Nigerian Breweries

Nigerian Breweries Quick Ratio

The Quick Ratio (Acid Test) of Nigerian Breweries (NB.NL) as of Oct 16, 2026 is 0.39. In the previous year, Quick Ratio (Acid Test) was 0.18 — a change of 115.87% (higher).

Quick Ratio

0.39

YoY

115.87%

Last updated:

Quick Ratio (Acid Test) of Nigerian Breweries is 2024 0.39 . Quick Ratio (Acid Test) of Nigerian Breweries was 2023 0.18 . It decreases by 115.87% higher compared to the previous year.

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Nigerian Breweries Stock analysis

What does Nigerian Breweries do? Nigerian Breweries PLC, listed on the Nigerian Stock Exchange with ticker NB.NL and ISIN NGNB00000005, is a leading producer and distributor of beverages in Nigeria. Headquartered in Lagos, the company operates within the Consumer Staples sector, specifically in the Beverages industry. Founded through an IPO on September 5, 1973, Nigerian Breweries employs 2,685 full-time staff. The company is engaged in the brewing, marketing, and sale of various beverage products, including lager, stout, non-alcoholic malt drinks, and soft drinks. While specific product names are mentioned in the source description, the company's portfolio includes well-known brands such as Star Lager, Gulder Lager, Maltina, Legend Extra Stout, and Amstel Malta. Nigerian Breweries also produces a range of malt-based beverages and soft drinks, including Maltina Pineapple and Maltina Vanilla. The firm has a presence in ancillary manufacturing, producing packaging materials such as bottles, cans, crown corks, labels, cartons, and plastic crates. Its website, https://www.nbplc.com/, provides further information about the company's operations and products. The company's activities are centered in Lagos, Nigeria, serving a broad consumer base across the country. Nigerian Breweries is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Nigerian Breweries stock

Quick Ratio (Acid Test) of Nigerian Breweries is 0.39 in 2024.

Quick Ratio (Acid Test) of Nigerian Breweries changed from 0.18 to 0.39, representing a 115.87% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Quick Ratio (Acid Test) Nigerian Breweries since 2006 – with annual values, charts, and detailed analysis.

The Quick Ratio measures liquidity by comparing liquid assets to current liabilities, excluding inventory. It is a more conservative measure than the current ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Quick Ratio (Acid Test)'s Nigerian Breweries with sector peers and the industry average to assess whether it is attractive.

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Leverage — Nigerian Breweries

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