First Mutual Properties (XZIM:FMP.ZW) Debt-to-Equity : 0.00 (As of Jun. 2023)

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What is First Mutual Properties Debt-to-Equity?

First Mutual Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ZWL0 Mil. First Mutual Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ZWL0 Mil. First Mutual Properties's Total Stockholders Equity for the quarter that ended in Jun. 2023 was ZWL813,058 Mil. First Mutual Properties's debt to equity for the quarter that ended in Jun. 2023 was 0.00.

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 First Mutual Properties's Debt-to-Equity or its related term are showing as below:

XZIM:FMP.ZW's Debt-to-Equity is not ranked ^*
in the Real Estate industry.
Industry Median: 0.75
* Ranked among companies with meaningful Debt-to-Equity only.

First Mutual Properties Debt-to-Equity Historical Data

The historical data trend for First Mutual Properties'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.

First Mutual Properties Debt-to-Equity Chart

First Mutual Properties Annual Data

Trend

Dec11

Dec12

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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First Mutual Properties Semi-Annual Data
	Jun09	Jun11	Dec11	Jun12	Dec12	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial										-	-	-	-	-

Competitive Comparison of First Mutual Properties's Debt-to-Equity

For the Real Estate Services subindustry, First Mutual Properties'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.

First Mutual Properties's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, First Mutual Properties's Debt-to-Equity distribution charts can be found below:

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

First Mutual Properties Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

First Mutual Properties's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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	+	0)	/	99268.41
	=	0.00

First Mutual Properties's Debt to Equity Ratio for the quarter that ended in Jun. 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	+	0)	/	813058.145
	=	0.00

First Mutual Properties (XZIM:FMP.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.

First Mutual Properties Debt-to-Equity Related Terms

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

First Mutual Properties (XZIM:FMP.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » First Mutual Properties Ltd (XZIM:FMP.ZW) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

100 Borrowdale Road, First Floor, First Mutual Park, Borrowdale, Harare, ZWE

Website

https://www.firstmutual.co.zw

First Mutual Properties Ltd is principally engaged in property investment, development, and management. The segments of the company include office, retail and industrial properties. The office segment acquires, develops and leases office in the central business district and office parks. Office comprise the high rise central business district buildings and office parks in Zimbabwe. The retail segment acquires, develops and leases shops, and the industrial segment comprises properties situated in designated industrial areas of Zimbabwe. The industrial segment comprises properties situated in designated industrial areas of Zimbabwe.

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