PZ Cussons PLC (PZC) — Tangible Net Worth Ratio
PZ Cussons PLC (PZC) has a Tangible Net Worth Ratio of -8.3% as of November 2025. This metric is calculated by deducting intangible assets (GBX253.20 Million) from net assets (GBX233.80 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 PZ Cussons PLC (PZC) net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
PZ Cussons PLC Tangible Net Worth Ratio (1986–2025)
This chart shows how PZ Cussons PLC's Tangible Net Worth Ratio has changed across 40 annual periods from 1986 to 2025. As of November 2025, the ratio stands at -8.3%, reflecting net assets of GBX233.80 Million with intangible assets of GBX253.20 Million GBX. Also explore PZC year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for PZ Cussons PLC (1986–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for PZ Cussons PLC from 1986 to 2025, covering 40 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 market cap of PZ Cussons PLC.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -9.8% | GBX213.50 Million | GBX234.50 Million | GBX615.20 Million | ▼ -14.3 pp |
| 2024 | 4.5% | GBX235.20 Million | GBX224.60 Million | GBX649.60 Million | ▼ -21.4 pp |
| 2023 | 25.9% | GBX422.10 Million | GBX312.70 Million | GBX988.40 Million | ▲ +0.3 pp |
| 2022 | 25.6% | GBX448.90 Million | GBX333.90 Million | GBX941.90 Million | ▲ +3.4 pp |
| 2021 | 22.2% | GBX371.50 Million | GBX288.90 Million | GBX780.50 Million | ▼ -5.5 pp |
| 2020 | 27.7% | GBX421.20 Million | GBX304.40 Million | GBX855.00 Million | ▼ -1.8 pp |
| 2019 | 29.5% | GBX451.30 Million | GBX318.20 Million | GBX946.90 Million | ▲ +2.1 pp |
| 2018 | 27.4% | GBX463.90 Million | GBX336.60 Million | GBX1.01 Billion | ▼ -2.2 pp |
| 2017 | 29.7% | GBX483.90 Million | GBX340.30 Million | GBX1.12 Billion | ▼ -16.8 pp |
| 2016 | 46.4% | GBX549.90 Million | GBX294.60 Million | GBX1.17 Billion | ▲ +5.7 pp |
| 2015 | 40.8% | GBX497.00 Million | GBX294.40 Million | GBX1.09 Billion | ▼ -14.1 pp |
| 2014 | 54.9% | GBX536.40 Million | GBX241.90 Million | GBX1.00 Billion | ▼ -8.0 pp |
| 2013 | 62.9% | GBX546.30 Million | GBX202.90 Million | GBX1.01 Billion | ▲ +1.9 pp |
| 2012 | 61.0% | GBX519.50 Million | GBX202.60 Million | GBX930.50 Million | ▼ -3.8 pp |
| 2011 | 64.8% | GBX535.10 Million | GBX188.10 Million | GBX938.50 Million | ▼ -10.6 pp |
| 2010 | 75.4% | GBX522.10 Million | GBX128.30 Million | GBX867.10 Million | ▲ +3.6 pp |
| 2009 | 71.8% | GBX449.80 Million | GBX126.80 Million | GBX753.80 Million | ▲ +2.1 pp |
| 2008 | 69.7% | GBX405.90 Million | GBX122.90 Million | GBX704.70 Million | ▼ -15.2 pp |
| 2007 | 84.9% | GBX359.40 Million | GBX54.20 Million | GBX540.80 Million | ▲ +0.9 pp |
| 2006 | 84.0% | GBX338.40 Million | GBX54.00 Million | GBX520.30 Million | ▲ +0.5 pp |
| 2005 | 83.5% | GBX328.00 Million | GBX54.10 Million | GBX500.10 Million | ▼ -13.3 pp |
| 2004 | 96.8% | GBX305.85 Million | GBX9.73 Million | GBX434.26 Million | ▼ -0.1 pp |
| 2003 | 96.9% | GBX289.28 Million | GBX8.94 Million | GBX435.59 Million | ▼ -3.5 pp |
| 2002 | 100.5% | GBX304.84 Million | GBX-1.40 Million | GBX453.14 Million | ▼ -0.2 pp |
| 2001 | 100.7% | GBX303.88 Million | GBX-2.01 Million | GBX457.31 Million | ▲ +0.8 pp |
| 2000 | 99.8% | GBX302.45 Million | GBX539.00K | GBX442.65 Million | ▼ -0.1 pp |
| 1999 | 99.9% | GBX248.71 Million | GBX299.00K | GBX385.19 Million | ▲ +26.8 pp |
| 1998 | 73.0% | GBX222.17 Million | GBX59.91 Million | GBX384.07 Million | ▼ -5.2 pp |
| 1997 | 78.2% | GBX229.52 Million | GBX49.99 Million | GBX371.53 Million | ▲ +1.4 pp |
| 1996 | 76.8% | GBX240.08 Million | GBX55.69 Million | GBX395.16 Million | ▼ -1.6 pp |
| 1995 | 78.4% | GBX222.86 Million | GBX48.12 Million | GBX367.06 Million | ▼ -4.5 pp |
| 1994 | 82.9% | GBX234.40 Million | GBX40.16 Million | GBX376.34 Million | ▼ -0.4 pp |
| 1993 | 83.3% | GBX206.40 Million | GBX34.46 Million | GBX327.19 Million | ▲ +0.2 pp |
| 1992 | 83.1% | GBX189.90 Million | GBX32.01 Million | GBX309.07 Million | ▲ +2.4 pp |
| 1991 | 80.7% | GBX194.01 Million | GBX37.35 Million | GBX308.64 Million | ▼ -1.2 pp |
| 1990 | 81.9% | GBX191.59 Million | GBX34.59 Million | GBX309.24 Million | ▲ +0.7 pp |
| 1989 | 81.2% | GBX186.56 Million | GBX35.06 Million | GBX300.65 Million | ▲ +4.8 pp |
| 1988 | 76.4% | GBX149.47 Million | GBX35.29 Million | GBX258.51 Million | ▲ +5.2 pp |
| 1987 | 71.2% | GBX141.73 Million | GBX40.88 Million | GBX257.86 Million | ▲ +5.8 pp |
| 1986 | 65.3% | GBX125.35 Million | GBX43.45 Million | GBX251.81 Million | — |