Freightcar America Inc (RAIL) — Tangible Net Worth Ratio
Freightcar America Inc (RAIL) has a Tangible Net Worth Ratio of 100.0% as of September 2023. This metric is calculated by deducting intangible assets ($0.00) from net assets ($39.05 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 Freightcar America Inc 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
Freightcar America Inc Tangible Net Worth Ratio (2001–2020)
This chart shows how Freightcar America Inc's Tangible Net Worth Ratio has changed across 17 annual periods from 2001 to 2020. As of September 2023, the ratio stands at 100.0%, reflecting net assets of $39.05 Million with intangible assets of $0.00 USD. See Freightcar America Inc (RAIL) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Freightcar America Inc (2001–2020)
The table below presents the year-by-year Tangible Net Worth Ratio for Freightcar America Inc from 2001 to 2020, covering 17 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 how much is Freightcar America Inc worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2020 | 100.0% | $30.50 Million | $0.00 | $182.74 Million | ▲ +0.0 pp |
| 2019 | 100.0% | $117.15 Million | $0.00 | $245.20 Million | ▲ +11.1 pp |
| 2018 | 88.9% | $193.61 Million | $21.52 Million | $289.74 Million | ▼ -1.8 pp |
| 2017 | 90.7% | $231.73 Million | $21.52 Million | $295.90 Million | ▼ -0.9 pp |
| 2016 | 91.6% | $256.91 Million | $21.52 Million | $339.25 Million | ▼ -8.2 pp |
| 2015 | 99.8% | $235.11 Million | $359.00K | $406.90 Million | ▲ +0.7 pp |
| 2014 | 99.2% | $198.69 Million | $1.65 Million | $385.25 Million | ▲ +0.3 pp |
| 2013 | 98.8% | $202.53 Million | $2.37 Million | $417.72 Million | ▲ +0.4 pp |
| 2012 | 98.5% | $211.33 Million | $3.22 Million | $388.56 Million | ▲ +11.7 pp |
| 2011 | 86.8% | $197.33 Million | $26.09 Million | $345.46 Million | ▲ +0.6 pp |
| 2010 | 86.2% | $192.58 Million | $26.64 Million | $310.64 Million | ▼ -1.5 pp |
| 2009 | 87.7% | $206.25 Million | $25.42 Million | $335.57 Million | ▲ +0.9 pp |
| 2008 | 86.8% | $197.03 Million | $26.01 Million | $389.15 Million | ▲ +0.2 pp |
| 2007 | 86.6% | $198.07 Million | $26.60 Million | $355.88 Million | ▼ -10.6 pp |
| 2006 | 97.2% | $203.87 Million | $5.67 Million | $419.98 Million | ▲ +4.0 pp |
| 2005 | 93.2% | $92.20 Million | $6.26 Million | $225.28 Million | ▼ -6.8 pp |
| 2001 | 100.0% | $3.16 Million | $0.00 | $148.70 Million | — |