ABSA Bank Limited (ABSP) — 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. See ABSA Bank Limited (ABSP) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
ABSA Bank Limited Working Capital to Net Assets (2013–2019)
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. Check tangible equity quality of ABSA Bank Limited to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for ABSA Bank Limited (2013–2019)
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 live market cap and the full company profile, see ABSA Bank Limited (ABSP) total market value.
| 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 | — |