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MTN Ghana (XGHA:MTNGH) Debt-to-EBITDA : 0.25 (As of Jun. 2024)


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What is MTN Ghana Debt-to-EBITDA?

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

MTN Ghana's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was GHS829 Mil. MTN Ghana's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was GHS1,625 Mil. MTN Ghana's annualized EBITDA for the quarter that ended in Jun. 2024 was GHS9,914 Mil. MTN Ghana's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 0.25.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for MTN Ghana's Debt-to-EBITDA or its related term are showing as below:

XGHA:MTNGH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.25   Med: 0.35   Max: 0.84
Current: 0.27

During the past 7 years, the highest Debt-to-EBITDA Ratio of MTN Ghana was 0.84. The lowest was 0.25. And the median was 0.35.

XGHA:MTNGH's Debt-to-EBITDA is ranked better than
91.19% of 318 companies
in the Telecommunication Services industry
Industry Median: 2.24 vs XGHA:MTNGH: 0.27

MTN Ghana Debt-to-EBITDA Historical Data

The historical data trend for MTN Ghana's Debt-to-EBITDA 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 Ghana Debt-to-EBITDA Chart

MTN Ghana Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 0.84 0.76 0.53 0.35 0.31

MTN Ghana Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Debt-to-EBITDA 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 0.32 0.30 0.27 0.32 0.25

Competitive Comparison of MTN Ghana's Debt-to-EBITDA

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

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

* The bar in red indicates where MTN Ghana's Debt-to-EBITDA falls into.



MTN Ghana Debt-to-EBITDA Calculation

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

MTN Ghana's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(610.12 + 1810.868) / 7885.839
=0.31

MTN Ghana's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(829.355 + 1625.44) / 9914.272
=0.25

* 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-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2024) EBITDA data.


MTN Ghana  (XGHA:MTNGH) Debt-to-EBITDA Explanation

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


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


MTN Ghana Debt-to-EBITDA Related Terms

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


MTN Ghana Business Description

Traded in Other Exchanges
N/A
Address
MTN House, Independence Avenue, West Ridge, Accra, GHA
MTN Ghana is a Ghana-based company that Provides mobile financial services in the financial services industry. Develop strategic partnerships to provide advanced services in the mobile financial service industry; and Provide consultancy and support services in the area of mobile banking, payment services, and fintech.

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