African Dawn Capital Ltd (ADW) — Tangible Net Worth Ratio
African Dawn Capital Ltd (ADW) has a Tangible Net Worth Ratio of 90.2% as of May 2021. This metric is calculated by deducting intangible assets (ZAC368.00K) from net assets (ZAC3.75 Million) 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 working capital to net assets of African Dawn Capital Ltd to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
African Dawn Capital Ltd Tangible Net Worth Ratio (2004–2019)
This chart shows how African Dawn Capital Ltd's Tangible Net Worth Ratio has changed across 16 annual periods from 2004 to 2019. As of May 2021, the ratio stands at 90.2%, reflecting net assets of ZAC3.75 Million with intangible assets of ZAC368.00K ZAC. See ADW defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for African Dawn Capital Ltd (2004–2019)
The table below presents the year-by-year Tangible Net Worth Ratio for African Dawn Capital Ltd from 2004 to 2019, covering 16 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 African Dawn Capital Ltd.
| Year | Tangible NW Ratio | Net Assets (ZAC) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2019 | 91.6% | ZAC6.62 Million | ZAC554.00K | ZAC18.67 Million | ▲ +3.1 pp |
| 2018 | 88.5% | ZAC8.00 Million | ZAC921.00K | ZAC24.63 Million | ▲ +25.1 pp |
| 2017 | 63.4% | ZAC10.31 Million | ZAC3.77 Million | ZAC58.78 Million | ▼ -13.7 pp |
| 2016 | 77.1% | ZAC22.50 Million | ZAC5.16 Million | ZAC72.04 Million | ▼ -0.9 pp |
| 2015 | 78.0% | ZAC29.41 Million | ZAC6.48 Million | ZAC94.42 Million | ▼ -15.5 pp |
| 2014 | 93.4% | ZAC43.41 Million | ZAC2.84 Million | ZAC105.28 Million | ▼ -3.7 pp |
| 2013 | 97.2% | ZAC63.25 Million | ZAC1.79 Million | ZAC121.54 Million | ▼ -2.8 pp |
| 2012 | 100.0% | ZAC65.36 Million | ZAC0.00 | ZAC122.29 Million | ▲ +0.0 pp |
| 2011 | 100.0% | ZAC26.08 Million | ZAC0.00 | ZAC128.44 Million | ▲ +0.0 pp |
| 2010 | 100.0% | ZAC23.67 Million | ZAC0.00 | ZAC143.63 Million | ▲ +0.0 pp |
| 2009 | 100.0% | ZAC554.87 Million | ZAC0.00 | ZAC1.04 Billion | ▲ +0.0 pp |
| 2008 | 100.0% | ZAC176.60 Million | ZAC0.00 | ZAC367.26 Million | ▲ +0.0 pp |
| 2007 | 100.0% | ZAC102.69 Million | ZAC0.00 | ZAC134.67 Million | ▲ +0.0 pp |
| 2006 | 100.0% | ZAC30.80 Million | ZAC0.00 | ZAC54.44 Million | ▲ +0.0 pp |
| 2005 | 100.0% | ZAC8.22 Million | ZAC0.00 | ZAC28.76 Million | ▲ +0.0 pp |
| 2004 | 100.0% | ZAC5.47 Million | ZAC0.00 | ZAC16.33 Million | — |