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
FirstRand (JSE:FSR) Is Increasing Its Dividend To ZAR2.00
Mar 03
Here's Why FirstRand (JSE:FSR) Has Caught The Eye Of Investors
Jan 12FirstRand Limited's (JSE:FSR) CEO Will Probably Have Their Compensation Approved By Shareholders
Nov 24FirstRand (JSE:FSR) Ticks All The Boxes When It Comes To Earnings Growth
Sep 02With EPS Growth And More, FirstRand (JSE:FSR) Makes An Interesting Case
May 16Shareholders Will Most Likely Find FirstRand Limited's (JSE:FSR) CEO Compensation Acceptable
Nov 25Here's Why We Think FirstRand (JSE:FSR) Might Deserve Your Attention Today
Nov 03FirstRand (JSE:FSR) Is Paying Out A Larger Dividend Than Last Year
Oct 04FirstRand (JSE:FSR) Is Increasing Its Dividend To ZAR4.67
Sep 19Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: FSR's Assets to Equity ratio (11.1x) is moderate.
Allowance for Bad Loans: FSR has a low allowance for bad loans (86%).
Low Risk Liabilities: 93% of FSR's liabilities are made up of primarily low risk sources of funding.
Loan Level: FSR has an appropriate level of Loans to Assets ratio (65%).
Low Risk Deposits: FSR's Loans to Deposits ratio (76%) is appropriate.
Level of Bad Loans: FSR has a high level of bad loans (4%).