MTN Ghana (XGHA:MTNGH) Interest Expense: GHS-960 Mil (TTM As of Mar. 2026)

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XGHA:MTNGH MTN Ghana XGHA:MTNGH
100 GF Score
Price GHS7.00
GF Value GHS4.28
Valuation Significantly Overvalued
! 6 Warning Signs
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What is MTN Ghana Interest Expense?

MTN Ghana XGHA:MTNGH -0.14% 100 Interest Expense is GHS-960 Mil as of Mar. 2026. 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.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MTN Ghana's interest expense for the three months ended in Mar. 2026 was GHS -233 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was GHS-960 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 Ghana's Operating Income for the three months ended in Mar. 2026 was GHS 3,658 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. 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 Ghana  (XGHA:MTNGH) 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 Ghana's Interest Expense for the three months ended in Mar. 2026 was GHS-233 Mil. Its Operating Income for the three months ended in Mar. 2026 was GHS3,658 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was GHS2,959 Mil.

MTN Ghana'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*3657.759/-232.544
=15.73

* 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 Ghana Interest Expense Historical Data

* Premium members only.

The historical data trend for MTN Ghana'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 Ghana Interest Expense Chart

MTN Ghana Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only -354.21 -371.64 -530.70 -903.91 -979.05

MTN Ghana 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 -251.61 -34.09 -200.60 -492.75 -232.54
XGHA:MTNGH
100GF Score
MTN Ghana XGHA:MTNGH
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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MTN Ghana 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 GHS-960 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 GHS-960 Mil mean?
MTN Ghana (XGHA:MTNGH) has a Interest Expense of GHS-960 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on MTN Ghana and its competitors.
Is MTN Ghana's Interest Expense too high?
MTN Ghana's current Interest Expense is GHS-960 Mil. 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 Expense compare to VZ and TMUS?
MTN Ghana's Interest Expense of GHS-960 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 Ghana and its competitors. MTN Ghana's current Interest Expense is GHS-960 Mil. 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 Expense is GHS-960 Mil. 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 Expense calculated?
Interest Expense is calculated from a company's financial statements. For MTN Ghana (XGHA:MTNGH), the current Interest Expense is GHS-960 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 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 Expense: GHS-960 Mil
  • GF Value™: GHS4.28 vs. price of GHS7.00 (63.6% above fair value)
  • GF Score™: 100/100 with 6 warning signs

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 Business Description

Address MTN House, Independence Avenue, West Ridge, Plot OER 6, Accra, GHA
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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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

GHS7.00
Price
GHS4.28
GF Value