Tsogo Sun (TSG) — Net Asset Quality Index
Tsogo Sun (TSG) has a Net Asset Quality Index of 36.3% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of ZAC15.29 Billion minus total liabilities of ZAC9.74 Billion yields net assets of ZAC5.56 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See Tsogo Sun (TSG) defensive interval to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Tsogo Sun Net Asset Quality Index Over Time (2004–2025)
This chart shows how Tsogo Sun's Net Asset Quality Index has evolved across 22 annual periods from 2004 to 2025. As of September 2025, the index stands at 36.3%, representing net assets of ZAC5.56 Billion against total assets of ZAC15.29 Billion ZAC. Explore cash flow conversion of Tsogo Sun to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Tsogo Sun (2004–2025)
The table below presents the year-by-year Net Asset Quality Index for Tsogo Sun from 2004 to 2025, covering 22 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 market value of Tsogo Sun.
| Year | Quality Index | Net Assets (ZAC) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 33.9% | ZAC5.17 Billion | ZAC15.25 Billion | ZAC10.08 Billion | ▲ +3.0 pp |
| 2024 | 30.9% | ZAC4.87 Billion | ZAC15.77 Billion | ZAC10.90 Billion | ▲ +2.1 pp |
| 2023 | 28.8% | ZAC4.61 Billion | ZAC15.99 Billion | ZAC11.38 Billion | ▲ +8.1 pp |
| 2022 | 20.7% | ZAC3.27 Billion | ZAC15.78 Billion | ZAC12.51 Billion | ▲ +10.6 pp |
| 2021 | 10.1% | ZAC1.58 Billion | ZAC15.68 Billion | ZAC14.09 Billion | ▼ -0.2 pp |
| 2020 | 10.3% | ZAC1.96 Billion | ZAC19.00 Billion | ZAC17.05 Billion | ▼ -28.3 pp |
| 2019 | 38.6% | ZAC13.54 Billion | ZAC35.08 Billion | ZAC21.53 Billion | ▼ -3.4 pp |
| 2018 | 42.0% | ZAC14.19 Billion | ZAC33.78 Billion | ZAC19.59 Billion | ▲ +0.7 pp |
| 2017 | 41.4% | ZAC13.46 Billion | ZAC32.53 Billion | ZAC19.08 Billion | ▲ +6.5 pp |
| 2016 | 34.9% | ZAC8.95 Billion | ZAC25.64 Billion | ZAC16.69 Billion | ▲ +3.7 pp |
| 2015 | 31.2% | ZAC7.69 Billion | ZAC24.63 Billion | ZAC16.95 Billion | ▼ -20.3 pp |
| 2014 | 51.5% | ZAC10.52 Billion | ZAC20.41 Billion | ZAC9.89 Billion | ▼ -0.8 pp |
| 2013 | 52.3% | ZAC9.12 Billion | ZAC17.43 Billion | ZAC8.31 Billion | ▲ +3.7 pp |
| 2012 | 48.6% | ZAC8.45 Billion | ZAC17.38 Billion | ZAC8.93 Billion | ▼ -0.1 pp |
| 2011 | 48.7% | ZAC7.94 Billion | ZAC16.29 Billion | ZAC8.36 Billion | ▲ +15.0 pp |
| 2010 | 33.7% | ZAC3.41 Billion | ZAC10.10 Billion | ZAC6.69 Billion | ▼ -21.8 pp |
| 2009 | 55.5% | ZAC2.45 Billion | ZAC4.42 Billion | ZAC1.97 Billion | ▼ -2.9 pp |
| 2008 | 58.4% | ZAC2.46 Billion | ZAC4.21 Billion | ZAC1.75 Billion | ▼ -4.3 pp |
| 2007 | 62.7% | ZAC1.39 Billion | ZAC2.21 Billion | ZAC825.24 Million | ▼ -18.9 pp |
| 2006 | 81.6% | ZAC1.14 Billion | ZAC1.40 Billion | ZAC257.01 Million | ▲ +7.1 pp |
| 2005 | 74.5% | ZAC975.58 Million | ZAC1.31 Billion | ZAC333.47 Million | ▲ +8.7 pp |
| 2004 | 65.9% | ZAC816.47 Million | ZAC1.24 Billion | ZAC423.13 Million | — |