Absa Group Limited
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
Absa Group Limited - Asset Resilience Ratio
Absa Group Limited (AGRPF) 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2014–2023)
This chart shows how Absa Group Limited's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Absa Group Limited's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $-64.64 Billion | -3.45% |
| Total Liquid Assets | $-64.64 Billion | -3.45% |
Asset Resilience Insights
- Limited Liquidity: Absa Group Limited 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 Limited Industry Peers by Asset Resilience Ratio
Compare Absa Group Limited's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001 |
Banks - Regional | -6.06% |
|
Bank of Ningbo Co Ltd
SHE:002142 |
Banks - Regional | 6.40% |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958 |
Banks - Regional | -13.48% |
|
Bank of Suzhou
SHE:002966 |
Banks - Regional | -8.31% |
|
Jeju Bank
KO:006220 |
Banks - Regional | 2.45% |
|
Industrial Bank Of Korea
KO:024110 |
Banks - Regional | 4.07% |
|
Hana Financial
KO:086790 |
Banks - Regional | 3.29% |
|
PT Bank Sinarmas Tbk
F:08S |
Banks - Regional | 3.70% |
Annual Asset Resilience Ratio for Absa Group Limited (2014–2023)
The table below shows the annual Asset Resilience Ratio data for Absa Group Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | -3.45% | $-64.64 Billion | $1.87 Trillion | -5.10pp |
| 2017-12-31 | 1.66% | $19.32 Billion | $1.17 Trillion | +0.19pp |
| 2016-12-31 | 1.46% | $16.12 Billion | $1.10 Trillion | -0.31pp |
| 2015-12-31 | 1.77% | $20.31 Billion | $1.14 Trillion | +1.19pp |
| 2014-12-31 | 0.59% | $5.82 Billion | $991.41 Billion | -- |