SOUTH32 Ltd Tangible Net Worth Ratio
SOUTH32 Ltd tangible net worth ratio. SOUTH32 Ltd (S32) has a Tangible Net Worth Ratio of 97.8% as of December 2025. This metric is calculated by deducting intangible assets (AU$202.14 Million) from net assets (AU$9.26 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore SOUTH32 Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of SOUTH32 Ltd (2012–2025)
Tangible net worth ratio of SOUTH32 Ltd from 2012 to 2025. This chart shows how SOUTH32 Ltd's Tangible Net Worth Ratio has changed across 14 annual periods from 2012 to 2025. As of December 2025, the ratio stands at 97.8%, reflecting net assets of AU$9.26 Billion with intangible assets of AU$202.14 Million AUD. Check SOUTH32 Ltd strategic capital allocation to assess the company's strategic physical and investment asset allocation.
SOUTH32 Ltd Tangible Net Worth Ratio by Year (2012–2025)
SOUTH32 Ltd tangible net worth ratio by year from 2012 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for SOUTH32 Ltd from 2012 to 2025, covering 14 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see S32 stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.4% | AU$8.86 Billion | AU$57.00 Million | AU$13.73 Billion | ▲ +0.3 pp |
| 2024 | 99.1% | AU$8.97 Billion | AU$82.00 Million | AU$14.24 Billion | ▲ +0.2 pp |
| 2023 | 98.9% | AU$9.38 Billion | AU$103.00 Million | AU$14.56 Billion | ▼ -0.7 pp |
| 2022 | 99.6% | AU$10.78 Billion | AU$47.00 Million | AU$16.34 Billion | ▲ +0.1 pp |
| 2021 | 99.4% | AU$8.95 Billion | AU$50.00 Million | AU$13.24 Billion | ▲ +0.6 pp |
| 2020 | 98.9% | AU$9.56 Billion | AU$109.00 Million | AU$13.74 Billion | ▼ -0.2 pp |
| 2019 | 99.1% | AU$10.17 Billion | AU$94.00 Million | AU$14.71 Billion | ▼ -0.2 pp |
| 2018 | 99.2% | AU$10.71 Billion | AU$82.00 Million | AU$15.13 Billion | ▲ +0.3 pp |
| 2017 | 98.9% | AU$10.23 Billion | AU$113.00 Million | AU$14.73 Billion | ▲ +0.5 pp |
| 2016 | 98.4% | AU$9.42 Billion | AU$149.00 Million | AU$13.37 Billion | ▼ -0.1 pp |
| 2015 | 98.5% | AU$11.04 Billion | AU$161.00 Million | AU$15.49 Billion | ▼ -0.7 pp |
| 2014 | 99.3% | AU$9.82 Billion | AU$72.00 Million | AU$19.69 Billion | ▲ +0.0 pp |
| 2013 | 99.2% | AU$10.12 Billion | AU$76.00 Million | AU$19.54 Billion | ▼ -0.3 pp |
| 2012 | 99.6% | AU$13.81 Billion | AU$59.00 Million | AU$24.01 Billion | — |