Clicks (CLS) — Tangible Net Worth Ratio

Latest as of February 2026: 84.7%

Clicks (CLS) has a Tangible Net Worth Ratio of 84.7% as of February 2026. This metric is calculated by deducting intangible assets (ZAC935.57 Million) from net assets (ZAC6.10 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 working capital to net assets of Clicks to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

84.7%
Tangible equity / total equity

Net Assets (Equity)

ZAC6.10 Billion
ZAC

Intangible Assets

ZAC935.57 Million
Goodwill, patents, brand value

Total Assets

ZAC23.00 Billion
ZAC

Clicks Tangible Net Worth Ratio (2002–2025)

This chart shows how Clicks's Tangible Net Worth Ratio has changed across 24 annual periods from 2002 to 2025. As of February 2026, the ratio stands at 84.7%, reflecting net assets of ZAC6.10 Billion with intangible assets of ZAC935.57 Million ZAC. See CLS defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Clicks (2002–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Clicks from 2002 to 2025, covering 24 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 CLS company net worth.

Year Tangible NW Ratio Net Assets (ZAC) Intangible Assets Total Assets Change (pp)
2025 86.3% ZAC6.86 Billion ZAC941.55 Million ZAC22.59 Billion ▲ +1.3 pp
2024 84.9% ZAC6.29 Billion ZAC946.36 Million ZAC20.82 Billion ▲ +1.2 pp
2023 83.8% ZAC5.96 Billion ZAC968.21 Million ZAC19.03 Billion ▼ -3.6 pp
2022 87.3% ZAC5.70 Billion ZAC720.99 Million ZAC17.86 Billion ▲ +1.3 pp
2021 86.0% ZAC4.81 Billion ZAC670.46 Million ZAC17.17 Billion ▼ -3.0 pp
2020 89.1% ZAC5.19 Billion ZAC568.70 Million ZAC15.27 Billion ▼ -0.8 pp
2019 89.9% ZAC4.91 Billion ZAC497.08 Million ZAC13.05 Billion ▲ +0.6 pp
2018 89.2% ZAC4.43 Billion ZAC476.76 Million ZAC11.56 Billion ▲ +3.1 pp
2017 86.1% ZAC3.30 Billion ZAC457.60 Million ZAC9.72 Billion ▲ +3.8 pp
2016 82.3% ZAC2.45 Billion ZAC434.08 Million ZAC8.38 Billion ▲ +2.0 pp
2015 80.3% ZAC2.01 Billion ZAC395.62 Million ZAC7.56 Billion ▲ +4.1 pp
2014 76.3% ZAC1.57 Billion ZAC371.62 Million ZAC6.19 Billion ▲ +1.6 pp
2013 74.7% ZAC1.38 Billion ZAC349.02 Million ZAC5.45 Billion ▼ -2.6 pp
2012 77.3% ZAC1.35 Billion ZAC306.29 Million ZAC4.78 Billion ▲ +8.5 pp
2011 68.8% ZAC965.19 Million ZAC301.58 Million ZAC4.25 Billion ▲ +43.2 pp
2010 25.6% ZAC1.14 Billion ZAC849.49 Million ZAC4.11 Billion ▲ +4.2 pp
2009 21.4% ZAC1.13 Billion ZAC884.74 Million ZAC4.18 Billion ▼ -7.3 pp
2008 28.7% ZAC1.14 Billion ZAC815.96 Million ZAC3.59 Billion ▼ -16.4 pp
2007 45.1% ZAC1.30 Billion ZAC711.07 Million ZAC4.01 Billion ▼ -5.3 pp
2006 50.4% ZAC1.59 Billion ZAC790.51 Million ZAC3.68 Billion ▼ -18.2 pp
2005 68.6% ZAC1.34 Billion ZAC420.59 Million ZAC3.19 Billion ▼ -31.4 pp
2004 100.0% ZAC1.37 Billion ZAC0.00 ZAC3.13 Billion ▲ +0.0 pp
2003 100.0% ZAC1.61 Billion ZAC0.00 ZAC3.45 Billion ▲ +0.0 pp
2002 100.0% ZAC1.22 Billion ZAC0.00 ZAC2.47 Billion
pp = percentage points