Airtel Africa (LSE:AAF) Debt-to-Asset : 0.45 (As of Mar. 2024)

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What is Airtel Africa Debt-to-Asset?

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 Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was £7,761 Mil. Airtel Africa's debt to asset for the quarter that ended in Mar. 2024 was 0.45.

Airtel Africa Debt-to-Asset Historical Data

The historical data trend for Airtel Africa's Debt-to-Asset 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 Debt-to-Asset Chart

Airtel Africa Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

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0.46

0.38

0.45

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-Asset	Get a 7-Day Free Trial															0.38	0.41	0.41	0.42	0.45

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

For the Telecom Services subindustry, Airtel Africa's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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-Asset Distribution in the Telecommunication Services Industry

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

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

Airtel Africa Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

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

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1403.221	+	2108.373)	/	7760.607
	=	0.45

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

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1403.221	+	2108.373)	/	7760.607
	=	0.45

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

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Airtel Africa Debt-to-Asset 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 » Debt-to-Asset

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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