MTN Group Balance Sheet Health
Financial Health criteria checks 3/6
MTN Group has a total shareholder equity of ZAR122.0B and total debt of ZAR74.4B, which brings its debt-to-equity ratio to 61%. Its total assets and total liabilities are ZAR385.9B and ZAR263.9B respectively. MTN Group's EBIT is ZAR42.9B making its interest coverage ratio 2.8. It has cash and short-term investments of ZAR17.0B.
Key information
61.0%
Debt to equity ratio
R74.42b
Debt
| Interest coverage ratio | 2.8x |
| Cash | R17.05b |
| Equity | R121.97b |
| Total liabilities | R263.92b |
| Total assets | R385.88b |
Recent financial health updates
MTN Group (JSE:MTN) Use Of Debt Could Be Considered Risky
Sep 13
These 4 Measures Indicate That MTN Group (JSE:MTN) Is Using Debt Extensively
Mar 26Here'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 13Recent updates
MTN Group's (JSE:MTN) Returns On Capital Are Heading Higher
Nov 15MTN Group (JSE:MTN) Use Of Debt Could Be Considered Risky
Sep 13MTN Group Limited (JSE:MTN) Screens Well But There Might Be A Catch
Aug 22Should You Think About Buying MTN Group Limited (JSE:MTN) Now?
Aug 01We Like MTN Group's (JSE:MTN) Returns And Here's How They're Trending
May 29Potential Upside For MTN Group Limited (JSE:MTN) Not Without Risk
Apr 27MTN 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 15Financial Position Analysis
Short Term Liabilities: MTN's short term assets (ZAR126.3B) do not cover its short term liabilities (ZAR151.4B).
Long Term Liabilities: MTN's short term assets (ZAR126.3B) exceed its long term liabilities (ZAR112.6B).
Debt to Equity History and Analysis
Debt Level: MTN's net debt to equity ratio (47%) is considered high.
Reducing Debt: MTN's debt to equity ratio has reduced from 106.3% to 61% over the past 5 years.
Debt Coverage: MTN's debt is well covered by operating cash flow (65.6%).
Interest Coverage: MTN's interest payments on its debt are not well covered by EBIT (2.8x coverage).