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Fidelity Life Assurance of Zimbabwe (XZIM:FIDL.ZW) Debt-to-Asset : 0.01 (As of Jun. 2024)


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What is Fidelity Life Assurance of Zimbabwe Debt-to-Asset?

Fidelity Life Assurance of Zimbabwe's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ZWG29.1 Mil. Fidelity Life Assurance of Zimbabwe's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ZWG0.6 Mil. Fidelity Life Assurance of Zimbabwe's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was ZWG2,106.8 Mil. Fidelity Life Assurance of Zimbabwe's debt to asset for the quarter that ended in Jun. 2024 was 0.01.


Fidelity Life Assurance of Zimbabwe Debt-to-Asset Historical Data

The historical data trend for Fidelity Life Assurance of 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.

Fidelity Life Assurance of Zimbabwe Debt-to-Asset Chart

Fidelity Life Assurance of Zimbabwe Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.19 0.28 0.27 0.20 0.18

Fidelity Life Assurance of Zimbabwe Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun23 Jun24
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 Premium Member Only Premium Member Only Premium Member Only 0.20 0.19 0.18 - 0.01

Competitive Comparison of Fidelity Life Assurance of Zimbabwe's Debt-to-Asset

For the Insurance - Life subindustry, Fidelity Life Assurance of 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.


Fidelity Life Assurance of Zimbabwe's Debt-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Fidelity Life Assurance of Zimbabwe's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Fidelity Life Assurance of Zimbabwe's Debt-to-Asset falls into.


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Fidelity Life Assurance of Zimbabwe Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Fidelity Life Assurance of Zimbabwe's Debt-to-Asset for the fiscal year that ended in Dec. 2018 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(146.458 + 436.879) / 3293.193
=0.18

Fidelity Life Assurance of Zimbabwe's Debt-to-Asset for the quarter that ended in Jun. 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
=(29.061 + 0.644) / 2106.848
=0.01

* 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.


Fidelity Life Assurance of Zimbabwe  (XZIM:FIDL.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.


Fidelity Life Assurance of Zimbabwe Debt-to-Asset Related Terms

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Fidelity Life Assurance of Zimbabwe Business Description

Traded in Other Exchanges
N/A
Address
66 Julius Nyerere Way, Fidelity House, Harare, ZWE
Fidelity Life Assurance of Zimbabwe Ltd is involved in the insurance business. The company's operating segment includes Insurance, Property Investment, Microlending, and Others. The Insurance segment of the company is involved in life assurance and pensions and the Microlending segment is involved in consumer loans, business loans, and loans to farmers. The company generates maximum revenue from the Insurance segment. Geographically, the company derives a majority of its revenue from Zimbabwe and also has a presence in Malawi.

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