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MTN GhanaXGHA:MTNGH -0.14%100 Interest Coverage is 15.73 as of Mar. 2026, which is 37% above its 10-year median of 11.49. 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 283 Telecommunication Services companies, MTN Ghana ranks better than 74.2% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. MTN Ghana's
Operating Income
for the
three
months ended in Mar. 2026 was GHS3,658 Mil. MTN Ghana's Interest Expense for the
three
months ended in Mar. 2026 was GHS-233 Mil.
MTN Ghana's interest coverage for the quarter that ended in Mar. 2026 was 15.73.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for MTN Ghana's Interest Coverage or its related term are showing as below:
XGHA:MTNGH'
s Interest Coverage Range Over the Past 10 Years
Min: 4.96 Med: 11.49 Max: 90.98
Current: 13.79
XGHA:MTNGH's Interest Coverage is ranked better than 74.2% of 283
companies
in the Telecommunication Services industry
Industry Median: 4.78
vs XGHA:MTNGH: 13.79
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
MTN Ghana Interest Coverage Related Terms
MTN Ghana Interest Coverage Historical Data
* Premium members only.
The historical data trend for MTN Ghana's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
XGHA:MTNGH vs VZ, TMUS, T: Interest Coverage Comparison
For the Telecom Services subindustry, MTN Ghana's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, MTN Ghana's Interest Coverage distribution charts can be found below:
* The bar in red indicates where MTN Ghana's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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) has a Interest Coverage of 15.73 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MTN Ghana and its competitors. This is 37% above median its historical median of 11.49. Over the past decade, MTN Ghana's Interest Coverage has ranged from 4.96 to 90.98. According to the industry distribution chart, MTN Ghana ranks #73 out of 283 companies in the Telecommunication Services industry, placing it in the top 25.8%.
Is MTN Ghana's Interest Coverage too high?
MTN Ghana's current Interest Coverage of 15.73 is 37% above median its 10-year median of 11.49. Over the past 10 years, this metric has ranged from a low of 4.96 to a high of 90.98. The Telecommunication Services industry median Interest Coverage is 4.78. MTN Ghana's value of 15.73 is 229.1% above this industry median. Based on the distribution chart, MTN Ghana ranks #73 out of 283 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 Interest Coverage compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, MTN Ghana ranks #73 out of 283 companies for Interest Coverage. This puts MTN Ghana in the upper half of its industry. The industry median Interest Coverage is 4.78. MTN Ghana's value of 15.73 is 229.1% above this benchmark. Historically, MTN Ghana's own Interest Coverage has ranged from 4.96 to 90.98 over the past decade. While the company's 10-year median is 11.49 vs. the industry median of 4.78, 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 Interest Coverage for a Telecommunication Services company?
The median Interest Coverage among Telecommunication Services companies is 4.78, based on 283 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MTN Ghana's current Interest Coverage of 15.73 is 229.1% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MTN Ghana and its competitors. For the Telecommunication Services industry, the median Interest Coverage is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTN Ghana's current Interest Coverage is 15.73, which is 37% above median its own 10-year median of 11.49. 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 Interest Coverage is 15.73, which is 37% above median its 10-year median of 11.49 and 229.1% above the Telecommunication Services industry median of 4.78. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For MTN Ghana (XGHA:MTNGH), the current Interest Coverage is 15.73 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:
Interest Coverage: 15.73 (37% above median its 10-year median of 11.49)
GF Value™: GHS4.28 vs. price of GHS7.00 (63.6% above fair value)
Industry Position: 229.1% above the Telecommunication Services median (#73 of 283)
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 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
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