Firstrand Ltd Net Asset Quality Index
Firstrand Ltd net asset quality index. Firstrand Ltd (FSR) has a Net Asset Quality Index of 8.5% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of ZAC2.68 Trillion minus total liabilities of ZAC2.45 Trillion yields net assets of ZAC226.94 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See FSR book value for net asset value and shareholders' equity analysis.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Firstrand Ltd (2003–2025)
Net asset quality index of Firstrand Ltd from 2003 to 2025. This chart shows how Firstrand Ltd's Net Asset Quality Index has evolved across 23 annual periods from 2003 to 2025. As of December 2025, the index stands at 8.5%, representing net assets of ZAC226.94 Billion against total assets of ZAC2.68 Trillion ZAC. Check how strategically is Firstrand Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.
Firstrand Ltd Net Asset Quality Index by Year (2003–2025)
Firstrand Ltd net asset quality index by year from 2003 to 2025. The table below presents the year-by-year Net Asset Quality Index for Firstrand Ltd from 2003 to 2025, covering 23 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see FSR market cap.
| Year | Quality Index | Net Assets (ZAC) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 9.3% | ZAC240.97 Billion | ZAC2.59 Trillion | ZAC2.35 Trillion | ▲ +0.1 pp |
| 2024 | 9.2% | ZAC217.80 Billion | ZAC2.37 Trillion | ZAC2.15 Trillion | ▲ +0.7 pp |
| 2023 | 8.5% | ZAC194.92 Billion | ZAC2.29 Trillion | ZAC2.10 Trillion | ▼ -0.5 pp |
| 2022 | 9.0% | ZAC180.71 Billion | ZAC2.00 Trillion | ZAC1.82 Trillion | ▲ +0.1 pp |
| 2021 | 8.9% | ZAC167.89 Billion | ZAC1.89 Trillion | ZAC1.72 Trillion | ▲ +1.0 pp |
| 2020 | 7.9% | ZAC151.92 Billion | ZAC1.93 Trillion | ZAC1.77 Trillion | ▼ -0.8 pp |
| 2019 | 8.7% | ZAC144.59 Billion | ZAC1.67 Trillion | ZAC1.52 Trillion | ▲ +0.1 pp |
| 2018 | 8.5% | ZAC130.80 Billion | ZAC1.53 Trillion | ZAC1.40 Trillion | ▼ -1.1 pp |
| 2017 | 9.6% | ZAC117.18 Billion | ZAC1.22 Trillion | ZAC1.10 Trillion | ▲ +0.2 pp |
| 2016 | 9.4% | ZAC108.06 Billion | ZAC1.15 Trillion | ZAC1.04 Trillion | ▲ +0.1 pp |
| 2015 | 9.3% | ZAC98.60 Billion | ZAC1.06 Trillion | ZAC960.66 Billion | ▼ 0.0 pp |
| 2014 | 9.3% | ZAC88.22 Billion | ZAC945.53 Billion | ZAC857.32 Billion | ▲ +0.2 pp |
| 2013 | 9.2% | ZAC79.63 Billion | ZAC869.67 Billion | ZAC790.04 Billion | ▲ +0.1 pp |
| 2012 | 9.1% | ZAC69.81 Billion | ZAC769.76 Billion | ZAC699.96 Billion | ▼ -0.1 pp |
| 2011 | 9.2% | ZAC64.22 Billion | ZAC697.93 Billion | ZAC633.71 Billion | ▲ +2.2 pp |
| 2010 | 7.0% | ZAC58.96 Billion | ZAC845.24 Billion | ZAC786.28 Billion | ▲ +0.8 pp |
| 2009 | 6.2% | ZAC50.00 Billion | ZAC807.76 Billion | ZAC757.75 Billion | ▲ +0.2 pp |
| 2008 | 6.0% | ZAC48.69 Billion | ZAC817.68 Billion | ZAC768.99 Billion | ▼ -0.1 pp |
| 2007 | 6.1% | ZAC43.55 Billion | ZAC717.89 Billion | ZAC674.34 Billion | ▼ -0.3 pp |
| 2006 | 6.3% | ZAC36.53 Billion | ZAC576.81 Billion | ZAC540.28 Billion | ▼ -2.8 pp |
| 2005 | 9.1% | ZAC43.04 Billion | ZAC473.13 Billion | ZAC430.08 Billion | ▲ +2.7 pp |
| 2004 | 6.4% | ZAC20.55 Billion | ZAC323.45 Billion | ZAC302.90 Billion | ▲ +0.3 pp |
| 2003 | 6.1% | ZAC18.44 Billion | ZAC304.00 Billion | ZAC285.56 Billion | — |