MTN Ghana (XGHA:MTNGH) Total Assets: GHS24,642 Mil (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
View Full Analysis

What is MTN Ghana Total Assets?

MTN Ghana XGHA:MTNGH -0.14% 100 Total Assets is GHS24,642 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.

MTN Ghana's Total Assets for the quarter that ended in Mar. 2026 was GHS24,642 Mil.

Warning Sign:

If a company builds assets at 33.4% a year, faster than its revenue growth rate of 29.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, MTN Ghana's average Total Assets Growth Rate was 21.20% per year. During the past 3 years, the average Total Assets Growth Rate was 41.20% per year. During the past 5 years, the average Total Assets Growth Rate was 33.40% per year.

During the past 9 years, MTN Ghana's highest 3-Year average Total Assets Growth Rate was 62.80%. The lowest was 27.40%. And the median was 37.15%.

Total Assets is connected with ROA %. MTN Ghana's annualized ROA % for the quarter that ended in Mar. 2026 was 22.79%. Total Assets is also linked to Revenue through Asset Turnover. MTN Ghana's Asset Turnover for the quarter that ended in Mar. 2026 was 0.17.


MTN Ghana  (XGHA:MTNGH) Total Assets Explanation

Total Assets is connected with ROA %.

MTN Ghana's annualized ROA % for the quarter that ended in Mar. 2026 is

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=9917.608/( (62391.057+24642.353)/ 2 )
=9917.608/43516.705
=22.79 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

MTN Ghana's Asset Turnover for the quarter that ended in Mar. 2026 is

Asset Turnover
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=7273.963/( (62391.057+24642.353)/ 2 )
=7273.963/43516.705
=0.17

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

MTN Ghana Total Assets Related Terms


MTN Ghana Total Assets Historical Data

* Premium members only.

The historical data trend for MTN Ghana's Total Assets 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 Total Assets Chart

MTN Ghana Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Assets
Get a 7-Day Free Trial Premium Member Only 17,525.41 22,063.88 31,586.71 42,456.35 62,391.06

MTN Ghana Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Assets 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 45,739.51 45,492.90 49,102.22 62,391.06 24,642.35
XGHA:MTNGH
100GF Score
MTN Ghana XGHA:MTNGH
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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MTN Ghana Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

MTN Ghana's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=14171.886+48219.171
=62,391

MTN Ghana's Total Assets for the quarter that ended in Mar. 2026 is calculated as

Total Assets=Total Equity (Q: Mar. 2026 )+Total Liabilities (Q: Mar. 2026 )
=14726.964+9915.389
=24,642

* 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 Total Assets →
What does a Total Assets of GHS24,642 Mil mean?
MTN Ghana (XGHA:MTNGH) has a Total Assets of GHS24,642 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on MTN Ghana and its competitors.
Is MTN Ghana's Total Assets too high?
MTN Ghana's current Total Assets is GHS24,642 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 Total Assets compare to VZ and TMUS?
MTN Ghana's Total Assets of GHS24,642 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 Total Assets for a Telecommunication Services company?
A good Total Assets depends on the Telecommunication Services industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on MTN Ghana and its competitors. MTN Ghana's current Total Assets is GHS24,642 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 Total Assets is GHS24,642 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 Total Assets calculated?
Total Assets is calculated from a company's financial statements. For MTN Ghana (XGHA:MTNGH), the current Total Assets is GHS24,642 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:

  • Total Assets: GHS24,642 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

Get the complete analysis for XGHA:MTNGH

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

GHS7.00
Price
GHS4.28
GF Value