Discontinued — last reported Q3 '24
Business Segments · Effect of foreign currency translation
Property, Africa — Effect of foreign currency translation
American Tower Property, Africa — Effect of foreign currency translation decreased by 55.0% to $5.9M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 142.4%, from -$13.9M to $5.9M.
Analysis
StatementSegment
CategoryRisk
SignalContext dependent
VolatilityVolatile
First reportedQ1 2020
Last reportedQ3 2024Oct 29, 2024
How to read this metric
A negative value indicates that local currency depreciation has reduced the reported value of the segment's earnings or assets.
Detailed definition
This captures the impact of fluctuations in local African currencies relative to the company's reporting currency on the...
Peer comparison
Standard reporting for multinational corporations with significant emerging market exposure.
Metric ID:
amt_segment_africa_effect_of_foreign_currency_translationHistorical Data
13 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $9.9M | -$9.8M | -$10.1M | -$14.9M | -$29.4M | -$33.9M | -$18.7M | -$11.9M | -$13.9M | -$6.3M | $1.6M | $13.1M | $5.9M |
| QoQ Change | — | -199.0% | -3.1% | -47.5% | -97.3% | -15.3% | +44.8% | +36.4% | -16.8% | +54.7% | +125.4% | +718.8% | -55.0% |
| YoY Change | — | — | — | — | -397.0% | -245.9% | -25.5% | +59.5% | +59.0% | — | +108.6% | +210.1% | +142.4% |
Range-$33.9M – $13.1M
CAGR-15.8%
Avg YoY Growth-11.1%
Median YoY Growth+59.3%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is American Tower's property, africa — effect of foreign currency translation?
- American Tower (AMT) reported property, africa — effect of foreign currency translation of $5.9M in Q3 2024.
- How has American Tower's property, africa — effect of foreign currency translation changed year-over-year?
- American Tower's property, africa — effect of foreign currency translation increased by 142.4% year-over-year, from -$13.9M to $5.9M.
- What does property, africa — effect of foreign currency translation mean?
- The financial impact of currency exchange rate changes on the Africa segment's reported figures.