Sanlam Ltd (SLM) — Tangible Net Worth Ratio
Sanlam Ltd (SLM) has a Tangible Net Worth Ratio of 96.3% as of June 2025. This metric is calculated by deducting intangible assets (ZAC4.02 Billion) from net assets (ZAC109.43 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. Also explore Sanlam Ltd net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Sanlam Ltd Tangible Net Worth Ratio (2002–2024)
This chart shows how Sanlam Ltd's Tangible Net Worth Ratio has changed across 23 annual periods from 2002 to 2024. As of June 2025, the ratio stands at 96.3%, reflecting net assets of ZAC109.43 Billion with intangible assets of ZAC4.02 Billion ZAC. Check how strategically is Sanlam Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for Sanlam Ltd (2002–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Sanlam Ltd from 2002 to 2024, covering 23 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 live market cap and overall valuation, see SLM stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (ZAC) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 96.0% | ZAC110.16 Billion | ZAC4.37 Billion | ZAC1.13 Trillion | ▼ -0.5 pp |
| 2023 | 96.6% | ZAC96.91 Billion | ZAC3.33 Billion | ZAC990.45 Billion | ▼ -1.7 pp |
| 2022 | 98.2% | ZAC84.94 Billion | ZAC1.49 Billion | ZAC1.01 Trillion | ▲ +4.8 pp |
| 2021 | 93.4% | ZAC82.90 Billion | ZAC5.46 Billion | ZAC1.06 Trillion | ▲ +2.4 pp |
| 2020 | 91.0% | ZAC77.22 Billion | ZAC6.92 Billion | ZAC943.80 Billion | ▲ +3.3 pp |
| 2019 | 87.8% | ZAC79.36 Billion | ZAC9.69 Billion | ZAC900.23 Billion | ▲ +1.3 pp |
| 2018 | 86.4% | ZAC81.62 Billion | ZAC11.07 Billion | ZAC815.60 Billion | ▼ -9.7 pp |
| 2017 | 96.1% | ZAC63.44 Billion | ZAC2.45 Billion | ZAC733.58 Billion | ▼ -0.2 pp |
| 2016 | 96.3% | ZAC59.09 Billion | ZAC2.18 Billion | ZAC672.56 Billion | ▲ +0.3 pp |
| 2015 | 96.0% | ZAC60.19 Billion | ZAC2.43 Billion | ZAC674.51 Billion | ▲ +0.8 pp |
| 2014 | 95.2% | ZAC51.23 Billion | ZAC2.48 Billion | ZAC611.25 Billion | ▼ -1.0 pp |
| 2013 | 96.2% | ZAC44.62 Billion | ZAC1.70 Billion | ZAC561.30 Billion | ▲ +0.4 pp |
| 2012 | 95.8% | ZAC39.89 Billion | ZAC1.66 Billion | ZAC443.56 Billion | ▼ -4.0 pp |
| 2011 | 99.9% | ZAC36.87 Billion | ZAC47.00 Million | ZAC382.20 Billion | ▼ 0.0 pp |
| 2010 | 99.9% | ZAC34.39 Billion | ZAC39.00 Million | ZAC361.19 Billion | ▲ +0.0 pp |
| 2009 | 99.9% | ZAC32.67 Billion | ZAC45.00 Million | ZAC334.83 Billion | ▼ -0.1 pp |
| 2008 | 100.0% | ZAC30.25 Billion | ZAC0.00 | ZAC317.91 Billion | ▲ +0.0 pp |
| 2007 | 100.0% | ZAC31.55 Billion | ZAC0.00 | ZAC340.26 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | ZAC33.05 Billion | ZAC0.00 | ZAC335.48 Billion | ▲ +0.0 pp |
| 2005 | 100.0% | ZAC28.46 Billion | ZAC0.00 | ZAC276.71 Billion | ▲ +6.1 pp |
| 2004 | 93.9% | ZAC30.44 Billion | ZAC1.86 Billion | ZAC228.02 Billion | ▼ -6.1 pp |
| 2003 | 100.0% | ZAC23.62 Billion | ZAC0.00 | ZAC196.06 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | ZAC22.27 Billion | ZAC0.00 | ZAC183.56 Billion | — |