Karooooo Ltd (KARO) — Tangible Net Worth Ratio
Karooooo Ltd (KARO) has a Tangible Net Worth Ratio of 97.7% as of May 2026. This metric is calculated by deducting intangible assets ($85.11 Million) from net assets ($3.63 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. Also explore net asset growth rate of Karooooo Ltd to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Karooooo Ltd Tangible Net Worth Ratio (2019–2026)
This chart shows how Karooooo Ltd's Tangible Net Worth Ratio has changed across 8 annual periods from 2019 to 2026. As of May 2026, the ratio stands at 97.7%, reflecting net assets of $3.63 Billion with intangible assets of $85.11 Million USD. For live market cap and overall valuation, see Karooooo Ltd stock valuation.
Annual Tangible Net Worth Ratio for Karooooo Ltd (2019–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Karooooo Ltd from 2019 to 2026, covering 8 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. Explore Karooooo Ltd (KARO) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 97.5% | $3.36 Billion | $82.45 Million | $5.85 Billion | ▲ +0.1 pp |
| 2025 | 97.4% | $3.26 Billion | $83.35 Million | $5.10 Billion | ▲ +0.2 pp |
| 2024 | 97.2% | $2.98 Billion | $82.49 Million | $4.27 Billion | ▲ +0.4 pp |
| 2023 | 96.8% | $2.67 Billion | $84.90 Million | $3.72 Billion | ▲ +0.4 pp |
| 2022 | 96.5% | $2.14 Billion | $75.71 Million | $3.04 Billion | ▲ +1.1 pp |
| 2021 | 95.4% | $1.26 Billion | $58.15 Million | $2.86 Billion | ▼ -1.3 pp |
| 2020 | 96.7% | $1.20 Billion | $39.90 Million | $1.81 Billion | ▼ -1.1 pp |
| 2019 | 97.8% | $837.54 Million | $18.46 Million | $1.53 Billion | — |