Absa Group Ltd - Asset Resilience Ratio
Absa Group Ltd (ABG) has an Asset Resilience Ratio of -3.45% as of December 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read total liabilities of Absa Group Ltd for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2014–2023)
This chart shows how Absa Group Ltd's Asset Resilience Ratio has changed over time. See Absa Group Ltd (ABG) net assets for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Absa Group Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see ABG stock market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ZAC0.00 | 0% |
| Short-term Investments | ZAC-64.64 Billion | -3.45% |
| Total Liquid Assets | ZAC-64.64 Billion | -3.45% |
Asset Resilience Insights
- Limited Liquidity: Absa Group Ltd maintains only -3.45% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Absa Group Ltd Industry Peers by Asset Resilience Ratio
Compare Absa Group Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Hong Leong Bank Bhd
KLSE:5819 |
Banks - Regional | -6.27% |
|
First Merchants Corporation
NASDAQ:FRME |
Banks - Regional | 7.40% |
|
TF Bank AB
ST:TFBANK |
Banks - Regional | -0.15% |
|
Banco do Estado do Rio Grande do Sul S.A
SA:BRSR3 |
Banks - Regional | 0.00% |
|
Caisse Regionale de Credit Agricole Mutuel d’IlleetVilaine SC
PA:CIV |
Banks - Regional | -6.94% |
|
Blue Foundry Bancorp
NASDAQ:BLFY |
Banks - Regional | 12.71% |
|
Banco Alfa de Investimento S.A
SA:BRIV3 |
Banks - Regional | 0.53% |
|
Caisse Regionale de Credit Agricole Mutuel Loire HauteLoire
PA:CRLO |
Banks - Regional | 2021.38% |
Annual Asset Resilience Ratio for Absa Group Ltd (2014–2023)
The table below shows the annual Asset Resilience Ratio data for Absa Group Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | -23.93% | ZAC-448.64 Billion ≈ $-238.43 Million |
ZAC1.87 Trillion ≈ $996.40 Million |
-27.02pp |
| 2019-12-31 | 3.09% | ZAC43.22 Billion ≈ $22.97 Million |
ZAC1.40 Trillion ≈ $743.59 Million |
+0.81pp |
| 2018-12-31 | 2.28% | ZAC29.41 Billion ≈ $15.63 Million |
ZAC1.29 Trillion ≈ $684.90 Million |
+0.63pp |
| 2017-12-31 | 1.66% | ZAC19.32 Billion ≈ $10.27 Million |
ZAC1.17 Trillion ≈ $619.66 Million |
+0.19pp |
| 2016-12-31 | 1.46% | ZAC16.12 Billion ≈ $8.56 Million |
ZAC1.10 Trillion ≈ $585.14 Million |
-0.31pp |
| 2015-12-31 | 1.77% | ZAC20.31 Billion ≈ $10.79 Million |
ZAC1.14 Trillion ≈ $608.30 Million |
+1.19pp |
| 2014-12-31 | 0.59% | ZAC5.82 Billion ≈ $3.09 Million |
ZAC991.41 Billion ≈ $526.89 Million |
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About Absa Group Ltd
Absa Group Limited, together with its subsidiaries, provides retail and business banking, corporate and investment banking, insurance, financial, and wealth management products and services in South Africa and internationally. The company offers life and non-life insurance products; residential property-related finance solutions; mortgages; vehicle and asset finance products and services; cash, d… Read more