NMBZ Holding (XZIM:NMB.ZW) Debt-to-Equity : 0.51 (As of Dec. 2023)

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What is NMBZ Holding Debt-to-Equity?

NMBZ Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ZWL0 Mil. NMBZ Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ZWL270,477 Mil. NMBZ Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ZWL531,439 Mil. NMBZ Holding's debt to equity for the quarter that ended in Dec. 2023 was 0.51.

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 NMBZ Holding's Debt-to-Equity or its related term are showing as below:

XZIM:NMB.ZW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.28 Max: 0.71
Current: 0.51

During the past 9 years, the highest Debt-to-Equity Ratio of NMBZ Holding was 0.71. The lowest was 0.02. And the median was 0.28.

XZIM:NMB.ZW's Debt-to-Equity is ranked better than
60.09% of 1393 companies
in the Banks industry
Industry Median: 0.68 vs XZIM:NMB.ZW: 0.51

NMBZ Holding Debt-to-Equity Historical Data

The historical data trend for NMBZ Holding'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.

NMBZ Holding Debt-to-Equity Chart

NMBZ Holding Annual Data

Trend

Dec09

Dec11

Dec12

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.04

0.03

0.71

0.52

0.51

NMBZ Holding Semi-Annual Data
	Dec09	Jun11	Dec11	Jun12	Dec12	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial											0.71	0.04	0.52	0.49	0.51

Competitive Comparison of NMBZ Holding's Debt-to-Equity

For the Banks - Regional subindustry, NMBZ Holding'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.

NMBZ Holding's Debt-to-Equity Distribution in the Banks Industry

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

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

NMBZ Holding Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NMBZ Holding'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	+	270477.445)	/	531439.275
	=	0.51

NMBZ Holding'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	+	270477.445)	/	531439.275
	=	0.51

NMBZ Holding (XZIM:NMB.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.

NMBZ Holding Debt-to-Equity Related Terms

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

NMBZ Holding (XZIM:NMB.ZW) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

19207 Liberation Legacy Way, PO Box 2564, Borrowdale, Harare, ZWE

Website

https://www.nmbz.co.zw

NMBZ Holding Ltd is an investment holding company. Through its subsidiary, it operates in five segments: Retail Banking, Corporate Banking, Digital Banking, Treasury, International Banking, and others. Its Retail Banking segment includes individual customer's deposits and consumer overdrafts, credit card facilities, and funds transfer facilities. The Digital Banking segment handles the Bank's Digital Banking products, including Card and POS Services. Its Corporate Banking segment includes loans and other credit facilities and deposit and current accounts for corporate and institutional customers. The Treasury segment includes money market investment, securities trading, accepting and discounting of instruments, and foreign currency trading.

NMBZ Holding (XZIM:NMB.ZW) Headlines

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