Adcorp (ADR) — Tangible Net Worth Ratio
Adcorp (ADR) has a Tangible Net Worth Ratio of 94.7% as of August 2025. This metric is calculated by deducting intangible assets (ZAC79.48 Million) from net assets (ZAC1.49 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 Adcorp (ADR) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Adcorp Tangible Net Worth Ratio (2003–2025)
This chart shows how Adcorp's Tangible Net Worth Ratio has changed across 25 annual periods from 2003 to 2025. As of August 2025, the ratio stands at 94.7%, reflecting net assets of ZAC1.49 Billion with intangible assets of ZAC79.48 Million ZAC. See Adcorp defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Adcorp (2003–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Adcorp from 2003 to 2025, covering 25 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 ADR market cap.
| Year | Tangible NW Ratio | Net Assets (ZAC) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 94.1% | ZAC1.49 Billion | ZAC87.96 Million | ZAC3.27 Billion | ▲ +1.6 pp |
| 2024 | 92.5% | ZAC1.46 Billion | ZAC109.05 Million | ZAC3.12 Billion | ▲ +0.6 pp |
| 2023 | 91.9% | ZAC1.53 Billion | ZAC123.68 Million | ZAC3.16 Billion | ▲ +0.5 pp |
| 2022 | 91.5% | ZAC1.47 Billion | ZAC125.77 Million | ZAC3.20 Billion | ▲ +2.1 pp |
| 2021 | 89.3% | ZAC1.35 Billion | ZAC144.35 Million | ZAC3.52 Billion | ▲ +7.3 pp |
| 2020 | 82.1% | ZAC1.18 Billion | ZAC210.97 Million | ZAC4.01 Billion | ▼ -5.8 pp |
| 2019 | 87.8% | ZAC1.91 Billion | ZAC231.60 Million | ZAC4.36 Billion | ▲ +5.1 pp |
| 2018 | 82.8% | ZAC1.60 Billion | ZAC275.79 Million | ZAC4.53 Billion | ▲ +9.5 pp |
| 2017 | 73.2% | ZAC2.30 Billion | ZAC615.96 Million | ZAC5.74 Billion | ▲ +1.3 pp |
| 2016 | 72.0% | ZAC2.69 Billion | ZAC753.17 Million | ZAC6.38 Billion | ▼ -28.0 pp |
| 2015 | 100.0% | ZAC81.70K | ZAC0.00 | ZAC136.84K | ▲ +24.8 pp |
| 2015 | 75.2% | ZAC2.47 Billion | ZAC611.75 Million | ZAC5.34 Billion | ▼ -24.8 pp |
| 2014 | 100.0% | ZAC32.30K | ZAC0.00 | ZAC423.54K | ▲ +26.7 pp |
| 2014 | 73.3% | ZAC2.10 Billion | ZAC559.52 Million | ZAC4.69 Billion | ▲ +0.3 pp |
| 2013 | 73.0% | ZAC1.90 Billion | ZAC511.67 Million | ZAC4.13 Billion | ▼ -1.8 pp |
| 2012 | 74.8% | ZAC1.44 Billion | ZAC363.19 Million | ZAC2.84 Billion | ▼ -11.1 pp |
| 2011 | 85.9% | ZAC1.01 Billion | ZAC143.02 Million | ZAC1.93 Billion | ▲ +5.6 pp |
| 2010 | 80.2% | ZAC907.94 Million | ZAC179.33 Million | ZAC1.67 Billion | ▲ +6.3 pp |
| 2009 | 74.0% | ZAC803.48 Million | ZAC209.09 Million | ZAC1.71 Billion | ▲ +1.3 pp |
| 2008 | 72.7% | ZAC667.75 Million | ZAC182.27 Million | ZAC1.39 Billion | ▼ -13.1 pp |
| 2007 | 85.8% | ZAC310.70 Million | ZAC44.22 Million | ZAC649.87 Million | ▲ +0.0 pp |
| 2006 | 85.8% | ZAC310.70 Million | ZAC44.22 Million | ZAC649.87 Million | ▼ -12.8 pp |
| 2005 | 98.6% | ZAC221.33 Million | ZAC3.14 Million | ZAC483.52 Million | ▼ -1.4 pp |
| 2004 | 100.0% | ZAC194.76 Million | ZAC0.00 | ZAC411.03 Million | ▲ +0.0 pp |
| 2003 | 100.0% | ZAC222.15 Million | ZAC0.00 | ZAC434.71 Million | — |