Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zb Financial Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ZWL985,482 Mil. Zb Financial Holdings's Total Assets for the quarter that ended in Dec. 2023 was ZWL3,355,293 Mil.
Therefore, Zb Financial Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.29.
The historical rank and industry rank for Zb Financial Holdings's Equity-to-Asset or its related term are showing as below:
XZIM:ZBFH.ZW'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15 Med: 0.32 Max: 0.36
Current: 0.29
During the past 10 years, the highest Equity to Asset Ratio of Zb Financial Holdings was 0.36. The lowest was 0.15. And the median was 0.32.
XZIM:ZBFH.ZW's Equity-to-Asset is ranked better than 96.11% of 1465
companies
in the Banks industry
Industry Median: 0.09
vs XZIM:ZBFH.ZW: 0.29
Zb Financial Holdings Equity-to-Asset Historical Data
The historical data trend for Zb Financial 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.
Competitive Comparison of Zb Financial Holdings's Equity-to-Asset
For the Banks - Regional subindustry, Zb Financial 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.
Zb Financial Holdings's Equity-to-Asset Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Zb Financial Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Zb Financial Holdings's Equity-to-Asset falls into.
Zb Financial 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.
Zb Financial Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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%.
Zb Financial Holdings Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Zb Financial Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Zb Financial Holdings (XZIM:ZBFH.ZW) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XZIM:ZBFH.ZW has been successfully added to your 