ZIM Integrated Shipping Services (FRA:2SV) Debt-to-Equity : 2.04 (As of Dec. 2023)

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What is ZIM Integrated Shipping Services Debt-to-Equity?

ZIM Integrated Shipping Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,552 Mil. ZIM Integrated Shipping Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3,032 Mil. ZIM Integrated Shipping Services's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €2,251 Mil. ZIM Integrated Shipping Services's debt to equity for the quarter that ended in Dec. 2023 was 2.04.

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 ZIM Integrated Shipping Services's Debt-to-Equity or its related term are showing as below:

FRA:2SV' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.97 Med: 0.73 Max: 6.86
Current: 2.04

During the past 7 years, the highest Debt-to-Equity Ratio of ZIM Integrated Shipping Services was 6.86. The lowest was -5.97. And the median was 0.73.

FRA:2SV's Debt-to-Equity is ranked worse than
87.23% of 885 companies
in the Transportation industry
Industry Median: 0.55 vs FRA:2SV: 2.04

ZIM Integrated Shipping Services Debt-to-Equity Historical Data

The historical data trend for ZIM Integrated Shipping Services'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.

ZIM Integrated Shipping Services Debt-to-Equity Chart

ZIM Integrated Shipping Services Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-5.97

6.86

0.72

0.74

2.04

ZIM Integrated Shipping Services Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.74	0.92	1.01	1.85	2.04

Competitive Comparison of ZIM Integrated Shipping Services's Debt-to-Equity

For the Marine Shipping subindustry, ZIM Integrated Shipping Services'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.

ZIM Integrated Shipping Services's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ZIM Integrated Shipping Services's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where ZIM Integrated Shipping Services's Debt-to-Equity falls into.

ZIM Integrated Shipping Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ZIM Integrated Shipping Services'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
	=	(1552.389	+	3031.785)	/	2250.96
	=	2.04

ZIM Integrated Shipping Services'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
	=	(1552.389	+	3031.785)	/	2250.96
	=	2.04

ZIM Integrated Shipping Services (FRA:2SV) 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.

ZIM Integrated Shipping Services Debt-to-Equity Related Terms

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ZIM Integrated Shipping Services (FRA:2SV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ZIM Integrated Shipping Services Ltd (FRA:2SV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ZIM:USA

Address

9 Andrei Sakharov Street, P.O. Box 15067, Matam, Haifa, ISR, 3190500

Website

https://www.zim.com

ZIM Integrated Shipping Services Ltd is an asset-light container liner shipping company. It offers tailored services, including land transportation and logistical services, specialized shipping solutions, including the transportation of out-of-gauge cargo, refrigerated cargo, and dangerous and hazardous cargo. Its services include Cargo Services, Digital Services, Schedules, and Shipping Trades and Lines. Geographically, it derives a majority of revenue from the Pacific.

ZIM Integrated Shipping Services (FRA:2SV) Headlines

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