The top 10 consumer goods companies recorded a total cash and cash equivalents balance of N616.1 billion in 2025, reflecting the amount of cash held in bank accounts and forming a key part of current assets.
This represents a 29.8% increase from N474.7 billion in the prior year, translating to a N141.3 billion gain and reflecting stronger liquidity positions across the sector.
As liquidity improved, financing pressures eased significantly, with net finance costs declining to N395.3 billion from N1.17 trillion in 2024, while combined pretax profit swung to N1 trillion from a loss of N271.6 billion.
Cash in the bank refers to funds readily accessible by a company, whether held in bank accounts or short-term deposits, serving as a key indicator of financial flexibility.
In corporate reporting, this is captured under “cash and cash equivalents” on the balance sheet, covering both physical cash and near-cash investments convertible within a short period.
In this report, we highlight the top 10 consumer goods companies with the highest cash balances in their 2025 financial year, regardless of reporting month, offering insight into liquidity strength and balance sheet resilience across the sector.
Champion Breweries ranks 6th with cash and cash equivalents of N47.34 billion in 2025, a steep rise from N4.3 billion in the previous year, according to its audited results for the period ended 31 December 2025.
Cash in the bank dominated the balance sheet, accounting for about 90% of current assets of N52.5 billion and emerging as the largest component of total assets, which rose to N82.3 billion from N21.3 billion.
- Inventory increased modestly to N4.1 billion from N2.8 billion, helping push the quick ratio to 1.24, a sharp improvement from 0.48 and signalling stronger short-term liquidity.
Operational performance improved as operating profit doubled to N4.8 billion from N2.3 billion, pretax profit settled at N2.6 billion, while retained earnings rose to N5.1 billion from N3.8 billion.
Net cash flow from operating activities strengthened to N8.4 billion, up from N5.18 billion in the prior year, showing improved cash generation capacity.
