ABSA Bank Limited Cash Flow Conversion Efficiency
ABSA Bank Limited cash flow conversion efficiency. 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 ≈ $-13.80 Million USD) by net assets (ZAC91.33 Billion ≈ $48.53 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of ABSA Bank Limited (2013–2019)
Cash flow conversion efficiency of ABSA Bank Limited from 2013 to 2019. This chart illustrates how ABSA Bank Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. View ABSP stock price for real-time trading data and today's change.
ABSA Bank Limited Cash Flow Conversion Ratio Explained
ABSA Bank Limited cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see ABSP market cap overview for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hainan HNA Infrastructure Investment Group Co Ltd
SHG:600515
|
0.024x |
|
Hangzhou Binjiang Real Estate Group Co Ltd
SHE:002244
|
0.019x |
|
Bendigo and Adelaide Bank Ltd
AU:BEN
|
-0.099x |
|
Blue Owl Technology Finance Corp.
NYSE:OTF
|
0.030x |
|
AGL Energy Ltd
AU:AGL
|
0.115x |
|
Patterson-UTI Energy Inc
NASDAQ:PTEN
|
0.018x |
|
Tangshan Port Group Co Ltd
SHG:601000
|
0.028x |
|
Patanjali Foods Limited
NSE:PATANJALI
|
-0.048x |
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. Review ABSA Bank Limited free cash flow efficiency to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2019-12-31 | ZAC91.33 Billion ≈ $48.53 Million |
ZAC-58.24 Billion ≈ $-30.95 Million |
-0.638x | +18.51% |
| 2018-12-31 | ZAC83.69 Billion ≈ $44.47 Million |
ZAC-65.50 Billion ≈ $-34.81 Million |
-0.783x | -91.20% |
| 2017-12-31 | ZAC85.33 Billion ≈ $45.35 Million |
ZAC-34.93 Billion ≈ $-18.56 Million |
-0.409x | -5586.73% |
| 2016-12-31 | ZAC69.30 Billion ≈ $36.83 Million |
ZAC517.00 Million ≈ $274.76K |
0.007x | +101.11% |
| 2015-12-31 | ZAC60.50 Billion ≈ $32.15 Million |
ZAC-40.75 Billion ≈ $-21.66 Million |
-0.674x | -504.66% |
| 2014-12-31 | ZAC58.93 Billion ≈ $31.32 Million |
ZAC-6.56 Billion ≈ $-3.49 Million |
-0.111x | -136.79% |
| 2013-12-31 | ZAC57.26 Billion ≈ $30.43 Million |
ZAC17.34 Billion ≈ $9.21 Million |
0.303x | -- |
About 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