Zb Financial Holdings (XZIM:ZBFH.ZW) Debt-to-Equity : 0.11 (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Zb Financial Holdings Debt-to-Equity?

Zb Financial Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ZWL0 Mil. Zb Financial Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ZWL112,285 Mil. Zb Financial Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ZWL985,482 Mil. Zb Financial Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.11.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Zb Financial Holdings's Debt-to-Equity or its related term are showing as below:

XZIM:ZBFH.ZW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.08 Max: 0.28
Current: 0.11

During the past 10 years, the highest Debt-to-Equity Ratio of Zb Financial Holdings was 0.28. The lowest was 0.05. And the median was 0.08.

XZIM:ZBFH.ZW's Debt-to-Equity is ranked better than
89.43% of 1391 companies
in the Banks industry
Industry Median: 0.65 vs XZIM:ZBFH.ZW: 0.11

Zb Financial Holdings Debt-to-Equity Historical Data

The historical data trend for Zb Financial Holdings's Debt-to-Equity 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.

* Premium members only.

Zb Financial Holdings Debt-to-Equity Chart

Zb Financial Holdings Annual Data

Trend

Dec08

Dec09

Dec11

Dec12

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.08

0.05

0.07

0.08

0.11

Zb Financial Holdings Semi-Annual Data
	Dec09	Jun12	Dec12	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial									0.07	0.10	0.08	0.14	0.11

Competitive Comparison of Zb Financial Holdings's Debt-to-Equity

For the Banks - Regional subindustry, Zb Financial Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Zb Financial Holdings's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Zb Financial Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Zb Financial Holdings's Debt-to-Equity falls into.

Zb Financial Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Zb Financial Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	112284.584)	/	985481.666
	=	0.11

Zb Financial Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	112284.584)	/	985481.666
	=	0.11

Zb Financial Holdings (XZIM:ZBFH.ZW) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Zb Financial Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Zb Financial Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Zb Financial Holdings (XZIM:ZBFH.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Zb Financial Holdings Ltd (XZIM:ZBFH.ZW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

21 Natal Road, Avondale, Harare, ZWE

Website

https://www.zb.co.zw

Zb Financial Holdings Ltd is a Zimbabwe-based investment holding company. Along with its subsidiaries, the firm operates its business activities in three segments including Banking, Insurance and Other Strategic Investments. The Banking segment derives the majority of the revenue for the group that provides a wide range of financial services to customers through a wide network of branches and electronic delivery channels. The core business of this segment is the provision of retail and commercial banking services. The product range includes deposit, personal and corporate lending, asset finance, mortgage finance, treasury management, corporate advisory services, medium to long term structured finance, share transfer and script management services, and a wide array of card-based facilities.

Zb Financial Holdings (XZIM:ZBFH.ZW) Headlines

No Headlines