Absa Group Balance Sheet Health

Financial Health criteria checks 4/6

Absa Group has total assets of ZAR1,793.2B and total equity of ZAR153.0B. Total deposits are ZAR1,153.7B, and total loans are ZAR1,168.9B.

Key information

11.7x

Asset to equity ratio

n/a

Net interest margin

Total deposits

R1.15t

Loan to deposit ratio

Appropriate

Bad loans

5.5%

Allowance for bad loans

Low

Current ratio

Low

Cash & equivalents

R270.20b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: ASN402's Assets to Equity ratio (11.7x) is moderate.

Allowance for Bad Loans: ASN402 has a low allowance for bad loans (67%).

Low Risk Liabilities: 70% of ASN402's liabilities are made up of primarily low risk sources of funding.

Loan Level: ASN402 has an appropriate level of Loans to Assets ratio (65%).

Low Risk Deposits: ASN402's Loans to Deposits ratio (101%) is appropriate.

Level of Bad Loans: ASN402 has a high level of bad loans (5.5%).


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