ZIM Integrated Shipping Services (ZIM Integrated Shipping Services) Equity-to-Asset : 0.29 (As of Dec. 2023)

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What is ZIM Integrated Shipping Services Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ZIM Integrated Shipping Services's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,455 Mil. ZIM Integrated Shipping Services's Total Assets for the quarter that ended in Dec. 2023 was $8,346 Mil. Therefore, ZIM Integrated Shipping Services's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.29.

The historical rank and industry rank for ZIM Integrated Shipping Services's Equity-to-Asset or its related term are showing as below:

ZIM' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.13 Med: 0.19 Max: 0.51
Current: 0.29

During the past 7 years, the highest Equity to Asset Ratio of ZIM Integrated Shipping Services was 0.51. The lowest was -0.13. And the median was 0.19.

ZIM's Equity-to-Asset is ranked worse than
75.49% of 979 companies
in the Transportation industry
Industry Median: 0.49 vs ZIM: 0.29

ZIM Integrated Shipping Services Equity-to-Asset Historical Data

The historical data trend for ZIM Integrated Shipping Services'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.

ZIM Integrated Shipping Services Equity-to-Asset Chart

ZIM Integrated Shipping Services Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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-0.13

0.10

0.47

0.51

0.29

ZIM Integrated Shipping Services Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.51	0.44	0.45	0.31	0.29

Competitive Comparison of ZIM Integrated Shipping Services's Equity-to-Asset

For the Marine Shipping subindustry, ZIM Integrated Shipping Services'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.

ZIM Integrated Shipping Services's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ZIM Integrated Shipping Services's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where ZIM Integrated Shipping Services's Equity-to-Asset falls into.

ZIM Integrated Shipping Services 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.

ZIM Integrated Shipping Services'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
	=	2454.7	/	8346
	=	0.29

ZIM Integrated Shipping Services'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
	=	2454.7	/	8346
	=	0.29

ZIM Integrated Shipping Services (NYSE:ZIM) 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%.

ZIM Integrated Shipping Services Equity-to-Asset Related Terms

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ZIM Integrated Shipping Services (ZIM Integrated Shipping Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ZIM Integrated Shipping Services Ltd (NYSE:ZIM) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

2SV:Germany

Address

9 Andrei Sakharov Street, P.O. Box 15067, Matam, Haifa, ISR, 3190500

Website

https://www.zim.com

ZIM Integrated Shipping Services Ltd is an asset-light container liner shipping company. It offers tailored services, including land transportation and logistical services, specialized shipping solutions, including the transportation of out-of-gauge cargo, refrigerated cargo, and dangerous and hazardous cargo. Its services include Cargo Services, Digital Services, Schedules, and Shipping Trades and Lines. Geographically, it derives a majority of revenue from the Pacific.