Airtel Africa (LSE:AAF) Total Assets : £7,761 Mil (As of Mar. 2024)

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What is Airtel Africa Total Assets?

Airtel Africa's Total Assets for the quarter that ended in Mar. 2024 was £7,761 Mil.

During the past 12 months, Airtel Africa's average Total Assets Growth Rate was -19.20% per year. During the past 3 years, the average Total Assets Growth Rate was 2.50% per year. During the past 5 years, the average Total Assets Growth Rate was 4.10% per year.

During the past 8 years, Airtel Africa's highest 3-Year average Total Assets Growth Rate was 8.70%. The lowest was -0.80%. And the median was 3.20%.

Total Assets is connected with ROA %. Airtel Africa's annualized ROA % for the quarter that ended in Mar. 2024 was -4.26%. Total Assets is also linked to Revenue through Asset Turnover. Airtel Africa's Asset Turnover for the quarter that ended in Mar. 2024 was 0.11.

Airtel Africa Total Assets Historical Data

The historical data trend for Airtel Africa's Total Assets 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.

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Airtel Africa Total Assets Chart

Airtel Africa Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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7,534.60

7,204.23

7,866.28

9,200.78

7,760.61

Airtel Africa Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															9,200.78	8,048.30	8,078.38	7,622.71	7,760.61

Airtel Africa Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Airtel Africa's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	1810.1	+	5950.507
	=	7,761

Airtel Africa's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	1810.1	+	5950.507
	=	7,761

Airtel Africa (LSE:AAF) Total Assets Explanation

Total Assets is connected with ROA %.

Airtel Africa's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-327.392	/	( (7622.71	+	7760.607)	/ 2 )
	=	-327.392	/	7691.6585
	=	-4.26 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Airtel Africa's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	879.866	/	( (7622.71	+	7760.607)	/ 2 )
=	879.866	/	7691.6585
=	0.11

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Airtel Africa Total Assets Related Terms

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Airtel Africa (LSE:AAF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Airtel Africa PLC (LSE:AAF) » Definitions » Total Assets

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.

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