Airtel Malawi Balance Sheet Health
Financial Health criteria checks 5/6
Airtel Malawi has a total shareholder equity of MWK29.3B and total debt of MWK34.9B, which brings its debt-to-equity ratio to 119.1%. Its total assets and total liabilities are MWK229.8B and MWK200.5B respectively. Airtel Malawi's EBIT is MWK70.4B making its interest coverage ratio 7.5. It has cash and short-term investments of MWK65.2B.
Key information
119.1%
Debt to equity ratio
MK34.88b
Debt
Interest coverage ratio | 7.5x |
Cash | MK65.22b |
Equity | MK29.29b |
Total liabilities | MK200.52b |
Total assets | MK229.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AIRTEL's short term assets (MWK97.1B) do not cover its short term liabilities (MWK150.2B).
Long Term Liabilities: AIRTEL's short term assets (MWK97.1B) exceed its long term liabilities (MWK50.3B).
Debt to Equity History and Analysis
Debt Level: AIRTEL has more cash than its total debt.
Reducing Debt: AIRTEL's debt to equity ratio has reduced from 316.8% to 119.1% over the past 5 years.
Debt Coverage: AIRTEL's debt is well covered by operating cash flow (203.6%).
Interest Coverage: AIRTEL's interest payments on its debt are well covered by EBIT (7.5x coverage).