Airtel Networks Zambia Balance Sheet Health
Financial Health criteria checks 3/6
Airtel Networks Zambia has a total shareholder equity of ZMW439.8M and total debt of ZMW2.3B, which brings its debt-to-equity ratio to 532.7%. Its total assets and total liabilities are ZMW5.5B and ZMW5.1B respectively. Airtel Networks Zambia's EBIT is ZMW2.3B making its interest coverage ratio 5.3. It has cash and short-term investments of ZMW81.2M.
Key information
532.7%
Debt to equity ratio
K2.34b
Debt
| Interest coverage ratio | 5.3x |
| Cash | K81.19m |
| Equity | K439.76m |
| Total liabilities | K5.06b |
| Total assets | K5.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATEL's short term assets (ZMW971.2M) do not cover its short term liabilities (ZMW3.0B).
Long Term Liabilities: ATEL's short term assets (ZMW971.2M) do not cover its long term liabilities (ZMW2.1B).
Debt to Equity History and Analysis
Debt Level: ATEL's net debt to equity ratio (514.2%) is considered high.
Reducing Debt: ATEL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: ATEL's debt is well covered by operating cash flow (101.1%).
Interest Coverage: ATEL's interest payments on its debt are well covered by EBIT (5.3x coverage).