Fidelity Life Assurance of Zimbabwe (XZIM:FIDL.ZW) Total Assets : ZWL470,133.38 Mil (As of Jun. 2023)

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What is Fidelity Life Assurance of Zimbabwe Total Assets?

Fidelity Life Assurance of Zimbabwe's Total Assets for the quarter that ended in Jun. 2023 was ZWL470,133.38 Mil.

During the past 12 months, Fidelity Life Assurance of Zimbabwe's average Total Assets Growth Rate was 1216.40% per year. During the past 3 years, the average Total Assets Growth Rate was 100.00% per year. During the past 5 years, the average Total Assets Growth Rate was 44.90% per year.

During the past 7 years, Fidelity Life Assurance of Zimbabwe's highest 3-Year average Total Assets Growth Rate was 115.10%. The lowest was -22.40%. And the median was 41.75%.

Total Assets is connected with ROA %. Fidelity Life Assurance of Zimbabwe's annualized ROA % for the quarter that ended in Jun. 2023 was 20.32%. Total Assets is also linked to Revenue through Asset Turnover. Fidelity Life Assurance of Zimbabwe's Asset Turnover for the quarter that ended in Jun. 2023 was -0.03.

Fidelity Life Assurance of Zimbabwe Total Assets Historical Data

The historical data trend for Fidelity Life Assurance of Zimbabwe's Total Assets 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.

Fidelity Life Assurance of Zimbabwe Total Assets Chart

Fidelity Life Assurance of Zimbabwe Annual Data

Trend

Dec11

Dec12

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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3,525.16

7,395.11

8,663.49

34,006.44

56,407.69

Fidelity Life Assurance of Zimbabwe Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Assets	Get a 7-Day Free Trial										6,604.20	34,006.44	35,436.78	56,407.69	470,133.38

Fidelity Life Assurance of Zimbabwe Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Fidelity Life Assurance of Zimbabwe's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	7547.518	+	48860.172
	=	56,407.69

Fidelity Life Assurance of Zimbabwe's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	105147.964	+	364985.412
	=	470,133.38

Fidelity Life Assurance of Zimbabwe (XZIM:FIDL.ZW) Total Assets Explanation

Total Assets is connected with ROA %.

Fidelity Life Assurance of Zimbabwe's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	53499.35	/	( (56407.69	+	470133.376)	/ 2 )
	=	53499.35	/	263270.533
	=	20.32 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Fidelity Life Assurance of Zimbabwe's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	-8351.628	/	( (56407.69	+	470133.376)	/ 2 )
=	-8351.628	/	263270.533
=	-0.03

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Fidelity Life Assurance of Zimbabwe Total Assets Related Terms

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Fidelity Life Assurance of Zimbabwe (XZIM:FIDL.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Fidelity Life Assurance of Zimbabwe Ltd (XZIM:FIDL.ZW) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

66 Julius Nyerere Way, Fidelity House, Harare, ZWE

Website

https://www.fidelitylife.co.zw

Fidelity Life Assurance of Zimbabwe Ltd is involved in the insurance business. The company's operating segment includes Insurance, Property Investment, Microlending, and Others. The Insurance segment of the company is involved in life assurance and pensions and the Microlending segment is involved in consumer loans, business loans, and loans to farmers. The company generates maximum revenue from the Insurance segment. Geographically, the company derives a majority of its revenue from Zimbabwe and also has a presence in Malawi.

Fidelity Life Assurance of Zimbabwe (XZIM:FIDL.ZW) Headlines

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