Barloworld Ltd (BAW) — Tangible Net Worth Ratio

Latest as of September 2025: 88.7%

Barloworld Ltd (BAW) has a Tangible Net Worth Ratio of 88.7% as of September 2025. This metric is calculated by deducting intangible assets (ZAC1.96 Billion) from net assets (ZAC17.38 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 how liquid is Barloworld Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

88.7%
Tangible equity / total equity

Net Assets (Equity)

ZAC17.38 Billion
ZAC

Intangible Assets

ZAC1.96 Billion
Goodwill, patents, brand value

Total Assets

ZAC44.31 Billion
ZAC

Barloworld Ltd Tangible Net Worth Ratio (1999–2025)

This chart shows how Barloworld Ltd's Tangible Net Worth Ratio has changed across 27 annual periods from 1999 to 2025. As of September 2025, the ratio stands at 88.7%, reflecting net assets of ZAC17.38 Billion with intangible assets of ZAC1.96 Billion ZAC. See BAW defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Barloworld Ltd (1999–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Barloworld Ltd from 1999 to 2025, covering 27 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 BAW market cap overview.

Year Tangible NW Ratio Net Assets (ZAC) Intangible Assets Total Assets Change (pp)
2025 88.7% ZAC17.38 Billion ZAC1.96 Billion ZAC44.31 Billion ▲ +0.3 pp
2024 88.4% ZAC16.67 Billion ZAC1.93 Billion ZAC41.20 Billion ▲ +0.6 pp
2023 87.8% ZAC16.82 Billion ZAC2.05 Billion ZAC48.12 Billion ▼ -1.3 pp
2022 89.2% ZAC19.18 Billion ZAC2.08 Billion ZAC54.41 Billion ▲ +0.1 pp
2021 89.1% ZAC21.70 Billion ZAC2.37 Billion ZAC52.84 Billion ▼ -2.7 pp
2020 91.7% ZAC19.75 Billion ZAC1.63 Billion ZAC47.88 Billion ▼ -1.9 pp
2019 93.6% ZAC23.89 Billion ZAC1.53 Billion ZAC47.19 Billion ▲ +0.3 pp
2018 93.3% ZAC22.75 Billion ZAC1.53 Billion ZAC49.26 Billion ▲ +1.0 pp
2017 92.3% ZAC20.88 Billion ZAC1.60 Billion ZAC46.32 Billion ▲ +1.0 pp
2016 91.3% ZAC19.68 Billion ZAC1.71 Billion ZAC46.02 Billion ▼ -1.2 pp
2015 92.5% ZAC20.04 Billion ZAC1.50 Billion ZAC48.16 Billion ▲ +0.4 pp
2014 92.1% ZAC17.49 Billion ZAC1.38 Billion ZAC44.01 Billion ▲ +0.9 pp
2013 91.2% ZAC15.84 Billion ZAC1.40 Billion ZAC40.73 Billion ▼ -0.9 pp
2012 92.0% ZAC13.17 Billion ZAC1.05 Billion ZAC35.81 Billion ▼ -4.6 pp
2011 96.7% ZAC12.65 Billion ZAC421.00 Million ZAC30.93 Billion ▼ -0.6 pp
2010 97.3% ZAC10.83 Billion ZAC297.00 Million ZAC25.69 Billion ▼ -0.4 pp
2009 97.7% ZAC12.07 Billion ZAC280.00 Million ZAC30.09 Billion ▼ -0.7 pp
2008 98.4% ZAC13.03 Billion ZAC205.00 Million ZAC33.96 Billion ▲ +0.9 pp
2007 97.6% ZAC11.22 Billion ZAC274.00 Million ZAC30.66 Billion ▼ -0.2 pp
2006 97.8% ZAC14.36 Billion ZAC323.00 Million ZAC35.65 Billion ▼ -0.1 pp
2005 97.8% ZAC12.08 Billion ZAC260.00 Million ZAC28.61 Billion ▲ +20.4 pp
2004 77.5% ZAC11.88 Billion ZAC2.67 Billion ZAC27.84 Billion ▼ -8.3 pp
2003 85.8% ZAC10.32 Billion ZAC1.46 Billion ZAC23.64 Billion ▲ +1.6 pp
2002 84.2% ZAC12.03 Billion ZAC1.90 Billion ZAC27.10 Billion ▼ -15.8 pp
2001 100.0% ZAC9.70K ZAC0.00 ZAC21.95K ▲ +0.0 pp
2000 100.0% ZAC8.45K ZAC0.00 ZAC16.74K ▲ +0.0 pp
1999 100.0% ZAC7.80K ZAC0.00 ZAC15.12K
pp = percentage points