Tongaat (TON) — Tangible Net Worth Ratio
Tongaat (TON) has a Tangible Net Worth Ratio of 67.0% as of September 2021. This metric is calculated by deducting intangible assets (ZAC233.00 Million) from net assets (ZAC705.00 Million) 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 Tongaat current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tongaat Tangible Net Worth Ratio (2003–2018)
This chart shows how Tongaat's Tangible Net Worth Ratio has changed across 16 annual periods from 2003 to 2018. As of September 2021, the ratio stands at 67.0%, reflecting net assets of ZAC705.00 Million with intangible assets of ZAC233.00 Million ZAC. See defensive interval ratio of Tongaat to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Tongaat (2003–2018)
The table below presents the year-by-year Tangible Net Worth Ratio for Tongaat from 2003 to 2018, covering 16 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 Tongaat stock valuation.
| Year | Tangible NW Ratio | Net Assets (ZAC) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2018 | 96.3% | ZAC12.01 Billion | ZAC447.00 Million | ZAC29.11 Billion | ▼ -0.8 pp |
| 2017 | 97.1% | ZAC12.74 Billion | ZAC366.00 Million | ZAC27.95 Billion | ▼ -1.5 pp |
| 2016 | 98.6% | ZAC15.53 Billion | ZAC212.00 Million | ZAC30.83 Billion | ▼ -0.9 pp |
| 2015 | 99.5% | ZAC13.78 Billion | ZAC64.00 Million | ZAC26.54 Billion | ▲ +0.1 pp |
| 2014 | 99.4% | ZAC12.19 Billion | ZAC70.00 Million | ZAC23.98 Billion | ▲ +0.2 pp |
| 2013 | 99.2% | ZAC9.75 Billion | ZAC78.00 Million | ZAC21.30 Billion | ▲ +0.0 pp |
| 2012 | 99.2% | ZAC7.80 Billion | ZAC65.00 Million | ZAC17.78 Billion | ▼ -0.3 pp |
| 2011 | 99.4% | ZAC5.64 Billion | ZAC32.00 Million | ZAC14.49 Billion | ▼ -0.4 pp |
| 2010 | 99.8% | ZAC5.44 Billion | ZAC9.00 Million | ZAC13.37 Billion | ▲ +0.0 pp |
| 2009 | 99.8% | ZAC3.33 Billion | ZAC6.00 Million | ZAC9.56 Billion | ▲ +0.0 pp |
| 2008 | 99.8% | ZAC2.96 Billion | ZAC6.00 Million | ZAC7.63 Billion | ▲ +0.1 pp |
| 2007 | 99.7% | ZAC5.03 Billion | ZAC14.00 Million | ZAC9.06 Billion | ▼ 0.0 pp |
| 2006 | 99.7% | ZAC4.69 Billion | ZAC12.00 Million | ZAC7.93 Billion | ▼ -0.3 pp |
| 2005 | 100.0% | ZAC4.36 Billion | ZAC0.00 | ZAC8.16 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | ZAC4.19 Billion | ZAC0.00 | ZAC8.31 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | ZAC4.55 Billion | ZAC0.00 | ZAC8.41 Billion | — |