Trustco Group Holdings (TTO) — Tangible Net Worth Ratio
Trustco Group Holdings (TTO) has a Tangible Net Worth Ratio of 100.0% as of December 2023. This metric is calculated by deducting intangible assets (ZAC0.00) from net assets (ZAC1.26 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 Trustco Group Holdings 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
Trustco Group Holdings Tangible Net Worth Ratio (2009–2023)
This chart shows how Trustco Group Holdings's Tangible Net Worth Ratio has changed across 15 annual periods from 2009 to 2023. As of December 2023, the ratio stands at 100.0%, reflecting net assets of ZAC1.26 Billion with intangible assets of ZAC0.00 ZAC. For live market cap and overall valuation, see how much is Trustco Group Holdings worth.
Annual Tangible Net Worth Ratio for Trustco Group Holdings (2009–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Trustco Group Holdings from 2009 to 2023, covering 15 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 TTO 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) |
|---|---|---|---|---|---|
| 2023 | 100.0% | ZAC1.15 Billion | ZAC0.00 | ZAC3.83 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | ZAC1.83 Billion | ZAC0.00 | ZAC4.34 Billion | ▲ +25.9 pp |
| 2021 | 74.1% | ZAC397.00 Million | ZAC103.00 Million | ZAC4.55 Billion | ▼ -22.0 pp |
| 2020 | 96.1% | ZAC4.10 Billion | ZAC160.59 Million | ZAC6.21 Billion | ▲ +1.2 pp |
| 2019 | 94.9% | ZAC3.77 Billion | ZAC194.00 Million | ZAC6.73 Billion | ▼ -0.5 pp |
| 2018 | 95.3% | ZAC4.17 Billion | ZAC194.43 Million | ZAC6.37 Billion | ▲ +3.4 pp |
| 2017 | 92.0% | ZAC2.49 Billion | ZAC199.96 Million | ZAC5.16 Billion | ▲ +1.1 pp |
| 2016 | 90.8% | ZAC2.19 Billion | ZAC200.35 Million | ZAC4.01 Billion | ▲ +3.6 pp |
| 2015 | 87.3% | ZAC1.55 Billion | ZAC197.62 Million | ZAC3.16 Billion | ▲ +4.6 pp |
| 2014 | 82.7% | ZAC1.22 Billion | ZAC212.39 Million | ZAC2.54 Billion | ▲ +6.7 pp |
| 2013 | 76.0% | ZAC968.13 Million | ZAC232.65 Million | ZAC1.53 Billion | ▲ +4.6 pp |
| 2012 | 71.4% | ZAC913.30 Million | ZAC261.48 Million | ZAC1.52 Billion | ▲ +7.2 pp |
| 2011 | 64.2% | ZAC672.54 Million | ZAC240.92 Million | ZAC1.22 Billion | ▲ +1.8 pp |
| 2010 | 62.3% | ZAC517.14 Million | ZAC194.72 Million | ZAC921.10 Million | ▲ +29.3 pp |
| 2009 | 33.1% | ZAC260.84 Million | ZAC174.60 Million | ZAC635.94 Million | — |