Airtel Africa (LSE:AAF) Debt-to-Equity : 2.07 (As of Mar. 2024)

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What is Airtel Africa Debt-to-Equity?

Airtel Africa's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was £1,403 Mil. Airtel Africa's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was £2,108 Mil. Airtel Africa's Total Stockholders Equity for the quarter that ended in Mar. 2024 was £1,700 Mil. Airtel Africa's debt to equity for the quarter that ended in Mar. 2024 was 2.07.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Airtel Africa's Debt-to-Equity or its related term are showing as below:

LSE:AAF' s Debt-to-Equity Range Over the Past 10 Years
Min: -10.03 Med: 1.21 Max: 2.07
Current: 2.07

During the past 8 years, the highest Debt-to-Equity Ratio of Airtel Africa was 2.07. The lowest was -10.03. And the median was 1.21.

LSE:AAF's Debt-to-Equity is ranked worse than
83.48% of 345 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs LSE:AAF: 2.07

Airtel Africa Debt-to-Equity Historical Data

The historical data trend for Airtel Africa's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Airtel Africa Debt-to-Equity Chart

Airtel Africa Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.26

1.36

1.12

1.16

2.07

Airtel Africa Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.16	1.43	1.46	1.66	2.07

Competitive Comparison of Airtel Africa's Debt-to-Equity

For the Telecom Services subindustry, Airtel Africa's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Airtel Africa's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Airtel Africa's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Airtel Africa's Debt-to-Equity falls into.

Airtel Africa Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Airtel Africa's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1403.221	+	2108.373)	/	1699.92
	=	2.07

Airtel Africa's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1403.221	+	2108.373)	/	1699.92
	=	2.07

Airtel Africa (LSE:AAF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Airtel Africa Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Airtel Africa's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Airtel Africa (LSE:AAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Airtel Africa PLC (LSE:AAF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AARTY:USA AAFRF:USA AIRTELAFRI:Nigeria AAFl:UK 9AA:Germany

Address

53/54 Grosvenor Street, First Floor, London, GBR, W1K 3HU

Website

https://www.airtel.africa.com

Airtel Africa PLC is engaged in providing affordable and innovative mobile services. The company's segment includes Nigeria mobile services; East Africa mobile services; Francophone Africa mobile services; Mobile money and others. It generates maximum revenue from the Nigeria mobile services segment. Nigeria mobile services segment comprising of mobile service operations in Nigeria.

Airtel Africa (LSE:AAF) Headlines

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