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.
Nigerian Breweries sits in 3rd place with cash and cash equivalents of N61.1 billion in 2025, edging up from N60.9 billion in the prior year.
Cash in the bank represented 18.10% of current assets of N337.7 billion, while total assets inched higher to N1.06 trillion from N1.05 trillion.
Inventory was N193.7 billion, and when set against cash holdings, the quick ratio eased to 0.29 from 0.38 a year earlier.
The company delivered a strong turnaround, with operating profit jumping to N205.1 billion from N69.8 billion, reflecting improved core performance.
It also swung from loss to profit at the bottom line, with pretax profit rising to N161.06 billion from a loss of N182.9 billion, while net cash from operating activities strengthened sharply to N228.1 billion from N52.04 billion, indicating a stronger cash position.
