Mashonaland Holdings (XZIM:MASH.ZW) Debt-to-Equity : 0.02 (As of Dec. 2023)

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What is Mashonaland Holdings Debt-to-Equity?

Mashonaland Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ZWL9,101 Mil. Mashonaland Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ZWL3,718 Mil. Mashonaland Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ZWL639,471 Mil. Mashonaland Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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 Mashonaland Holdings's Debt-to-Equity or its related term are showing as below:

XZIM:MASH.ZW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.03
Current: 0.02

During the past 6 years, the highest Debt-to-Equity Ratio of Mashonaland Holdings was 0.03. The lowest was 0.02. And the median was 0.03.

XZIM:MASH.ZW's Debt-to-Equity is ranked better than
97.09% of 1579 companies
in the Real Estate industry
Industry Median: 0.75 vs XZIM:MASH.ZW: 0.02

Mashonaland Holdings Debt-to-Equity Historical Data

The historical data trend for Mashonaland 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.

Mashonaland Holdings Debt-to-Equity Chart

Mashonaland Holdings Annual Data

Trend

Sep12

Sep18

Sep19

Sep20

Dec22

Dec23

Debt-to-Equity

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0.03

0.02

Mashonaland Holdings Semi-Annual Data
	Mar11	Mar12	Sep12	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								-	0.04	0.03	0.03	0.02

Competitive Comparison of Mashonaland Holdings's Debt-to-Equity

For the Real Estate - Development subindustry, Mashonaland 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.

Mashonaland Holdings's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mashonaland Holdings's Debt-to-Equity distribution charts can be found below:

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

Mashonaland Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mashonaland 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
	=	(9100.944	+	3717.877)	/	639471.149
	=	0.02

Mashonaland 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
	=	(9100.944	+	3717.877)	/	639471.149
	=	0.02

Mashonaland Holdings (XZIM:MASH.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.

Mashonaland Holdings Debt-to-Equity Related Terms

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Mashonaland Holdings (XZIM:MASH.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mashonaland Holdings Ltd (XZIM:MASH.ZW) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

77 Jason Moyo Avenue, P O Box 717, 12th Floor, ZB Life Towers, Harare, ZWE

Website

https://www.masholdings.co.zw

Mashonaland Holdings Ltd operates in the property investment and development business. Its property portfolio is distributed across the office, retail, industrial, residential, and health sector. It has four reportable segments which consist of the Office Segment; Industrial Segment; Pure Retail; and others. It generates the majority of its revenue from the Office Segment. The business activities of the group are carried out throughout the region of Zimbabwe.

Mashonaland Holdings (XZIM:MASH.ZW) Headlines

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