Light & Wonder Inc (LNW) — Tangible Net Worth Ratio
Light & Wonder Inc (LNW) has a Tangible Net Worth Ratio of -41.9% as of September 2025. This metric is calculated by deducting intangible assets ($1.03 Billion) from net assets ($723.00 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 LNW net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Light & Wonder Inc Tangible Net Worth Ratio (1985–2024)
This chart shows how Light & Wonder Inc's Tangible Net Worth Ratio has changed across 27 annual periods from 1985 to 2024. As of September 2025, the ratio stands at -41.9%, reflecting net assets of $723.00 Million with intangible assets of $1.03 Billion USD. Also explore LNW shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Light & Wonder Inc (1985–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Light & Wonder Inc from 1985 to 2024, covering 27 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 Light & Wonder Inc market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 3.3% | $636.00 Million | $615.00 Million | $5.42 Billion | ▲ +3.0 pp |
| 2023 | 0.3% | $765.00 Million | $763.00 Million | $5.55 Billion | ▼ -18.6 pp |
| 2022 | 18.9% | $1.16 Billion | $942.00 Million | $6.01 Billion | ▲ +72849.6 pp |
| 2014 | -72830.8% | $3.90 Million | $2.84 Billion | $10.00 Billion | ▼ -72729.5 pp |
| 2013 | -101.2% | $375.00 Million | $754.60 Million | $4.24 Billion | ▼ -178.1 pp |
| 2012 | 76.9% | $364.79 Million | $84.29 Million | $2.19 Billion | ▼ -3.5 pp |
| 2011 | 80.4% | $443.71 Million | $86.86 Million | $2.16 Billion | ▼ -4.0 pp |
| 2010 | 84.4% | $452.66 Million | $70.61 Million | $2.15 Billion | ▼ -2.7 pp |
| 2009 | 87.1% | $619.76 Million | $79.82 Million | $2.29 Billion | ▲ +8.1 pp |
| 2008 | 79.0% | $576.43 Million | $120.95 Million | $2.18 Billion | ▲ +9.5 pp |
| 2007 | 69.6% | $661.22 Million | $201.33 Million | $2.10 Billion | ▼ -0.7 pp |
| 2006 | 70.2% | $528.08 Million | $157.25 Million | $1.76 Billion | ▲ +4.8 pp |
| 2005 | 65.4% | $386.83 Million | $133.82 Million | $1.17 Billion | ▲ +10.2 pp |
| 2004 | 55.2% | $300.56 Million | $134.59 Million | $1.09 Billion | ▲ +123.8 pp |
| 2003 | -68.6% | $237.15 Million | $399.80 Million | $962.99 Million | ▼ -37.9 pp |
| 2002 | -30.6% | $184.93 Million | $241.59 Million | $673.98 Million | ▲ +119.2 pp |
| 2001 | -149.8% | $24.08 Million | $60.15 Million | $601.95 Million | ▲ +593.1 pp |
| 2000 | -742.9% | $34.32 Million | $289.28 Million | $647.22 Million | ▼ -616.0 pp |
| 1995 | -126.9% | $11.90 Million | $27.00 Million | $241.00 Million | ▼ -185.4 pp |
| 1994 | 58.5% | $55.70 Million | $23.10 Million | $245.90 Million | ▼ -3.6 pp |
| 1993 | 62.1% | $75.20 Million | $28.50 Million | $183.30 Million | ▲ +122.8 pp |
| 1990 | -60.7% | $51.10 Million | $82.10 Million | $154.10 Million | ▼ -155.3 pp |
| 1989 | 94.6% | $18.60 Million | $1.00 Million | $37.10 Million | ▼ -1.5 pp |
| 1988 | 96.1% | $10.30 Million | $400.00K | $30.70 Million | ▲ +0.8 pp |
| 1987 | 95.3% | $8.50 Million | $400.00K | $24.00 Million | ▲ +2.2 pp |
| 1986 | 93.1% | $7.20 Million | $500.00K | $17.60 Million | ▼ -6.9 pp |
| 1985 | 100.0% | $6.90 Million | $0.00 | $10.70 Million | — |