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RioZim (XZIM:RIOZ.ZW) Debt-to-Asset : 0.04 (As of Dec. 2024)


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What is RioZim Debt-to-Asset?

RioZim's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ZWG95.6 Mil. RioZim's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ZWG7.3 Mil. RioZim's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was ZWG2,841.4 Mil. RioZim's debt to asset for the quarter that ended in Dec. 2024 was 0.04.

RioZim Debt-to-Asset Historical Data

The historical data trend for RioZim'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.

* Premium members only.

RioZim Debt-to-Asset Chart

RioZim Annual Data
Trend Dec09 Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.13 0.11 0.07 0.04

RioZim Semi-Annual Data
Dec09 Dec11 Dec12 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Debt-to-Asset 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 0.11 0.09 0.07 0.04 0.04

Competitive Comparison of RioZim's Debt-to-Asset

For the Gold subindustry, RioZim'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.

RioZim's Debt-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, RioZim's Debt-to-Asset distribution charts can be found below:

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


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RioZim Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

RioZim's Debt-to-Asset for the fiscal year that ended in Dec. 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
=(95.575 + 7.256) / 2841.375
=0.04

RioZim's Debt-to-Asset for the quarter that ended in Dec. 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
=(95.575 + 7.256) / 2841.375
=0.04

* 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.

RioZim  (XZIM:RIOZ.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.

RioZim Debt-to-Asset Related Terms

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

RioZim Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » RioZim Ltd (XZIM:RIOZ.ZW) » Definitions » Debt-to-Asset
Comparable Companies
SHSE:601899 NEM TSX:AEM TSX:WPM TSX:ABX TSX:FNV AU MIC:PLZL JSE:GFI SHSE:600547 TSX:K ASX:NST TSX:LUG RGLD TSX:AGI TSX:PAAS ASX:EVN SHSE:600489 HKSE:01818 JSE:HAR
Traded in Other Exchanges
N/A
Address
No.1 Kenilworth Road, Highlands, Harare, ZWE
Website
https://www.riozim.co.zw
RioZim Ltd together with its subsidiaries engages in mining and metallurgical operations. The company's operating segments include Gold and Base Metals. The gold segment develops and mines gold that is ultimately sold as gold bullion. It generates maximum revenue from the Gold. Geographically, it derives a majority of its revenue from Zimbabwe. All the group's operations are located in Zimbabwe and situated in two geographic locations, Masvingo Province and Mashonaland West Province. The company is engaged in the operation of the Renco Goldmine in the south-east of Zimbabwe, the Dalny Mine based in Chakari, the Cam and Motor gold and the Empress Nickel Refinery mine in Kadoma.

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