Tiger Brands Ltd (TBS) — Net Asset Quality Index
Tiger Brands Ltd (TBS) has a Net Asset Quality Index of 64.0% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of ZAC26.95 Billion minus total liabilities of ZAC9.72 Billion yields net assets of ZAC17.24 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check asset resilience ratio of Tiger Brands Ltd to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Tiger Brands Ltd Net Asset Quality Index Over Time (2001–2025)
This chart shows how Tiger Brands Ltd's Net Asset Quality Index has evolved across 25 annual periods from 2001 to 2025. As of September 2025, the index stands at 64.0%, representing net assets of ZAC17.24 Billion against total assets of ZAC26.95 Billion ZAC. See Tiger Brands Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Tiger Brands Ltd (2001–2025)
The table below presents the year-by-year Net Asset Quality Index for Tiger Brands Ltd from 2001 to 2025, covering 25 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see TBS market cap.
| Year | Quality Index | Net Assets (ZAC) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 64.0% | ZAC17.24 Billion | ZAC26.95 Billion | ZAC9.72 Billion | ▼ -4.8 pp |
| 2024 | 68.8% | ZAC18.20 Billion | ZAC26.46 Billion | ZAC8.26 Billion | ▲ +1.8 pp |
| 2023 | 67.0% | ZAC17.30 Billion | ZAC25.84 Billion | ZAC8.53 Billion | ▲ +1.6 pp |
| 2022 | 65.3% | ZAC15.69 Billion | ZAC24.02 Billion | ZAC8.33 Billion | ▼ -3.4 pp |
| 2021 | 68.8% | ZAC15.70 Billion | ZAC22.83 Billion | ZAC7.13 Billion | ▼ -1.9 pp |
| 2020 | 70.7% | ZAC15.79 Billion | ZAC22.33 Billion | ZAC6.55 Billion | ▲ +1.2 pp |
| 2019 | 69.5% | ZAC15.41 Billion | ZAC22.18 Billion | ZAC6.77 Billion | ▼ -3.5 pp |
| 2018 | 73.0% | ZAC17.47 Billion | ZAC23.93 Billion | ZAC6.46 Billion | ▲ +1.8 pp |
| 2017 | 71.1% | ZAC17.06 Billion | ZAC23.98 Billion | ZAC6.92 Billion | ▲ +5.8 pp |
| 2016 | 65.4% | ZAC16.03 Billion | ZAC24.53 Billion | ZAC8.49 Billion | ▲ +9.9 pp |
| 2015 | 55.4% | ZAC13.78 Billion | ZAC24.85 Billion | ZAC11.08 Billion | ▼ -0.7 pp |
| 2014 | 56.1% | ZAC13.95 Billion | ZAC24.85 Billion | ZAC10.90 Billion | ▲ +1.0 pp |
| 2013 | 55.1% | ZAC13.91 Billion | ZAC25.22 Billion | ZAC11.31 Billion | ▼ -10.4 pp |
| 2012 | 65.5% | ZAC11.70 Billion | ZAC17.85 Billion | ZAC6.16 Billion | ▲ +2.2 pp |
| 2011 | 63.3% | ZAC10.25 Billion | ZAC16.20 Billion | ZAC5.95 Billion | ▼ -3.0 pp |
| 2010 | 66.2% | ZAC8.60 Billion | ZAC12.98 Billion | ZAC4.38 Billion | ▲ +3.9 pp |
| 2009 | 62.3% | ZAC7.28 Billion | ZAC11.69 Billion | ZAC4.40 Billion | ▲ +13.3 pp |
| 2008 | 49.1% | ZAC6.22 Billion | ZAC12.68 Billion | ZAC6.46 Billion | ▼ -0.8 pp |
| 2007 | 49.9% | ZAC6.00 Billion | ZAC12.02 Billion | ZAC6.02 Billion | ▲ +4.6 pp |
| 2006 | 45.3% | ZAC4.65 Billion | ZAC10.28 Billion | ZAC5.62 Billion | ▲ +8.5 pp |
| 2005 | 36.8% | ZAC3.37 Billion | ZAC9.17 Billion | ZAC5.80 Billion | ▲ +2.6 pp |
| 2004 | 34.1% | ZAC4.18 Billion | ZAC12.26 Billion | ZAC8.07 Billion | ▲ +3.2 pp |
| 2003 | 31.0% | ZAC3.47 Billion | ZAC11.20 Billion | ZAC7.73 Billion | ▲ +3.9 pp |
| 2002 | 27.1% | ZAC2.85 Billion | ZAC10.52 Billion | ZAC7.67 Billion | ▲ +8.7 pp |
| 2001 | 18.4% | ZAC1.81 Billion | ZAC9.81 Billion | ZAC8.01 Billion | — |