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 Absa Group Ltd balance sheet independence to measure how much of total assets are equity-financed.
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. Check tangible equity quality of Absa Group Ltd to evaluate the tangible quality of the company's equity base.
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 | — |