MTN Uganda Balance Sheet Health
Financial Health criteria checks 5/6
MTN Uganda has a total shareholder equity of UGX1,014.2B and total debt of UGX202.4B, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are UGX4,682.5B and UGX3,668.3B respectively. MTN Uganda's EBIT is UGX929.3B making its interest coverage ratio 4.2. It has cash and short-term investments of UGX250.8B.
Key information
20.0%
Debt to equity ratio
USh202.39b
Debt
Interest coverage ratio | 4.2x |
Cash | USh250.83b |
Equity | USh1.01t |
Total liabilities | USh3.67t |
Total assets | USh4.68t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTNU's short term assets (UGX1,963.1B) do not cover its short term liabilities (UGX2,423.7B).
Long Term Liabilities: MTNU's short term assets (UGX1,963.1B) exceed its long term liabilities (UGX1,244.6B).
Debt to Equity History and Analysis
Debt Level: MTNU has more cash than its total debt.
Reducing Debt: MTNU's debt to equity ratio has reduced from 69.1% to 20% over the past 5 years.
Debt Coverage: MTNU's debt is well covered by operating cash flow (474.8%).
Interest Coverage: MTNU's interest payments on its debt are well covered by EBIT (4.2x coverage).