Tiger Brands Ltd Working Capital to Net Assets Ratio
Tiger Brands Ltd working capital to net assets ratio. Tiger Brands Ltd (TBS) has a Working Capital to Net Assets ratio of 46.9% as of September 2025. Working capital of ZAC8.09 Billion (current assets of ZAC17.06 Billion minus current liabilities of ZAC8.97 Billion) is measured against net assets of ZAC17.24 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Tiger Brands Ltd tangible net worth ratio 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 Tiger Brands Ltd (2001–2025)
Working capital to net assets ratio of Tiger Brands Ltd from 2001 to 2025. This chart shows how Tiger Brands Ltd's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2001 to 2025. As of September 2025, the ratio stands at 46.9%, reflecting working capital of ZAC8.09 Billion against net assets of ZAC17.24 Billion ZAC. See Tiger Brands Ltd (TBS) defensive interval to measure how many days the company can operate on defensive assets alone.
Tiger Brands Ltd Working Capital to Net Assets Ratio by Year (2001–2025)
Tiger Brands Ltd working capital to net assets ratio by year from 2001 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Tiger Brands Ltd from 2001 to 2025, covering 25 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 TBS asset base.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 46.9% | ZAC8.09 Billion | ZAC17.24 Billion | ZAC17.06 Billion | ZAC8.97 Billion | ▲ +13.9 pp |
| 2024 | 33.0% | ZAC6.01 Billion | ZAC18.20 Billion | ZAC13.34 Billion | ZAC7.34 Billion | ▼ -2.6 pp |
| 2023 | 35.6% | ZAC6.16 Billion | ZAC17.30 Billion | ZAC12.92 Billion | ZAC6.76 Billion | ▲ +5.3 pp |
| 2022 | 30.3% | ZAC4.76 Billion | ZAC15.69 Billion | ZAC12.20 Billion | ZAC7.44 Billion | ▼ -3.9 pp |
| 2021 | 34.2% | ZAC5.38 Billion | ZAC15.70 Billion | ZAC11.36 Billion | ZAC5.98 Billion | ▼ -3.6 pp |
| 2020 | 37.9% | ZAC5.98 Billion | ZAC15.79 Billion | ZAC11.45 Billion | ZAC5.47 Billion | ▲ +2.4 pp |
| 2019 | 35.5% | ZAC5.46 Billion | ZAC15.41 Billion | ZAC11.24 Billion | ZAC5.77 Billion | ▲ +4.8 pp |
| 2018 | 30.7% | ZAC5.36 Billion | ZAC17.47 Billion | ZAC10.76 Billion | ZAC5.40 Billion | ▲ +0.9 pp |
| 2017 | 29.8% | ZAC5.08 Billion | ZAC17.06 Billion | ZAC11.03 Billion | ZAC5.95 Billion | ▲ +1.1 pp |
| 2016 | 28.6% | ZAC4.59 Billion | ZAC16.03 Billion | ZAC11.10 Billion | ZAC6.51 Billion | ▲ +9.8 pp |
| 2015 | 18.9% | ZAC2.60 Billion | ZAC13.78 Billion | ZAC11.62 Billion | ZAC9.02 Billion | ▲ +9.1 pp |
| 2014 | 9.7% | ZAC1.36 Billion | ZAC13.95 Billion | ZAC10.73 Billion | ZAC9.37 Billion | ▼ -2.6 pp |
| 2013 | 12.3% | ZAC1.72 Billion | ZAC13.91 Billion | ZAC10.74 Billion | ZAC9.03 Billion | ▼ -9.6 pp |
| 2012 | 21.9% | ZAC2.56 Billion | ZAC11.70 Billion | ZAC7.78 Billion | ZAC5.22 Billion | ▲ +2.8 pp |
| 2011 | 19.1% | ZAC1.96 Billion | ZAC10.25 Billion | ZAC6.69 Billion | ZAC4.74 Billion | ▼ -18.0 pp |
| 2010 | 37.1% | ZAC3.19 Billion | ZAC8.60 Billion | ZAC6.70 Billion | ZAC3.50 Billion | ▼ -1.5 pp |
| 2009 | 38.6% | ZAC2.81 Billion | ZAC7.28 Billion | ZAC6.25 Billion | ZAC3.44 Billion | ▲ +11.1 pp |
| 2008 | 27.5% | ZAC1.71 Billion | ZAC6.22 Billion | ZAC7.03 Billion | ZAC5.32 Billion | ▼ -14.4 pp |
| 2007 | 41.9% | ZAC2.51 Billion | ZAC6.00 Billion | ZAC7.49 Billion | ZAC4.98 Billion | ▲ +2.0 pp |
| 2006 | 39.9% | ZAC1.86 Billion | ZAC4.65 Billion | ZAC5.87 Billion | ZAC4.02 Billion | ▼ -8.2 pp |
| 2005 | 48.1% | ZAC1.62 Billion | ZAC3.37 Billion | ZAC5.74 Billion | ZAC4.12 Billion | ▲ +15.3 pp |
| 2004 | 32.7% | ZAC1.37 Billion | ZAC4.18 Billion | ZAC7.26 Billion | ZAC5.89 Billion | ▼ -22.9 pp |
| 2003 | 55.6% | ZAC1.93 Billion | ZAC3.47 Billion | ZAC6.65 Billion | ZAC4.72 Billion | ▼ -5.8 pp |
| 2002 | 61.4% | ZAC1.75 Billion | ZAC2.85 Billion | ZAC6.41 Billion | ZAC4.66 Billion | ▼ -16.4 pp |
| 2001 | 77.8% | ZAC1.41 Billion | ZAC1.81 Billion | ZAC6.08 Billion | ZAC4.68 Billion | — |