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Zimre Holdings (XZIM:ZIMR.ZW) Gross-Profit-to-Asset % : 102.25% (As of Dec. 2023)


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What is Zimre Holdings Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Zimre Holdings's annualized Gross Profit for the quarter that ended in Dec. 2023 was ZWL1,157,720 Mil. Zimre Holdings's average Total Assets over the quarter that ended in Dec. 2023 was ZWL1,132,293 Mil. Therefore, Zimre Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 102.25%.


Zimre Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Zimre Holdings's Gross-Profit-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.

Zimre Holdings Gross-Profit-to-Asset % Chart

Zimre Holdings Annual Data
Trend Dec08 Dec09 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 87.48 34.45 65.91 258.84 92.87

Zimre Holdings Semi-Annual Data
Dec09 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 68.86 23.39 506.74 8.58 102.25

Competitive Comparison of Zimre Holdings's Gross-Profit-to-Asset %

For the Insurance - Reinsurance subindustry, Zimre Holdings's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-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.


Zimre Holdings's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Zimre Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Zimre Holdings's Gross-Profit-to-Asset % falls into.



Zimre Holdings Gross-Profit-to-Asset % Calculation

Zimre Holdings's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=604751.79/( (122188.996+1180168.389)/ 2 )
=604751.79/651178.6925
=92.87 %

Zimre Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1157719.98/( (1084417.3+1180168.389)/ 2 )
=1157719.98/1132292.8445
=102.25 %

* 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 Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Zimre Holdings Gross-Profit-to-Asset % Related Terms

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Zimre Holdings (XZIM:ZIMR.ZW) Business Description

Traded in Other Exchanges
N/A
Address
Smatsatsa Office Park, 2nd Floor, D Block, P.O. Box 4839, Borrowdale, Stand Number 10667, Harare, ZWE
Zimre Holdings Ltd is a Zimbabwe-based investment holding company. The firm operates its business activities in five segments. The Reinsurance segment offers short-term reinsurance products and services to general insurance companies locally, regionally and internationally. The Life reassurance segment offers its services to life assurance companies and medical aid societies locally and regionally. The Property segment is engaged in leasing, developing, managing, selling and buying properties. General insurance offers short-term insurance products and services directly to policyholders locally. Life and Pension segment. The Reinsurance segment contributes to the majority of the company's revenue. Zimre has operations in Botswana, Malawi, Mozambique, South Africa, Zambia and Zimbabwe.

Zimre Holdings (XZIM:ZIMR.ZW) Headlines

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