MTN Group Financial Health
How is MTN Group's financial position?
[object Object] Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: LL6A's short term assets (ZAR126.3B) do not cover its short term liabilities (ZAR136.7B).
Long Term Liabilities: LL6A's short term assets (ZAR126.3B) exceed its long term liabilities (ZAR121.9B).
Debt to Equity History and Analysis
Debt Level: LL6A's net debt to equity ratio (34.5%) is considered satisfactory.
Reducing Debt: LL6A's debt to equity ratio has reduced from 81.8% to 73.5% over the past 5 years.
Debt Coverage: LL6A's debt is well covered by operating cash flow (77.6%).
Interest Coverage: LL6A's interest payments on its debt are well covered by EBIT (4.9x coverage).