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 $2.4B, which brings its debt-to-equity ratio to 103.2%. Its total assets and total liabilities are $9.9B and $7.6B respectively. Airtel Africa's EBIT is $1.6B making its interest coverage ratio 3.7. It has cash and short-term investments of $966.0M.
Key information
103.2%
Debt to equity ratio
US$2.37b
Debt
Interest coverage ratio | 3.7x |
Cash | US$966.00m |
Equity | US$2.30b |
Total liabilities | US$7.56b |
Total assets | US$9.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AAFR.F's short term assets ($2.3B) do not cover its short term liabilities ($4.0B).
Long Term Liabilities: AAFR.F's short term assets ($2.3B) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: AAFR.F's net debt to equity ratio (61.2%) is considered high.
Reducing Debt: AAFR.F's debt to equity ratio has reduced from 149.3% to 103.2% over the past 5 years.
Debt Coverage: AAFR.F's debt is well covered by operating cash flow (95.2%).
Interest Coverage: AAFR.F's interest payments on its debt are well covered by EBIT (3.7x coverage).