AARTY
Price:
$14.77
Market Cap:
$5.21B
Airtel Africa Plc, together with its subsidiaries, provides telecommunications and mobile money services to customers in Nigeria, East Africa, and Francophone Africa. It offers prepaid and postpaid wireless voice, international roaming, and fixed line telephone services; data communication services, including 2G, 3G, and 4G; and mobile money services, such as digital wallet payments systems, microloans, savings, and international money transfers. The company also provides messaging, value added, enterprise, and infrastructure sharing services, as well as support services; and sells handsets. In addition, it is involved in the investment activities. The company was incorporated in 2018 and is...[Read more]
Industry
Telecommunications Services
IPO Date
2023-03-27
Stock Exchange
PNK
Ticker
AARTY
According to Airtel Africa Plc’s latest financial reports and current stock price. The company's current Current Ratio is 0.47. This represents a change of -12.22% compared to the average of 0.53 of the last 4 quarters.
The mean historical Current Ratio of Airtel Africa Plc over the last ten years is 0.48. The current 0.47 Current Ratio has changed 9.67% with respect to the historical average. Over the past ten years (40 quarters), AARTY's Current Ratio was at its highest in in the September 2019 quarter at 0.83. The Current Ratio was at its lowest in in the March 2018 quarter at 0.
Average
0.48
Median
0.54
Minimum
0.20
Maximum
0.67
Discovering the peaks and valleys of Airtel Africa Plc Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 124.85%
Maximum Annual Current Ratio = 0.67
Minimum Annual Increase = -19.05%
Minimum Annual Current Ratio = 0.20
Year | Current Ratio | Change |
---|---|---|
2024 | 0.57 | 6.61% |
2023 | 0.53 | -18.23% |
2022 | 0.65 | 19.53% |
2021 | 0.54 | -19.05% |
2020 | 0.67 | 46.23% |
2019 | 0.46 | 124.85% |
2018 | 0.20 | 1.83% |
The current Current Ratio of Airtel Africa Plc (AARTY) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.58
5-year avg
0.59
10-year avg
0.48
Airtel Africa Plc’s Current Ratio is
Company | Current Ratio | Market cap |
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