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 ratio2.8x
CashR17.05b
EquityR121.97b
Total liabilitiesR263.92b
Total assetsR385.88b

Recent financial health updates

Recent updates

MTN Group (JSE:MTN) Use Of Debt Could Be Considered Risky

Sep 13
MTN Group (JSE:MTN) Use Of Debt Could Be Considered Risky

MTN Group Limited (JSE:MTN) Screens Well But There Might Be A Catch

Aug 22
MTN Group Limited (JSE:MTN) Screens Well But There Might Be A Catch

Should You Think About Buying MTN Group Limited (JSE:MTN) Now?

Aug 01
Should You Think About Buying MTN Group Limited (JSE:MTN) Now?

We Like MTN Group's (JSE:MTN) Returns And Here's How They're Trending

May 29
We Like MTN Group's (JSE:MTN) Returns And Here's How They're Trending

Potential Upside For MTN Group Limited (JSE:MTN) Not Without Risk

Apr 27
Potential Upside For MTN Group Limited (JSE:MTN) Not Without Risk

MTN Group (JSE:MTN) Has Affirmed Its Dividend Of ZAR3.30

Apr 11
MTN Group (JSE:MTN) Has Affirmed Its Dividend Of ZAR3.30

MTN Group (JSE:MTN) Is Paying Out A Dividend Of ZAR3.30

Mar 28
MTN Group (JSE:MTN) Is Paying Out A Dividend Of ZAR3.30

These 4 Measures Indicate That MTN Group (JSE:MTN) Is Using Debt Extensively

Mar 26
These 4 Measures Indicate That MTN Group (JSE:MTN) Is Using Debt Extensively

What Is MTN Group Limited's (JSE:MTN) Share Price Doing?

Mar 04
What Is MTN Group Limited's (JSE:MTN) Share Price Doing?

Here's Why We Think MTN Group (JSE:MTN) Is Well Worth Watching

Jan 19
Here's Why We Think MTN Group (JSE:MTN) Is Well Worth Watching

Investor Optimism Abounds MTN Group Limited (JSE:MTN) But Growth Is Lacking

Dec 18
Investor Optimism Abounds MTN Group Limited (JSE:MTN) But Growth Is Lacking

Should You Think About Buying MTN Group Limited (JSE:MTN) Now?

Dec 03
Should You Think About Buying MTN Group Limited (JSE:MTN) Now?

The Trend Of High Returns At MTN Group (JSE:MTN) Has Us Very Interested

Nov 02
The Trend Of High Returns At MTN Group (JSE:MTN) Has Us Very Interested

Here's Why MTN Group (JSE:MTN) Can Manage Its Debt Responsibly

Sep 06
Here's Why MTN Group (JSE:MTN) Can Manage Its Debt Responsibly

Why We Like The Returns At MTN Group (JSE:MTN)

Jul 11
Why We Like The Returns At MTN Group (JSE:MTN)

MTN Group (JSE:MTN) Seems To Use Debt Quite Sensibly

May 15
MTN Group (JSE:MTN) Seems To Use Debt Quite Sensibly

MTN Group's (JSE:MTN) Upcoming Dividend Will Be Larger Than Last Year's

Mar 18
MTN Group's (JSE:MTN) Upcoming Dividend Will Be Larger Than Last Year's

At R144, Is It Time To Put MTN Group Limited (JSE:MTN) On Your Watch List?

Feb 20
At R144, Is It Time To Put MTN Group Limited (JSE:MTN) On Your Watch List?

Why The 25% Return On Capital At MTN Group (JSE:MTN) Should Have Your Attention

Nov 07
Why The 25% Return On Capital At MTN Group (JSE:MTN) Should Have Your Attention

MTN Group (JSE:MTN) Has A Pretty Healthy Balance Sheet

Aug 22
MTN Group (JSE:MTN) Has A Pretty Healthy Balance Sheet

Returns on Capital Paint A Bright Future For MTN Group (JSE:MTN)

Aug 08
Returns on Capital Paint A Bright Future For MTN Group (JSE:MTN)

Should You Investigate MTN Group Limited (JSE:MTN) At R144?

Jul 24
Should You Investigate MTN Group Limited (JSE:MTN) At R144?

An Intrinsic Calculation For MTN Group Limited (JSE:MTN) Suggests It's 24% Undervalued

Jul 08
An Intrinsic Calculation For MTN Group Limited (JSE:MTN) Suggests It's 24% Undervalued

We Think MTN Group (JSE:MTN) Might Have The DNA Of A Multi-Bagger

May 01
We Think MTN Group (JSE:MTN) Might Have The DNA Of A Multi-Bagger

Is MTN Group (JSE:MTN) Using Too Much Debt?

Apr 13
Is MTN Group (JSE:MTN) Using Too Much Debt?

Calculating The Fair Value Of MTN Group Limited (JSE:MTN)

Mar 02
Calculating The Fair Value Of MTN Group Limited (JSE:MTN)

Slowing Rates Of Return At MTN Group (JSE:MTN) Leave Little Room For Excitement

Jan 18
Slowing Rates Of Return At MTN Group (JSE:MTN) Leave Little Room For Excitement

MTN Group (JSE:MTN) Has A Pretty Healthy Balance Sheet

Dec 19
MTN Group (JSE:MTN) Has A Pretty Healthy Balance Sheet

MTN Group Limited (JSE:MTN) Shares Could Be 31% Below Their Intrinsic Value Estimate

Nov 09
MTN Group Limited (JSE:MTN) Shares Could Be 31% Below Their Intrinsic Value Estimate

Investors Met With Slowing Returns on Capital At MTN Group (JSE:MTN)

Oct 15
Investors Met With Slowing Returns on Capital At MTN Group (JSE:MTN)

These 4 Measures Indicate That MTN Group (JSE:MTN) Is Using Debt Reasonably Well

Sep 14
These 4 Measures Indicate That MTN Group (JSE:MTN) Is Using Debt Reasonably Well

MTN Group Limited Just Missed EPS By 67%: Here's What Analysts Think Will Happen Next

Aug 15
MTN Group Limited Just Missed EPS By 67%: Here's What Analysts Think Will Happen Next

Returns On Capital At MTN Group (JSE:MTN) Have Stalled

Jul 13
Returns On Capital At MTN Group (JSE:MTN) Have Stalled

Financial 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).


Balance Sheet


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