Vunani Ltd (VUN) — Tangible Net Worth Ratio

Latest as of February 2026: 49.5%

Vunani Ltd (VUN) has a Tangible Net Worth Ratio of 49.5% as of February 2026. This metric is calculated by deducting intangible assets (ZAC213.99 Million) from net assets (ZAC423.89 Million) 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 Vunani Ltd net assets for net asset value and shareholders' equity analysis.

Tangible NW Ratio

49.5%
Tangible equity / total equity

Net Assets (Equity)

ZAC423.89 Million
ZAC

Intangible Assets

ZAC213.99 Million
Goodwill, patents, brand value

Total Assets

ZAC1.99 Billion
ZAC

Vunani Ltd Tangible Net Worth Ratio (2009–2026)

This chart shows how Vunani Ltd's Tangible Net Worth Ratio has changed across 19 annual periods from 2009 to 2026. As of February 2026, the ratio stands at 49.5%, reflecting net assets of ZAC423.89 Million with intangible assets of ZAC213.99 Million ZAC. Also explore VUN shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Vunani Ltd (2009–2026)

The table below presents the year-by-year Tangible Net Worth Ratio for Vunani Ltd from 2009 to 2026, covering 19 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 Vunani Ltd market capitalisation.

Year Tangible NW Ratio Net Assets (ZAC) Intangible Assets Total Assets Change (pp)
2026 82.5% ZAC423.89 Million ZAC74.22 Million ZAC1.99 Billion ▲ +9.8 pp
2025 72.7% ZAC361.26 Million ZAC98.78 Million ZAC1.62 Billion ▲ +5.8 pp
2024 66.8% ZAC389.86 Million ZAC129.27 Million ZAC1.35 Billion ▲ +0.0 pp
2023 66.8% ZAC403.69 Million ZAC133.86 Million ZAC1.36 Billion ▲ +2.0 pp
2022 64.8% ZAC382.35 Million ZAC134.47 Million ZAC1.25 Billion ▲ +5.7 pp
2021 59.1% ZAC333.50 Million ZAC136.31 Million ZAC1.19 Billion ▼ -16.5 pp
2020 75.6% ZAC557.76 Million ZAC135.99 Million ZAC1.62 Billion ▼ -8.4 pp
2019 84.1% ZAC477.65 Million ZAC76.16 Million ZAC798.94 Million ▲ +5.9 pp
2018 78.1% ZAC399.34 Million ZAC87.39 Million ZAC1.28 Billion ▲ +6.1 pp
2017 72.0% ZAC352.78 Million ZAC98.61 Million ZAC1.28 Billion ▼ -27.9 pp
2016 99.9% ZAC257.15 Million ZAC184.00K ZAC963.73 Million ▲ +0.0 pp
2015 99.9% ZAC257.19 Million ZAC307.00K ZAC443.92 Million ▲ +0.3 pp
2015 99.6% ZAC254.84 Million ZAC1.04 Million ZAC469.09 Million ▲ +0.7 pp
2014 98.9% ZAC208.25 Million ZAC2.21 Million ZAC433.28 Million ▼ -0.8 pp
2013 99.8% ZAC214.31 Million ZAC489.00K ZAC591.02 Million ▲ +16.5 pp
2012 83.3% ZAC212.70 Million ZAC35.59 Million ZAC798.70 Million ▼ -16.2 pp
2011 99.4% ZAC424.22 Million ZAC2.44 Million ZAC2.04 Billion ▲ +0.5 pp
2010 99.0% ZAC121.18 Million ZAC1.25 Million ZAC1.90 Billion ▲ +3.1 pp
2009 95.9% ZAC248.38 Million ZAC10.28 Million ZAC1.95 Billion
pp = percentage points