Airtel Uganda Balance Sheet Health
Financial Health criteria checks 3/6
Airtel Uganda has a total shareholder equity of UGX126.7B and total debt of UGX693.2B, which brings its debt-to-equity ratio to 546.9%. Its total assets and total liabilities are UGX2,200.6B and UGX2,073.8B respectively. Airtel Uganda's EBIT is UGX591.7B making its interest coverage ratio 4.1. It has cash and short-term investments of UGX34.3B.
Key information
546.9%
Debt to equity ratio
USh693.18b
Debt
| Interest coverage ratio | 4.1x |
| Cash | USh34.35b |
| Equity | USh126.74b |
| Total liabilities | USh2.07t |
| Total assets | USh2.20t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AIRTEL UGANDA's short term assets (UGX233.5B) do not cover its short term liabilities (UGX913.1B).
Long Term Liabilities: AIRTEL UGANDA's short term assets (UGX233.5B) do not cover its long term liabilities (UGX1,160.7B).
Debt to Equity History and Analysis
Debt Level: AIRTEL UGANDA's net debt to equity ratio (519.8%) is considered high.
Reducing Debt: AIRTEL UGANDA's debt to equity ratio has reduced from 781.4% to 546.9% over the past 5 years.
Debt Coverage: AIRTEL UGANDA's debt is well covered by operating cash flow (105.8%).
Interest Coverage: AIRTEL UGANDA's interest payments on its debt are well covered by EBIT (4.1x coverage).