Pick N Pay Stores Ltd (PIK) — Tangible Net Worth Ratio
Pick N Pay Stores Ltd (PIK) has a Tangible Net Worth Ratio of 87.4% as of August 2025. This metric is calculated by deducting intangible assets (ZAC1.33 Billion) from net assets (ZAC10.57 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 PIK 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
Pick N Pay Stores Ltd Tangible Net Worth Ratio (2001–2025)
This chart shows how Pick N Pay Stores Ltd's Tangible Net Worth Ratio has changed across 24 annual periods from 2001 to 2025. As of August 2025, the ratio stands at 87.4%, reflecting net assets of ZAC10.57 Billion with intangible assets of ZAC1.33 Billion ZAC. See PIK defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Pick N Pay Stores Ltd (2001–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Pick N Pay Stores Ltd from 2001 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 market cap of Pick N Pay Stores Ltd.
| Year | Tangible NW Ratio | Net Assets (ZAC) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 94.8% | ZAC10.96 Billion | ZAC569.00 Million | ZAC46.81 Billion | ▲ +7.5 pp |
| 2023 | 87.3% | ZAC3.70 Billion | ZAC471.60 Million | ZAC42.37 Billion | ▼ -3.0 pp |
| 2022 | 90.2% | ZAC3.72 Billion | ZAC362.40 Million | ZAC40.34 Billion | ▲ +2.1 pp |
| 2021 | 88.1% | ZAC3.39 Billion | ZAC402.50 Million | ZAC37.82 Billion | ▲ +2.1 pp |
| 2020 | 86.0% | ZAC3.01 Billion | ZAC421.30 Million | ZAC33.51 Billion | ▼ -1.4 pp |
| 2019 | 87.4% | ZAC4.32 Billion | ZAC542.10 Million | ZAC19.85 Billion | ▲ +1.5 pp |
| 2018 | 85.9% | ZAC4.02 Billion | ZAC566.20 Million | ZAC18.98 Billion | ▲ +0.9 pp |
| 2017 | 85.0% | ZAC4.08 Billion | ZAC612.20 Million | ZAC18.10 Billion | ▲ +1.2 pp |
| 2016 | 83.8% | ZAC3.90 Billion | ZAC632.90 Million | ZAC16.58 Billion | ▲ +6.0 pp |
| 2015 | 77.7% | ZAC3.13 Billion | ZAC696.70 Million | ZAC14.71 Billion | ▲ +3.5 pp |
| 2014 | 74.2% | ZAC2.70 Billion | ZAC696.40 Million | ZAC14.10 Billion | ▲ +3.8 pp |
| 2013 | 70.4% | ZAC2.42 Billion | ZAC714.40 Million | ZAC13.02 Billion | ▲ +3.7 pp |
| 2012 | 66.7% | ZAC2.40 Billion | ZAC799.60 Million | ZAC11.82 Billion | ▼ -14.5 pp |
| 2011 | 81.3% | ZAC2.16 Billion | ZAC404.50 Million | ZAC11.10 Billion | ▲ +33.8 pp |
| 2010 | 47.5% | ZAC2.14 Billion | ZAC1.13 Billion | ZAC11.20 Billion | ▲ +12.0 pp |
| 2009 | 35.5% | ZAC1.70 Billion | ZAC1.09 Billion | ZAC10.58 Billion | ▼ -41.5 pp |
| 2008 | 77.0% | ZAC1.43 Billion | ZAC329.80 Million | ZAC9.30 Billion | ▼ -4.3 pp |
| 2007 | 81.3% | ZAC1.02 Billion | ZAC190.30 Million | ZAC7.79 Billion | ▼ -5.9 pp |
| 2006 | 87.2% | ZAC865.30 Million | ZAC110.90 Million | ZAC6.74 Billion | ▼ -12.8 pp |
| 2005 | 100.0% | ZAC1.08 Billion | ZAC0.00 | ZAC6.25 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | ZAC1.13 Billion | ZAC0.00 | ZAC6.01 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | ZAC999.10 Million | ZAC0.00 | ZAC5.33 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | ZAC1.22 Billion | ZAC0.00 | ZAC4.92 Billion | ▲ +0.0 pp |
| 2001 | 100.0% | ZAC882.20 Million | ZAC0.00 | ZAC3.78 Billion | — |