National Breweries (LUS:NATB) Debt-to-EBITDA : (As of Mar. 2026)

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What is National Breweries Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

National Breweries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ZMW36.7 Mil. National Breweries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ZMW0.0 Mil. National Breweries's annualized EBITDA for the quarter that ended in Mar. 2026 was ZMW393.7 Mil. National Breweries's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.09.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

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

LUS:NATB's Debt-to-EBITDA is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 2.27
* Ranked among companies with meaningful Debt-to-EBITDA only.

National Breweries  (LUS:NATB) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


National Breweries Debt-to-EBITDA Related Terms


National Breweries Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for National Breweries's Debt-to-EBITDA 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.

National Breweries Debt-to-EBITDA Chart

National Breweries Annual Data
Trend Mar15 Mar16 Dec17 Mar19 Mar20 Mar21 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
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National Breweries Semi-Annual Data
Sep12 Mar13 Sep13 Mar14 Sep15 Mar16 Sep16 Mar17 Jun18 Sep20 Mar21 Sep21 Sep22 Mar23 Sep23 Mar24 Sep25 Mar26
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LUS:NATB vs : Debt-to-EBITDA Comparison

For the Beverages - Brewers subindustry, National Breweries's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


National Breweries Debt-to-EBITDA vs Beverages - Alcoholic Industry

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

* The bar in red indicates where National Breweries's Debt-to-EBITDA falls into.



National Breweries Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

National Breweries's Debt-to-EBITDA for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(36.726 + 0) / 409.67
=0.09

National Breweries's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(36.726 + 0) / 393.678
=0.09

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Mar. 2026) EBITDA data.


National Breweries Business Description

Comparable Companies
Address Sheki Sheki Road, Plot No. 1609/10, P O Box 35135, Lusaka, ZMB
National Breweries PLC is a Zambian beverage producer, engaged in the production and sale of beer, lager, and other alcoholic beverages. The company markets its products under the Chibuku brand, offering a diverse range of beverages including Chibuku Shake Shake, Chibuku Super, and Chibuku Super Extra Malt, among others.