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Nestle Nigeria (NSA:NSTL) Debt-to-Revenue : 0.77 (As of Mar. 2024)


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What is Nestle Nigeria Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Nestle Nigeria's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₦19,260 Mil. Nestle Nigeria's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₦547,859 Mil. Nestle Nigeria's annualized Revenue for the quarter that ended in Mar. 2024 was ₦733,937 Mil. Nestle Nigeria's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.77.


Nestle Nigeria Debt-to-Revenue Historical Data

The historical data trend for Nestle Nigeria's Debt-to-Revenue 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.

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Nestle Nigeria Debt-to-Revenue Chart

Nestle Nigeria Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.14 0.22 0.35 0.74

Nestle Nigeria Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 0.34 0.56 0.59 0.67 0.77

Competitive Comparison of Nestle Nigeria's Debt-to-Revenue

For the Packaged Foods subindustry, Nestle Nigeria's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nestle Nigeria's Debt-to-Revenue Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nestle Nigeria's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Nestle Nigeria's Debt-to-Revenue falls into.



Nestle Nigeria Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Nestle Nigeria's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(37371.366 + 365127.523) / 547118.754
=0.74

Nestle Nigeria's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(19259.878 + 547858.781) / 733936.636
=0.77

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Nestle Nigeria Debt-to-Revenue Related Terms

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Nestle Nigeria (NSA:NSTL) Business Description

Traded in Other Exchanges
N/A
Address
22-24, Industrial Avenue, Ilupeju, Lagos, Ikeja, NGA, P.M.B. 21164
Nestle Nigeria PLC is a food and beverage company. It is involved in the business of manufacturing, marketing, and distribution of food products. The firm has categorized its products into Baby foods, Coffee, Culinary, Dairy, Drinks, and Recipes. It develops and markets its products under brands such as Cerelac, Nescafe, Nido, Maggi, Milo, etc. The company has Food and Beverage reportable segments. The food segment engaged in the production and sale of Maggi, Cerelac, SMA, Nan, Lactogen, and Golden Morn. The beverages segment consists of the production and sale of Milo, Chocomilo, Nido, Nescafe, Milo ready-to-drink, and Nestle Pure Life. The food segment generates the majority of the revenue. The majority of the revenue is generated from Nigeria.

Nestle Nigeria (NSA:NSTL) Headlines

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