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MTN Ghana (XGHA:MTNGH) Debt-to-Equity : 0.28 (As of Jun. 2024)


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What is MTN Ghana Debt-to-Equity?

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 Total Stockholders Equity for the quarter that ended in Jun. 2024 was GHS8,634 Mil. MTN Ghana's debt to equity for the quarter that ended in Jun. 2024 was 0.28.

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 MTN Ghana's Debt-to-Equity or its related term are showing as below:

XGHA:MTNGH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13   Med: 0.45   Max: 0.85
Current: 0.28

During the past 7 years, the highest Debt-to-Equity Ratio of MTN Ghana was 0.85. The lowest was 0.13. And the median was 0.45.

XGHA:MTNGH's Debt-to-Equity is ranked better than
71.26% of 341 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs XGHA:MTNGH: 0.28

MTN Ghana Debt-to-Equity Historical Data

The historical data trend for MTN Ghana'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.

MTN Ghana Debt-to-Equity Chart

MTN Ghana Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.79 0.74 0.52 0.35 0.28

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-Equity 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 0.35 0.33 0.28 0.29 0.28

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

For the Telecom Services subindustry, MTN Ghana'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.


MTN Ghana's Debt-to-Equity Distribution in the Telecommunication Services Industry

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

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



MTN Ghana Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

MTN Ghana's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

* 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  (XGHA:MTNGH) 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.


MTN Ghana Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of MTN Ghana's Debt-to-Equity 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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