Airtel Africa Balance Sheet Health
Financial Health criteria checks 3/6
Airtel Africa has a total shareholder equity of $2.3B and total debt of $2.1B, which brings its debt-to-equity ratio to 90.1%. Its total assets and total liabilities are $9.5B and $7.2B respectively. Airtel Africa's EBIT is $1.5B making its interest coverage ratio 3.7. It has cash and short-term investments of $507.0M.
Key information
90.1%
Debt to equity ratio
US$2.10b
Debt
| Interest coverage ratio | 3.7x |
| Cash | US$507.00m |
| Equity | US$2.33b |
| Total liabilities | US$7.20b |
| Total assets | US$9.53b |
Recent financial health updates
No updates
Recent updates
Should You Think About Buying Airtel Africa Plc (LON:AAF) Now?
Aug 22
Airtel Africa (LON:AAF) Is Very Good At Capital Allocation
Jun 24It's A Story Of Risk Vs Reward With Airtel Africa Plc (LON:AAF)
Apr 29At UK£1.06, Is Airtel Africa Plc (LON:AAF) Worth Looking At Closely?
Apr 02Why The 30% Return On Capital At Airtel Africa (LON:AAF) Should Have Your Attention
Mar 06We Think You Can Look Beyond Airtel Africa's (LON:AAF) Lackluster Earnings
Feb 08Airtel Africa Plc Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Feb 04Is Now The Time To Look At Buying Airtel Africa Plc (LON:AAF)?
Dec 22The Trend Of High Returns At Airtel Africa (LON:AAF) Has Us Very Interested
Oct 17Is Airtel Africa Plc (LON:AAF) Trading At A 40% Discount?
Sep 26Is Airtel Africa Plc (LON:AAF) Potentially Undervalued?
Jul 27We Like Airtel Africa's (LON:AAF) Returns And Here's How They're Trending
Jul 09Here's Why We Think Airtel Africa (LON:AAF) Might Deserve Your Attention Today
Jun 21Is Now An Opportune Moment To Examine Airtel Africa Plc (LON:AAF)?
Apr 10Returns on Capital Paint A Bright Future For Airtel Africa (LON:AAF)
Mar 26Airtel Africa (LON:AAF) Ticks All The Boxes When It Comes To Earnings Growth
Mar 10When Should You Buy Airtel Africa Plc (LON:AAF)?
Jan 08We Think Airtel Africa (LON:AAF) Might Have The DNA Of A Multi-Bagger
Dec 24We Ran A Stock Scan For Earnings Growth And Airtel Africa (LON:AAF) Passed With Ease
Dec 08We Like Airtel Africa's (LON:AAF) Returns And Here's How They're Trending
Sep 19What Is Airtel Africa Plc's (LON:AAF) Share Price Doing?
Sep 03Do Airtel Africa's (LON:AAF) Earnings Warrant Your Attention?
Jul 29Why We Like The Returns At Airtel Africa (LON:AAF)
Jun 17Is It Too Late To Consider Buying Airtel Africa Plc (LON:AAF)?
May 27Does Airtel Africa (LON:AAF) Deserve A Spot On Your Watchlist?
Mar 31Investors Shouldn't Overlook Airtel Africa's (LON:AAF) Impressive Returns On Capital
Feb 24What Does Airtel Africa Plc's (LON:AAF) Share Price Indicate?
Feb 06An Intrinsic Calculation For Airtel Africa Plc (LON:AAF) Suggests It's 48% Undervalued
Dec 21We Like These Underlying Return On Capital Trends At Airtel Africa (LON:AAF)
Sep 07Do Airtel Africa's (LON:AAF) Earnings Warrant Your Attention?
Aug 11Should You Investigate Airtel Africa Plc (LON:AAF) At UK£0.83?
Jul 06Airtel Africa's (LON:AAF) Returns On Capital Are Heading Higher
May 26Financial Position Analysis
Short Term Liabilities: AAF's short term assets ($1.9B) do not cover its short term liabilities ($3.7B).
Long Term Liabilities: AAF's short term assets ($1.9B) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: AAF's net debt to equity ratio (68.3%) is considered high.
Reducing Debt: AAF's debt to equity ratio has reduced from 141.4% to 90.1% over the past 5 years.
Debt Coverage: AAF's debt is well covered by operating cash flow (99.6%).
Interest Coverage: AAF's interest payments on its debt are well covered by EBIT (3.7x coverage).