Tongaat (TON) - Net Assets
Based on the latest financial reports, Tongaat (TON) has net assets worth ZAC-288.00 Million ZAC (≈ $-153.06K USD) as of September 2022. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC7.01 Billion ≈ $3.73 Million USD) and total liabilities (ZAC7.30 Billion ≈ $3.88 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Tongaat liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ZAC-288.00 Million |
| % of Total Assets | -4.11% |
| Annual Growth Rate | N/A |
| 5-Year Change | -104.8% |
| 10-Year Change | -105.91% |
| Growth Volatility | 39.54 |
Tongaat - Net Assets Trend (2003–2022)
This chart illustrates how Tongaat's net assets have evolved over time, based on quarterly financial data. Also explore TON current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Tongaat (2003–2022)
The table below shows the annual net assets of Tongaat from 2003 to 2022. For live valuation and market cap data, see Tongaat market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2022-03-31 | ZAC-576.00 Million ≈ $-306.11K |
-966.67% |
| 2021-03-31 | ZAC-54.00 Million ≈ $-28.70K |
+96.61% |
| 2020-03-31 | ZAC-1.59 Billion ≈ $-847.66K |
+46.33% |
| 2019-03-31 | ZAC-2.97 Billion ≈ $-1.58 Million |
-124.75% |
| 2018-03-31 | ZAC12.01 Billion ≈ $6.38 Million |
-5.72% |
| 2017-03-31 | ZAC12.74 Billion ≈ $6.77 Million |
-17.98% |
| 2016-03-31 | ZAC15.53 Billion ≈ $8.25 Million |
+12.73% |
| 2015-03-31 | ZAC13.78 Billion ≈ $7.32 Million |
+13.01% |
| 2014-03-31 | ZAC12.19 Billion ≈ $6.48 Million |
+25.00% |
| 2013-03-31 | ZAC9.75 Billion ≈ $5.18 Million |
+25.09% |
| 2012-03-31 | ZAC7.80 Billion ≈ $4.14 Million |
+38.23% |
| 2011-03-31 | ZAC5.64 Billion ≈ $3.00 Million |
+3.62% |
| 2010-03-31 | ZAC5.44 Billion ≈ $2.89 Million |
+63.21% |
| 2009-03-31 | ZAC3.33 Billion ≈ $1.77 Million |
+12.75% |
| 2008-03-31 | ZAC2.96 Billion ≈ $1.57 Million |
-41.23% |
| 2007-03-31 | ZAC5.03 Billion ≈ $2.67 Million |
+7.36% |
| 2006-03-31 | ZAC4.69 Billion ≈ $2.49 Million |
+7.60% |
| 2005-03-31 | ZAC4.36 Billion ≈ $2.32 Million |
+3.91% |
| 2004-03-31 | ZAC4.19 Billion ≈ $2.23 Million |
-7.87% |
| 2003-03-31 | ZAC4.55 Billion ≈ $2.42 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Tongaat's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 159.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ZAC1.68 Billion | % |
| Other Comprehensive Income | ZAC-1.36 Billion | % |
| Total Equity | ZAC-1.83 Billion | 100.00% |
Tongaat Competitors by Market Cap
The table below lists competitors of Tongaat ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Stayble Therapeutics AB
ST:STABL
|
$290.90K |
|
Petro Matad Ltd
LSE:MATD
|
$290.93K |
|
Provexis plc
LSE:PXS
|
$291.14K |
|
TTA Holdings Ltd
AU:TTA
|
$291.71K |
|
Sino-German United AG
F:SGU
|
$288.00K |
|
Altair Resources Inc
V:AVX
|
$286.33K |
|
Annum Bhd
KLSE:5082
|
$285.59K |
|
Cirata plc
LSE:CRTA
|
$284.42K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tongaat's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -1,101,000,000 to -1,827,000,000, a change of -726,000,000.
- Net loss of 1,065,000,000 reduced equity.
- Other comprehensive income increased equity by 80,000,000.
- Other factors increased equity by 259,000,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC-1.06 Billion | -58.29% |
| Other Comprehensive Income | ZAC80.00 Million | +4.38% |
| Other Changes | ZAC259.00 Million | +14.18% |
| Total Change | ZAC- | % |
Book Value vs Market Value Analysis
This analysis compares Tongaat's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-03-31 | ZAC44.19 | ZAC4.04 | x |
| 2004-03-31 | ZAC41.12 | ZAC4.04 | x |
| 2005-03-31 | ZAC41.70 | ZAC4.04 | x |
| 2006-03-31 | ZAC43.70 | ZAC4.04 | x |
| 2007-03-31 | ZAC45.79 | ZAC4.04 | x |
| 2008-03-31 | ZAC23.40 | ZAC4.04 | x |
| 2009-03-31 | ZAC26.45 | ZAC4.04 | x |
| 2010-03-31 | ZAC43.17 | ZAC4.04 | x |
| 2011-03-31 | ZAC44.04 | ZAC4.04 | x |
| 2012-03-31 | ZAC61.70 | ZAC4.04 | x |
| 2013-03-31 | ZAC74.65 | ZAC4.04 | x |
| 2014-03-31 | ZAC93.49 | ZAC4.04 | x |
| 2015-03-31 | ZAC103.94 | ZAC4.04 | x |
| 2016-03-31 | ZAC115.83 | ZAC4.04 | x |
| 2017-03-31 | ZAC93.62 | ZAC4.04 | x |
| 2018-03-31 | ZAC88.16 | ZAC4.04 | x |
| 2019-03-31 | ZAC-31.82 | ZAC4.04 | x |
| 2020-03-31 | ZAC-20.35 | ZAC4.04 | x |
| 2021-03-31 | ZAC-8.16 | ZAC4.04 | x |
| 2022-03-31 | ZAC-13.55 | ZAC4.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tongaat utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.88%
- • Asset Turnover: 1.10x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (17.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 8.53% | 6.36% | 0.73x | 1.85x | ZAC-66.60 Million |
| 2004 | -0.98% | -0.63% | 0.79x | 1.99x | ZAC-459.70 Million |
| 2005 | 5.27% | 3.59% | 0.77x | 1.90x | ZAC-202.60 Million |
| 2006 | 10.23% | 6.81% | 0.87x | 1.72x | ZAC10.70 Million |
| 2007 | 14.59% | 9.21% | 0.87x | 1.83x | ZAC227.30 Million |
| 2008 | 137.62% | 54.06% | 0.84x | 3.04x | ZAC3.21 Billion |
| 2009 | 23.32% | 9.13% | 0.74x | 3.43x | ZAC370.70 Million |
| 2010 | 66.21% | 27.19% | 0.83x | 2.92x | ZAC2.57 Billion |
| 2011 | 18.15% | 9.00% | 0.67x | 3.02x | ZAC391.00 Million |
| 2012 | 15.22% | 8.45% | 0.68x | 2.65x | ZAC350.10 Million |
| 2013 | 12.77% | 7.44% | 0.67x | 2.54x | ZAC231.90 Million |
| 2014 | 10.94% | 7.35% | 0.66x | 2.27x | ZAC98.80 Million |
| 2015 | 8.32% | 6.12% | 0.61x | 2.23x | ZAC-199.90 Million |
| 2016 | 6.13% | 4.92% | 0.54x | 2.30x | ZAC-517.50 Million |
| 2017 | 9.12% | 5.49% | 0.64x | 2.59x | ZAC-95.10 Million |
| 2018 | 7.01% | 4.20% | 0.58x | 2.86x | ZAC-304.10 Million |
| 2019 | 0.00% | -8.14% | 0.87x | 0.00x | ZAC-705.70 Million |
| 2020 | 0.00% | 0.78% | 0.85x | 0.00x | ZAC394.70 Million |
| 2021 | 0.00% | -4.21% | 1.12x | 0.00x | ZAC-517.90 Million |
| 2022 | 0.00% | -6.88% | 1.10x | 0.00x | ZAC-882.30 Million |
Industry Comparison
This section compares Tongaat's net assets metrics with peer companies in the Confectioners industry.
No peer company data available for comparison.
About Tongaat
Tongaat Hulett Limited operates as an agri-processing company in South Africa, Mozambique, Zimbabwe, North America, South America, Europe, the Middle East, the Asia-Pacific, and rest of Africa. It produces and sells a range of refined sugarcane; sweeteners; and energy and supplementary feeds to the livestock farming community under the Voermol brand using bagasse and molasses. The company also pr… Read more