Karooooo Ltd (KRO) — Tangible Net Worth Ratio
Karooooo Ltd (KRO) has a Tangible Net Worth Ratio of 97.4% as of November 2025. This metric is calculated by deducting intangible assets (ZAC83.53 Million) from net assets (ZAC3.24 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 KRO net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Karooooo Ltd Tangible Net Worth Ratio (2019–2025)
This chart shows how Karooooo Ltd's Tangible Net Worth Ratio has changed across 7 annual periods from 2019 to 2025. As of November 2025, the ratio stands at 97.4%, reflecting net assets of ZAC3.24 Billion with intangible assets of ZAC83.53 Million ZAC. See KRO cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Karooooo Ltd (2019–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Karooooo Ltd from 2019 to 2025, covering 7 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 KRO market cap overview.
| Year | Tangible NW Ratio | Net Assets (ZAC) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 97.4% | ZAC3.25 Billion | ZAC83.05 Million | ZAC5.08 Billion | ▲ +0.2 pp |
| 2024 | 97.2% | ZAC3.00 Billion | ZAC83.12 Million | ZAC4.31 Billion | ▲ +0.4 pp |
| 2023 | 96.8% | ZAC2.69 Billion | ZAC85.64 Million | ZAC3.75 Billion | ▲ +0.4 pp |
| 2022 | 96.5% | ZAC2.17 Billion | ZAC77.03 Million | ZAC3.09 Billion | ▲ +1.1 pp |
| 2021 | 95.4% | ZAC1.28 Billion | ZAC59.34 Million | ZAC2.99 Billion | ▼ -1.3 pp |
| 2020 | 96.7% | ZAC1.23 Billion | ZAC40.74 Million | ZAC1.85 Billion | ▼ -1.1 pp |
| 2019 | 97.8% | ZAC837.63 Million | ZAC18.46 Million | ZAC1.53 Billion | — |