Oando PLC (OAO) — Tangible Net Worth Ratio
Oando PLC (OAO) has a Tangible Net Worth Ratio of 99.9% as of September 2019. This metric is calculated by deducting intangible assets (ZAC287.15 Million) from net assets (ZAC289.33 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 Oando PLC's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Oando PLC Tangible Net Worth Ratio (2013–2018)
This chart shows how Oando PLC's Tangible Net Worth Ratio has changed across 6 annual periods from 2013 to 2018. As of September 2019, the ratio stands at 99.9%, reflecting net assets of ZAC289.33 Billion with intangible assets of ZAC287.15 Million ZAC. See how many days can Oando PLC fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Oando PLC (2013–2018)
The table below presents the year-by-year Tangible Net Worth Ratio for Oando PLC from 2013 to 2018, covering 6 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 OAO stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (ZAC) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2018 | 80.8% | ZAC277.12 Billion | ZAC53.10 Billion | ZAC1.08 Trillion | ▲ +0.5 pp |
| 2017 | 80.4% | ZAC263.44 Billion | ZAC51.70 Billion | ZAC1.04 Trillion | ▲ +2.7 pp |
| 2016 | 77.7% | ZAC192.34 Billion | ZAC42.86 Billion | ZAC991.54 Billion | ▲ +56.7 pp |
| 2015 | 21.0% | ZAC50.89 Billion | ZAC40.21 Billion | ZAC946.32 Billion | ▲ +2.2 pp |
| 2014 | 18.8% | ZAC43.61 Billion | ZAC35.40 Billion | ZAC892.35 Billion | ▼ -44.9 pp |
| 2013 | 63.8% | ZAC162.37 Billion | ZAC58.86 Billion | ZAC585.43 Billion | — |