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 ABG current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
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. See ABG days of operational coverage to measure how many days the company can operate on defensive assets alone.
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 market cap of Absa Group Ltd.
| 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 | — |