Shyft Group Inc (SHYF) — Tangible Net Worth Ratio
Shyft Group Inc (SHYF) has a Tangible Net Worth Ratio of 76.7% as of March 2025. This metric is calculated by deducting intangible assets ($57.51 Million) from net assets ($247.33 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 Shyft Group Inc book value and equity for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Shyft Group Inc Tangible Net Worth Ratio (1985–2024)
This chart shows how Shyft Group Inc's Tangible Net Worth Ratio has changed across 40 annual periods from 1985 to 2024. As of March 2025, the ratio stands at 76.7%, reflecting net assets of $247.33 Million with intangible assets of $57.51 Million USD. Also explore Shyft Group Inc (SHYF) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Shyft Group Inc (1985–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Shyft Group Inc from 1985 to 2024, covering 40 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 Shyft Group Inc market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 76.2% | $248.32 Million | $59.06 Million | $568.75 Million | ▼ -5.8 pp |
| 2023 | 82.0% | $252.17 Million | $45.27 Million | $530.05 Million | ▲ +0.3 pp |
| 2022 | 81.7% | $268.69 Million | $49.08 Million | $580.48 Million | ▲ +1.6 pp |
| 2021 | 80.1% | $266.86 Million | $52.98 Million | $447.87 Million | ▲ +8.3 pp |
| 2020 | 71.8% | $200.16 Million | $56.39 Million | $359.05 Million | ▲ +3.3 pp |
| 2019 | 68.5% | $171.75 Million | $54.06 Million | $450.54 Million | ▼ -26.8 pp |
| 2018 | 95.4% | $186.08 Million | $8.61 Million | $353.78 Million | ▲ +1.0 pp |
| 2017 | 94.4% | $168.27 Million | $9.43 Million | $301.16 Million | ▼ -1.4 pp |
| 2016 | 95.8% | $152.95 Million | $6.38 Million | $243.29 Million | ▲ +0.6 pp |
| 2015 | 95.2% | $148.49 Million | $7.09 Million | $230.67 Million | ▲ +0.5 pp |
| 2014 | 94.7% | $168.62 Million | $8.96 Million | $238.81 Million | ▲ +0.6 pp |
| 2013 | 94.1% | $171.55 Million | $10.09 Million | $254.75 Million | ▲ +0.3 pp |
| 2012 | 93.8% | $178.73 Million | $11.05 Million | $245.15 Million | ▲ +0.3 pp |
| 2011 | 93.5% | $182.84 Million | $11.94 Million | $248.61 Million | ▼ -0.5 pp |
| 2010 | 94.0% | $182.98 Million | $10.95 Million | $241.75 Million | ▲ +0.4 pp |
| 2009 | 93.6% | $180.52 Million | $11.49 Million | $293.28 Million | ▼ -6.4 pp |
| 2008 | 100.0% | $170.64 Million | $0.00 | $261.14 Million | ▲ +0.0 pp |
| 2007 | 100.0% | $129.22 Million | $0.00 | $318.66 Million | ▲ +0.0 pp |
| 2006 | 100.0% | $103.18 Million | $0.00 | $190.65 Million | ▲ +6.3 pp |
| 2005 | 93.7% | $72.60 Million | $4.54 Million | $123.21 Million | ▲ +0.5 pp |
| 2004 | 93.3% | $67.51 Million | $4.54 Million | $106.91 Million | ▲ +0.7 pp |
| 2003 | 92.6% | $61.12 Million | $4.54 Million | $91.38 Million | ▲ +0.6 pp |
| 2002 | 91.9% | $56.43 Million | $4.54 Million | $88.31 Million | ▼ -8.1 pp |
| 2001 | 100.0% | $36.91 Million | $0.00 | $77.61 Million | ▲ +16.2 pp |
| 2000 | 83.8% | $30.65 Million | $4.96 Million | $98.31 Million | ▲ +1.2 pp |
| 1999 | 82.6% | $43.20 Million | $7.50 Million | $122.70 Million | ▼ -1.2 pp |
| 1998 | 83.8% | $45.10 Million | $7.30 Million | $125.90 Million | ▼ -9.0 pp |
| 1997 | 92.8% | $47.50 Million | $3.40 Million | $81.20 Million | ▼ -7.2 pp |
| 1996 | 100.0% | $61.40 Million | $0.00 | $79.70 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $59.80 Million | $0.00 | $75.20 Million | ▲ +0.0 pp |
| 1994 | 100.0% | $61.60 Million | $0.00 | $81.10 Million | ▲ +0.0 pp |
| 1993 | 100.0% | $53.80 Million | $0.00 | $71.30 Million | ▲ +0.0 pp |
| 1992 | 100.0% | $42.70 Million | $0.00 | $56.40 Million | ▲ +0.0 pp |
| 1991 | 100.0% | $22.30 Million | $0.00 | $34.70 Million | ▲ +0.0 pp |
| 1990 | 100.0% | $8.70 Million | $0.00 | $23.70 Million | ▲ +0.0 pp |
| 1989 | 100.0% | $6.50 Million | $0.00 | $17.20 Million | ▲ +0.0 pp |
| 1988 | 100.0% | $5.50 Million | $0.00 | $16.90 Million | ▲ +0.0 pp |
| 1987 | 100.0% | $5.50 Million | $0.00 | $11.80 Million | ▲ +0.0 pp |
| 1986 | 100.0% | $3.60 Million | $0.00 | $7.40 Million | ▲ +0.0 pp |
| 1985 | 100.0% | $2.90 Million | $0.00 | $4.70 Million | — |