ABSA Bank Limited (ABSP) - 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. See net asset quality index of ABSA Bank Limited to measure how much of total assets are equity-financed.
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. Check ABSA Bank Limited cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
TFS Financial Corporation
NASDAQ:TFSL
|
0.031x |
|
LEG Immobilien SE
XETRA:LEG
|
0.017x |
|
Twist Bioscience Corp
NASDAQ:TWST
|
-0.039x |
|
Figure Technology Solutions, Inc. Class A Common Stock
NASDAQ:FIGR
|
-1.593x |
|
Tongcheng Travel Holdings Ltd
F:TEM
|
0.017x |
|
China Airlines Ltd
TW:2610
|
0.117x |
|
QuantumScape Corporation Class A Common Stock
NYSE:QS
|
-0.048x |
|
Societatea Nationala de Transport Gaze Naturale Transgaz SA
RO:TGN
|
0.016x |
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. For the full company profile with market capitalisation and key ratios, see ABSA Bank Limited stock valuation.
| 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