In 2018, the long term debt to equity ratio of Absa Group Limited was 269.3, up slightly from 262.91 in the previous year. This ratio shows how much debt a company is utilizing to fund their shareholders' equity. Absa Group Limited is based in South Africa, and is one of the biggest financial institutions on the continent.
Long term debt to equity of Absa Group Limited from 2016 to 2018
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Statista. (January 28, 2020). Long term debt to equity of Absa Group Limited from 2016 to 2018 [Graph]. In Statista. Retrieved July 07, 2022, from https://www.statista.com/statistics/1136693/long-term-debt-equity-absa-group-limited/
Statista. "Long term debt to equity of Absa Group Limited from 2016 to 2018 ." Chart. January 28, 2020. Statista. Accessed July 07, 2022. https://www.statista.com/statistics/1136693/long-term-debt-equity-absa-group-limited/
Statista. (2020). Long term debt to equity of Absa Group Limited from 2016 to 2018 . Statista. Statista Inc.. Accessed: July 07, 2022. https://www.statista.com/statistics/1136693/long-term-debt-equity-absa-group-limited/
Statista. "Long Term Debt to Equity of Absa Group Limited from 2016 to 2018 ." Statista, Statista Inc., 28 Jan 2020, https://www.statista.com/statistics/1136693/long-term-debt-equity-absa-group-limited/
Statista, Long term debt to equity of Absa Group Limited from 2016 to 2018 Statista, https://www.statista.com/statistics/1136693/long-term-debt-equity-absa-group-limited/ (last visited July 07, 2022)