Spear REIT Ltd (SEA) — Tangible Net Worth Ratio
Spear REIT Ltd (SEA) has a Tangible Net Worth Ratio of 100.0% as of August 2025. This metric is calculated by deducting intangible assets (ZAC0.00) from net assets (ZAC4.80 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 Spear REIT Ltd'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
Spear REIT Ltd Tangible Net Worth Ratio (2017–2025)
This chart shows how Spear REIT Ltd's Tangible Net Worth Ratio has changed across 9 annual periods from 2017 to 2025. As of August 2025, the ratio stands at 100.0%, reflecting net assets of ZAC4.80 Billion with intangible assets of ZAC0.00 ZAC. See SEA defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Spear REIT Ltd (2017–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Spear REIT Ltd from 2017 to 2025, covering 9 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 SEA stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (ZAC) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | ZAC3.92 Billion | ZAC0.00 | ZAC5.64 Billion | ▲ +0.0 pp |
| 2024 | 100.0% | ZAC3.08 Billion | ZAC0.00 | ZAC4.68 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | ZAC2.61 Billion | ZAC0.00 | ZAC4.26 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | ZAC2.67 Billion | ZAC0.00 | ZAC4.53 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | ZAC2.39 Billion | ZAC0.00 | ZAC4.58 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | ZAC2.52 Billion | ZAC0.00 | ZAC4.30 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | ZAC2.35 Billion | ZAC0.00 | ZAC3.92 Billion | ▲ +0.0 pp |
| 2018 | 100.0% | ZAC1.97 Billion | ZAC0.00 | ZAC3.23 Billion | ▲ +0.0 pp |
| 2017 | 100.0% | ZAC986.81 Million | ZAC0.00 | ZAC1.49 Billion | — |