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Mashonaland Holdings (XZIM:MASH.ZW) Equity-to-Asset : 0.92 (As of Dec. 2023)


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What is Mashonaland Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mashonaland Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ZWL639,471 Mil. Mashonaland Holdings's Total Assets for the quarter that ended in Dec. 2023 was ZWL697,615 Mil. Therefore, Mashonaland Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.92.

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

XZIM:MASH.ZW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.9   Med: 0.92   Max: 0.94
Current: 0.92

During the past 6 years, the highest Equity to Asset Ratio of Mashonaland Holdings was 0.94. The lowest was 0.90. And the median was 0.92.

XZIM:MASH.ZW's Equity-to-Asset is ranked better than
94.57% of 1824 companies
in the Real Estate industry
Industry Median: 0.44 vs XZIM:MASH.ZW: 0.92

Mashonaland Holdings Equity-to-Asset Historical Data

The historical data trend for Mashonaland Holdings'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.

Mashonaland Holdings Equity-to-Asset Chart

Mashonaland Holdings Annual Data
Trend Sep12 Sep18 Sep19 Sep20 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.90 0.94 0.94 0.90 0.92

Mashonaland Holdings Semi-Annual Data
Mar11 Mar12 Sep12 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.94 0.88 0.90 0.92 0.92

Competitive Comparison of Mashonaland Holdings's Equity-to-Asset

For the Real Estate - Development subindustry, Mashonaland Holdings'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.


Mashonaland Holdings's Equity-to-Asset Distribution in the Real Estate Industry

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

* The bar in red indicates where Mashonaland Holdings's Equity-to-Asset falls into.



Mashonaland Holdings 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.

Mashonaland Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=639471.149/697614.501
=0.92

Mashonaland Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=639471.149/697614.501
=0.92

* 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.


Mashonaland Holdings  (XZIM:MASH.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%.


Mashonaland Holdings Equity-to-Asset Related Terms

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


Mashonaland Holdings (XZIM:MASH.ZW) Business Description

Traded in Other Exchanges
N/A
Address
77 Jason Moyo Avenue, P O Box 717, 12th Floor, ZB Life Towers, Harare, ZWE
Mashonaland Holdings Ltd operates in the property investment and development business. Its property portfolio is distributed across the office, retail, industrial, residential, and health sector. It has four reportable segments which consist of the Office Segment; Industrial Segment; Pure Retail; and others. It generates the majority of its revenue from the Office Segment. The business activities of the group are carried out throughout the region of Zimbabwe.

Mashonaland Holdings (XZIM:MASH.ZW) Headlines

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