Airtel Africa Net Debt Growth & History (AAF)
Airtel Africa's net debt was $5.77B for fiscal 2026.
View full Airtel Africa company overviewAirtel Africa annual net debt history
2021
2022
2023
2024
2025
2026
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | $5.77B | $336.0M | +6.19% |
| 2025 | 2025-03-31 | $5.43B | $1.59B | +41.33% |
| 2024 | 2024-03-31 | $3.84B | $203.0M | +5.58% |
| 2023 | 2023-03-31 | $3.64B | $345.0M | +10.47% |
| 2022 | 2022-03-31 | $3.29B | −$509.0M | −13.38% |
| 2021 | 2021-03-31 | $3.80B | — | — |
Airtel Africa quarterly net debt
Q3.25
Q4.25
Q1.26
Q3.26
Q4.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-03-31 | $5.77B | $336.0M | +6.19% |
| Q3 2026 | 2025-12-31 | $5.85B | $586.0M | +11.14% |
| Q1 2026 | 2025-06-30 | $5.70B | — | — |
| Q4 2025 | 2025-03-31 | $5.43B | — | — |
| Q3 2025 | 2024-12-31 | $5.26B | — | — |
Airtel Africa net debt trends
Over the last five fiscal years, Airtel Africa's net debt increased from $3.80B to $5.77B, a change of $1.96B. The latest reported quarter, Q4 2026, shows $5.77B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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