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The company currently has 44.8b in debt, 4.1b in cash, and holds: an interest coverage ratio of 7.1 a total debt/EBITDA ratio of 3.8 Current guidance and strong cashflow conversion should allow BAT to further bring down its adjusted net debt to adjusted EBITDA and keep it in its 2-3x target range

Findings presented at meetings are typically viewed as preliminary until they've been published in a peer-reviewed journal

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(Today, the British royal family still dons Cartier pieces