African Rainbow Minerals Ltd (ARI) — Tangible Net Worth Ratio
African Rainbow Minerals Ltd (ARI) has a Tangible Net Worth Ratio of 99.9% as of June 2025. This metric is calculated by deducting intangible assets (ZAC44.00 Million) from net assets (ZAC60.12 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 African Rainbow Minerals Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
African Rainbow Minerals Ltd Tangible Net Worth Ratio (2001–2025)
This chart shows how African Rainbow Minerals Ltd's Tangible Net Worth Ratio has changed across 25 annual periods from 2001 to 2025. As of June 2025, the ratio stands at 99.9%, reflecting net assets of ZAC60.12 Billion with intangible assets of ZAC44.00 Million ZAC. See ARI defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for African Rainbow Minerals Ltd (2001–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for African Rainbow Minerals Ltd from 2001 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 African Rainbow Minerals Ltd market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (ZAC) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.9% | ZAC60.12 Billion | ZAC44.00 Million | ZAC74.33 Billion | ▲ +0.0 pp |
| 2024 | 99.9% | ZAC58.09 Billion | ZAC50.00 Million | ZAC70.69 Billion | ▲ +0.0 pp |
| 2023 | 99.9% | ZAC54.14 Billion | ZAC55.00 Million | ZAC64.13 Billion | ▲ +0.0 pp |
| 2022 | 99.9% | ZAC50.36 Billion | ZAC63.00 Million | ZAC59.17 Billion | ▲ +0.0 pp |
| 2021 | 99.8% | ZAC43.78 Billion | ZAC76.00 Million | ZAC53.09 Billion | ▲ +0.1 pp |
| 2020 | 99.8% | ZAC34.11 Billion | ZAC83.00 Million | ZAC42.55 Billion | ▲ +0.1 pp |
| 2019 | 99.6% | ZAC29.70 Billion | ZAC114.00 Million | ZAC37.22 Billion | ▲ +0.1 pp |
| 2018 | 99.6% | ZAC27.38 Billion | ZAC120.00 Million | ZAC34.30 Billion | ▲ +0.1 pp |
| 2017 | 99.5% | ZAC24.04 Billion | ZAC130.00 Million | ZAC32.25 Billion | ▲ +0.0 pp |
| 2016 | 99.4% | ZAC24.58 Billion | ZAC137.00 Million | ZAC35.13 Billion | ▼ 0.0 pp |
| 2015 | 99.4% | ZAC26.91 Billion | ZAC149.00 Million | ZAC35.28 Billion | ▲ +0.0 pp |
| 2014 | 99.4% | ZAC28.20 Billion | ZAC166.00 Million | ZAC36.46 Billion | ▲ +0.1 pp |
| 2013 | 99.3% | ZAC25.46 Billion | ZAC178.00 Million | ZAC38.12 Billion | ▼ -0.7 pp |
| 2012 | 100.0% | ZAC24.41 Billion | ZAC0.00 | ZAC35.32 Billion | ▲ +0.9 pp |
| 2011 | 99.1% | ZAC22.11 Billion | ZAC202.00 Million | ZAC32.31 Billion | ▲ +0.2 pp |
| 2010 | 98.9% | ZAC18.53 Billion | ZAC212.00 Million | ZAC28.23 Billion | ▲ +0.2 pp |
| 2009 | 98.7% | ZAC16.15 Billion | ZAC213.00 Million | ZAC25.50 Billion | ▲ +0.1 pp |
| 2008 | 98.6% | ZAC14.84 Billion | ZAC210.87 Million | ZAC24.82 Billion | ▲ +0.5 pp |
| 2007 | 98.1% | ZAC11.22 Billion | ZAC217.00 Million | ZAC18.14 Billion | ▼ -1.9 pp |
| 2006 | 100.0% | ZAC10.39 Billion | ZAC2.00 Million | ZAC14.61 Billion | ▲ +0.0 pp |
| 2005 | 99.9% | ZAC7.97 Billion | ZAC5.00 Million | ZAC11.77 Billion | ▲ +0.0 pp |
| 2004 | 99.9% | ZAC7.95 Billion | ZAC5.00 Million | ZAC11.46 Billion | ▲ +0.1 pp |
| 2003 | 99.9% | ZAC4.96 Billion | ZAC6.00 Million | ZAC7.16 Billion | ▲ +0.0 pp |
| 2002 | 99.8% | ZAC4.59 Billion | ZAC7.00 Million | ZAC8.79 Billion | ▲ +0.0 pp |
| 2001 | 99.8% | ZAC5.49 Billion | ZAC9.00 Million | ZAC9.11 Billion | — |