Nedbank Group Limited

Nedbank Group Limitedverified

NDBKY

Price:

$15.29

Market Cap:

$132.12B

Nedbank Group Limited, together with its subsidiaries, provides various wholesale and retail banking services in South Africa and internationally. It offers personal banking solutions, including savings deposits and investment accounts; home and personal loans, student loans, vehicle finance products, private wealth finance solutions, overdrafts, short term loans, and credit cards; and investment plans and services, financial, and estate planning services, and wills and trust services, as well as professional banking, wealth management, non-resident and embassy banking, insurance, stock broking, and foreign exchange services. The company also provides business banking services, such as busin...[Read more]

Industry

Banks - Regional

IPO Date

2010-01-20

Stock Exchange

PNK

Ticker

NDBKY

The Current Ratio as of December 2024 (TTM) for Nedbank Group Limited (NDBKY) is 0.31

According to Nedbank Group Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.31. This represents a change of -81.96% compared to the average of 1.72 of the last 4 quarters.

Nedbank Group Limited (NDBKY) Historical Current Ratio (quarterly & annually)

How has NDBKY Current Ratio performed in the past?

The mean historical Current Ratio of Nedbank Group Limited over the last ten years is 5.58. The current 0.31 Current Ratio has changed 455.47% with respect to the historical average. Over the past ten years (40 quarters), NDBKY's Current Ratio was at its highest in in the June 2021 quarter at 230.91. The Current Ratio was at its lowest in in the June 2015 quarter at 0.

Quarterly (TTM)
Annual

Average

5.58

Median

6.08

Minimum

0.13

Maximum

8.16

Nedbank Group Limited (NDBKY) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nedbank Group Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Current Ratio = 8.16

Minimum Annual Increase = -97.12%

Minimum Annual Current Ratio = 0.13

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.13-97.12%
20224.46-23.88%
20215.86-12.18%
20206.6718.95%
20195.61-22.84%
20187.2750.40%
20174.83-23.29%
20166.30-22.81%
20158.1626.11%
20146.47Infinity%

Nedbank Group Limited (NDBKY) Average Current Ratio

How has NDBKY Current Ratio performed in the past?

The current Current Ratio of Nedbank Group Limited (NDBKY) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.48

5-year avg

4.55

10-year avg

5.58

Nedbank Group Limited (NDBKY) Current Ratio vs. Peers

How is NDBKY’s Current Ratio compared to its peers?

Nedbank Group Limited’s Current Ratio is less than Standard Bank Group Limited (0.44), less than Sanlam Limited (2.00), greater than Absa Group Limited (0.17), less than PT Bank Mandiri (Persero) Tbk (0.75), less than Kasikornbank Public Company Limited (36.20),

Build a custom stock screener for Nedbank Group Limited (NDBKY) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Nedbank Group Limited using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Nedbank Group Limited (NDBKY) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Nedbank Group Limited or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Nedbank Group Limited's Current Ratio?

How is the Current Ratio calculated for Nedbank Group Limited (NDBKY)?

What is the highest Current Ratio for Nedbank Group Limited (NDBKY)?

What is the 3-year average Current Ratio for Nedbank Group Limited (NDBKY)?

What is the 5-year average Current Ratio for Nedbank Group Limited (NDBKY)?

How does the current Current Ratio for Nedbank Group Limited (NDBKY) compare to its historical average?