ABSA Bank Limited
Absa Bank Limited, together with its subsidiaries, provides various banking and financial products and services to personal, business, and corporate clients in South Africa, Nigeria, and Namibia. It offers accounts, credit cards, loans, investments, pensions, insurances, international banking, and other services to individuals. The company also provides start-ups, accounts, credit cards, payments… Read more
ABSA Bank Limited (ABSP) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2019: -0.284x
Based on the latest financial reports, ABSA Bank Limited (ABSP) has a cash flow conversion efficiency ratio of -0.284x as of December 2019.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (ZAC-25.98 Billion) by net assets (ZAC91.33 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
ABSA Bank Limited - Cash Flow Conversion Efficiency Trend (2013–2019)
This chart illustrates how ABSA Bank Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
ABSA Bank Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of ABSA Bank Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
EUWAX AG
MU:EUX
|
N/A |
|
Iveda Solutions Inc. Warrant
NASDAQ:IVDAW
|
-0.084x |
|
CHEESECAKE FACTORY - Dusseldorf Stock Exchang
DU:CF2
|
0.202x |
|
Crown Resources Corp
PINK:CRCE
|
-0.089x |
|
Mastrad
PA:ALMAS
|
0.033x |
|
BANCA GENERALI (B7A.SG)
STU:B7A
|
N/A |
|
Esso SAF
MU:EH8
|
N/A |
|
TECHNE CORP
BE:TE1
|
0.031x |
Annual Cash Flow Conversion Efficiency for ABSA Bank Limited (2013–2019)
The table below shows the annual cash flow conversion efficiency of ABSA Bank Limited from 2013 to 2019.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2019-12-31 | ZAC91.33 Billion | ZAC-58.24 Billion | -0.638x | +18.51% |
| 2018-12-31 | ZAC83.69 Billion | ZAC-65.50 Billion | -0.783x | -91.20% |
| 2017-12-31 | ZAC85.33 Billion | ZAC-34.93 Billion | -0.409x | -5586.73% |
| 2016-12-31 | ZAC69.30 Billion | ZAC517.00 Million | 0.007x | +101.11% |
| 2015-12-31 | ZAC60.50 Billion | ZAC-40.75 Billion | -0.674x | -504.66% |
| 2014-12-31 | ZAC58.93 Billion | ZAC-6.56 Billion | -0.111x | -136.79% |
| 2013-12-31 | ZAC57.26 Billion | ZAC17.34 Billion | 0.303x | -- |