Spear REIT Ltd (SEA) — Tangible Net Worth Ratio
Spear REIT Ltd (SEA) has a Tangible Net Worth Ratio of 100.0% as of February 2026. This metric is calculated by deducting intangible assets (ZAC0.00) from net assets (ZAC5.39 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 SEA book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Spear REIT Ltd Tangible Net Worth Ratio (2017–2026)
This chart shows how Spear REIT Ltd's Tangible Net Worth Ratio has changed across 10 annual periods from 2017 to 2026. As of February 2026, the ratio stands at 100.0%, reflecting net assets of ZAC5.39 Billion with intangible assets of ZAC0.00 ZAC. Also explore net asset momentum of Spear REIT Ltd to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Spear REIT Ltd (2017–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Spear REIT Ltd 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 Spear REIT Ltd (SEA) total market value.
| Year | Tangible NW Ratio | Net Assets (ZAC) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 100.0% | ZAC5.39 Billion | ZAC0.00 | ZAC7.58 Billion | ▲ +0.0 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 | — |