MTN Group Balance Sheet Health
Financial Health criteria checks 5/6
MTN Group has a total shareholder equity of ZAR150.2B and total debt of ZAR87.5B, which brings its debt-to-equity ratio to 58.3%. Its total assets and total liabilities are ZAR434.7B and ZAR284.5B respectively. MTN Group's EBIT is ZAR57.0B making its interest coverage ratio 3.6. It has cash and short-term investments of ZAR40.9B.
Key information
58.3%
Debt to equity ratio
R87.53b
Debt
| Interest coverage ratio | 3.6x |
| Cash | R40.91b |
| Equity | R150.18b |
| Total liabilities | R284.53b |
| Total assets | R434.71b |
Recent financial health updates
These 4 Measures Indicate That MTN Group (JSE:MTN) Is Using Debt Extensively
Mar 26
Here's Why MTN Group (JSE:MTN) Can Manage Its Debt Responsibly
Sep 06MTN Group (JSE:MTN) Seems To Use Debt Quite Sensibly
May 15MTN Group (JSE:MTN) Has A Pretty Healthy Balance Sheet
Aug 22Is MTN Group (JSE:MTN) Using Too Much Debt?
Apr 13MTN Group (JSE:MTN) Has A Pretty Healthy Balance Sheet
Dec 19Recent updates
MTN Group (JSE:MTN) Has Affirmed Its Dividend Of ZAR3.30
Apr 11MTN Group (JSE:MTN) Is Paying Out A Dividend Of ZAR3.30
Mar 28These 4 Measures Indicate That MTN Group (JSE:MTN) Is Using Debt Extensively
Mar 26What Is MTN Group Limited's (JSE:MTN) Share Price Doing?
Mar 04Here's Why We Think MTN Group (JSE:MTN) Is Well Worth Watching
Jan 19Investor Optimism Abounds MTN Group Limited (JSE:MTN) But Growth Is Lacking
Dec 18Should You Think About Buying MTN Group Limited (JSE:MTN) Now?
Dec 03The Trend Of High Returns At MTN Group (JSE:MTN) Has Us Very Interested
Nov 02Here's Why MTN Group (JSE:MTN) Can Manage Its Debt Responsibly
Sep 06Why We Like The Returns At MTN Group (JSE:MTN)
Jul 11MTN Group (JSE:MTN) Seems To Use Debt Quite Sensibly
May 15MTN Group's (JSE:MTN) Upcoming Dividend Will Be Larger Than Last Year's
Mar 18At R144, Is It Time To Put MTN Group Limited (JSE:MTN) On Your Watch List?
Feb 20Why The 25% Return On Capital At MTN Group (JSE:MTN) Should Have Your Attention
Nov 07MTN Group (JSE:MTN) Has A Pretty Healthy Balance Sheet
Aug 22Returns on Capital Paint A Bright Future For MTN Group (JSE:MTN)
Aug 08Should You Investigate MTN Group Limited (JSE:MTN) At R144?
Jul 24An Intrinsic Calculation For MTN Group Limited (JSE:MTN) Suggests It's 24% Undervalued
Jul 08We Think MTN Group (JSE:MTN) Might Have The DNA Of A Multi-Bagger
May 01Is MTN Group (JSE:MTN) Using Too Much Debt?
Apr 13Calculating The Fair Value Of MTN Group Limited (JSE:MTN)
Mar 02Slowing Rates Of Return At MTN Group (JSE:MTN) Leave Little Room For Excitement
Jan 18MTN Group (JSE:MTN) Has A Pretty Healthy Balance Sheet
Dec 19MTN Group Limited (JSE:MTN) Shares Could Be 31% Below Their Intrinsic Value Estimate
Nov 09Investors Met With Slowing Returns on Capital At MTN Group (JSE:MTN)
Oct 15These 4 Measures Indicate That MTN Group (JSE:MTN) Is Using Debt Reasonably Well
Sep 14MTN Group Limited Just Missed EPS By 67%: Here's What Analysts Think Will Happen Next
Aug 15Returns On Capital At MTN Group (JSE:MTN) Have Stalled
Jul 13Is MTN Group (JSE:MTN) Using Too Much Debt?
Jun 15Here's What To Make Of MTN Group's (JSE:MTN) Decelerating Rates Of Return
Apr 11Does MTN Group (JSE:MTN) Deserve A Spot On Your Watchlist?
Mar 29Why Investors Shouldn't Be Surprised By MTN Group Limited's (JSE:MTN) Low P/E
Mar 12Should You Rely On MTN Group's (JSE:MTN) Earnings Growth?
Feb 12
Financial Position Analysis
Short Term Liabilities: MTN's short term assets (ZAR144.7B) do not cover its short term liabilities (ZAR164.8B).
Long Term Liabilities: MTN's short term assets (ZAR144.7B) exceed its long term liabilities (ZAR119.7B).
Debt to Equity History and Analysis
Debt Level: MTN's net debt to equity ratio (31%) is considered satisfactory.
Reducing Debt: MTN's debt to equity ratio has reduced from 96.3% to 58.3% over the past 5 years.
Debt Coverage: MTN's debt is well covered by operating cash flow (73.2%).
Interest Coverage: MTN's interest payments on its debt are well covered by EBIT (3.6x coverage).