Guinness Nigeria (NSA:GUIN) Interest Coverage: 6.97 (As of Mar. 2026) — 52% Above Median


NSA:GUIN Guinness Nigeria PLC NSA:GUIN
63 GF Score
Price ₦365.50
GF Value ₦168.99
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Guinness Nigeria Interest Coverage?

Guinness Nigeria NSA:GUIN 63 Interest Coverage is 6.97 as of Mar. 2026, which is 52% above its 10-year median of 4.58. GuruFocus rates NSA:GUIN with a GF Score™ of 63/100 and a GF Value™ of ₦168.99 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 159 Beverages - Alcoholic companies, Guinness Nigeria ranks worse than 75.47% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Guinness Nigeria's Operating Income for the three months ended in Mar. 2026 was ₦17,284 Mil. Guinness Nigeria's Interest Expense for the three months ended in Mar. 2026 was ₦-2,480 Mil. Guinness Nigeria's interest coverage for the quarter that ended in Mar. 2026 was 6.97. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Guinness Nigeria's Interest Coverage or its related term are showing as below:

NSA:GUIN' s Interest Coverage Range Over the Past 10 Years
Min: 0.15   Med: 4.58   Max: 25.63
Current: 4.03


NSA:GUIN's Interest Coverage is ranked worse than
75.47% of 159 companies
in the Beverages - Alcoholic industry
Industry Median: 8.63 vs NSA:GUIN: 4.03

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Guinness Nigeria  (NSA:GUIN) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Guinness Nigeria Interest Coverage Related Terms


Guinness Nigeria Interest Coverage Historical Data

* Premium members only.

The historical data trend for Guinness Nigeria's Interest Coverage 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: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Guinness Nigeria Interest Coverage Chart

Guinness Nigeria Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 5.97 25.63 5.11 0.00

Guinness Nigeria Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Mar26
Interest Coverage 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 0.30 0.75 4.14 2.74 6.97

NSA:GUIN vs STZ, TAP: Interest Coverage Comparison

For the Beverages - Brewers subindustry, Guinness Nigeria's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Beverages - Alcoholic Industry

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

* The bar in red indicates where Guinness Nigeria's Interest Coverage falls into.


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

Guinness Nigeria Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Guinness Nigeria's Interest Coverage for the fiscal year that ended in Jun. 2024 is calculated as

Here, for the fiscal year that ended in Jun. 2024, Guinness Nigeria's Interest Expense was ₦-8,569 Mil. Its Operating Income was ₦-1,422 Mil. And its Long-Term Debt & Capital Lease Obligation was ₦135 Mil.

Guinness Nigeria did not have earnings to cover the interest expense.

Guinness Nigeria's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Guinness Nigeria's Interest Expense was ₦-2,480 Mil. Its Operating Income was ₦17,284 Mil. And its Long-Term Debt & Capital Lease Obligation was ₦6,798 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*17284.126/-2479.882
=6.97

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 6.97 mean?
Guinness Nigeria (NSA:GUIN) has a Interest Coverage of 6.97 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Guinness Nigeria and its competitors. This is 52% above median its historical median of 4.58. Over the past decade, Guinness Nigeria's Interest Coverage has ranged from 0.15 to 25.63. According to the industry distribution chart, Guinness Nigeria ranks #120 out of 159 companies in the Beverages - Alcoholic industry, placing it in the top 75.5%.
Is Guinness Nigeria's Interest Coverage too high?
Guinness Nigeria's current Interest Coverage of 6.97 is 52% above median its 10-year median of 4.58. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 25.63. The Beverages - Alcoholic industry median Interest Coverage is 8.63. Guinness Nigeria's value of 6.97 is 19.2% below this industry median. Based on the distribution chart, Guinness Nigeria ranks #120 out of 159 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. 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 Interest Coverage compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Guinness Nigeria ranks #120 out of 159 companies for Interest Coverage. This places Guinness Nigeria in the lower half of its industry. The industry median Interest Coverage is 8.63. Guinness Nigeria's value of 6.97 is 19.2% below this benchmark. Historically, Guinness Nigeria's own Interest Coverage has ranged from 0.15 to 25.63 over the past decade. While the company's 10-year median is 4.58 vs. the industry median of 8.63, Guinness Nigeria has consistently been below 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 Interest Coverage for a Beverages - Alcoholic company?
The median Interest Coverage among Beverages - Alcoholic companies is 8.63, based on 159 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Guinness Nigeria's current Interest Coverage of 6.97 is 19.2% below 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Guinness Nigeria and its competitors. For the Beverages - Alcoholic industry, the median Interest Coverage is 8.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Guinness Nigeria's current Interest Coverage is 6.97, which is 52% above median its own 10-year median of 4.58. 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 ₦168.99, compared to a current price of ₦365.50 — trading 116.3% above its estimated fair value. The current Interest Coverage is 6.97, which is 52% above median its 10-year median of 4.58 and 19.2% below the Beverages - Alcoholic industry median of 8.63. Guinness Nigeria's overall GF Score™ is 63/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Guinness Nigeria (NSA:GUIN), the current Interest Coverage is 6.97 as of Mar. 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 ₦365.50 is trading 116.3% above its estimated GF Value™ of ₦168.99. GuruFocus considers Guinness Nigeria to be Significantly Overvalued.

Key valuation signals for NSA:GUIN:

  • Interest Coverage: 6.97 (52% above median its 10-year median of 4.58)
  • GF Value™: ₦168.99 vs. price of ₦365.50 (116.3% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 19.2% below the Beverages - Alcoholic median (#120 of 159)

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

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

₦365.50
Price
₦168.99
GF Value