Frasers Group PLC (FRAS) — Tangible Net Worth Ratio
Frasers Group PLC (FRAS) has a Tangible Net Worth Ratio of 88.7% as of October 2025. This metric is calculated by deducting intangible assets (GBX270.00 Million) from net assets (GBX2.39 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 Frasers Group PLC (FRAS) 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
Frasers Group PLC Tangible Net Worth Ratio (2004–2025)
This chart shows how Frasers Group PLC's Tangible Net Worth Ratio has changed across 22 annual periods from 2004 to 2025. As of October 2025, the ratio stands at 88.7%, reflecting net assets of GBX2.39 Billion with intangible assets of GBX270.00 Million GBX. See operational self-sufficiency of Frasers Group PLC to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Frasers Group PLC (2004–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Frasers Group PLC from 2004 to 2025, covering 22 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 FRAS company net worth.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 98.6% | GBX1.99 Billion | GBX28.10 Million | GBX5.13 Billion | ▲ +0.3 pp |
| 2024 | 98.3% | GBX1.87 Billion | GBX32.30 Million | GBX4.45 Billion | ▼ -0.3 pp |
| 2023 | 98.5% | GBX1.66 Billion | GBX24.10 Million | GBX4.29 Billion | ▲ +7.8 pp |
| 2022 | 90.8% | GBX1.31 Billion | GBX120.60 Million | GBX4.14 Billion | ▲ +0.7 pp |
| 2021 | 90.0% | GBX1.21 Billion | GBX120.50 Million | GBX3.79 Billion | ▲ +1.3 pp |
| 2020 | 88.8% | GBX1.28 Billion | GBX143.40 Million | GBX3.87 Billion | ▼ -3.6 pp |
| 2019 | 92.4% | GBX1.25 Billion | GBX95.70 Million | GBX3.15 Billion | ▲ +0.8 pp |
| 2018 | 91.6% | GBX1.20 Billion | GBX101.00 Million | GBX2.89 Billion | ▼ -0.5 pp |
| 2017 | 92.1% | GBX1.24 Billion | GBX97.80 Million | GBX2.45 Billion | ▼ -1.2 pp |
| 2016 | 93.3% | GBX1.38 Billion | GBX93.20 Million | GBX2.36 Billion | ▲ +1.8 pp |
| 2015 | 91.5% | GBX1.16 Billion | GBX98.83 Million | GBX1.77 Billion | ▲ +3.9 pp |
| 2014 | 87.6% | GBX817.55 Million | GBX101.56 Million | GBX1.70 Billion | ▲ +4.7 pp |
| 2013 | 82.8% | GBX644.68 Million | GBX110.61 Million | GBX1.41 Billion | ▲ +4.8 pp |
| 2012 | 78.1% | GBX471.88 Million | GBX103.42 Million | GBX1.13 Billion | ▲ +3.5 pp |
| 2011 | 74.5% | GBX331.13 Million | GBX84.32 Million | GBX916.19 Million | ▲ +9.5 pp |
| 2010 | 65.1% | GBX259.71 Million | GBX90.74 Million | GBX960.38 Million | ▲ +26.1 pp |
| 2009 | 39.0% | GBX153.68 Million | GBX93.74 Million | GBX977.62 Million | ▲ +2.0 pp |
| 2008 | 37.0% | GBX128.41 Million | GBX80.91 Million | GBX969.74 Million | ▼ -52.5 pp |
| 2007 | 89.5% | GBX280.80 Million | GBX29.39 Million | GBX943.61 Million | ▲ +6.5 pp |
| 2006 | 83.0% | GBX291.20 Million | GBX49.36 Million | GBX668.30 Million | ▲ +11.3 pp |
| 2005 | 71.8% | GBX222.55 Million | GBX62.85 Million | GBX504.79 Million | ▲ +3.2 pp |
| 2004 | 68.5% | GBX161.26 Million | GBX50.75 Million | GBX407.43 Million | — |