Absa Group Ltd - Asset Resilience Ratio

Latest as of December 2023: -3.45%

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. See how liquid is Absa Group Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

ZAC-64.64 Billion

≈ $-34.35 Million USD Cash + Short-term Investments

Total Assets

ZAC1.87 Trillion

≈ $996.40 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2014–2023)

This chart shows how Absa Group Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Absa Group Ltd assets under control.

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. Explore ABG strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.

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
Santander Bank Polska S.A. WAR:SPL	Banks - Regional	4.41%
Banco Santander Chile NYSE:BSAC	Banks - Regional	7.94%
Bank of Baroda NSE:BANKBARODA	Banks - Regional	-12.63%
Turkiye Is Bankasi AS Class C IS:ISCTR	Banks - Regional	-38.78%
Ringkjoebing Landbobank A/S CO:RILBA	Banks - Regional	0.03%
ABSA Bank Limited JSE:ABSP	Banks - Regional	2.72%
Mechanics Bank NASDAQ:MCHB	Banks - Regional	18.39%
Laurentian Bank Of Canada TO:LB	Banks - Regional	0.55%

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	--

pp = percentage points

About Absa Group Ltd

JSE:ABG South Africa Banks - Regional

Market Cap

$9.70 Billion

ZAC18.25 Trillion ZAC

Market Cap Rank

#2292 Global

#15 in South Africa

Share Price

ZAC22011.00

Change (1 day)

-2.51%

52-Week Range

ZAC18014.00 - ZAC27203.00

All Time High

ZAC27203.00