Absa Group Ltd (ABG) — Tangible Net Worth Ratio
Absa Group Ltd (ABG) has a Tangible Net Worth Ratio of 91.5% as of June 2025. This metric is calculated by deducting intangible assets (ZAC15.98 Billion) from net assets (ZAC187.69 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. See what is Absa Group Ltd's book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Absa Group Ltd Tangible Net Worth Ratio (2003–2024)
This chart shows how Absa Group Ltd's Tangible Net Worth Ratio has changed across 21 annual periods from 2003 to 2024. As of June 2025, the ratio stands at 91.5%, reflecting net assets of ZAC187.69 Billion with intangible assets of ZAC15.98 Billion ZAC. Also explore Absa Group Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Absa Group Ltd (2003–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Absa Group Ltd from 2003 to 2024, covering 21 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 the full company profile including market capitalisation, see Absa Group Ltd stock valuation.
| Year | Tangible NW Ratio | Net Assets (ZAC) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 91.3% | ZAC183.28 Billion | ZAC16.00 Billion | ZAC2.07 Trillion | ▼ -0.4 pp |
| 2023 | 91.7% | ZAC164.40 Billion | ZAC13.67 Billion | ZAC1.87 Trillion | ▲ +0.1 pp |
| 2022 | 91.6% | ZAC153.05 Billion | ZAC12.90 Billion | ZAC1.79 Trillion | ▼ -0.9 pp |
| 2021 | 92.4% | ZAC147.31 Billion | ZAC11.15 Billion | ZAC1.64 Trillion | ▲ +0.1 pp |
| 2020 | 92.3% | ZAC132.30 Billion | ZAC10.19 Billion | ZAC1.53 Trillion | ▼ -0.4 pp |
| 2019 | 92.7% | ZAC128.68 Billion | ZAC9.45 Billion | ZAC1.40 Trillion | ▼ -0.9 pp |
| 2018 | 93.6% | ZAC121.61 Billion | ZAC7.82 Billion | ZAC1.29 Trillion | ▼ -2.6 pp |
| 2017 | 96.2% | ZAC119.06 Billion | ZAC4.55 Billion | ZAC1.17 Trillion | ▼ -0.8 pp |
| 2016 | 96.9% | ZAC102.28 Billion | ZAC3.13 Billion | ZAC1.10 Trillion | ▼ -0.2 pp |
| 2015 | 97.1% | ZAC98.65 Billion | ZAC2.82 Billion | ZAC1.14 Trillion | ▼ -0.2 pp |
| 2014 | 97.3% | ZAC90.94 Billion | ZAC2.46 Billion | ZAC991.41 Billion | ▲ +0.1 pp |
| 2013 | 97.2% | ZAC85.20 Billion | ZAC2.38 Billion | ZAC959.60 Billion | ▼ 0.0 pp |
| 2012 | 97.2% | ZAC72.79 Billion | ZAC2.01 Billion | ZAC807.94 Billion | ▼ -0.9 pp |
| 2011 | 98.1% | ZAC68.41 Billion | ZAC1.30 Billion | ZAC786.72 Billion | ▼ -0.2 pp |
| 2010 | 98.3% | ZAC62.15 Billion | ZAC1.06 Billion | ZAC716.47 Billion | ▼ 0.0 pp |
| 2009 | 98.3% | ZAC56.49 Billion | ZAC953.00 Million | ZAC717.74 Billion | ▲ +0.1 pp |
| 2008 | 98.2% | ZAC52.97 Billion | ZAC957.00 Million | ZAC773.76 Billion | ▼ -1.1 pp |
| 2007 | 99.3% | ZAC42.56 Billion | ZAC301.00 Million | ZAC640.91 Billion | ▼ 0.0 pp |
| 2006 | 99.3% | ZAC34.92 Billion | ZAC230.00 Million | ZAC495.11 Billion | ▼ -0.6 pp |
| 2004 | 100.0% | ZAC23.96 Billion | ZAC5.00 Million | ZAC348.69 Billion | ▲ +0.1 pp |
| 2003 | 99.9% | ZAC19.52 Billion | ZAC28.00 Million | ZAC306.85 Billion | — |