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First Mutual Holdings (XZIM:FMHL.ZW) Debt-to-EBITDA : N/A (As of Jun. 2024)


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What is First Mutual Holdings Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

First Mutual Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ZWG0.10 Mil. First Mutual Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ZWG7.27 Mil. First Mutual Holdings's annualized EBITDA for the quarter that ended in Jun. 2024 was ZWG0.00 Mil.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for First Mutual Holdings's Debt-to-EBITDA or its related term are showing as below:

During the past 8 years, the highest Debt-to-EBITDA Ratio of First Mutual Holdings was 0.36. The lowest was -3.23. And the median was 0.01.

XZIM:FMHL.ZW's Debt-to-EBITDA is not ranked *
in the Insurance industry.
Industry Median: 1.08
* Ranked among companies with meaningful Debt-to-EBITDA only.

First Mutual Holdings Debt-to-EBITDA Historical Data

The historical data trend for First Mutual Holdings's Debt-to-EBITDA 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.

First Mutual Holdings Debt-to-EBITDA Chart

First Mutual Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-EBITDA
Get a 7-Day Free Trial 0.36 0.07 - 0.01 0.01

First Mutual Holdings Quarterly Data
Jun17 Dec17 Jun18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Jun23 Jun24
Debt-to-EBITDA 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 Premium Member Only 0.09 - -0.03 N/A N/A

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

For the Insurance - Diversified subindustry, First Mutual Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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-EBITDA Distribution in the Insurance Industry

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

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



First Mutual Holdings Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

First Mutual Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.654 + 12.939) / 2301.314
=0.01

First Mutual Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.098 + 7.269) / 0
=N/A

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2024) EBITDA data.


First Mutual Holdings  (XZIM:FMHL.ZW) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


First Mutual Holdings Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of First Mutual Holdings's Debt-to-EBITDA 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
First Mutual Park, 100 Borrowdale Road, Borrowdale, P.O. Box BW 178, Second Floor, Harare, ZWE
First Mutual Holdings Ltd is a Zimbabwe-based investment and financial service company. Its segments are life and pensions insurance, health insurance, short-term insurance, reinsurance, property and casualty insurance, property management and development, and wealth management.

First Mutual Holdings Headlines

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