Trencor (TRE) — Tangible Net Worth Ratio
Trencor (TRE) has a Tangible Net Worth Ratio of 100.0% as of December 2024. This metric is calculated by deducting intangible assets (ZAC0.00) from net assets (ZAC1.46 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 TRE working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Trencor Tangible Net Worth Ratio (2002–2024)
This chart shows how Trencor's Tangible Net Worth Ratio has changed across 23 annual periods from 2002 to 2024. As of December 2024, the ratio stands at 100.0%, reflecting net assets of ZAC1.46 Billion with intangible assets of ZAC0.00 ZAC. See TRE defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Trencor (2002–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Trencor 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 the full company profile including market capitalisation, see Trencor (TRE) total market value.
| Year | Tangible NW Ratio | Net Assets (ZAC) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | ZAC1.46 Billion | ZAC0.00 | ZAC1.47 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | ZAC1.41 Billion | ZAC0.00 | ZAC1.42 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | ZAC1.28 Billion | ZAC0.00 | ZAC1.29 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | ZAC1.21 Billion | ZAC0.00 | ZAC1.22 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | ZAC1.14 Billion | ZAC0.00 | ZAC1.15 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | ZAC2.13 Billion | ZAC0.00 | ZAC2.33 Billion | ▲ +0.0 pp |
| 2018 | 100.0% | ZAC6.23 Billion | ZAC0.00 | ZAC8.40 Billion | ▲ +1.2 pp |
| 2017 | 98.8% | ZAC12.44 Billion | ZAC145.00 Million | ZAC52.31 Billion | ▲ +0.3 pp |
| 2016 | 98.5% | ZAC14.42 Billion | ZAC217.00 Million | ZAC57.12 Billion | ▼ 0.0 pp |
| 2015 | 98.5% | ZAC21.26 Billion | ZAC314.00 Million | ZAC70.59 Billion | ▲ +0.2 pp |
| 2014 | 98.3% | ZAC17.22 Billion | ZAC288.00 Million | ZAC53.93 Billion | ▲ +0.4 pp |
| 2013 | 97.9% | ZAC14.56 Billion | ZAC305.00 Million | ZAC44.63 Billion | ▲ +0.5 pp |
| 2012 | 97.4% | ZAC11.04 Billion | ZAC283.00 Million | ZAC30.91 Billion | ▲ +2.9 pp |
| 2011 | 94.6% | ZAC6.98 Billion | ZAC380.00 Million | ZAC20.32 Billion | ▲ +1.3 pp |
| 2010 | 93.3% | ZAC5.95 Billion | ZAC400.00 Million | ZAC13.36 Billion | ▲ +6.6 pp |
| 2009 | 86.7% | ZAC5.75 Billion | ZAC764.00 Million | ZAC11.96 Billion | ▼ -13.3 pp |
| 2008 | 100.0% | ZAC6.62 Billion | ZAC0.00 | ZAC14.46 Billion | ▲ +10.3 pp |
| 2007 | 89.7% | ZAC4.61 Billion | ZAC476.80 Million | ZAC10.09 Billion | ▼ -6.4 pp |
| 2006 | 96.0% | ZAC3.44 Billion | ZAC136.20 Million | ZAC11.59 Billion | ▼ -3.4 pp |
| 2005 | 99.4% | ZAC2.81 Billion | ZAC16.70 Million | ZAC9.38 Billion | ▲ +0.1 pp |
| 2004 | 99.3% | ZAC2.03 Billion | ZAC14.70 Million | ZAC8.20 Billion | ▲ +0.7 pp |
| 2003 | 98.5% | ZAC1.51 Billion | ZAC21.90 Million | ZAC7.48 Billion | ▼ -0.9 pp |
| 2002 | 99.4% | ZAC1.73 Billion | ZAC10.40 Million | ZAC8.97 Billion | — |