ZCCM Investments Holdings (LSE:ZCC) LT-Debt-to-Total-Asset : 0.56 (As of Dec. 2022)

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What is ZCCM Investments Holdings LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. ZCCM Investments Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 0.56.

ZCCM Investments Holdings's long-term debt to total assets ratio increased from Dec. 2021 (0.52) to Dec. 2022 (0.56). It may suggest that ZCCM Investments Holdings is progressively becoming more dependent on debt to grow their business.

ZCCM Investments Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for ZCCM Investments Holdings's LT-Debt-to-Total-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.

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ZCCM Investments Holdings LT-Debt-to-Total-Asset Chart

ZCCM Investments Holdings Annual Data

Trend

Mar13

Mar14

Mar15

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Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.01

0.52

0.56

ZCCM Investments Holdings Semi-Annual Data
	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	-	0.52	-	0.56

ZCCM Investments Holdings LT-Debt-to-Total-Asset Calculation

ZCCM Investments Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	1034.475	/	1841.743
	=	0.56

ZCCM Investments Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (Q: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2022 )	/	Total Assets (Q: Dec. 2022 )
	=	1034.475	/	1841.743
	=	0.56

ZCCM Investments Holdings (LSE:ZCC) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

ZCCM Investments Holdings LT-Debt-to-Total-Asset Related Terms

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ZCCM Investments Holdings (LSE:ZCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » ZCCM Investments Holdings PLC (LSE:ZCC) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

MLZAM:France

Address

Alick Nkhata Road, Mass Media Complex Area, P O Box 30048, Stand Number 16806, ZCCM-IH Office Park, Lusaka, ZMB, 10101

Website

https://www.zccm-ih.com.zm

ZCCM Investments Holdings PLC is an investment holding company managing the Zambian Government's stake in the mining sector, as the Zambian Government. The company operates in four segments namely ZCCM-IH Plc, Ndola Lime Company Limited, Investrust Bank Plc, and Misenge Environmental and Technical Services Limited.

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