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.
BUA Foods ranks 4th with cash and cash equivalents of N56.36 billion in 2025, up from N31.31 billion in the previous year, according to its audited financial statement for the period.
Cash in the bank made up 5.67% of current assets of N993.3 billion, while total assets stood at N1.38 trillion, up from N1.09 trillion previously.
Inventory rose to N81.3 billion, and when combined with cash levels, it pushed the quick ratio to 1.35, above the 1.00-threshold.
Operational performance remained strong, with operating profit rising to N656.6 billion from N472.1 billion, reflecting continued earnings growth.
Pretax profit rose to N521.5 billion from N284.3 billion, reflecting stronger bottom-line performance, while net operating cash flow stood at N406.1 billion, down from N544.3 billion.
