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 ABSA Bank Limited (ABSP) liquidity 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 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. See ABSA Bank Limited (ABSP) defensive interval to measure how many days the company can operate on defensive assets alone.
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 ABSA Bank Limited stock valuation.
| 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 | — |