MTN Nigeria Communications (NSA:MTNN) Interest Expense: ₦-500,537 Mil (TTM As of Mar. 2026)


NSA:MTNN MTN Nigeria Communications PLC NSA:MTNN
85 GF Score
Price ₦810.00
GF Value ₦619.13
Valuation Significantly Overvalued
! 1 Warning Sign
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What is MTN Nigeria Communications Interest Expense?

MTN Nigeria Communications NSA:MTNN 85 Interest Expense is ₦-500,537 Mil as of Mar. 2026. GuruFocus rates NSA:MTNN with a GF Score™ of 85/100 and a GF Value™ of ₦619.13 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MTN Nigeria Communications's interest expense for the three months ended in Mar. 2026 was ₦ -120,630 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₦-500,537 Mil.

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. MTN Nigeria Communications's Operating Income for the three months ended in Mar. 2026 was ₦ 629,654 Mil. MTN Nigeria Communications's Interest Expense for the three months ended in Mar. 2026 was ₦ -120,630 Mil. MTN Nigeria Communications's Interest Coverage for the quarter that ended in Mar. 2026 was 5.22. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


MTN Nigeria Communications  (NSA:MTNN) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

MTN Nigeria Communications's Interest Expense for the three months ended in Mar. 2026 was ₦-120,630 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₦629,654 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₦2,407,123 Mil.

MTN Nigeria Communications's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*629654/-120630
=5.22

* 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.

The higher the ratio, the stronger the company's financial strength is.


MTN Nigeria Communications Interest Expense Historical Data

* Premium members only.

The historical data trend for MTN Nigeria Communications's Interest Expense 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 Nigeria Communications Interest Expense Chart

MTN Nigeria Communications Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial -135,622.00 -145,653.00 -228,051.00 -422,942.00 -520,630.00

MTN Nigeria Communications Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense 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 -140,724.00 -133,263.00 -127,355.00 -119,289.00 -120,630.00
NSA:MTNN
85GF Score
MTN Nigeria Communications PLC NSA:MTNN
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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MTN Nigeria Communications Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦-500,537 Mil.

* 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 Interest Expense →
What does a Interest Expense of ₦-500,537 Mil mean?
MTN Nigeria Communications (NSA:MTNN) has a Interest Expense of ₦-500,537 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on MTN Nigeria Communications and its competitors.
Is MTN Nigeria Communications' Interest Expense too high?
MTN Nigeria Communications' current Interest Expense is ₦-500,537 Mil. Overall, MTN Nigeria Communications has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTN Nigeria Communications' Interest Expense compare to TMUS and VZ?
MTN Nigeria Communications' Interest Expense of ₦-500,537 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Telecommunication Services company?
A good Interest Expense depends on the Telecommunication Services industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on MTN Nigeria Communications and its competitors. MTN Nigeria Communications's current Interest Expense is ₦-500,537 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTN Nigeria Communications stock overvalued right now?
Based on GuruFocus' analysis, MTN Nigeria Communications (NSA:MTNN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦619.13, compared to a current price of ₦810.00 — trading 30.8% above its estimated fair value. The current Interest Expense is ₦-500,537 Mil. MTN Nigeria Communications' overall GF Score™ is 85/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For MTN Nigeria Communications (NSA:MTNN), the current Interest Expense is ₦-500,537 Mil 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 Nigeria Communications (NSA:MTNN) Overvalued in 2026?

Based on GuruFocus' analysis, MTN Nigeria Communications stock appears to be overvalued. The current stock price of ₦810.00 is trading 30.8% above its estimated GF Value™ of ₦619.13. GuruFocus considers MTN Nigeria Communications to be Significantly Overvalued.

Key valuation signals for NSA:MTNN:

  • Interest Expense: ₦-500,537 Mil
  • GF Value™: ₦619.13 vs. price of ₦810.00 (30.8% above fair value)
  • GF Score™: 85/100 with 1 warning sign

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


MTN Nigeria Communications Business Description

Address 4 Aromire Road, Off Alfred Rewane, Ikoyi, Lagos, NGA
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, mobile broadband solutions, and fibre-to-the-home connectivity. 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), which consists of small and medium organizations to whom the services are provided, and Wholesale Business Unit (WBU), which serves customers who buy MTN telecom products. The majority of the revenue is generated from the CBU segment.
85GF Score

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

₦810.00
Price
₦619.13
GF Value