MTN Ghana (XGHA:MTNGH) Current Ratio: 1.69 (As of Mar. 2026) — 66% Above Median

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XGHA:MTNGH MTN Ghana XGHA:MTNGH
100 GF Score
Price GHS7.00
GF Value GHS4.28
Valuation Significantly Overvalued
! 6 Warning Signs
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What is MTN Ghana Current Ratio?

MTN Ghana XGHA:MTNGH -0.14% 100 Current Ratio is 1.69 as of Mar. 2026, which is 66% above its 10-year median of 1.02. GuruFocus rates XGHA:MTNGH with a GF Score™ of 100/100 and a GF Value™ of GHS4.28 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 367 Telecommunication Services companies, MTN Ghana ranks better than 74.39% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. MTN Ghana's current ratio for the quarter that ended in Mar. 2026 was 1.69.

MTN Ghana has a current ratio of 1.69. It generally indicates good short-term financial strength.

The historical rank and industry rank for MTN Ghana's Current Ratio or its related term are showing as below:

XGHA:MTNGH' s Current Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.02   Max: 1.69
Current: 1.69

During the past 9 years, MTN Ghana's highest Current Ratio was 1.69. The lowest was 0.65. And the median was 1.02.

XGHA:MTNGH's Current Ratio is ranked better than
74.39% of 367 companies
in the Telecommunication Services industry
Industry Median: 1.13 vs XGHA:MTNGH: 1.69

MTN Ghana  (XGHA:MTNGH) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


MTN Ghana Current Ratio Related Terms


MTN Ghana Current Ratio Historical Data

* Premium members only.

The historical data trend for MTN Ghana's Current Ratio 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.

MTN Ghana Current Ratio Chart

MTN Ghana Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only 1.04 1.05 1.09 1.06 1.06

MTN Ghana Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio 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 1.09 1.02 1.00 1.06 1.69

XGHA:MTNGH vs VZ, TMUS, T: Current Ratio Comparison

For the Telecom Services subindustry, MTN Ghana's Current Ratio, along with its competitors' market caps and Current Ratio 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.


MTN Ghana Current Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, MTN Ghana's Current Ratio distribution charts can be found below:

* The bar in red indicates where MTN Ghana's Current Ratio falls into.


XGHA:MTNGH
100GF Score
MTN Ghana XGHA:MTNGH
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MTN Ghana Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

MTN Ghana's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=45978.571/43484.106
=1.06

MTN Ghana's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=8691.388/5128.438
=1.69

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 1.69 mean?
MTN Ghana (XGHA:MTNGH) has a Current Ratio of 1.69 as of Mar. 2026. This is 66% above median its historical median of 1.02. Over the past decade, MTN Ghana's Current Ratio has ranged from 0.65 to 1.69. According to the industry distribution chart, MTN Ghana ranks #94 out of 367 companies in the Telecommunication Services industry, placing it in the top 25.6%.
Is MTN Ghana's Current Ratio too high?
MTN Ghana's current Current Ratio of 1.69 is 66% above median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 1.69. The Telecommunication Services industry median Current Ratio is 1.13. MTN Ghana's value of 1.69 is 49.6% above this industry median. Based on the distribution chart, MTN Ghana ranks #94 out of 367 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, MTN Ghana has a GF Score™ of 100/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTN Ghana's Current Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, MTN Ghana ranks #94 out of 367 companies for Current Ratio. This puts MTN Ghana in the upper half of its industry. The industry median Current Ratio is 1.13. MTN Ghana's value of 1.69 is 49.6% above this benchmark. Historically, MTN Ghana's own Current Ratio has ranged from 0.65 to 1.69 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 1.13, MTN Ghana has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Telecommunication Services company?
The median Current Ratio among Telecommunication Services companies is 1.13, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MTN Ghana's current Current Ratio of 1.69 is 49.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Telecommunication Services industry, the median Current Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTN Ghana's current Current Ratio is 1.69, which is 66% above median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTN Ghana stock overvalued right now?
Based on GuruFocus' analysis, MTN Ghana (XGHA:MTNGH) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS4.28, compared to a current price of GHS7.00 — trading 63.6% above its estimated fair value. The current Current Ratio is 1.69, which is 66% above median its 10-year median of 1.02 and 49.6% above the Telecommunication Services industry median of 1.13. MTN Ghana's overall GF Score™ is 100/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For MTN Ghana (XGHA:MTNGH), the current Current Ratio is 1.69 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MTN Ghana (XGHA:MTNGH) Overvalued in 2026?

Based on GuruFocus' analysis, MTN Ghana stock appears to be overvalued. The current stock price of GHS7.00 is trading 63.6% above its estimated GF Value™ of GHS4.28. GuruFocus considers MTN Ghana to be Significantly Overvalued.

Key valuation signals for XGHA:MTNGH:

  • Current Ratio: 1.69 (66% above median its 10-year median of 1.02)
  • GF Value™: GHS4.28 vs. price of GHS7.00 (63.6% above fair value)
  • GF Score™: 100/100 with 6 warning signs
  • Industry Position: 49.6% above the Telecommunication Services median (#94 of 367)

No single metric tells the full story. See the XGHA:MTNGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MTN Ghana Business Description

Address MTN House, Independence Avenue, West Ridge, Plot OER 6, Accra, GHA
MTN Ghana is a Ghana-based company that provides mobile financial services in the financial services industry. The principal activities are the provision of telecommunication services including voice, data, and enterprise solutions, mobile financial services, the development of strategic partnerships to provide developed services, and the provision of consultancy and support services in the mobile banking, payment services and fintech space. The company has four reportable segments, namely Network services, Interconnect and roaming, Digital and Fintech, and devices and accessories, out of which it derives maximum revenue from Network services.
100GF Score

Get the complete analysis for XGHA:MTNGH

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

GHS7.00
Price
GHS4.28
GF Value