Nigerian Breweries (NSA:NB) Total Liabilities: ₦520,832 Mil (As of Mar. 2026)

What is Nigerian Breweries Total Liabilities?

Nigerian Breweries NSA:NB 64 Total Liabilities is ₦520,832 Mil as of Mar. 2026. GuruFocus rates NSA:NB with a GF Score™ of 64/100 and a GF Value™ of ₦30.66 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Nigerian Breweries's Total Liabilities for the quarter that ended in Mar. 2026 was ₦520,832 Mil.

Nigerian Breweries's quarterly Total Liabilities declined from Sep. 2025 (₦564,041.00 Mil) to Dec. 2025 (₦505,895.92 Mil) but then increased from Dec. 2025 (₦505,895.92 Mil) to Mar. 2026 (₦520,831.69 Mil).

Nigerian Breweries's annual Total Liabilities declined from Dec. 2023 (₦732,588.73 Mil) to Dec. 2024 (₦674,331.92 Mil) and declined from Dec. 2024 (₦674,331.92 Mil) to Dec. 2025 (₦505,895.92 Mil).

Nigerian Breweries Total Liabilities Related Terms

Nigerian Breweries Total Liabilities Historical Data

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The historical data trend for Nigerian Breweries's Total Liabilities 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.

Nigerian Breweries Total Liabilities Chart

Nigerian Breweries Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Total Liabilities

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313,609.96

439,974.97

732,588.73

674,331.92

505,895.92

Nigerian Breweries Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Total Liabilities	Get a 7-Day Free Trial															637,645.52	562,036.01	564,041.00	505,895.92	520,831.69

64GF Score

Nigerian Breweries PLC NSA:NB

Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.

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Nigerian Breweries Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Nigerian Breweries's Total Liabilities for the fiscal year that ended in Dec. 2025 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	491650.625	+	(0	+	-1.6370904631913E-11
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	0	+	14245.295	+	0)
	=	505,896

Total Liabilities	=	Total Assets (A: Dec. 2025 )	-	Total Equity (A: Dec. 2025 )
	=	1066117.729	-	560221.809
	=	505,896

Nigerian Breweries's Total Liabilities for the quarter that ended in Mar. 2026 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	505971.773	+	(0	+	3.092281986028E-11
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	0	+	14859.921	+	0)
	=	520,832

Total Liabilities	=	Total Assets (Q: Mar. 2026 )	-	Total Equity (Q: Mar. 2026 )
	=	1137211.247	-	616379.553
	=	520,832

Frequently Asked Questions Learn more about Total Liabilities →

What does a Total Liabilities of ₦520,832 Mil mean?

Nigerian Breweries (NSA:NB) has a Total Liabilities of ₦520,832 Mil as of Mar. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Nigerian Breweries and its competitors.

Is Nigerian Breweries' Total Liabilities too high?

Nigerian Breweries' current Total Liabilities is ₦520,832 Mil. Overall, Nigerian Breweries has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Nigerian Breweries' Total Liabilities compare to BUD and STZ?

Nigerian Breweries' Total Liabilities of ₦520,832 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 Total Liabilities for a Beverages - Alcoholic company?

A good Total Liabilities depends on the Beverages - Alcoholic industry context. However, Total Liabilities 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 Total Liabilities mean?

A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Nigerian Breweries and its competitors. Nigerian Breweries's current Total Liabilities is ₦520,832 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Nigerian Breweries stock overvalued right now?

Based on GuruFocus' analysis, Nigerian Breweries (NSA:NB) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦30.66, compared to a current price of ₦72.50 — trading 136.5% above its estimated fair value. The current Total Liabilities is ₦520,832 Mil. Nigerian Breweries' overall GF Score™ is 64/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Total Liabilities calculated?

Total Liabilities is calculated from a company's financial statements. For Nigerian Breweries (NSA:NB), the current Total Liabilities is ₦520,832 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 Nigerian Breweries (NSA:NB) Overvalued in 2026?

Based on GuruFocus' analysis, Nigerian Breweries stock appears to be overvalued. The current stock price of ₦72.50 is trading 136.5% above its estimated GF Value™ of ₦30.66. GuruFocus considers Nigerian Breweries to be Significantly Overvalued.

Key valuation signals for NSA:NB:

Total Liabilities: ₦520,832 Mil
GF Value™: ₦30.66 vs. price of ₦72.50 (136.5% above fair value)
GF Score™: 64/100 with 2 warning signs

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

Nigerian Breweries Business Description

Industry Consumer Defensive Beverages - Alcoholic

Comparable Companies NSA:IBP NSA:GUIN BUD XZIM:DLTA.ZW BSP:ABEV3 XAMS:HEIA MEX:FEMSAUBD STZ XAMS:HEIO OCSE:CARL B TSE:2502 TSE:2503 HKSE:01876 SHSE:600600 HKSE:00291 TSX:TPX.B TAP TSE:2501 SZSE:000729 BOM:532478

Address 1, Abebe Village Road, P. O. Box 545, Iganmu House, Iganmu, Lagos, NGA, 101241

Website https://www.nbplc.com

Nigerian Breweries PLC is a Brewing firm. The company's principal activities are brewing, marketing, and selling lager, stout, non-alcoholic malt, and soft drinks. Geographically, it derives a majority of its revenue from Nigeria and also has a presence in the United Kingdom, the Netherlands, the United States of America, Canada, some parts of Africa, and parts of the Middle East and Asia. The company's brands include Star, Goldberg, Turbo King, Ace Bitters, Gulder, Maltina, Legend Extra Stout, Amstel Malta, Heineken, Maltina Sip-it, Fayrouz, Goldberg, Malta Gold, and others.

64GF Score

Get the complete analysis for NSA:NB

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

₦72.50

Price

₦30.66

GF Value

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