
| Interest coverage ratio | 11.6x |
| Cash | R314.65m |
| Equity | R975.78m |
| Total liabilities | R2.46b |
| Total assets | R3.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FMBR.Y's short term assets (ZAR1.5B) exceed its short term liabilities (ZAR1.1B).
Long Term Liabilities: FMBR.Y's short term assets (ZAR1.5B) exceed its long term liabilities (ZAR1.4B).
Debt to Equity History and Analysis
Debt Level: FMBR.Y's net debt to equity ratio (92.6%) is considered high.
Reducing Debt: FMBR.Y's debt to equity ratio has reduced from 171.7% to 124.8% over the past 5 years.
Debt Coverage: FMBR.Y's debt is well covered by operating cash flow (53.6%).
Interest Coverage: FMBR.Y's interest payments on its debt are well covered by EBIT (11.6x coverage).