The review of Net Profit Margin witnessed a declining trend. The Net Profit Margin moved from 25.37% in 2020 to 28.06% in 2024.
In the current year, Stanbic IBTC Holdings was able to cover its interest liabilities 1.07 times in the current year – compared to 2020 when it was 1.83 times.
The Asset turnover stood at 0.12 times in 2024 from 0.06 in 2020, implying a low performance on Assets of the business concerning revenue.
Profitability
The revenue of Stanbic IBTC Holdings has fluctuated year on year. The revenue decreased by 42.73% between 2020 and 2021 and a -107.06 % increase was recorded between 2021 and 2022. There also occurred an increase of 78.19% between 2023 and 2024 (the current period).
Stanbic IBTC Holdings’ performance in profitability looks good, as the return on capital employed also recorded good performance during the period of analysis.
Liquidity
The company’s result in liquidity looks strong, as the current ratio increased from 0.82 to 0.93 in the last year. This implies that the company has enough assets to settle its current liabilities.
Capital Structure
Stanbic IBTC Holdings is both equity and debt financed.
The debt-to-equity (D/E) ratio has been decreasing year on year. The gearing position of the company appears to be high as it stood at 7.11% in the current year.
