Nedbank Group Limited

Nedbank Group Limitedverified

NDBKY

Price:

$16.78

Market Cap:

$7.84B

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 September 2024 (TTM) for Nedbank Group Limited (NDBKY) is 0

According to Nedbank Group Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 3.09 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 6.23. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), NDBKY's Current Ratio was at its highest in in the September 2016 quarter at 32.57. The Current Ratio was at its lowest in in the September 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

6.23

Median

6.39

Minimum

4.46

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 = -23.88%

Minimum Annual Current Ratio = 4.46

Quarterly (TTM)
Annual
YearCurrent RatioChange
20236.6849.73%
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

5.67

5-year avg

5.86

10-year avg

6.23

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 (2.15), less than Sanlam Limited (1.10), less than Absa Group Limited (3.66), less than PT Bank Mandiri (Persero) Tbk (0.23), less than Kasikornbank Public Company Limited (0.28),

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Frequently asked questions❓

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