Tongaat (TON) — Working Capital to Net Assets Ratio
Tongaat (TON) has a Working Capital to Net Assets ratio of -196.2% as of September 2022. Working capital of ZAC565.00 Million (current assets of ZAC4.21 Billion minus current liabilities of ZAC3.64 Billion) is measured against net assets of ZAC-288.00 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see Tongaat balance sheet assets.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tongaat Working Capital to Net Assets (2003–2022)
This chart shows how Tongaat's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2003 to 2022. As of September 2022, the ratio stands at -196.2%, reflecting working capital of ZAC565.00 Million against net assets of ZAC-288.00 Million ZAC. Explore TON capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Working Capital to Net Assets for Tongaat (2003–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tongaat from 2003 to 2022, covering 20 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. Explore Tongaat long-term investment allocation to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | -196.2% | ZAC1.13 Billion | ZAC-576.00 Million | ZAC8.42 Billion | ZAC7.29 Billion | ▼ -5946.2 pp |
| 2021 | 5750.0% | ZAC-3.10 Billion | ZAC-54.00 Million | ZAC7.39 Billion | ZAC10.50 Billion | ▲ +5342.6 pp |
| 2020 | 407.4% | ZAC-6.50 Billion | ZAC-1.59 Billion | ZAC10.43 Billion | ZAC16.93 Billion | ▲ +150.1 pp |
| 2019 | 257.3% | ZAC-7.65 Billion | ZAC-2.97 Billion | ZAC7.90 Billion | ZAC15.55 Billion | ▲ +217.3 pp |
| 2018 | 40.0% | ZAC4.80 Billion | ZAC12.01 Billion | ZAC13.69 Billion | ZAC8.89 Billion | ▼ -6.7 pp |
| 2017 | 46.7% | ZAC5.95 Billion | ZAC12.74 Billion | ZAC12.87 Billion | ZAC6.92 Billion | ▲ +27.8 pp |
| 2016 | 18.9% | ZAC2.94 Billion | ZAC15.53 Billion | ZAC10.12 Billion | ZAC7.18 Billion | ▼ -4.3 pp |
| 2015 | 23.3% | ZAC3.20 Billion | ZAC13.78 Billion | ZAC8.03 Billion | ZAC4.82 Billion | ▲ +1.9 pp |
| 2014 | 21.4% | ZAC2.61 Billion | ZAC12.19 Billion | ZAC6.78 Billion | ZAC4.17 Billion | ▲ +12.7 pp |
| 2013 | 8.6% | ZAC843.00 Million | ZAC9.75 Billion | ZAC5.58 Billion | ZAC4.74 Billion | ▲ +19.5 pp |
| 2012 | -10.8% | ZAC-845.00 Million | ZAC7.80 Billion | ZAC4.43 Billion | ZAC5.28 Billion | ▲ +13.1 pp |
| 2011 | -23.9% | ZAC-1.35 Billion | ZAC5.64 Billion | ZAC3.52 Billion | ZAC4.87 Billion | ▼ -8.2 pp |
| 2010 | -15.8% | ZAC-859.00 Million | ZAC5.44 Billion | ZAC3.36 Billion | ZAC4.22 Billion | ▼ -22.7 pp |
| 2009 | 6.9% | ZAC230.00 Million | ZAC3.33 Billion | ZAC3.59 Billion | ZAC3.36 Billion | ▼ -28.0 pp |
| 2008 | 34.9% | ZAC1.03 Billion | ZAC2.96 Billion | ZAC3.55 Billion | ZAC2.51 Billion | ▲ +7.2 pp |
| 2007 | 27.7% | ZAC1.39 Billion | ZAC5.03 Billion | ZAC4.02 Billion | ZAC2.62 Billion | ▼ -3.8 pp |
| 2006 | 31.5% | ZAC1.48 Billion | ZAC4.69 Billion | ZAC3.36 Billion | ZAC1.88 Billion | ▲ +2.7 pp |
| 2005 | 28.8% | ZAC1.26 Billion | ZAC4.36 Billion | ZAC3.56 Billion | ZAC2.30 Billion | ▲ +1.5 pp |
| 2004 | 27.3% | ZAC1.15 Billion | ZAC4.19 Billion | ZAC3.71 Billion | ZAC2.56 Billion | ▼ -16.7 pp |
| 2003 | 44.1% | ZAC2.00 Billion | ZAC4.55 Billion | ZAC3.81 Billion | ZAC1.80 Billion | — |