ABSA Bank Limited

JSE:ABSP South Africa Banks - Regional
Market Cap
$22.82 Billion
ZAC42.95 Trillion ZAC
Market Cap Rank
#37622 Global
#139 in South Africa
Share Price
ZAC95800.00
Change (1 day)
+0.10%
52-Week Range
ZAC78480.00 - ZAC95949.00
All Time High
ZAC97456.40
About

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

ABSA Bank Limited (ABSP) - Total Assets

Latest total assets as of December 2019: ZAC1.16 Trillion ZAC

Based on the latest financial reports, ABSA Bank Limited (ABSP) holds total assets worth ZAC1.16 Trillion ZAC as of December 2019.

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.

ABSA Bank Limited - Total Assets Trend (2013–2019)

This chart illustrates how ABSA Bank Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

ABSA Bank Limited - Asset Composition Analysis

Current Asset Composition (December 2019)

ABSA Bank Limited's total assets of ZAC1.16 Trillion consist of 19.4% current assets and 80.6% non-current assets.

Asset Category Amount (ZAC) % of Total Assets
Cash & Equivalents ZAC0.00 0.9%
Accounts Receivable ZAC9.89 Billion 0.9%
Inventory ZAC150.00 Million 0.0%
Property, Plant & Equipment ZAC15.59 Billion 1.3%
Intangible Assets ZAC8.86 Billion 0.8%
Goodwill ZAC0.00 0.0%

Asset Composition Trend (2013–2019)

This chart illustrates how ABSA Bank Limited'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.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: ABSA Bank Limited's current assets represent 19.4% of total assets in 2019, an increase from 13.5% in 2013.
  • Cash Position: Cash and equivalents constituted 0.9% of total assets in 2019, down from 1.3% in 2013.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
  • Asset Diversification: The largest asset category is property, plant & equipment at 1.3% of total assets.

ABSA Bank Limited Competitors by Total Assets

Key competitors of ABSA Bank Limited based on total assets are shown below.

Company Country Total Assets
Ping An Bank Co Ltd
SHE:000001
China CN¥5.77 Trillion
Bank of Ningbo Co Ltd
SHE:002142
China CN¥3.58 Trillion
Bank of Zhengzhou Co Ltd Class A
SHE:002936
China CN¥743.55 Billion
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
China CN¥509.92 Billion
Bank of Suzhou
SHE:002966
China CN¥776.04 Billion
Jeju Bank
KO:006220
Korea ₩7.72 Trillion
Industrial Bank Of Korea
KO:024110
Korea ₩490.11 Trillion
Hana Financial
KO:086790
Korea ₩659.08 Trillion

ABSA Bank Limited - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.04 - 0.05

Lower asset utilization - ABSA Bank Limited generates 0.04x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 0.68% - 1.14%

Moderate ROA - For every $100 in assets, ABSA Bank Limited generates $ 0.68 in net profit.

ABSA Bank Limited - 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 0.19 0.18 0.19
Quick Ratio 0.19 0.18 0.19
Cash Ratio 0.00 0.00 0.00
Working Capital ZAC-937.38 Billion ZAC -920.01 Billion ZAC -707.90 Billion

ABSA Bank Limited - Advanced Valuation Insights

This section examines the relationship between ABSA Bank Limited'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 -
Latest Market Cap to Assets Ratio 0.00
Asset Growth Rate (YoY) 7.4%
Total Assets ZAC1.16 Trillion
Market Capitalization $473.44K USD

Valuation Analysis

Below Book Valuation: The market values ABSA Bank Limited's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: ABSA Bank Limited's assets grew by 7.4% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for ABSA Bank Limited (2013–2019)

The table below shows the annual total assets of ABSA Bank Limited from 2013 to 2019.

Year Total Assets Change
2019-12-31 ZAC1.16 Trillion +7.42%
2018-12-31 ZAC1.08 Trillion +9.24%
2017-12-31 ZAC988.36 Billion +7.63%
2016-12-31 ZAC918.31 Billion -1.90%
2015-12-31 ZAC936.14 Billion +15.00%
2014-12-31 ZAC814.06 Billion +2.70%
2013-12-31 ZAC792.63 Billion --