Santam (SNT) — Tangible Net Worth Ratio
Santam (SNT) has a Tangible Net Worth Ratio of 94.4% as of June 2026. This metric is calculated by deducting intangible assets (ZAC973.00 Million) from net assets (ZAC17.44 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 how fast is Santam growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Santam Tangible Net Worth Ratio (2002–2025)
This chart shows how Santam's Tangible Net Worth Ratio has changed across 24 annual periods from 2002 to 2025. As of June 2026, the ratio stands at 94.4%, reflecting net assets of ZAC17.44 Billion with intangible assets of ZAC973.00 Million ZAC. For live market cap and overall valuation, see Santam market capitalisation.
Annual Tangible Net Worth Ratio for Santam (2002–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Santam from 2002 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. Explore SNT capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (ZAC) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 98.9% | ZAC16.58 Billion | ZAC190.00 Million | ZAC82.39 Billion | ▲ +0.3 pp |
| 2024 | 98.5% | ZAC14.07 Billion | ZAC209.00 Million | ZAC73.44 Billion | ▲ +2.4 pp |
| 2023 | 96.1% | ZAC11.41 Billion | ZAC444.00 Million | ZAC67.13 Billion | ▼ -1.1 pp |
| 2022 | 97.2% | ZAC11.60 Billion | ZAC322.00 Million | ZAC73.05 Billion | ▼ -0.3 pp |
| 2021 | 97.5% | ZAC12.06 Billion | ZAC304.00 Million | ZAC65.56 Billion | ▲ +0.3 pp |
| 2020 | 97.2% | ZAC10.09 Billion | ZAC283.00 Million | ZAC56.18 Billion | ▼ -0.1 pp |
| 2019 | 97.3% | ZAC10.06 Billion | ZAC272.00 Million | ZAC49.23 Billion | ▼ -0.4 pp |
| 2018 | 97.7% | ZAC9.37 Billion | ZAC211.00 Million | ZAC45.10 Billion | ▲ +1.0 pp |
| 2017 | 96.8% | ZAC7.92 Billion | ZAC255.00 Million | ZAC38.73 Billion | ▲ +0.7 pp |
| 2016 | 96.1% | ZAC7.34 Billion | ZAC290.00 Million | ZAC29.28 Billion | ▼ -1.3 pp |
| 2015 | 97.3% | ZAC8.55 Billion | ZAC229.00 Million | ZAC27.86 Billion | ▲ +0.7 pp |
| 2014 | 96.6% | ZAC7.44 Billion | ZAC253.00 Million | ZAC25.18 Billion | ▼ -0.3 pp |
| 2013 | 96.9% | ZAC6.53 Billion | ZAC201.00 Million | ZAC22.62 Billion | ▲ +0.6 pp |
| 2012 | 96.3% | ZAC5.62 Billion | ZAC206.00 Million | ZAC19.74 Billion | ▲ +12.5 pp |
| 2011 | 83.8% | ZAC6.14 Billion | ZAC994.00 Million | ZAC18.69 Billion | ▲ +2.7 pp |
| 2010 | 81.1% | ZAC5.22 Billion | ZAC988.00 Million | ZAC17.73 Billion | ▼ -16.0 pp |
| 2009 | 97.1% | ZAC4.94 Billion | ZAC143.00 Million | ZAC17.08 Billion | ▲ +0.6 pp |
| 2008 | 96.5% | ZAC4.40 Billion | ZAC155.00 Million | ZAC16.45 Billion | ▼ -0.3 pp |
| 2007 | 96.8% | ZAC4.18 Billion | ZAC135.00 Million | ZAC17.49 Billion | ▼ -1.6 pp |
| 2006 | 98.4% | ZAC6.75 Billion | ZAC108.00 Million | ZAC16.82 Billion | ▼ -1.6 pp |
| 2005 | 100.0% | ZAC5.85 Billion | ZAC0.00 | ZAC14.86 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | ZAC5.46 Billion | ZAC0.00 | ZAC12.53 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | ZAC4.01 Billion | ZAC0.00 | ZAC10.71 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | ZAC3.41 Billion | ZAC0.00 | ZAC8.92 Billion | — |