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
Famous Brands (JSE:FBR) Has Announced A Dividend Of ZAR1.64
Jun 19
Famous Brands (JSE:FBR) Is Due To Pay A Dividend Of ZAR1.64
May 29Famous Brands (JSE:FBR) Will Pay A Larger Dividend Than Last Year At ZAR1.38
Oct 27Famous Brands' (JSE:FBR) Dividend Will Be Increased To ZAR2.33
Jun 27Famous Brands (JSE:FBR) Is Increasing Its Dividend To ZAR2.33
Jun 13Famous Brands (JSE:FBR) Will Pay A Larger Dividend Than Last Year At ZAR2.33
May 25Famous Brands (JSE:FBR) Could Be At Risk Of Shrinking As A Company
Feb 25Famous Brands' (JSE:FBR) Robust Earnings Are Not All Good News For Shareholders
Nov 03Capital Allocation Trends At Famous Brands (JSE:FBR) Aren't Ideal
Oct 14Financial Position Analysis
Short Term Liabilities: FBR's short term assets (ZAR1.6B) exceed its short term liabilities (ZAR1.6B).
Long Term Liabilities: FBR's short term assets (ZAR1.6B) exceed its long term liabilities (ZAR885.1M).
Debt to Equity History and Analysis
Debt Level: FBR's net debt to equity ratio (75.1%) is considered high.
Reducing Debt: FBR's debt to equity ratio has reduced from 119% to 104.6% over the past 5 years.
Debt Coverage: FBR's debt is well covered by operating cash flow (63%).
Interest Coverage: FBR's interest payments on its debt are well covered by EBIT (7.4x coverage).