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. Also explore net asset growth rate of African Rainbow Minerals Ltd to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see African Rainbow Minerals Ltd (ARI) market capitalisation.
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. Explore African Rainbow Minerals Ltd capex to cash flow ratio 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 | 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 | — |