ArcelorMittal South Africa Limited (ACL) — Tangible Net Worth Ratio
ArcelorMittal South Africa Limited (ACL) has a Tangible Net Worth Ratio of 94.8% as of June 2025. This metric is calculated by deducting intangible assets (ZAC54.00 Million) from net assets (ZAC1.03 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 net asset momentum of ArcelorMittal South Africa Limited to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
ArcelorMittal South Africa Limited Tangible Net Worth Ratio (2003–2024)
This chart shows how ArcelorMittal South Africa Limited's Tangible Net Worth Ratio has changed across 22 annual periods from 2003 to 2024. As of June 2025, the ratio stands at 94.8%, reflecting net assets of ZAC1.03 Billion with intangible assets of ZAC54.00 Million ZAC. For live market cap and overall valuation, see ACL stock market capitalisation.
Annual Tangible Net Worth Ratio for ArcelorMittal South Africa Limited (2003–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for ArcelorMittal South Africa Limited from 2003 to 2024, covering 22 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. Explore ArcelorMittal South Africa Limited (ACL) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (ZAC) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 97.0% | ZAC1.96 Billion | ZAC58.00 Million | ZAC24.94 Billion | ▼ -2.2 pp |
| 2023 | 99.2% | ZAC7.80 Billion | ZAC62.00 Million | ZAC29.11 Billion | ▼ -0.2 pp |
| 2022 | 99.4% | ZAC11.68 Billion | ZAC71.00 Million | ZAC30.00 Billion | ▲ +0.1 pp |
| 2021 | 99.3% | ZAC9.05 Billion | ZAC67.00 Million | ZAC29.09 Billion | ▲ +2.3 pp |
| 2020 | 96.9% | ZAC2.34 Billion | ZAC72.00 Million | ZAC21.81 Billion | ▼ -1.0 pp |
| 2019 | 97.9% | ZAC3.40 Billion | ZAC70.00 Million | ZAC22.46 Billion | ▼ -1.1 pp |
| 2018 | 99.1% | ZAC7.96 Billion | ZAC73.00 Million | ZAC28.56 Billion | ▲ +0.1 pp |
| 2017 | 99.0% | ZAC8.06 Billion | ZAC82.00 Million | ZAC31.20 Billion | ▼ -0.3 pp |
| 2016 | 99.2% | ZAC13.54 Billion | ZAC103.00 Million | ZAC30.65 Billion | ▲ +0.1 pp |
| 2015 | 99.2% | ZAC13.47 Billion | ZAC112.00 Million | ZAC30.96 Billion | ▼ -0.2 pp |
| 2014 | 99.3% | ZAC20.72 Billion | ZAC135.00 Million | ZAC33.03 Billion | ▲ +0.1 pp |
| 2013 | 99.3% | ZAC20.69 Billion | ZAC146.00 Million | ZAC32.72 Billion | ▼ -0.2 pp |
| 2012 | 99.5% | ZAC22.24 Billion | ZAC121.00 Million | ZAC30.90 Billion | ▲ +0.0 pp |
| 2011 | 99.4% | ZAC22.67 Billion | ZAC126.00 Million | ZAC32.42 Billion | ▲ +7.6 pp |
| 2010 | 91.9% | ZAC22.56 Billion | ZAC1.83 Billion | ZAC31.72 Billion | ▼ -7.8 pp |
| 2009 | 99.7% | ZAC21.93 Billion | ZAC72.00 Million | ZAC30.78 Billion | ▼ -0.1 pp |
| 2008 | 99.7% | ZAC28.00 Billion | ZAC71.00 Million | ZAC37.44 Billion | ▲ +0.0 pp |
| 2007 | 99.7% | ZAC20.58 Billion | ZAC58.00 Million | ZAC28.20 Billion | ▼ 0.0 pp |
| 2006 | 99.7% | ZAC22.94 Billion | ZAC58.00 Million | ZAC30.60 Billion | ▲ +0.1 pp |
| 2005 | 99.6% | ZAC19.52 Billion | ZAC74.00 Million | ZAC25.75 Billion | ▼ -0.2 pp |
| 2004 | 99.8% | ZAC16.05 Billion | ZAC30.00 Million | ZAC23.73 Billion | ▲ +0.1 pp |
| 2003 | 99.8% | ZAC12.98 Billion | ZAC32.00 Million | ZAC18.57 Billion | — |