Surgery Partners Inc (SGRY) — Tangible Net Worth Ratio
Surgery Partners Inc (SGRY) has a Tangible Net Worth Ratio of -44.5% as of September 2025. This metric is calculated by deducting intangible assets ($5.13 Billion) from net assets ($3.55 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. Also explore SGRY net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Surgery Partners Inc Tangible Net Worth Ratio (2014–2024)
This chart shows how Surgery Partners Inc's Tangible Net Worth Ratio has changed across 7 annual periods from 2014 to 2024. As of September 2025, the ratio stands at -44.5%, reflecting net assets of $3.55 Billion with intangible assets of $5.13 Billion USD. For live market cap and overall valuation, see SGRY company net worth.
Annual Tangible Net Worth Ratio for Surgery Partners Inc (2014–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Surgery Partners Inc from 2014 to 2024, covering 7 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 SGRY capital reinvestment ratio 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 | 98.7% | $3.64 Billion | $45.70 Million | $7.89 Billion | ▲ +0.4 pp |
| 2023 | 98.4% | $3.36 Billion | $54.80 Million | $6.88 Billion | ▼ -0.3 pp |
| 2022 | 98.7% | $3.28 Billion | $42.30 Million | $6.68 Billion | ▲ +0.6 pp |
| 2021 | 98.1% | $2.30 Billion | $43.70 Million | $6.12 Billion | ▲ +1.0 pp |
| 2020 | 97.1% | $1.62 Billion | $46.90 Million | $5.41 Billion | ▼ -0.1 pp |
| 2019 | 97.2% | $1.70 Billion | $47.30 Million | $5.02 Billion | ▲ +21.9 pp |
| 2014 | 75.3% | $222.12 Million | $54.89 Million | $1.86 Billion | — |