Absa Group Ltd (ABG) — Working Capital to Net Assets Ratio
Absa Group Ltd (ABG) has a Working Capital to Net Assets ratio of -822.3% as of June 2025. Working capital of ZAC-1.54 Trillion (current assets of ZAC102.86 Billion minus current liabilities of ZAC1.65 Trillion) is measured against net assets of ZAC187.69 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See ABG financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Absa Group Ltd Working Capital to Net Assets (2012–2024)
This chart shows how Absa Group Ltd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of June 2025, the ratio stands at -822.3%, reflecting working capital of ZAC-1.54 Trillion against net assets of ZAC187.69 Billion ZAC. See Absa Group Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Absa Group Ltd (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Absa Group Ltd from 2012 to 2024, covering 13 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see ABG market cap.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -362.2% | ZAC-663.82 Billion | ZAC183.28 Billion | ZAC124.56 Billion | ZAC788.38 Billion | ▼ -16.8 pp |
| 2023 | -345.4% | ZAC-567.82 Billion | ZAC164.40 Billion | ZAC13.17 Billion | ZAC580.99 Billion | ▲ +94.0 pp |
| 2022 | -439.4% | ZAC-672.53 Billion | ZAC153.05 Billion | ZAC67.18 Billion | ZAC739.71 Billion | ▼ -483.4 pp |
| 2021 | 44.0% | ZAC64.76 Billion | ZAC147.31 Billion | ZAC80.55 Billion | ZAC15.79 Billion | ▲ +0.3 pp |
| 2020 | 43.7% | ZAC57.77 Billion | ZAC132.30 Billion | ZAC72.48 Billion | ZAC14.71 Billion | ▲ +4.7 pp |
| 2019 | 39.0% | ZAC50.16 Billion | ZAC128.68 Billion | ZAC65.14 Billion | ZAC14.99 Billion | ▼ -0.3 pp |
| 2018 | 39.2% | ZAC47.73 Billion | ZAC121.61 Billion | ZAC59.92 Billion | ZAC12.19 Billion | ▼ -2.1 pp |
| 2017 | 41.4% | ZAC49.27 Billion | ZAC119.06 Billion | ZAC62.60 Billion | ZAC13.33 Billion | ▼ -12.6 pp |
| 2016 | 53.9% | ZAC55.18 Billion | ZAC102.28 Billion | ZAC67.49 Billion | ZAC12.31 Billion | ▲ +1.5 pp |
| 2015 | 52.5% | ZAC51.78 Billion | ZAC98.65 Billion | ZAC62.02 Billion | ZAC10.24 Billion | ▼ -4.7 pp |
| 2014 | 57.1% | ZAC51.97 Billion | ZAC90.94 Billion | ZAC62.25 Billion | ZAC10.28 Billion | ▼ -3.9 pp |
| 2013 | 61.0% | ZAC51.99 Billion | ZAC85.20 Billion | ZAC61.07 Billion | ZAC9.07 Billion | ▲ +22.2 pp |
| 2012 | 38.9% | ZAC28.29 Billion | ZAC72.79 Billion | ZAC34.40 Billion | ZAC6.11 Billion | — |