Tongaat (TON) — Net Asset Quality Index
Tongaat (TON) has a Net Asset Quality Index of -4.1% as of September 2022. This metric measures the proportion of total assets financed by shareholders' equity — total assets of ZAC7.01 Billion minus total liabilities of ZAC7.30 Billion yields net assets of ZAC-288.00 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check TON asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Tongaat Net Asset Quality Index Over Time (2003–2022)
This chart shows how Tongaat's Net Asset Quality Index has evolved across 20 annual periods from 2003 to 2022. As of September 2022, the index stands at -4.1%, representing net assets of ZAC-288.00 Million against total assets of ZAC7.01 Billion ZAC. See working capital position of Tongaat to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Tongaat (2003–2022)
The table below presents the year-by-year Net Asset Quality Index for Tongaat from 2003 to 2022, covering 20 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 Tongaat (TON) total market value.
| Year | Quality Index | Net Assets (ZAC) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2022 | -4.1% | ZAC-576.00 Million | ZAC14.02 Billion | ZAC14.60 Billion | ▼ -3.7 pp |
| 2021 | -0.4% | ZAC-54.00 Million | ZAC13.28 Billion | ZAC13.33 Billion | ▲ +8.4 pp |
| 2020 | -8.8% | ZAC-1.59 Billion | ZAC18.15 Billion | ZAC19.74 Billion | ▲ +11.0 pp |
| 2019 | -19.8% | ZAC-2.97 Billion | ZAC15.03 Billion | ZAC18.00 Billion | ▼ -61.0 pp |
| 2018 | 41.2% | ZAC12.01 Billion | ZAC29.11 Billion | ZAC17.11 Billion | ▼ -4.3 pp |
| 2017 | 45.6% | ZAC12.74 Billion | ZAC27.95 Billion | ZAC15.22 Billion | ▼ -4.8 pp |
| 2016 | 50.4% | ZAC15.53 Billion | ZAC30.83 Billion | ZAC15.30 Billion | ▼ -1.5 pp |
| 2015 | 51.9% | ZAC13.78 Billion | ZAC26.54 Billion | ZAC12.77 Billion | ▲ +1.1 pp |
| 2014 | 50.8% | ZAC12.19 Billion | ZAC23.98 Billion | ZAC11.79 Billion | ▲ +5.1 pp |
| 2013 | 45.8% | ZAC9.75 Billion | ZAC21.30 Billion | ZAC11.55 Billion | ▲ +1.9 pp |
| 2012 | 43.8% | ZAC7.80 Billion | ZAC17.78 Billion | ZAC9.99 Billion | ▲ +4.9 pp |
| 2011 | 38.9% | ZAC5.64 Billion | ZAC14.49 Billion | ZAC8.85 Billion | ▼ -1.8 pp |
| 2010 | 40.7% | ZAC5.44 Billion | ZAC13.37 Billion | ZAC7.92 Billion | ▲ +5.8 pp |
| 2009 | 34.9% | ZAC3.33 Billion | ZAC9.56 Billion | ZAC6.22 Billion | ▼ -3.9 pp |
| 2008 | 38.8% | ZAC2.96 Billion | ZAC7.63 Billion | ZAC4.67 Billion | ▼ -16.8 pp |
| 2007 | 55.6% | ZAC5.03 Billion | ZAC9.06 Billion | ZAC4.02 Billion | ▼ -3.6 pp |
| 2006 | 59.1% | ZAC4.69 Billion | ZAC7.93 Billion | ZAC3.24 Billion | ▲ +5.8 pp |
| 2005 | 53.4% | ZAC4.36 Billion | ZAC8.16 Billion | ZAC3.81 Billion | ▲ +2.9 pp |
| 2004 | 50.4% | ZAC4.19 Billion | ZAC8.31 Billion | ZAC4.12 Billion | ▼ -3.7 pp |
| 2003 | 54.1% | ZAC4.55 Billion | ZAC8.41 Billion | ZAC3.86 Billion | — |