East African Breweries (NAI:EABL) Cash-to-Debt : 0.17 (As of Jun. 2023)

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What is East African Breweries Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. East African Breweries's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.17.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, East African Breweries couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

The historical rank and industry rank for East African Breweries's Cash-to-Debt or its related term are showing as below:

NAI:EABL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.12 Max: 0.34
Current: 0.17

During the past 13 years, East African Breweries's highest Cash to Debt Ratio was 0.34. The lowest was 0.03. And the median was 0.12.

NAI:EABL's Cash-to-Debt is ranked worse than
67.31% of 208 companies
in the Beverages - Alcoholic industry
Industry Median: 0.49 vs NAI:EABL: 0.17

East African Breweries Cash-to-Debt Historical Data

The historical data trend for East African Breweries's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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East African Breweries Cash-to-Debt Chart

East African Breweries Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

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0.34

0.12

0.22

0.17

East African Breweries Semi-Annual Data
	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial											0.34	0.12	0.12	0.22	0.17

Competitive Comparison of East African Breweries's Cash-to-Debt

For the Beverages - Brewers subindustry, East African Breweries's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

East African Breweries's Cash-to-Debt Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, East African Breweries's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where East African Breweries's Cash-to-Debt falls into.

East African Breweries Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

East African Breweries's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	10252.628	/	(10386.303	+	51017.625)
	=	0.17

East African Breweries's Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	10252.628	/	(10386.303	+	51017.625)
	=	0.17

East African Breweries (NAI:EABL) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

East African Breweries Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of East African Breweries's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

East African Breweries (NAI:EABL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » East African Breweries PLC (NAI:EABL) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

Corporate Centre, Block A, 5th Floor, P.O. Box 30161, Garden City Business Park, Ruaraka, Nairobi, KEN, 00100

Website

https://www.eabl.com

East African Breweries PLC is a branded alcohol beverage company. The firm and its subsidiaries are involved in the marketing, production, and distribution of a collection of brands that range from beer, spirits, and adult non-alcoholic drinks. The company has invested in breweries, distilleries, support industries, and a distribution network across the region. The firm derives its revenue primarily from brewing, marketing, and selling of drinks, malt and barley. Its geographical segments include Kenya, Uganda, and Tanzania, of which the majority of the revenue is generated from Kenya.

East African Breweries (NAI:EABL) Headlines

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