FBC Holdings (XZIM:FBC.ZW) Debt-to-Equity : 1.18 (As of Dec. 2023)

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What is FBC Holdings Debt-to-Equity?

FBC Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ZWL0 Mil. FBC Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ZWL829,623 Mil. FBC Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ZWL705,089 Mil. FBC Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.18.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

XZIM:FBC.ZW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.77 Med: 1.24 Max: 2.22
Current: 1.18

During the past 8 years, the highest Debt-to-Equity Ratio of FBC Holdings was 2.22. The lowest was 0.77. And the median was 1.24.

XZIM:FBC.ZW's Debt-to-Equity is ranked worse than
69.95% of 1391 companies
in the Banks industry
Industry Median: 0.65 vs XZIM:FBC.ZW: 1.18

FBC Holdings Debt-to-Equity Historical Data

The historical data trend for FBC Holdings's Debt-to-Equity 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.

FBC Holdings Debt-to-Equity Chart

FBC Holdings Annual Data

Trend

Dec11

Dec12

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.22

2.03

0.81

1.31

1.18

FBC Holdings Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial											0.81	0.84	1.31	1.46	1.18

Competitive Comparison of FBC Holdings's Debt-to-Equity

For the Banks - Regional subindustry, FBC Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

FBC Holdings's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, FBC Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where FBC Holdings's Debt-to-Equity falls into.

FBC Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FBC Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	829622.844)	/	705088.771
	=	1.18

FBC Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	829622.844)	/	705088.771
	=	1.18

FBC Holdings (XZIM:FBC.ZW) Debt-to-Equity Explanation

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

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

FBC Holdings Debt-to-Equity Related Terms

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

FBC Holdings (XZIM:FBC.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » FBC Holdings Ltd (XZIM:FBC.ZW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

45 Nelson Mandela Avenue, 6th Floor, FBC Centre, P.O. Box 1227, Harare, ZWE

Website

https://www.fbc.co.zw

FBC Holdings Ltd is an investment holding company. The company through its subsidiaries operates its six segments namely Commercial banking, Microlending, Mortgage financing, Short-term reinsurance, Short-term insurance, and stockbroking. The commercial banking segment consists of dealing in the money and foreign exchange markets, retail, corporate and international banking, and corporate finance. The Mortgage financing segment consists of housing development, mortgage lending, savings deposit accounts, and other money market investment products. It earns maximum revenue from its commercial banking segment.

FBC Holdings (XZIM:FBC.ZW) Headlines

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