Absa Group Ltd (ABG) — Defensive Interval Ratio
Absa Group Ltd (ABG) has a Defensive Interval Ratio of 4 days as of December 2024. Defensive assets of ZAC15.12 Billion (cash ZAC-, short-term investments ZAC-, receivables ZAC15.12 Billion) cover 4 days of daily cash needs of ZAC3.93 Billion/day. See ABG working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Absa Group Ltd Defensive Interval Ratio (2012–2024)
This chart shows how Absa Group Ltd's Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of December 2024, the ratio stands at 4 days, meaning defensive assets of ZAC15.12 Billion can fund 4 days of operations without new revenue. See Absa Group Ltd balance sheet independence to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Absa Group Ltd (2012–2024)
The table below presents the year-by-year Defensive Interval Ratio for Absa Group Ltd from 2012 to 2024, covering 13 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see ABG market cap overview.
| Year | DIR (days) | Defensive Assets (ZAC) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 7 days | ZAC15.12 Billion | ZAC2.16 Billion/day | ZAC- | ZAC- | ▲ +277 days |
| 2023 | -270 days | ZAC-429.29 Billion | ZAC1.59 Billion/day | ZAC- | ZAC-448.64 Billion | ▼ -277 days |
| 2022 | 7 days | ZAC15.18 Billion | ZAC2.03 Billion/day | ZAC- | ZAC- | ▼ -328 days |
| 2021 | 335 days | ZAC14.51 Billion | ZAC43.27 Million/day | ZAC- | ZAC- | ▲ +43 days |
| 2020 | 293 days | ZAC11.79 Billion | ZAC40.30 Million/day | ZAC- | ZAC- | ▼ -1067 days |
| 2019 | 1360 days | ZAC55.84 Billion | ZAC41.06 Million/day | ZAC- | ZAC43.22 Billion | ▲ +90 days |
| 2018 | 1269 days | ZAC42.41 Billion | ZAC33.41 Million/day | ZAC- | ZAC29.41 Billion | ▲ +359 days |
| 2017 | 911 days | ZAC33.25 Billion | ZAC36.51 Million/day | ZAC- | ZAC19.32 Billion | ▼ -85 days |
| 2016 | 996 days | ZAC33.60 Billion | ZAC33.74 Million/day | ZAC- | ZAC16.12 Billion | ▼ -302 days |
| 2015 | 1298 days | ZAC36.43 Billion | ZAC28.06 Million/day | ZAC- | ZAC20.31 Billion | ▲ +669 days |
| 2014 | 630 days | ZAC17.73 Billion | ZAC28.16 Million/day | ZAC- | ZAC5.82 Billion | ▲ +190 days |
| 2013 | 440 days | ZAC10.94 Billion | ZAC24.86 Million/day | ZAC- | ZAC- | ▼ -49 days |
| 2012 | 489 days | ZAC8.18 Billion | ZAC16.73 Million/day | ZAC- | ZAC- | — |