Cisco Systems Inc (CSCO) — Tangible Net Worth Ratio

Latest as of January 2026: 82.6%

Cisco Systems Inc (CSCO) has a Tangible Net Worth Ratio of 82.6% as of January 2026. This metric is calculated by deducting intangible assets ($8.31 Billion) from net assets ($47.72 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 CSCO net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

82.6%
Tangible equity / total equity

Net Assets (Equity)

$47.72 Billion
USD

Intangible Assets

$8.31 Billion
Goodwill, patents, brand value

Total Assets

$123.37 Billion
USD

Cisco Systems Inc Tangible Net Worth Ratio (1988–2025)

This chart shows how Cisco Systems Inc's Tangible Net Worth Ratio has changed across 38 annual periods from 1988 to 2025. As of January 2026, the ratio stands at 82.6%, reflecting net assets of $47.72 Billion with intangible assets of $8.31 Billion USD. See Cisco Systems Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Cisco Systems Inc (1988–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Cisco Systems Inc from 1988 to 2025, covering 38 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 market value of Cisco Systems Inc.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 80.4% $46.84 Billion $9.18 Billion $122.29 Billion ▲ +5.1 pp
2024 75.3% $45.46 Billion $11.22 Billion $124.41 Billion ▼ -20.6 pp
2023 95.9% $44.35 Billion $1.82 Billion $101.85 Billion ▲ +2.4 pp
2022 93.5% $39.77 Billion $2.57 Billion $94.00 Billion ▲ +2.3 pp
2021 91.2% $41.27 Billion $3.62 Billion $97.50 Billion ▼ -4.6 pp
2020 95.8% $37.92 Billion $1.58 Billion $94.85 Billion ▲ +2.4 pp
2019 93.4% $33.57 Billion $2.20 Billion $97.79 Billion ▼ -0.6 pp
2018 94.1% $43.20 Billion $2.55 Billion $108.78 Billion ▼ -2.1 pp
2017 96.2% $66.14 Billion $2.54 Billion $129.82 Billion ▲ +0.1 pp
2016 96.1% $63.59 Billion $2.50 Billion $121.65 Billion ▲ +0.0 pp
2015 96.0% $59.71 Billion $2.38 Billion $113.37 Billion ▲ +1.8 pp
2014 94.2% $56.66 Billion $3.28 Billion $105.07 Billion ▼ 0.0 pp
2013 94.2% $59.13 Billion $3.40 Billion $101.19 Billion ▼ -1.9 pp
2012 96.2% $51.30 Billion $1.96 Billion $91.76 Billion ▲ +1.6 pp
2011 94.6% $47.26 Billion $2.54 Billion $87.09 Billion ▲ +2.0 pp
2010 92.6% $44.28 Billion $3.27 Billion $81.13 Billion ▼ -3.0 pp
2009 95.6% $38.68 Billion $1.70 Billion $68.13 Billion ▲ +1.7 pp
2008 93.9% $34.40 Billion $2.09 Billion $58.73 Billion ▲ +2.0 pp
2007 91.9% $31.49 Billion $2.54 Billion $53.34 Billion ▲ +1.0 pp
2006 91.0% $23.92 Billion $2.16 Billion $43.31 Billion ▼ -6.7 pp
2005 97.6% $23.18 Billion $549.00 Million $33.88 Billion ▼ -1.1 pp
2004 98.7% $25.92 Billion $325.00 Million $35.59 Billion ▲ +0.7 pp
2003 98.0% $28.04 Billion $556.00 Million $37.11 Billion ▲ +0.8 pp
2002 97.2% $28.67 Billion $797.00 Million $37.80 Billion ▲ +2.6 pp
2001 94.6% $27.14 Billion $1.47 Billion $35.24 Billion ▼ -1.1 pp
2000 95.7% $26.54 Billion $1.15 Billion $32.87 Billion ▼ -1.8 pp
1999 97.4% $11.86 Billion $303.00 Million $14.89 Billion ▼ -1.0 pp
1998 98.4% $7.19 Billion $113.00 Million $8.97 Billion ▼ -1.6 pp
1997 100.0% $4.33 Billion $0.00 $5.45 Billion ▲ +0.0 pp
1996 100.0% $2.86 Billion $0.00 $3.63 Billion ▲ +0.0 pp
1995 100.0% $1.60 Billion $0.00 $1.99 Billion ▲ +0.0 pp
1994 100.0% $848.20 Million $0.00 $1.05 Billion ▲ +0.0 pp
1993 100.0% $475.20 Million $0.00 $595.20 Million ▲ +0.0 pp
1992 100.0% $245.60 Million $0.00 $323.90 Million ▲ +0.0 pp
1991 100.0% $127.50 Million $0.00 $154.10 Million ▲ +0.0 pp
1990 100.0% $69.20 Million $0.00 $82.70 Million ▲ +0.0 pp
1989 100.0% $7.40 Million $0.00 $16.50 Million ▲ +0.0 pp
1988 100.0% $500.00K $0.00 $4.80 Million
pp = percentage points