British American Tobacco (Zambia) Balance Sheet Health
Financial Health criteria checks 5/6
British American Tobacco (Zambia) has a total shareholder equity of ZMW124.1M and total debt of ZMW83.3M, which brings its debt-to-equity ratio to 67.1%. Its total assets and total liabilities are ZMW413.9M and ZMW289.8M respectively. British American Tobacco (Zambia)'s EBIT is ZMW173.5M making its interest coverage ratio 9.1. It has cash and short-term investments of ZMW132.5M.
Key information
67.1%
Debt to equity ratio
K83.33m
Debt
Interest coverage ratio | 9.1x |
Cash | K132.47m |
Equity | K124.10m |
Total liabilities | K289.81m |
Total assets | K413.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BATZ's short term assets (ZMW238.8M) exceed its short term liabilities (ZMW206.5M).
Long Term Liabilities: BATZ's short term assets (ZMW238.8M) exceed its long term liabilities (ZMW83.3M).
Debt to Equity History and Analysis
Debt Level: BATZ has more cash than its total debt.
Reducing Debt: BATZ's debt to equity ratio has increased from 0% to 67.1% over the past 5 years.
Debt Coverage: BATZ's debt is well covered by operating cash flow (180.4%).
Interest Coverage: BATZ's interest payments on its debt are well covered by EBIT (9.1x coverage).