Absa Group Balance Sheet Health

Financial Health criteria checks 4/6

Absa Group has total assets of ZAR1,953.4B and total equity of ZAR171.4B. Total deposits are ZAR1,311.9B, and total loans are ZAR1,306.1B.

Key information

11.4x

Asset to equity ratio

n/a

Net interest margin

Total deposits

R1.31t

Loan to deposit ratio

Appropriate

Bad loans

6.1%

Allowance for bad loans

Low

Current ratio

Low

Cash & equivalents

R224.77b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: ABG's Assets to Equity ratio (11.4x) is moderate.

Allowance for Bad Loans: ABG has a low allowance for bad loans (63%).

Low Risk Liabilities: 74% of ABG's liabilities are made up of primarily low risk sources of funding.

Loan Level: ABG has an appropriate level of Loans to Assets ratio (67%).

Low Risk Deposits: ABG's Loans to Deposits ratio (100%) is appropriate.

Level of Bad Loans: ABG has a high level of bad loans (6.1%).


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