American Airlines Group (AAL) — Tangible Net Worth Ratio
American Airlines Group (AAL) has a Tangible Net Worth Ratio of -1209.4% as of September 2019. This metric is calculated by deducting intangible assets ($2.10 Billion) from net assets ($160.00 Million) 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 American Airlines Group working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
American Airlines Group Tangible Net Worth Ratio (1985–2016)
This chart shows how American Airlines Group's Tangible Net Worth Ratio has changed across 23 annual periods from 1985 to 2016. As of September 2019, the ratio stands at -1209.4%, reflecting net assets of $160.00 Million with intangible assets of $2.10 Billion USD. See American Airlines Group liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for American Airlines Group (1985–2016)
The table below presents the year-by-year Tangible Net Worth Ratio for American Airlines Group from 1985 to 2016, covering 23 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 AAL stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2016 | 42.6% | $3.79 Billion | $2.17 Billion | $51.27 Billion | ▼ -17.5 pp |
| 2015 | 60.1% | $5.63 Billion | $2.25 Billion | $48.41 Billion | ▲ +70.9 pp |
| 2014 | -10.8% | $2.02 Billion | $2.24 Billion | $43.23 Billion | ▼ -67.3 pp |
| 2007 | 56.5% | $2.66 Billion | $1.16 Billion | $28.57 Billion | ▲ +2680.4 pp |
| 2003 | -2623.9% | $46.00 Million | $1.25 Billion | $29.33 Billion | ▼ -2588.9 pp |
| 2002 | -35.0% | $957.00 Million | $1.29 Billion | $30.27 Billion | ▼ -110.3 pp |
| 2001 | 75.3% | $5.37 Billion | $1.32 Billion | $32.84 Billion | ▼ -6.5 pp |
| 2000 | 81.8% | $7.18 Billion | $1.30 Billion | $26.21 Billion | ▼ -1.6 pp |
| 1999 | 83.5% | $6.86 Billion | $1.13 Billion | $24.37 Billion | ▲ +1.8 pp |
| 1998 | 81.7% | $6.70 Billion | $1.23 Billion | $22.30 Billion | ▲ +2.6 pp |
| 1997 | 79.1% | $6.22 Billion | $1.30 Billion | $20.91 Billion | ▲ +3.5 pp |
| 1996 | 75.6% | $5.67 Billion | $1.38 Billion | $20.50 Billion | ▲ +6.6 pp |
| 1995 | 69.0% | $3.72 Billion | $1.15 Billion | $19.56 Billion | ▲ +4.7 pp |
| 1994 | 64.3% | $3.38 Billion | $1.21 Billion | $19.49 Billion | ▼ -35.7 pp |
| 1993 | 100.0% | $4.28 Billion | $0.00 | $19.33 Billion | ▲ +0.0 pp |
| 1992 | 100.0% | $3.35 Billion | $0.00 | $18.71 Billion | ▲ +0.0 pp |
| 1991 | 100.0% | $3.79 Billion | $0.00 | $16.21 Billion | ▲ +0.0 pp |
| 1990 | 100.0% | $3.73 Billion | $0.00 | $13.35 Billion | ▲ +0.0 pp |
| 1989 | 100.0% | $3.77 Billion | $0.00 | $10.88 Billion | ▲ +0.0 pp |
| 1988 | 100.0% | $3.15 Billion | $0.00 | $9.72 Billion | ▲ +0.0 pp |
| 1987 | 100.0% | $2.68 Billion | $0.00 | $8.42 Billion | ▲ +0.0 pp |
| 1986 | 100.0% | $2.48 Billion | $0.00 | $7.53 Billion | ▲ +0.0 pp |
| 1985 | 100.0% | $2.18 Billion | $0.00 | $6.42 Billion | — |