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Econet Wireless Zimbabwe (XZIM:ECO.ZW) Debt-to-Asset : 0.05 (As of Feb. 2024)


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What is Econet Wireless Zimbabwe Debt-to-Asset?

Econet Wireless Zimbabwe's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was ZWG740 Mil. Econet Wireless Zimbabwe's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was ZWG1,258 Mil. Econet Wireless Zimbabwe's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Feb. 2024 was ZWG37,706 Mil. Econet Wireless Zimbabwe's debt to asset for the quarter that ended in Feb. 2024 was 0.05.


Econet Wireless Zimbabwe Debt-to-Asset Historical Data

The historical data trend for Econet Wireless Zimbabwe'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.

Econet Wireless Zimbabwe Debt-to-Asset Chart

Econet Wireless Zimbabwe Annual Data
Trend Feb09 Feb11 Feb12 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.09 0.09 0.09 0.14 0.05

Econet Wireless Zimbabwe Semi-Annual Data
Feb11 Aug11 Feb12 Aug12 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.11 0.14 0.15 0.05

Competitive Comparison of Econet Wireless Zimbabwe's Debt-to-Asset

For the Telecom Services subindustry, Econet Wireless Zimbabwe'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.


Econet Wireless Zimbabwe's Debt-to-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Econet Wireless Zimbabwe's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Econet Wireless Zimbabwe's Debt-to-Asset falls into.



Econet Wireless Zimbabwe Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Econet Wireless Zimbabwe's Debt-to-Asset for the fiscal year that ended in Feb. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(739.802 + 1257.75) / 37706.267
=0.05

Econet Wireless Zimbabwe's Debt-to-Asset for the quarter that ended in Feb. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(739.802 + 1257.75) / 37706.267
=0.05

* 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.


Econet Wireless Zimbabwe  (XZIM:ECO.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.


Econet Wireless Zimbabwe Debt-to-Asset Related Terms

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Econet Wireless Zimbabwe Business Description

Traded in Other Exchanges
N/A
Address
2 Old Mutare Road, Econet Park, Msasa, Harare, ZWE
Econet Wireless Zimbabwe Ltd is a holding company. Through its subsidiaries, the company is engaged in providing mobile telecommunications and related overlay services. It operates in the following segments: Mobile network operations (MNO) which provides cellular network services, and Investments and administration which is the investment vehicle. The Mobile network operations segment generates maximum revenue for the company. Geographically the company offers its services only in the Zimbabwe region.

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