IHS Holding (IHS Holding) Debt-to-Equity

: 37.44 (As of Dec. 2023)

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IHS Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $545 Mil. IHS Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,568 Mil. IHS Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $110 Mil. IHS Holding's debt to equity for the quarter that ended in Dec. 2023 was 37.44.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for IHS Holding's Debt-to-Equity or its related term are showing as below:

IHS' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.57 Med: 2.08 Max: 37.44
Current: 37.44

During the past 6 years, the highest Debt-to-Equity Ratio of IHS Holding was 37.44. The lowest was 1.57. And the median was 2.08.

IHS's Debt-to-Equity is ranked worse than
99.14% of 348 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs IHS: 37.44

IHS Holding Debt-to-Equity Historical Data

The historical data trend for IHS Holding's Debt-to-Equity 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.

* Premium members only.

IHS Holding Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.57

2.08

1.96

3.49

37.44

IHS Holding Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial												3.49	3.43	7.89	16.18	37.44

Competitive Comparison

For the Telecom Services subindustry, IHS Holding's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

IHS Holding Debt-to-Equity Distribution

For the Telecommunication Services industry and Communication Services sector, IHS Holding's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where IHS Holding's Debt-to-Equity falls into.

IHS Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IHS Holding's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(545.307	+	3567.534)	/	109.848
	=	37.44

IHS Holding's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(545.307	+	3567.534)	/	109.848
	=	37.44

IHS Holding (NYSE:IHS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

IHS Holding Debt-to-Equity Related Terms

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IHS Holding (IHS Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » IHS Holding Ltd (NYSE:IHS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

4JB:Germany

Address

123 Victoria Street, 1 Cathedral Piazza, London, GBR, SW1E 5BP

Website

https://www.ihstowers.com

IHS Holding Ltd is an independent owner, operator, and developer of shared telecommunications infrastructure. The company provides telecommunications infrastructure to its customers, most of who are MNOs, who in turn provide wireless voice and data services to their end-users. Its geographical segments are Nigeria, Sub-Saharan Africa, Middle East and North Africa (MENA), and Latin America (Latam). The majority of its revenue is derived from Nigeria.