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. See TON net asset quality score to measure how much of total assets are equity-financed.
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. Check Tongaat tangible net worth ratio to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see Tongaat market capitalisation.
| 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 | — |