International Breweries (NSA:IBP) Interest Expense: ₦-590 Mil (TTM As of Mar. 2026)


NSA:IBP International Breweries PLC NSA:IBP
44 GF Score
Price ₦10.45
GF Value ₦2.30
Valuation Significantly Overvalued
! 2 Warning Signs
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What is International Breweries Interest Expense?

International Breweries NSA:IBP -8.33% 44 Interest Expense is ₦-590 Mil as of Mar. 2026. GuruFocus rates NSA:IBP with a GF Score™ of 44/100 and a GF Value™ of ₦2.30 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. International Breweries's interest expense for the three months ended in Mar. 2026 was ₦ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₦-590 Mil.

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. International Breweries's Operating Income for the three months ended in Mar. 2026 was ₦ 39,657 Mil. International Breweries's Interest Expense for the three months ended in Mar. 2026 was ₦ 0 Mil. GuruFocus does not calculate International Breweries's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

International Breweries  (NSA:IBP) Interest Expense Explanation

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. The higher, the better.

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

International Breweries's Interest Expense for the three months ended in Mar. 2026 was ₦0 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₦39,657 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₦34,021 Mil.

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

GuruFocus does not calculate International Breweries's interest coverage with the available data.

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. International Breweries PLC has enough cash to cover all of its debt. Its financial situation is stable.

International Breweries Interest Expense Historical Data

* Premium members only.

The historical data trend for International Breweries's Interest Expense 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.

International Breweries Interest Expense Chart

International Breweries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only -4,799.73 -10,677.67 -29,724.45 -34,754.18 -6,719.67

International Breweries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense 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 0.00 0.00 0.00 -589.86 0.00
NSA:IBP
44GF Score
International Breweries PLC NSA:IBP
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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International Breweries Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦-590 Mil.

* 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 Interest Expense →
What does a Interest Expense of ₦-590 Mil mean?
International Breweries (NSA:IBP) has a Interest Expense of ₦-590 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on International Breweries and its competitors.
Is International Breweries' Interest Expense too high?
International Breweries' current Interest Expense is ₦-590 Mil. Overall, International Breweries has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does International Breweries' Interest Expense compare to BUD and STZ?
International Breweries' Interest Expense of ₦-590 Mil can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Beverages - Alcoholic company?
A good Interest Expense depends on the Beverages - Alcoholic industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on International Breweries and its competitors. International Breweries's current Interest Expense is ₦-590 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Breweries stock overvalued right now?
Based on GuruFocus' analysis, International Breweries (NSA:IBP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦2.30, compared to a current price of ₦10.45 — trading 354.3% above its estimated fair value. The current Interest Expense is ₦-590 Mil. International Breweries' overall GF Score™ is 44/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For International Breweries (NSA:IBP), the current Interest Expense is ₦-590 Mil 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 International Breweries (NSA:IBP) Overvalued in 2026?

Based on GuruFocus' analysis, International Breweries stock appears to be overvalued. The current stock price of ₦10.45 is trading 354.3% above its estimated GF Value™ of ₦2.30. GuruFocus considers International Breweries to be Significantly Overvalued.

Key valuation signals for NSA:IBP:

  • Interest Expense: ₦-590 Mil
  • GF Value™: ₦2.30 vs. price of ₦10.45 (354.3% above fair value)
  • GF Score™: 44/100 with 2 warning signs

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

International Breweries Business Description

Address Abuja Street, Plot 5A, Desiderata Building, Banana Island, Ikoyi, Lagos, NGA
International Breweries PLC engages in brewing, packaging, and marketing beer, alcoholic flavored/non-alcoholic beverages, and soft drinks in Nigeria. The company offers its products under the Trophy Lager, Trophy Black, Castle Milk Stout, Castle Lager, Redds, Hero, Grand Malt, Betamalt malt drink, and Voltic Water brands.
44GF Score

Get the complete analysis for NSA:IBP

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

₦10.45
Price
₦2.30
GF Value