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. See Trustco Group Holdings (TTO) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
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. See Trustco Group Holdings defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see TTO market cap.
| 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 | — |