Airtel Africa Balance Sheet Health
Financial Health criteria checks 3/6
Airtel Africa has a total shareholder equity of $2.2B and total debt of $2.2B, which brings its debt-to-equity ratio to 102.3%. Its total assets and total liabilities are $10.6B and $8.5B respectively. Airtel Africa's EBIT is $1.5B making its interest coverage ratio 3.3. It has cash and short-term investments of $438.0M.
Key information
102.3%
Debt to equity ratio
US$2.22b
Debt
| Interest coverage ratio | 3.3x |
| Cash | US$438.00m |
| Equity | US$2.17b |
| Total liabilities | US$8.48b |
| Total assets | US$10.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AAFL's short term assets ($1.8B) do not cover its short term liabilities ($4.0B).
Long Term Liabilities: AAFL's short term assets ($1.8B) do not cover its long term liabilities ($4.5B).
Debt to Equity History and Analysis
Debt Level: AAFL's net debt to equity ratio (82.1%) is considered high.
Reducing Debt: AAFL's debt to equity ratio has reduced from 103.3% to 102.3% over the past 5 years.
Debt Coverage: AAFL's debt is well covered by operating cash flow (95.4%).
Interest Coverage: AAFL's interest payments on its debt are well covered by EBIT (3.3x coverage).