Vodacom Group Ltd (VOD) — Tangible Net Worth Ratio

Latest as of March 2026: 100.0%

Vodacom Group Ltd (VOD) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets (ZAC0.00) from net assets (ZAC107.23 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 VOD book value for net asset value and shareholders' equity analysis.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

ZAC107.23 Billion
ZAC

Intangible Assets

ZAC0.00
Goodwill, patents, brand value

Total Assets

ZAC276.43 Billion
ZAC

Vodacom Group Ltd Tangible Net Worth Ratio (2004–2026)

This chart shows how Vodacom Group Ltd's Tangible Net Worth Ratio has changed across 23 annual periods from 2004 to 2026. As of March 2026, the ratio stands at 100.0%, reflecting net assets of ZAC107.23 Billion with intangible assets of ZAC0.00 ZAC. Also explore Vodacom Group Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Vodacom Group Ltd (2004–2026)

The table below presents the year-by-year Tangible Net Worth Ratio for Vodacom Group Ltd from 2004 to 2026, 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 VOD company net worth.

Year Tangible NW Ratio Net Assets (ZAC) Intangible Assets Total Assets Change (pp)
2026 100.0% ZAC107.23 Billion ZAC0.00 ZAC276.43 Billion ▲ +28.8 pp
2025 71.2% ZAC103.65 Billion ZAC29.88 Billion ZAC249.98 Billion ▼ -1.9 pp
2024 73.1% ZAC103.83 Billion ZAC27.92 Billion ZAC240.61 Billion ▼ -3.0 pp
2023 76.1% ZAC97.43 Billion ZAC23.33 Billion ZAC228.31 Billion ▼ -11.3 pp
2022 87.4% ZAC85.47 Billion ZAC10.78 Billion ZAC177.97 Billion ▼ -1.0 pp
2021 88.4% ZAC85.69 Billion ZAC9.91 Billion ZAC171.98 Billion ▼ -1.5 pp
2020 89.9% ZAC100.07 Billion ZAC10.07 Billion ZAC190.22 Billion ▼ -0.6 pp
2019 90.6% ZAC86.39 Billion ZAC8.16 Billion ZAC153.64 Billion ▼ -0.4 pp
2018 91.0% ZAC70.65 Billion ZAC6.39 Billion ZAC131.37 Billion ▲ +19.2 pp
2017 71.8% ZAC23.00 Billion ZAC6.50 Billion ZAC81.14 Billion ▲ +1.5 pp
2016 70.3% ZAC23.02 Billion ZAC6.84 Billion ZAC78.70 Billion ▼ -5.2 pp
2015 75.5% ZAC21.64 Billion ZAC5.30 Billion ZAC71.31 Billion ▼ -9.7 pp
2014 85.2% ZAC23.74 Billion ZAC3.51 Billion ZAC60.74 Billion ▲ +1.6 pp
2013 83.6% ZAC21.22 Billion ZAC3.48 Billion ZAC55.59 Billion ▲ +10.7 pp
2012 72.9% ZAC18.93 Billion ZAC5.12 Billion ZAC48.23 Billion ▲ +5.2 pp
2011 67.8% ZAC16.18 Billion ZAC5.21 Billion ZAC41.44 Billion ▲ +13.4 pp
2010 54.4% ZAC14.64 Billion ZAC6.67 Billion ZAC41.69 Billion ▲ +32.5 pp
2009 21.9% ZAC15.10 Billion ZAC11.79 Billion ZAC47.36 Billion ▼ -42.3 pp
2008 64.2% ZAC11.81 Billion ZAC4.22 Billion ZAC34.18 Billion ▼ -17.4 pp
2007 81.7% ZAC9.65 Billion ZAC1.77 Billion ZAC28.47 Billion ▼ -18.3 pp
2006 100.0% ZAC8.67 Billion ZAC0.00 ZAC24.77 Billion ▲ +0.0 pp
2005 100.0% ZAC7.89 Billion ZAC0.00 ZAC22.59 Billion ▲ +0.0 pp
2004 100.0% ZAC7.60 Billion ZAC0.00 ZAC20.17 Billion
pp = percentage points