ABSA Bank Limited Working Capital to Net Assets Ratio
ABSA Bank Limited working capital to net assets ratio. ABSA Bank Limited (ABSP) has a Working Capital to Net Assets ratio of -818.0% as of December 2019. Working capital of ZAC-747.07 Billion (current assets of ZAC198.35 Billion minus current liabilities of ZAC945.43 Billion) is measured against net assets of ZAC91.33 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check ABSP goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of ABSA Bank Limited (2013–2019)
Working capital to net assets ratio of ABSA Bank Limited from 2013 to 2019. This chart shows how ABSA Bank Limited's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2013 to 2019. As of December 2019, the ratio stands at -818.0%, reflecting working capital of ZAC-747.07 Billion against net assets of ZAC91.33 Billion ZAC. See operational self-sufficiency of ABSA Bank Limited to measure how many days the company can operate on defensive assets alone.
ABSA Bank Limited Working Capital to Net Assets Ratio by Year (2013–2019)
ABSA Bank Limited working capital to net assets ratio by year from 2013 to 2019. The table below presents the year-by-year Working Capital to Net Assets ratio for ABSA Bank Limited from 2013 to 2019, covering 7 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 the complete balance sheet picture, see balance sheet size of ABSA Bank Limited.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2019 | -788.7% | ZAC-720.29 Billion | ZAC91.33 Billion | ZAC225.13 Billion | ZAC945.43 Billion | ▲ +57.2 pp |
| 2018 | -845.9% | ZAC-707.90 Billion | ZAC83.69 Billion | ZAC165.11 Billion | ZAC873.02 Billion | ▼ -108.8 pp |
| 2017 | -737.1% | ZAC-628.99 Billion | ZAC85.33 Billion | ZAC167.65 Billion | ZAC796.64 Billion | ▲ +123.3 pp |
| 2016 | -860.4% | ZAC-596.25 Billion | ZAC69.30 Billion | ZAC155.53 Billion | ZAC751.78 Billion | ▲ +92.8 pp |
| 2015 | -953.2% | ZAC-576.67 Billion | ZAC60.50 Billion | ZAC203.63 Billion | ZAC780.30 Billion | ▼ -17.0 pp |
| 2014 | -936.3% | ZAC-551.70 Billion | ZAC58.93 Billion | ZAC132.30 Billion | ZAC684.01 Billion | ▼ -60.4 pp |
| 2013 | -875.9% | ZAC-501.51 Billion | ZAC57.26 Billion | ZAC107.00 Billion | ZAC608.51 Billion | — |