Calumet Specialty Products Partners (CLMT) — Tangible Net Worth Ratio

Latest as of June 2020: -494.5%

Calumet Specialty Products Partners (CLMT) has a Tangible Net Worth Ratio of -494.5% as of June 2020. This metric is calculated by deducting intangible assets ($64.80 Million) from net assets ($10.90 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 CLMT working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-494.5%
Tangible equity / total equity

Net Assets (Equity)

$10.90 Million
USD

Intangible Assets

$64.80 Million
Goodwill, patents, brand value

Total Assets

$1.82 Billion
USD

Calumet Specialty Products Partners Tangible Net Worth Ratio (2004–2019)

This chart shows how Calumet Specialty Products Partners's Tangible Net Worth Ratio has changed across 16 annual periods from 2004 to 2019. As of June 2020, the ratio stands at -494.5%, reflecting net assets of $10.90 Million with intangible assets of $64.80 Million USD. See Calumet Specialty Products Partners defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Calumet Specialty Products Partners (2004–2019)

The table below presents the year-by-year Tangible Net Worth Ratio for Calumet Specialty Products Partners from 2004 to 2019, covering 16 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 CLMT market cap overview.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2019 -319.4% $21.60 Million $90.60 Million $1.86 Billion ▼ -285.5 pp
2018 -33.9% $65.70 Million $88.00 Million $2.09 Billion ▼ -44.0 pp
2017 10.0% $119.90 Million $107.90 Million $2.69 Billion ▼ -8.4 pp
2016 18.4% $218.70 Million $178.50 Million $2.73 Billion ▼ -46.2 pp
2015 64.5% $603.90 Million $214.10 Million $2.94 Billion ▼ -3.7 pp
2014 68.2% $810.20 Million $257.50 Million $3.12 Billion ▼ -11.8 pp
2013 80.0% $1.06 Billion $212.90 Million $2.69 Billion ▲ +2.1 pp
2012 77.9% $889.79 Million $197.08 Million $2.25 Billion ▼ -19.0 pp
2011 96.9% $728.90 Million $22.68 Million $1.73 Billion ▲ +4.3 pp
2010 92.6% $398.28 Million $29.67 Million $1.02 Billion ▲ +0.4 pp
2009 92.2% $485.35 Million $38.09 Million $1.03 Billion ▲ +2.6 pp
2008 89.5% $473.21 Million $49.50 Million $1.08 Billion ▼ -9.8 pp
2007 99.4% $399.64 Million $2.46 Million $678.86 Million ▼ -0.5 pp
2006 99.9% $378.69 Million $566.00K $530.17 Million ▲ +2.5 pp
2005 97.4% $39.05 Million $1.02 Million $399.72 Million ▲ +1.7 pp
2004 95.7% $34.51 Million $1.48 Million $318.21 Million
pp = percentage points