Bindura Nickel (XZIM:BIND.ZW) Debt-to-Asset : 0.12 (As of Mar. 2023)

View and export this data going back to 1971. Start your Free Trial

What is Bindura Nickel Debt-to-Asset?

Bindura Nickel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ZWL2,467 Mil. Bindura Nickel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was ZWL1,970 Mil. Bindura Nickel's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2023 was ZWL35,701 Mil. Bindura Nickel's debt to asset for the quarter that ended in Mar. 2023 was 0.12.

Bindura Nickel Debt-to-Asset Historical Data

The historical data trend for Bindura Nickel's Debt-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.

Bindura Nickel Debt-to-Asset Chart

Bindura Nickel Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Asset

Get a 7-Day Free Trial

0.09

0.01

0.04

0.12

Bindura Nickel Semi-Annual Data
	Sep13	Sep14	Sep15	Sep16	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Debt-to-Asset	Get a 7-Day Free Trial								-	0.02	0.04	0.08	0.12

Competitive Comparison of Bindura Nickel's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Bindura Nickel's Debt-to-Asset, along with its competitors' market caps and Debt-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.

Bindura Nickel's Debt-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Bindura Nickel's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Bindura Nickel's Debt-to-Asset falls into.

Bindura Nickel Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Bindura Nickel's Debt-to-Asset for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(2467.161	+	1969.994)	/	35701.388
	=	0.12

Bindura Nickel's Debt-to-Asset for the quarter that ended in Mar. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(2467.161	+	1969.994)	/	35701.388
	=	0.12

Bindura Nickel (XZIM:BIND.ZW) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Bindura Nickel Debt-to-Asset Related Terms

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

Bindura Nickel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bindura Nickel Corp Ltd (XZIM:BIND.ZW) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Trojan Mine Road, Trojan Nickel Mine, P.O Box 35, Bindura, ZWE

Website

https://www.binduranickel.co.zw

Bindura Nickel Corp Ltd is a mining company. It is engaged in the mining and extraction of nickel and its by-products (copper and cobalt). Its product is nickel in concentrate which contains nickel sulphide.

Bindura Nickel Headlines

No Headlines