MTN Nigeria Communications (NSA:MTNN) Debt-to-Asset : 0.78 (As of Dec. 2024)

View and export this data going back to 2019. Start your Free Trial

What is MTN Nigeria Communications Debt-to-Asset?

MTN Nigeria Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₦622,005 Mil. MTN Nigeria Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₦2,634,334 Mil. MTN Nigeria Communications's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was ₦4,196,991 Mil. MTN Nigeria Communications's debt to asset for the quarter that ended in Dec. 2024 was 0.78.

MTN Nigeria Communications Debt-to-Asset Historical Data

The historical data trend for MTN Nigeria Communications's Debt-to-Asset 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.

MTN Nigeria Communications Debt-to-Asset Chart

MTN Nigeria Communications Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Asset

Get a 7-Day Free Trial

0.59

0.53

0.68

0.78

MTN Nigeria Communications Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Asset	Get a 7-Day Free Trial															0.68	0.71	0.74	0.79	0.78

Competitive Comparison of MTN Nigeria Communications's Debt-to-Asset

For the Telecom Services subindustry, MTN Nigeria Communications's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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 Nigeria Communications's Debt-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, MTN Nigeria Communications's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where MTN Nigeria Communications's Debt-to-Asset falls into.

Save Embed

;

Save Embed

;

MTN Nigeria Communications Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

MTN Nigeria Communications's Debt-to-Asset for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(622005	+	2634334)	/	4196991
	=	0.78

MTN Nigeria Communications's Debt-to-Asset for the quarter that ended in Dec. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(622005	+	2634334)	/	4196991
	=	0.78

MTN Nigeria Communications (NSA:MTNN) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

MTN Nigeria Communications Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of MTN Nigeria Communications's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

MTN Nigeria Communications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » MTN Nigeria Communications PLC (NSA:MTNN) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Aromire Road, Off Alfred Rewane, Ikoyi, Lagos, NGA

Website

https://www.mtnonline.com

MTN Nigeria Communications PLC is a provider of communications services. The principal activities of the company are the provision of broadband fixed wireless access service, high-quality telecommunications services, and mobile financial services in Nigeria. The group operates in three reportable segments, namely, Consumer Business Unit (CBU) which consists of subscribers sitting in value propositions and tariff plans for Youth, High Value and Mass segments, Enterprise Business Unit (EBU) consists of small and medium organizations to whom the services are provided, and Wholesale Business Unit (WBU) serves customers who buy MTN telecom products. The majority of the revenue is generated from the CBU segment.

MTN Nigeria Communications Headlines

No Headlines