Ninety One PLC (N91) — Tangible Net Worth Ratio
Ninety One PLC (N91) has a Tangible Net Worth Ratio of 58.2% as of March 2026. This metric is calculated by deducting intangible assets (ZAC293.50 Million) from net assets (ZAC702.60 Million) 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 Ninety One PLC shareholders equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Ninety One PLC Tangible Net Worth Ratio (2017–2026)
This chart shows how Ninety One PLC's Tangible Net Worth Ratio has changed across 10 annual periods from 2017 to 2026. As of March 2026, the ratio stands at 58.2%, reflecting net assets of ZAC702.60 Million with intangible assets of ZAC293.50 Million ZAC. Also explore how fast is Ninety One PLC growing its equity to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Ninety One PLC (2017–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Ninety One PLC from 2017 to 2026, covering 10 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 market cap of Ninety One PLC.
| Year | Tangible NW Ratio | Net Assets (ZAC) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 58.2% | ZAC702.60 Million | ZAC293.50 Million | ZAC14.88 Billion | ▼ -41.8 pp |
| 2025 | 100.0% | ZAC373.60 Million | ZAC0.00 | ZAC12.21 Billion | ▲ +0.0 pp |
| 2024 | 100.0% | ZAC367.60 Million | ZAC0.00 | ZAC11.12 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | ZAC349.90 Million | ZAC0.00 | ZAC10.81 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | ZAC341.60 Million | ZAC0.00 | ZAC11.68 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | ZAC253.30 Million | ZAC0.00 | ZAC9.90 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | ZAC151.10 Million | ZAC0.00 | ZAC7.65 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | ZAC195.64 Million | ZAC24.00K | ZAC8.80 Billion | ▲ +0.1 pp |
| 2018 | 99.9% | ZAC211.61 Million | ZAC132.00K | ZAC9.07 Billion | ▼ 0.0 pp |
| 2017 | 99.9% | ZAC196.62 Million | ZAC109.00K | ZAC8.28 Billion | — |