Masimba Holdings (XZIM:MSHL.ZW) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)

View and export this data going back to 1972. Start your Free Trial

What is Masimba Holdings LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Masimba Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Masimba Holdings's long-term debt to total assets ratio declined from Dec. 2018 (0.02) to Dec. 2023 (0.00). It may suggest that Masimba Holdings is progressively becoming less dependent on debt to grow their business.

Masimba Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Masimba Holdings's LT-Debt-to-Total-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.

Masimba Holdings LT-Debt-to-Total-Asset Chart

Masimba Holdings Annual Data

Trend

Jun09

Jun12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.04

0.02

Masimba Holdings Semi-Annual Data
	Jun09	Jun12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec22	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.01	0.04	0.02	-	-

Masimba Holdings LT-Debt-to-Total-Asset Calculation

Masimba Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	0	/	85.785
	=	0.00

Masimba Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	0	/	85.785
	=	0.00

Masimba Holdings (XZIM:MSHL.ZW) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Masimba Holdings LT-Debt-to-Total-Asset Related Terms

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

Masimba Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Masimba Holdings Ltd (XZIM:MSHL.ZW) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

44 Tilbury Road, P. O. Box CY490, Willowvale, Harare, ZWE

Website

https://www.masimbagroup.com

Masimba Holdings Ltd is a Zimbabwe-based contracting and industrial company. The principal activities of the company are civil engineering, building contracting, quarry mining and property development. The company is engaged in providing engineering and infrastructure client solutions to the agriculture, commercial, communications, housing, mining, water, and public sectors. The company operates in three main segments. Firstly, there's Contracting, which encompasses civil engineering works such as roads and earthworks, building construction, and fabrication and steel works. Secondly, there's Property Development and Leasing, focused on property development and leasing to both internal business units and third parties. Lastly, there's Quarry Mining segment.

Masimba Holdings Headlines

No Headlines