FirstRand Balance Sheet Health

Financial Health criteria checks 4/6

FirstRand has total assets of ZAR2,369.3B and total equity of ZAR217.8B. Total deposits are ZAR1,764.3B, and total loans are ZAR1,543.7B earning a Net Interest Margin of 3%. It has insufficient allowance for bad loans, which are currently at 4.2% of total loans. Cash and short-term investments are ZAR238.1B.

Key information

10.9x

Asset to equity ratio

3.0%

Net interest margin

Total deposits

R1.76t

Loan to deposit ratio

Appropriate

Bad loans

4.2%

Allowance for bad loans

Low

Current ratio

Low

Cash & equivalents

R238.07b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: FSRA's Assets to Equity ratio (10.9x) is moderate.

Allowance for Bad Loans: FSRA has a low allowance for bad loans (80%).

Low Risk Liabilities: 82% of FSRA's liabilities are made up of primarily low risk sources of funding.

Loan Level: FSRA has an appropriate level of Loans to Assets ratio (65%).

Low Risk Deposits: FSRA's Loans to Deposits ratio (87%) is appropriate.

Level of Bad Loans: FSRA has a high level of bad loans (4.2%).


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