FirstRand Balance Sheet Health
Financial Health criteria checks 4/6
FirstRand has total assets of ZAR2,335.5B and total equity of ZAR209.8B. Total deposits are ZAR1,978.3B, and total loans are ZAR1,509.5B earning a Net Interest Margin of 3.1%. It has insufficient allowance for bad loans, which are currently at 4% of total loans. Cash and short-term investments are ZAR266.6B.
Key information
11.1x
Asset to equity ratio
3.1%
Net interest margin
Total deposits | R1.98t |
Loan to deposit ratio | Appropriate |
Bad loans | 4.0% |
Allowance for bad loans | Low |
Current ratio | Low |
Cash & equivalents | R266.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: FAND.F's Assets to Equity ratio (11.1x) is moderate.
Allowance for Bad Loans: FAND.F has a low allowance for bad loans (86%).
Low Risk Liabilities: 93% of FAND.F's liabilities are made up of primarily low risk sources of funding.
Loan Level: FAND.F has an appropriate level of Loans to Assets ratio (65%).
Low Risk Deposits: FAND.F's Loans to Deposits ratio (76%) is appropriate.
Level of Bad Loans: FAND.F has a high level of bad loans (4%).