Grupo Aeroméxico S.A.B. de C.V (AEROMEX) — Tangible Net Worth Ratio

Latest as of March 2020: 57.5%

Grupo Aeroméxico S.A.B. de C.V (AEROMEX) has a Tangible Net Worth Ratio of 57.5% as of March 2020. This metric is calculated by deducting intangible assets (MX$2.14 Billion) from net assets (MX$5.03 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 Grupo Aeroméxico S.A.B. de C.V current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

57.5%
Tangible equity / total equity

Net Assets (Equity)

MX$5.03 Billion
MXN

Intangible Assets

MX$2.14 Billion
Goodwill, patents, brand value

Total Assets

MX$121.67 Billion
MXN

Grupo Aeroméxico S.A.B. de C.V Tangible Net Worth Ratio (2011–2019)

This chart shows how Grupo Aeroméxico S.A.B. de C.V's Tangible Net Worth Ratio has changed across 9 annual periods from 2011 to 2019. As of March 2020, the ratio stands at 57.5%, reflecting net assets of MX$5.03 Billion with intangible assets of MX$2.14 Billion MXN. See AEROMEX cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Grupo Aeroméxico S.A.B. de C.V (2011–2019)

The table below presents the year-by-year Tangible Net Worth Ratio for Grupo Aeroméxico S.A.B. de C.V from 2011 to 2019, covering 9 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 AEROMEX market cap.

Year Tangible NW Ratio Net Assets (MXN) Intangible Assets Total Assets Change (pp)
2019 65.1% MX$5.78 Billion MX$2.02 Billion MX$100.99 Billion ▼ -16.8 pp
2018 81.9% MX$11.65 Billion MX$2.11 Billion MX$76.77 Billion ▼ -0.7 pp
2017 82.6% MX$12.99 Billion MX$2.26 Billion MX$76.90 Billion ▼ -8.9 pp
2016 91.5% MX$14.32 Billion MX$1.21 Billion MX$70.84 Billion ▲ +0.2 pp
2015 91.4% MX$10.77 Billion MX$928.00 Million MX$49.88 Billion ▼ -0.5 pp
2014 91.9% MX$9.23 Billion MX$748.33 Million MX$38.21 Billion ▼ -1.6 pp
2013 93.5% MX$8.23 Billion MX$535.96 Million MX$32.30 Billion ▲ +9.4 pp
2012 84.1% MX$7.28 Billion MX$1.16 Billion MX$28.18 Billion ▼ -12.1 pp
2011 96.2% MX$5.12 Billion MX$195.07 Million MX$21.73 Billion
pp = percentage points