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NMBZ Holding (LSE:NMB) Liabilities-to-Assets : 0.65 (As of Dec. 2023)


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What is NMBZ Holding Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. NMBZ Holding's Total Liabilities for the quarter that ended in Dec. 2023 was $3,014.93 Mil. NMBZ Holding's Total Assets for the quarter that ended in Dec. 2023 was $4,665.37 Mil. Therefore, NMBZ Holding's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.65.


NMBZ Holding Liabilities-to-Assets Historical Data

The historical data trend for NMBZ Holding's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

NMBZ Holding Annual Data
Trend Dec09 Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.68 0.63 0.70 0.69 0.65

NMBZ Holding Semi-Annual Data
Dec09 Jun11 Dec11 Jun12 Dec12 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Liabilities-to-Assets 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 0.70 0.70 0.69 0.62 0.65

Competitive Comparison of NMBZ Holding's Liabilities-to-Assets

For the Banks - Regional subindustry, NMBZ Holding's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Banks Industry

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

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



NMBZ Holding Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

NMBZ Holding's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=3014.932/4665.367
=0.65

NMBZ Holding's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=3014.932/4665.367
=0.65

* 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.


NMBZ Holding  (LSE:NMB) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


NMBZ Holding Liabilities-to-Assets Related Terms

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NMBZ Holding (LSE:NMB) Business Description

Traded in Other Exchanges
Address
19207 Liberation Legacy Way, PO Box 2564, Borrowdale, Harare, ZWE
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 (LSE:NMB) Headlines

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