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First Mutual Holdings (XZIM:FMHL.ZW) Debt-to-Asset : 0.03 (As of Jun. 2024)


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What is First Mutual Holdings Debt-to-Asset?

First Mutual Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ZWG2.6 Mil. First Mutual Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ZWG194.8 Mil. First Mutual Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was ZWG6,096.4 Mil. First Mutual Holdings's debt to asset for the quarter that ended in Jun. 2024 was 0.03.


First Mutual Holdings Debt-to-Asset Historical Data

The historical data trend for First Mutual Holdings'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.

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First Mutual Holdings Debt-to-Asset Chart

First Mutual Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-Asset
Get a 7-Day Free Trial 0.02 0.03 0.02 - -

First Mutual Holdings Semi-Annual Data
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 - - - - 0.03

Competitive Comparison of First Mutual Holdings's Debt-to-Asset

For the Insurance - Diversified subindustry, First Mutual Holdings'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.


First Mutual Holdings's Debt-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, First Mutual Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where First Mutual Holdings's Debt-to-Asset falls into.


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First Mutual Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

First Mutual Holdings's Debt-to-Asset for the fiscal year that ended in Dec. 2018 is calculated as

First Mutual Holdings'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
=(2.627 + 194.837) / 6096.363
=0.03

* 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.


First Mutual Holdings  (XZIM:FMHL.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.


First Mutual Holdings Debt-to-Asset Related Terms

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


First Mutual Holdings Business Description

Traded in Other Exchanges
N/A
Address
100 Borrowdale Road, First Mutual Park, Second Floor, Borrowdale, Harare, ZWE
First Mutual Holdings Ltd is a Zimbabwe-based investment and financial service company. Its segments are life and health insurance, general insurance, reinsurance, property insurance, and others. Maximum revenue for the company is generated from its life and health insurance segment.

First Mutual Holdings Headlines

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