Brait Balance Sheet Health
Financial Health criteria checks 2/6
Brait has a total shareholder equity of ZAR12.0B and total debt of ZAR2.7B, which brings its debt-to-equity ratio to 22.4%. Its total assets and total liabilities are ZAR14.7B and ZAR2.8B respectively. Brait's EBIT is ZAR763.0M making its interest coverage ratio 1.9. It has cash and short-term investments of ZAR1,000.0K.
Key information
22.4%
Debt to equity ratio
R2.68b
Debt
| Interest coverage ratio | 1.9x |
| Cash | R1.00m |
| Equity | R11.97b |
| Total liabilities | R2.78b |
| Total assets | R14.75b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BAT's short term assets (ZAR5.0M) do not cover its short term liabilities (ZAR93.0M).
Long Term Liabilities: BAT's short term assets (ZAR5.0M) do not cover its long term liabilities (ZAR2.7B).
Debt to Equity History and Analysis
Debt Level: BAT's net debt to equity ratio (22.4%) is considered satisfactory.
Reducing Debt: BAT's debt to equity ratio has reduced from 71.2% to 22.4% over the past 5 years.
Debt Coverage: BAT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BAT's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 07:16 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Brait PLC is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Johann Scholtz | Afrifocus Securities (Pty) Ltd. |
| Pedro Machado | BNP Paribas Securities (Asia) |
| Michael Jacks | BofA Global Research |