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
FirstRand's (JSE:FSR) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 20
Is Now The Time To Put FirstRand (JSE:FSR) On Your Watchlist?
Sep 06Here's Why We Think FirstRand (JSE:FSR) Might Deserve Your Attention Today
May 21FirstRand (JSE:FSR) Is Increasing Its Dividend To ZAR2.00
Mar 03Here'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 (10.9x) is moderate.
Allowance for Bad Loans: FSR has a low allowance for bad loans (80%).
Low Risk Liabilities: 82% 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 (87%) is appropriate.
Level of Bad Loans: FSR has a high level of bad loans (4.2%).