Absa Group Ltd (ABG) - Total Assets
Based on the latest financial reports, Absa Group Ltd (ABG) holds total assets worth ZAC2.16 Trillion ZAC (≈ $1.15 Billion USD) as of June 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check Absa Group Ltd (ABG) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Absa Group Ltd - Total Assets Trend (2003–2024)
This chart illustrates how Absa Group Ltd's total assets have evolved over time, based on quarterly financial data. Explore Absa Group Ltd long-term investment intensity to see how much of total assets are deployed in long-term investments.
Absa Group Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Absa Group Ltd's total assets of ZAC2.16 Trillion consist of 6.0% current assets and 94.0% non-current assets.
| Asset Category | Amount (ZAC) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ZAC0.00 | 6.0% |
| Accounts Receivable | ZAC15.12 Billion | 0.7% |
| Inventory | ZAC0.00 | 0.0% |
| Property, Plant & Equipment | ZAC0.00 | 0.0% |
| Intangible Assets | ZAC16.00 Billion | 0.8% |
| Goodwill | ZAC12.00 Million | 0.0% |
Asset Composition Trend (2003–2024)
This chart illustrates how Absa Group Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see ABG stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Absa Group Ltd's current assets represent 6.0% of total assets in 2024, a decrease from 8.7% in 2003.
- Cash Position: Cash and equivalents constituted 6.0% of total assets in 2024, down from 8.7% in 2003.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2003.
- Asset Diversification: The largest asset category is intangible assets at 0.8% of total assets.
Absa Group Ltd Competitors by Total Assets
Key competitors of Absa Group Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Standard Bank Group Ltd
JSE:SBK
|
South Africa | ZAC3.41 Trillion |
|
Grupo Financiero Inbursa S.A.B. de C.V
MX:GFINBURO
|
Mexico | MX$860.26 Billion |
|
BRD Groupe Societe Generale SA
RO:BRD
|
Romania | RON100.52 Billion |
|
Hua Xia Bank Co Ltd
SHG:600015
|
China | CN¥4.88 Trillion |
|
International Bancshares Corporation
NASDAQ:IBOC
|
USA | $16.83 Billion |
|
Judo Capital Holdings Ltd
AU:JDO
|
Australia | AU$16.06 Billion |
|
TF Bank AB
ST:TFBANK
|
Sweden | Skr29.94 Billion |
|
Bank Tabungan Negara Persero
JK:BBTN
|
Indonesia | Rp517.54 Trillion |
Absa Group Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.06 | 0.16 | 0.58 |
| Quick Ratio | 0.06 | 0.16 | 0.58 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | ZAC-1.54 Trillion | ZAC-51.80 Billion | ZAC-44.73 Billion |
Absa Group Ltd - Advanced Valuation Insights
This section examines the relationship between Absa Group Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.99 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 10.3% |
| Total Assets | ZAC2.07 Trillion |
| Market Capitalization | $11.00 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Absa Group Ltd's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Absa Group Ltd's assets grew by 10.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Absa Group Ltd (2003–2024)
The table below shows the annual total assets of Absa Group Ltd from 2003 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | ZAC2.07 Trillion ≈ $1.10 Billion |
+10.34% |
| 2023-12-31 | ZAC1.87 Trillion ≈ $996.40 Million |
+4.55% |
| 2022-12-31 | ZAC1.79 Trillion ≈ $952.99 Million |
+9.29% |
| 2021-12-31 | ZAC1.64 Trillion ≈ $872.02 Million |
+7.17% |
| 2020-12-31 | ZAC1.53 Trillion ≈ $813.71 Million |
+9.43% |
| 2019-12-31 | ZAC1.40 Trillion ≈ $743.59 Million |
+8.57% |
| 2018-12-31 | ZAC1.29 Trillion ≈ $684.90 Million |
+10.53% |
| 2017-12-31 | ZAC1.17 Trillion ≈ $619.66 Million |
+5.90% |
| 2016-12-31 | ZAC1.10 Trillion ≈ $585.14 Million |
-3.81% |
| 2015-12-31 | ZAC1.14 Trillion ≈ $608.30 Million |
+15.45% |
| 2014-12-31 | ZAC991.41 Billion ≈ $526.89 Million |
+3.32% |
| 2013-12-31 | ZAC959.60 Billion ≈ $509.98 Million |
+18.77% |
| 2012-12-31 | ZAC807.94 Billion ≈ $429.38 Million |
+2.70% |
| 2011-12-31 | ZAC786.72 Billion ≈ $418.10 Million |
+9.80% |
| 2010-12-31 | ZAC716.47 Billion ≈ $380.77 Million |
-0.18% |
| 2009-12-31 | ZAC717.74 Billion ≈ $381.44 Million |
-7.24% |
| 2008-12-31 | ZAC773.76 Billion ≈ $411.21 Million |
+20.73% |
| 2007-12-31 | ZAC640.91 Billion ≈ $340.61 Million |
+29.45% |
| 2006-12-31 | ZAC495.11 Billion ≈ $263.13 Million |
+41.99% |
| 2004-12-31 | ZAC348.69 Billion ≈ $185.31 Million |
+13.63% |
| 2003-12-31 | ZAC306.85 Billion ≈ $163.07 Million |
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About Absa Group Ltd
Absa Group Limited, together with its subsidiaries, provides retail and business banking, corporate and investment banking, insurance, financial, and wealth management products and services in South Africa and internationally. The company offers life and non-life insurance products; residential property-related finance solutions; mortgages; vehicle and asset finance products and services; cash, d… Read more