Cosan SA ADR (CSAN) — Tangible Net Worth Ratio
Cosan SA ADR (CSAN) has a Tangible Net Worth Ratio of 22.7% as of September 2025. This metric is calculated by deducting intangible assets ($24.78 Billion) from net assets ($32.05 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 Cosan SA ADR working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Cosan SA ADR Tangible Net Worth Ratio (2003–2024)
This chart shows how Cosan SA ADR's Tangible Net Worth Ratio has changed across 22 annual periods from 2003 to 2024. As of September 2025, the ratio stands at 22.7%, reflecting net assets of $32.05 Billion with intangible assets of $24.78 Billion USD. See Cosan SA ADR defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Cosan SA ADR (2003–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Cosan SA ADR from 2003 to 2024, 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 Cosan SA ADR market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 37.2% | $39.40 Billion | $24.75 Billion | $141.27 Billion | ▼ -4.7 pp |
| 2023 | 41.9% | $50.98 Billion | $29.60 Billion | $139.87 Billion | ▼ -15.2 pp |
| 2022 | 57.1% | $48.17 Billion | $20.66 Billion | $134.48 Billion | ▲ +14.8 pp |
| 2021 | 42.3% | $28.87 Billion | $16.65 Billion | $97.84 Billion | ▲ +20.2 pp |
| 2020 | 22.1% | $20.82 Billion | $16.22 Billion | $83.71 Billion | ▲ +0.4 pp |
| 2019 | 21.7% | $11.06 Billion | $8.66 Billion | $32.87 Billion | ▲ +3.3 pp |
| 2018 | 18.4% | $10.92 Billion | $8.91 Billion | $28.79 Billion | ▲ +1.9 pp |
| 2017 | 16.5% | $10.30 Billion | $8.60 Billion | $28.54 Billion | ▼ -2.8 pp |
| 2016 | 19.3% | $10.79 Billion | $8.71 Billion | $27.30 Billion | ▼ -10.3 pp |
| 2015 | 29.5% | $12.53 Billion | $8.83 Billion | $30.38 Billion | ▲ +0.4 pp |
| 2014 | 29.1% | $12.45 Billion | $8.82 Billion | $27.10 Billion | ▼ -1.5 pp |
| 2013 | 30.6% | $13.52 Billion | $9.37 Billion | $28.60 Billion | ▲ +6.2 pp |
| 2012 | 24.5% | $13.40 Billion | $10.12 Billion | $33.80 Billion | ▼ -55.1 pp |
| 2011 | 79.5% | $9.62 Billion | $1.97 Billion | $22.12 Billion | ▼ -11.5 pp |
| 2010 | 91.0% | $6.78 Billion | $609.53 Million | $18.74 Billion | ▲ +8.3 pp |
| 2009 | 82.7% | $3.47 Billion | $600.57 Million | $8.74 Billion | ▲ +8.1 pp |
| 2008 | 74.6% | $3.70 Billion | $938.83 Million | $11.88 Billion | ▲ +9.3 pp |
| 2007 | 65.3% | $3.34 Billion | $1.16 Billion | $7.39 Billion | ▼ -34.7 pp |
| 2006 | 100.0% | $1.67 Billion | $0.00 | $6.26 Billion | ▲ +0.0 pp |
| 2005 | 100.0% | $1.37 Billion | $0.00 | $5.66 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | $766.34 Million | $0.00 | $2.72 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | $634.33 Million | $0.00 | $2.50 Billion | — |