Santam Working Capital to Net Assets Ratio
Santam working capital to net assets ratio. Santam (SNT) has a Working Capital to Net Assets ratio of -176.6% as of December 2025. Working capital of ZAC-29.28 Billion (current assets of ZAC13.39 Billion minus current liabilities of ZAC42.66 Billion) is measured against net assets of ZAC16.58 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Santam to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Santam (2002–2025)
Working capital to net assets ratio of Santam from 2002 to 2025. This chart shows how Santam's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2002 to 2025. As of December 2025, the ratio stands at -176.6%, reflecting working capital of ZAC-29.28 Billion against net assets of ZAC16.58 Billion ZAC. See SNT cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Santam Working Capital to Net Assets Ratio by Year (2002–2025)
Santam working capital to net assets ratio by year from 2002 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Santam from 2002 to 2025, covering 24 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Santam (SNT) total assets.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -176.6% | ZAC-29.28 Billion | ZAC16.58 Billion | ZAC13.39 Billion | ZAC42.66 Billion | ▼ -9.4 pp |
| 2024 | -167.2% | ZAC-23.53 Billion | ZAC14.07 Billion | ZAC19.24 Billion | ZAC42.77 Billion | ▼ -36.9 pp |
| 2023 | -130.3% | ZAC-14.86 Billion | ZAC11.41 Billion | ZAC29.83 Billion | ZAC44.69 Billion | ▼ -117.2 pp |
| 2022 | -13.1% | ZAC-1.52 Billion | ZAC11.60 Billion | ZAC5.39 Billion | ZAC6.91 Billion | ▼ -10.2 pp |
| 2021 | -2.9% | ZAC-355.00 Million | ZAC12.06 Billion | ZAC4.50 Billion | ZAC4.85 Billion | ▲ +4.1 pp |
| 2020 | -7.0% | ZAC-706.00 Million | ZAC10.09 Billion | ZAC4.38 Billion | ZAC5.09 Billion | ▼ -0.7 pp |
| 2019 | -6.3% | ZAC-638.00 Million | ZAC10.06 Billion | ZAC4.64 Billion | ZAC5.28 Billion | ▲ +18.3 pp |
| 2018 | -24.6% | ZAC-2.30 Billion | ZAC9.37 Billion | ZAC3.62 Billion | ZAC5.92 Billion | ▼ -16.6 pp |
| 2017 | -8.0% | ZAC-632.00 Million | ZAC7.92 Billion | ZAC4.32 Billion | ZAC4.95 Billion | ▼ -10.1 pp |
| 2016 | 2.1% | ZAC155.00 Million | ZAC7.34 Billion | ZAC4.25 Billion | ZAC4.09 Billion | ▼ -23.8 pp |
| 2015 | 26.0% | ZAC2.22 Billion | ZAC8.55 Billion | ZAC5.63 Billion | ZAC3.41 Billion | ▲ +2.6 pp |
| 2014 | 23.3% | ZAC1.74 Billion | ZAC7.44 Billion | ZAC4.45 Billion | ZAC2.72 Billion | ▲ +4.9 pp |
| 2013 | 18.5% | ZAC1.21 Billion | ZAC6.53 Billion | ZAC3.77 Billion | ZAC2.56 Billion | ▼ -8.3 pp |
| 2012 | 26.7% | ZAC1.50 Billion | ZAC5.62 Billion | ZAC3.39 Billion | ZAC1.89 Billion | ▼ -18.9 pp |
| 2011 | 45.6% | ZAC2.80 Billion | ZAC6.14 Billion | ZAC4.63 Billion | ZAC1.83 Billion | ▼ -28.9 pp |
| 2010 | 74.5% | ZAC3.89 Billion | ZAC5.22 Billion | ZAC5.78 Billion | ZAC1.89 Billion | ▼ -13.8 pp |
| 2009 | 88.3% | ZAC4.36 Billion | ZAC4.94 Billion | ZAC5.93 Billion | ZAC1.57 Billion | ▲ +15.7 pp |
| 2008 | 72.7% | ZAC3.20 Billion | ZAC4.40 Billion | ZAC5.03 Billion | ZAC1.83 Billion | ▲ +25.9 pp |
| 2007 | 46.7% | ZAC1.95 Billion | ZAC4.18 Billion | ZAC3.44 Billion | ZAC1.49 Billion | ▼ -11.5 pp |
| 2006 | 58.2% | ZAC3.93 Billion | ZAC6.75 Billion | ZAC5.14 Billion | ZAC1.21 Billion | ▼ -3.0 pp |
| 2005 | 61.2% | ZAC3.58 Billion | ZAC5.85 Billion | ZAC4.93 Billion | ZAC1.34 Billion | ▲ +3.0 pp |
| 2004 | 58.2% | ZAC3.18 Billion | ZAC5.46 Billion | ZAC3.93 Billion | ZAC747.00 Million | ▼ -0.7 pp |
| 2003 | 58.9% | ZAC2.36 Billion | ZAC4.01 Billion | ZAC3.20 Billion | ZAC840.75 Million | ▲ +5.4 pp |
| 2002 | 53.6% | ZAC1.83 Billion | ZAC3.41 Billion | ZAC2.27 Billion | ZAC443.45 Million | — |