ABSA Bank Limited (ABSP) — Tangible Net Worth Ratio
ABSA Bank Limited (ABSP) has a Tangible Net Worth Ratio of 90.3% as of December 2019. This metric is calculated by deducting intangible assets (ZAC8.86 Billion) from net assets (ZAC91.33 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 ABSP net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
ABSA Bank Limited Tangible Net Worth Ratio (2013–2019)
This chart shows how ABSA Bank Limited's Tangible Net Worth Ratio has changed across 7 annual periods from 2013 to 2019. As of December 2019, the ratio stands at 90.3%, reflecting net assets of ZAC91.33 Billion with intangible assets of ZAC8.86 Billion ZAC. Also explore how fast is ABSA Bank Limited growing its equity to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for ABSA Bank Limited (2013–2019)
The table below presents the year-by-year Tangible Net Worth Ratio for ABSA Bank Limited from 2013 to 2019, covering 7 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 ABSP stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (ZAC) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2019 | 90.3% | ZAC91.33 Billion | ZAC8.86 Billion | ZAC1.16 Trillion | ▼ -1.2 pp |
| 2018 | 91.5% | ZAC83.69 Billion | ZAC7.13 Billion | ZAC1.08 Trillion | ▼ -4.1 pp |
| 2017 | 95.6% | ZAC85.33 Billion | ZAC3.75 Billion | ZAC988.36 Billion | ▼ -1.2 pp |
| 2016 | 96.8% | ZAC69.30 Billion | ZAC2.23 Billion | ZAC918.31 Billion | ▼ 0.0 pp |
| 2015 | 96.8% | ZAC60.50 Billion | ZAC1.92 Billion | ZAC936.14 Billion | ▼ -0.9 pp |
| 2014 | 97.8% | ZAC58.93 Billion | ZAC1.31 Billion | ZAC814.06 Billion | ▲ +0.1 pp |
| 2013 | 97.7% | ZAC57.26 Billion | ZAC1.30 Billion | ZAC792.63 Billion | — |