Truworths International Ltd (TRU) — Tangible Net Worth Ratio
Truworths International Ltd (TRU) has a Tangible Net Worth Ratio of 86.1% as of December 2025. This metric is calculated by deducting intangible assets (ZAC1.51 Billion) from net assets (ZAC10.88 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 how liquid is Truworths International Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Truworths International Ltd Tangible Net Worth Ratio (2002–2025)
This chart shows how Truworths International Ltd's Tangible Net Worth Ratio has changed across 24 annual periods from 2002 to 2025. As of December 2025, the ratio stands at 86.1%, reflecting net assets of ZAC10.88 Billion with intangible assets of ZAC1.51 Billion ZAC. See Truworths International Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Truworths International Ltd (2002–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Truworths International Ltd 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. For the full company profile including market capitalisation, see TRU company net worth.
| Year | Tangible NW Ratio | Net Assets (ZAC) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 84.9% | ZAC10.73 Billion | ZAC1.62 Billion | ZAC19.90 Billion | ▲ +1.0 pp |
| 2024 | 83.9% | ZAC9.51 Billion | ZAC1.53 Billion | ZAC18.65 Billion | ▼ -8.4 pp |
| 2023 | 92.3% | ZAC7.65 Billion | ZAC590.00 Million | ZAC16.13 Billion | ▲ +1.1 pp |
| 2022 | 91.2% | ZAC6.11 Billion | ZAC539.00 Million | ZAC13.49 Billion | ▲ +0.1 pp |
| 2021 | 91.1% | ZAC6.19 Billion | ZAC551.00 Million | ZAC12.52 Billion | ▲ +0.6 pp |
| 2020 | 90.5% | ZAC6.01 Billion | ZAC569.00 Million | ZAC14.28 Billion | ▲ +19.0 pp |
| 2019 | 71.5% | ZAC9.18 Billion | ZAC2.62 Billion | ZAC13.36 Billion | ▲ +2.6 pp |
| 2018 | 68.9% | ZAC10.37 Billion | ZAC3.23 Billion | ZAC15.49 Billion | ▲ +1.0 pp |
| 2017 | 67.9% | ZAC9.45 Billion | ZAC3.04 Billion | ZAC16.14 Billion | ▲ +10.0 pp |
| 2016 | 57.9% | ZAC8.62 Billion | ZAC3.63 Billion | ZAC17.06 Billion | ▼ -39.2 pp |
| 2015 | 97.1% | ZAC7.50 Billion | ZAC217.00 Million | ZAC9.16 Billion | ▼ -1.3 pp |
| 2014 | 98.4% | ZAC6.64 Billion | ZAC106.00 Million | ZAC8.08 Billion | ▲ +0.1 pp |
| 2013 | 98.3% | ZAC6.22 Billion | ZAC103.00 Million | ZAC7.27 Billion | ▼ -0.1 pp |
| 2012 | 98.4% | ZAC5.98 Billion | ZAC94.00 Million | ZAC6.92 Billion | ▼ 0.0 pp |
| 2011 | 98.5% | ZAC5.05 Billion | ZAC77.00 Million | ZAC6.22 Billion | ▼ 0.0 pp |
| 2010 | 98.5% | ZAC4.37 Billion | ZAC65.00 Million | ZAC5.41 Billion | ▼ -0.1 pp |
| 2009 | 98.6% | ZAC3.55 Billion | ZAC48.00 Million | ZAC4.51 Billion | ▲ +0.5 pp |
| 2008 | 98.2% | ZAC2.92 Billion | ZAC53.00 Million | ZAC3.90 Billion | ▲ +0.5 pp |
| 2007 | 97.7% | ZAC2.40 Billion | ZAC55.00 Million | ZAC3.34 Billion | ▲ +1.5 pp |
| 2006 | 96.2% | ZAC1.91 Billion | ZAC73.00 Million | ZAC2.63 Billion | ▼ -3.8 pp |
| 2005 | 100.0% | ZAC1.82 Billion | ZAC0.00 | ZAC2.58 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | ZAC1.50 Billion | ZAC0.00 | ZAC2.09 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | ZAC1.34 Billion | ZAC0.00 | ZAC1.84 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | ZAC1.06 Billion | ZAC0.00 | ZAC1.42 Billion | — |