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. Also explore LNW year-over-year net asset growth to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see Light & Wonder Inc stock valuation.
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. Explore how much does Light & Wonder Inc reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
| 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 | — |