What is the level of liabilities of FirstRand this year?
FirstRand has a debt balance of 2.16 T ZAR this year.
FirstRand Liabilities 2024
FirstRand Liabilities
2.16 T ZAR
Ticker
FSR.JO
ISIN
ZAE000066304
WKN
A0EACV
In 2024, FirstRand's total liabilities amounted to 2.16 T ZAR, a 18.28% difference from the 1.82 T ZAR total liabilities in the previous year.
FirstRand Aktienanalyse
What does FirstRand do?
FirstRand Ltd is a holding company that offers various financial services in South Africa and selected markets worldwide. It was founded in 1970 as the Rand Merchant Bank and later established as a holding company in 1998. FirstRand has grown to become one of the largest financial service providers in South Africa and the African continent. Its business model is based on three pillars: First National Bank (FNB), Rand Merchant Bank (RMB), and WesBank. FNB offers a wide range of financial products including credit and debit cards, accounts, loans, investments, and insurance. RMB provides investment and corporate banking services such as stocks, bonds, derivatives, mergers and acquisitions, and consulting for private and institutional clients. WesBank is a leading provider of vehicle financing in South Africa, offering services related to car purchases such as insurance and payment guarantees. In addition to these three pillars, FirstRand operates several specialized companies including FirstRand Securities, which offers stock trading and brokerage services, Ashburton Investments, a leading asset manager with a wide range of investment products and solutions, and FirstRand Namibia, a subsidiary providing banking and financial services in Namibia. FirstRand sets itself apart from other financial service providers through its focus on innovative technology and digital solutions. FNB is a pioneer in digital banking in South Africa, offering a wide range of online and mobile banking products. The FNB App, for example, allows customers to conduct their banking transactions through their smartphones without having to visit a branch. This allows customers to manage their banking anytime and anywhere, saving time and effort. Beyond innovation in the banking sector, FirstRand is also committed to community and country development. The company actively participates in charitable projects and initiatives, investing in education, healthcare, and environmental conservation. For example, FNB has partnered with the nonprofit organization Mahala Africa to provide access to education and IT for children and youth in South Africa. Other initiatives supported by FirstRand include promoting small businesses, developing rural areas, supporting environmental and conservation projects, and fostering technology start-ups. Overall, FirstRand is a consumer-focused company that emphasizes innovation and technology to provide its customers with high-quality products and services. With a wide range of services, a strong focus on digitalization, and a solid ethical foundation, FirstRand is well positioned to continue growing and solidify its position as a leading financial service provider in South Africa and beyond. FirstRand ist eines der beliebtesten Unternehmen auf Eulerpool.com.Liabilities Details
Assessing FirstRand's Liabilities
FirstRand's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating FirstRand's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing FirstRand's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
FirstRand's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in FirstRand’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about FirstRand stock
What were the liabilities of FirstRand compared to the previous year?
The liabilities of FirstRand have increased by 18.28% increased compared to the previous year.
What are the consequences of high debt for investors of FirstRand?
High liabilities can pose a risk for investors of FirstRand, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in FirstRand?
Low liabilities mean that FirstRand has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of FirstRand affect the company?
An increase in liabilities of FirstRand can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of FirstRand affect the company?
A decrease in the liabilities of FirstRand can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of FirstRand?
Some factors that can influence the liabilities of FirstRand include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of FirstRand so important for investors?
The liabilities of FirstRand are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can FirstRand take to modify the liabilities?
To change its liabilities, FirstRand can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
How much dividend does FirstRand pay?
Over the past 12 months, FirstRand paid a dividend of 4 ZAR . This corresponds to a dividend yield of about 0.05 %. For the coming 12 months, FirstRand is expected to pay a dividend of 4.37 ZAR.
What is the dividend yield of FirstRand?
The current dividend yield of FirstRand is 0.05 %.
When does FirstRand pay dividends?
FirstRand pays a quarterly dividend. This is distributed in the months of April, November, April, April.
How secure is the dividend of FirstRand?
FirstRand paid dividends every year for the past 23 years.
What is the dividend of FirstRand?
For the upcoming 12 months, dividends amounting to 4.37 ZAR are expected. This corresponds to a dividend yield of 0.05 %.
In which sector is FirstRand located?
FirstRand is assigned to the 'Finance' sector.
Wann musste ich die Aktien von FirstRand kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of FirstRand from 4/2/2024 amounting to 2 ZAR, you needed to have the stock in your portfolio before the ex-date on 3/27/2024.
When did FirstRand pay the last dividend?
The last dividend was paid out on 4/2/2024.
What was the dividend of FirstRand in the year 2023?
In the year 2023, FirstRand distributed 3.84 ZAR as dividends.
In which currency does FirstRand pay out the dividend?
The dividends of FirstRand are distributed in ZAR.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von FirstRand
Our stock analysis for FirstRand Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of FirstRand Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
