MTN Group Debt/Equity Ratio 2011-2024 | MTNOY
- MTN Group average debt/equity ratio for 2023 was 0.43, a 20.37% decline from 2022.
- MTN Group average debt/equity ratio for 2022 was 0.54, a 14.29% decline from 2021.
- MTN Group average debt/equity ratio for 2021 was 0.63, a 23.17% decline from 2020.
Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.