Zimplats Holdings (ASX:ZIM) Equity-to-Asset : 0.73 (As of Dec. 2023)

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What is Zimplats Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zimplats Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$2,647 Mil. Zimplats Holdings's Total Assets for the quarter that ended in Dec. 2023 was A$3,653 Mil. Therefore, Zimplats Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.73.

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

ASX:ZIM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.66 Med: 0.72 Max: 0.81
Current: 0.73

During the past 13 years, the highest Equity to Asset Ratio of Zimplats Holdings was 0.81. The lowest was 0.66. And the median was 0.72.

ASX:ZIM's Equity-to-Asset is ranked worse than
56.26% of 2707 companies
in the Metals & Mining industry
Industry Median: 0.8 vs ASX:ZIM: 0.73

Zimplats Holdings Equity-to-Asset Historical Data

The historical data trend for Zimplats Holdings's Equity-to-Asset 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.

Zimplats Holdings Equity-to-Asset Chart

Zimplats Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

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0.70

0.74

0.80

0.78

0.76

Zimplats Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.81	0.78	0.78	0.76	0.73

Competitive Comparison of Zimplats Holdings's Equity-to-Asset

For the Other Precious Metals & Mining subindustry, Zimplats Holdings's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.

Zimplats Holdings's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Zimplats Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Zimplats Holdings's Equity-to-Asset falls into.

Zimplats Holdings Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Zimplats Holdings's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2801.54	/	3684.411
	=	0.76

Zimplats Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2646.564	/	3652.836
	=	0.72

Zimplats Holdings (ASX:ZIM) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Zimplats Holdings Equity-to-Asset Related Terms

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Zimplats Holdings (ASX:ZIM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Zimplats Holdings Ltd (ASX:ZIM) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

ZMPLF:USA

Address

1st and 2nd Floors, Elizabeth House, Les Ruettes Brayes, Saint Peter Port, GGY, GY1 1EW

Website

https://www.zimplats.com

Zimplats Holdings Ltd is engaged in the production of the platinum group and associated metals such as platinum, palladium, rhodium, iridium, ruthenium, osmium, and other associated metals (nickel, gold, copper, cobalt, and silver) from the Great Dyke in Zimbabwe. The Group operates as a vertically integrated mining concern and is managed as a single segment. The Group's operations are based in one geographical location, Zimbabwe.