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First Mutual Properties (XZIM:FMP.ZW) Equity-to-Asset : 0.93 (As of Jun. 2023)


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What is First Mutual Properties Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. First Mutual Properties's Total Stockholders Equity for the quarter that ended in Jun. 2023 was ZWL813,058 Mil. First Mutual Properties's Total Assets for the quarter that ended in Jun. 2023 was ZWL872,033 Mil. Therefore, First Mutual Properties's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.93.

The historical rank and industry rank for First Mutual Properties's Equity-to-Asset or its related term are showing as below:

XZIM:FMP.ZW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.79   Med: 0.88   Max: 0.93
Current: 0.93

During the past 7 years, the highest Equity to Asset Ratio of First Mutual Properties was 0.93. The lowest was 0.79. And the median was 0.88.

XZIM:FMP.ZW's Equity-to-Asset is not ranked
in the Real Estate industry.
Industry Median: 0.44 vs XZIM:FMP.ZW: 0.93

First Mutual Properties Equity-to-Asset Historical Data

The historical data trend for First Mutual Properties's Equity-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.

First Mutual Properties Equity-to-Asset Chart

First Mutual Properties Annual Data
Trend Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial 0.88 0.81 0.91 0.88 0.89

First Mutual Properties Semi-Annual Data
Jun09 Jun11 Dec11 Jun12 Dec12 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Equity-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 0.91 0.88 0.86 0.89 0.93

Competitive Comparison of First Mutual Properties's Equity-to-Asset

For the Real Estate Services subindustry, First Mutual Properties's Equity-to-Asset, along with its competitors' market caps and Equity-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.


First Mutual Properties's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, First Mutual Properties's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where First Mutual Properties's Equity-to-Asset falls into.



First Mutual Properties Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

First Mutual Properties's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=99268.41/112179.909
=0.88

First Mutual Properties's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=813058.145/872032.619
=0.93

* 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.


First Mutual Properties  (XZIM:FMP.ZW) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


First Mutual Properties Equity-to-Asset Related Terms

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


First Mutual Properties (XZIM:FMP.ZW) Business Description

Traded in Other Exchanges
N/A
Address
100 Borrowdale Road, First Floor, First Mutual Park, Borrowdale, Harare, ZWE
First Mutual Properties Ltd is principally engaged in property investment, development, and management. The segments of the company include office, retail and industrial properties. The office segment acquires, develops and leases office in the central business district and office parks. Office comprise the high rise central business district buildings and office parks in Zimbabwe. The retail segment acquires, develops and leases shops, and the industrial segment comprises properties situated in designated industrial areas of Zimbabwe. The industrial segment comprises properties situated in designated industrial areas of Zimbabwe.

First Mutual Properties (XZIM:FMP.ZW) Headlines

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