NMBZ Holding (LSE:NMB) Total Assets: $10.89 Mil (As of Jun. 2024)


What is NMBZ Holding Total Assets?

NMBZ Holding LSE:NMB 17 Total Assets is $10.89 Mil as of Jun. 2024. GuruFocus rates LSE:NMB with a GF Score™ of 17/100. The stock has 8 warning signs investors should review.

NMBZ Holding's Total Assets for the quarter that ended in Jun. 2024 was $10.89 Mil.

During the past 12 months, NMBZ Holding's average Total Assets Growth Rate was -99.70% per year. During the past 3 years, the average Total Assets Growth Rate was 330.10% per year. During the past 5 years, the average Total Assets Growth Rate was 264.10% per year.

During the past 9 years, NMBZ Holding's highest 3-Year average Total Assets Growth Rate was 330.10%. The lowest was -46.80%. And the median was 133.95%.

Total Assets is connected with ROA %. NMBZ Holding's annualized ROA % for the quarter that ended in Jun. 2024 was 0.02%. Total Assets is also linked to Revenue through Asset Turnover. NMBZ Holding's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

NMBZ Holding  (LSE:NMB) Total Assets Explanation

Total Assets is connected with ROA %.

NMBZ Holding's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=0.444/( (4665.366+10.893)/ 2 )
=0.444/2338.1295
=0.02 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

NMBZ Holding's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=2.137/( (4665.366+10.893)/ 2 )
=2.137/2338.1295
=0.00

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

NMBZ Holding Total Assets Related Terms

NMBZ Holding Total Assets Historical Data

* Premium members only.

The historical data trend for NMBZ Holding's Total 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.

NMBZ Holding Total Assets Chart

NMBZ Holding Annual Data
Trend Dec09 Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only 29.11 54.70 313.38 2,019.06 4,665.37

NMBZ Holding Semi-Annual Data
Dec09 Jun11 Dec11 Jun12 Dec12 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total 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 Premium Member Only 215.55 2,019.06 3,213.10 4,665.37 10.89

NMBZ Holding Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

NMBZ Holding's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=1650.435+3014.931
=4,665.37

NMBZ Holding's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=4.378+6.514
=10.89

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $10.89 Mil mean?
NMBZ Holding (LSE:NMB) has a Total Assets of $10.89 Mil as of Jun. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on NMBZ Holding and its competitors.
Is NMBZ Holding's Total Assets too high?
NMBZ Holding's current Total Assets is $10.89 Mil. Overall, NMBZ Holding has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does NMBZ Holding's Total Assets compare to PNC and USB?
NMBZ Holding's Total Assets of $10.89 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Banks company?
A good Total Assets depends on the Banks industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on NMBZ Holding and its competitors. NMBZ Holding's current Total Assets is $10.89 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NMBZ Holding stock overvalued right now?
NMBZ Holding (LSE:NMB) has a current Total Assets of $10.89 Mil. The current Total Assets is $10.89 Mil. NMBZ Holding's overall GF Score™ is 17/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For NMBZ Holding (LSE:NMB), the current Total Assets is $10.89 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

NMBZ Holding Business Description

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 six segments: Consumer Banking & Value Added Services, Business Banking, Treasury & International Banking, Microfinance, Real Estate, Xplug, and Digital Banking. The company generates the majority of its revenue from Consumer Banking & Value Added Services segment, which is engaged in individual customer deposits and consumer loans, overdrafts, credit card facilities, and funds transfer facilities.