Aspen Pharmacare Holdings Ltd (APN) — Tangible Net Worth Ratio
Aspen Pharmacare Holdings Ltd (APN) has a Tangible Net Worth Ratio of 43.1% as of December 2025. This metric is calculated by deducting intangible assets (ZAC46.13 Billion) from net assets (ZAC81.09 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 Aspen Pharmacare Holdings Ltd (APN) net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Aspen Pharmacare Holdings Ltd Tangible Net Worth Ratio (2003–2025)
This chart shows how Aspen Pharmacare Holdings Ltd's Tangible Net Worth Ratio has changed across 23 annual periods from 2003 to 2025. As of December 2025, the ratio stands at 43.1%, reflecting net assets of ZAC81.09 Billion with intangible assets of ZAC46.13 Billion ZAC. For live market cap and overall valuation, see APN market cap.
Annual Tangible Net Worth Ratio for Aspen Pharmacare Holdings Ltd (2003–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Aspen Pharmacare Holdings Ltd from 2003 to 2025, covering 23 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 APN capex reinvestment rate 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) |
|---|---|---|---|---|---|
| 2025 | 20.8% | ZAC84.89 Billion | ZAC67.21 Billion | ZAC135.89 Billion | ▼ -1.0 pp |
| 2024 | 21.8% | ZAC84.86 Billion | ZAC66.35 Billion | ZAC139.16 Billion | ▼ -5.0 pp |
| 2023 | 26.8% | ZAC86.24 Billion | ZAC63.10 Billion | ZAC134.28 Billion | ▲ +2.5 pp |
| 2022 | 24.4% | ZAC70.94 Billion | ZAC53.65 Billion | ZAC111.38 Billion | ▲ +8.0 pp |
| 2021 | 16.4% | ZAC65.63 Billion | ZAC54.88 Billion | ZAC109.68 Billion | ▲ +21.9 pp |
| 2020 | -5.5% | ZAC69.22 Billion | ZAC73.04 Billion | ZAC133.17 Billion | ▲ +17.1 pp |
| 2019 | -22.6% | ZAC54.21 Billion | ZAC66.47 Billion | ZAC122.32 Billion | ▲ +21.4 pp |
| 2018 | -44.1% | ZAC50.09 Billion | ZAC72.16 Billion | ZAC132.84 Billion | ▼ -4.8 pp |
| 2017 | -39.2% | ZAC43.10 Billion | ZAC60.00 Billion | ZAC116.30 Billion | ▼ -23.7 pp |
| 2016 | -15.5% | ZAC42.50 Billion | ZAC49.10 Billion | ZAC104.30 Billion | ▲ +3.1 pp |
| 2015 | -18.6% | ZAC34.16 Billion | ZAC40.52 Billion | ZAC88.42 Billion | ▲ +5.0 pp |
| 2014 | -23.6% | ZAC28.88 Billion | ZAC35.70 Billion | ZAC82.55 Billion | ▼ -40.6 pp |
| 2013 | 17.0% | ZAC22.80 Billion | ZAC18.93 Billion | ZAC45.42 Billion | ▼ -14.8 pp |
| 2012 | 31.8% | ZAC17.40 Billion | ZAC11.87 Billion | ZAC31.72 Billion | ▼ -1.1 pp |
| 2011 | 32.9% | ZAC13.29 Billion | ZAC8.92 Billion | ZAC26.80 Billion | ▲ +12.0 pp |
| 2010 | 20.9% | ZAC10.89 Billion | ZAC8.61 Billion | ZAC19.80 Billion | ▲ +17.2 pp |
| 2009 | 3.7% | ZAC4.26 Billion | ZAC4.10 Billion | ZAC12.52 Billion | ▲ +15.9 pp |
| 2008 | -12.2% | ZAC3.32 Billion | ZAC3.72 Billion | ZAC10.85 Billion | ▼ -76.8 pp |
| 2007 | 64.7% | ZAC2.39 Billion | ZAC844.65 Million | ZAC7.53 Billion | ▲ +12.2 pp |
| 2006 | 52.5% | ZAC1.73 Billion | ZAC820.51 Million | ZAC4.27 Billion | ▲ +0.6 pp |
| 2005 | 51.9% | ZAC1.11 Billion | ZAC532.78 Million | ZAC3.14 Billion | ▼ -7.1 pp |
| 2004 | 59.0% | ZAC1.07 Billion | ZAC437.16 Million | ZAC2.11 Billion | ▲ +13.1 pp |
| 2003 | 45.9% | ZAC794.98 Million | ZAC429.93 Million | ZAC1.68 Billion | — |