Guinness Nigeria (NSA:GUIN) Debt-to-Equity: 0.37 (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSA:GUIN Guinness Nigeria PLC NSA:GUIN
63 GF Score
Price ₦376.00
GF Value ₦170.44
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Guinness Nigeria Debt-to-Equity?

Guinness Nigeria NSA:GUIN 63 Debt-to-Equity is 0.37 as of Jun. 2026, which is 9% above its 10-year median of 0.34. GuruFocus rates NSA:GUIN with a GF Score™ of 63/100 and a GF Value™ of ₦170.44 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 181 Beverages - Alcoholic companies, Guinness Nigeria ranks better than 50.28% on this metric.

Guinness Nigeria's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₦16,704 Mil. Guinness Nigeria's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₦6,869 Mil. Guinness Nigeria's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₦64,245 Mil. Guinness Nigeria's debt to equity for the quarter that ended in Jun. 2026 was 0.37.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Guinness Nigeria's Debt-to-Equity or its related term are showing as below:

NSA:GUIN' s Debt-to-Equity Range Over the Past 10 Years
Min: -8.36   Med: 0.34   Max: 42.22
Current: 0.37

During the past 13 years, the highest Debt-to-Equity Ratio of Guinness Nigeria was 42.22. The lowest was -8.36. And the median was 0.34.

NSA:GUIN's Debt-to-Equity is ranked better than
50.28% of 181 companies
in the Beverages - Alcoholic industry
Industry Median: 0.37 vs NSA:GUIN: 0.37

Guinness Nigeria  (NSA:GUIN) Debt-to-Equity Explanation

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


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Guinness Nigeria Debt-to-Equity Related Terms


Guinness Nigeria Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Guinness Nigeria's Debt-to-Equity 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.

Guinness Nigeria Debt-to-Equity Chart

Guinness Nigeria Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.22 0.35 1.13 18.63

Guinness Nigeria Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.13 3.46 2.18 0.73 0.37

NSA:GUIN vs STZ, TAP: Debt-to-Equity Comparison

For the Beverages - Brewers subindustry, Guinness Nigeria's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Guinness Nigeria Debt-to-Equity vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Guinness Nigeria's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Guinness Nigeria's Debt-to-Equity falls into.


NSA:GUIN
63GF Score
Guinness Nigeria PLC NSA:GUIN
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Guinness Nigeria Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Guinness Nigeria's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Guinness Nigeria's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.37 mean?
Guinness Nigeria (NSA:GUIN) has a Debt-to-Equity of 0.37 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Guinness Nigeria and its competitors. This is near median its historical median of 0.34. According to the industry distribution chart, Guinness Nigeria ranks #90 out of 181 companies in the Beverages - Alcoholic industry, placing it in the top 49.7%.
Is Guinness Nigeria's Debt-to-Equity too high?
Guinness Nigeria's current Debt-to-Equity of 0.37 is near median its 10-year median of 0.34. The Beverages - Alcoholic industry median Debt-to-Equity is 0.37. Guinness Nigeria's value of 0.37 is 0% at this industry median. Based on the distribution chart, Guinness Nigeria ranks #90 out of 181 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Guinness Nigeria has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Guinness Nigeria's Debt-to-Equity compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Guinness Nigeria ranks #90 out of 181 companies for Debt-to-Equity. This puts Guinness Nigeria in the upper half of its industry. The industry median Debt-to-Equity is 0.37. Guinness Nigeria's value of 0.37 is 0% at this benchmark. While the company's 10-year median is 0.34 vs. the industry median of 0.37, Guinness Nigeria has consistently been at the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Beverages - Alcoholic company?
The median Debt-to-Equity among Beverages - Alcoholic companies is 0.37, based on 181 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Guinness Nigeria's current Debt-to-Equity of 0.37 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Guinness Nigeria and its competitors. For the Beverages - Alcoholic industry, the median Debt-to-Equity is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guinness Nigeria's current Debt-to-Equity is 0.37, which is near median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guinness Nigeria stock overvalued right now?
Based on GuruFocus' analysis, Guinness Nigeria (NSA:GUIN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦170.44, compared to a current price of ₦376.00 — trading 120.6% above its estimated fair value. The current Debt-to-Equity is 0.37, which is near median its 10-year median of 0.34 and 0% at the Beverages - Alcoholic industry median of 0.37. Guinness Nigeria's overall GF Score™ is 63/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Guinness Nigeria (NSA:GUIN), the current Debt-to-Equity is 0.37 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Guinness Nigeria (NSA:GUIN) Overvalued in 2026?

Based on GuruFocus' analysis, Guinness Nigeria stock appears to be overvalued. The current stock price of ₦376.00 is trading 120.6% above its estimated GF Value™ of ₦170.44. GuruFocus considers Guinness Nigeria to be Significantly Overvalued.

Key valuation signals for NSA:GUIN:

  • Debt-to-Equity: 0.37 (near median its 10-year median of 0.34)
  • GF Value™: ₦170.44 vs. price of ₦376.00 (120.6% above fair value)
  • GF Score™: 63/100 with 1 warning sign
  • Industry Position: 0% at the Beverages - Alcoholic median (#90 of 181)

No single metric tells the full story. See the NSA:GUIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Guinness Nigeria Business Description

Address Cocoa Industries Road, (Guinness Road) Ogba-Ikeja, Lagos, Lagos, NGA, 21071
Guinness Nigeria PLC is a beverage manufacturing company. The company is engaged in brewing, packaging, marketing and selling of various beverage brand including Guinness Foreign Extra Stout, Guinness Smooth, Malta Guinness, Smirnoff Ice, Dubic Malt, Orijin Spirit Mixed Drink, Orijin Bitters, Baileys Delight, Gordons Moringa, Captain Morgan Gold and Don Royale among others. Geographically, it derives a majority of revenue from Nigeria.
63GF Score

Get the complete analysis for NSA:GUIN

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦376.00
Price
₦170.44
GF Value