NMBZ Holding (LSE:NMB) Equity-to-Asset : 0.35 (As of Dec. 2023)

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What is NMBZ Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NMBZ Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,650.43 Mil. NMBZ Holding's Total Assets for the quarter that ended in Dec. 2023 was $4,665.36 Mil. Therefore, NMBZ Holding's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.35.

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

LSE:NMB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15 Med: 0.32 Max: 0.37
Current: 0.35

During the past 9 years, the highest Equity to Asset Ratio of NMBZ Holding was 0.37. The lowest was 0.15. And the median was 0.32.

LSE:NMB's Equity-to-Asset is ranked better than
96.86% of 1467 companies
in the Banks industry
Industry Median: 0.09 vs LSE:NMB: 0.35

NMBZ Holding Equity-to-Asset Historical Data

The historical data trend for NMBZ Holding'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.

NMBZ Holding Equity-to-Asset Chart

NMBZ Holding Annual Data

Trend

Dec09

Dec11

Dec12

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.32

0.37

0.30

0.32

0.35

NMBZ Holding Semi-Annual Data
	Dec09	Jun11	Dec11	Jun12	Dec12	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial											0.30	0.30	0.32	0.38	0.35

Competitive Comparison of NMBZ Holding's Equity-to-Asset

For the Banks - Regional subindustry, NMBZ Holding'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.

NMBZ Holding's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, NMBZ Holding's Equity-to-Asset distribution charts can be found below:

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

NMBZ Holding 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.

NMBZ Holding's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1650.434	/	4665.364
	=	0.35

NMBZ Holding'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
	=	1650.434	/	4665.364
	=	0.35

NMBZ Holding (LSE:NMB) 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%.

NMBZ Holding Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of NMBZ Holding's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

NMBZ Holding (LSE:NMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NMBZ Holding Ltd (LSE:NMB) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

NMB.ZW:Zimbabwe

Address

19207 Liberation Legacy Way, PO Box 2564, Borrowdale, Harare, ZWE

Website

https://www.nmbz.co.zw

NMBZ Holding Ltd is an investment holding company. Through its subsidiary, it operates in five segments: Retail Banking, Corporate Banking, Digital Banking, Treasury, International Banking, and others. Its Retail Banking segment includes individual customer's deposits and consumer overdrafts, credit card facilities, and funds transfer facilities. The Digital Banking segment handles the Bank's Digital Banking products, including Card and POS Services. Its Corporate Banking segment includes loans and other credit facilities and deposit and current accounts for corporate and institutional customers. The Treasury segment includes money market investment, securities trading, accepting and discounting of instruments, and foreign currency trading.

NMBZ Holding (LSE:NMB) Headlines

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