VeriSign Inc (VRSN) — Tangible Net Worth Ratio
VeriSign Inc (VRSN) has a Tangible Net Worth Ratio of 89.9% as of March 2011. This metric is calculated by deducting intangible assets ($54.82 Million) from net assets ($545.33 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 VeriSign Inc (VRSN) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
VeriSign Inc Tangible Net Worth Ratio (1997–2010)
This chart shows how VeriSign Inc's Tangible Net Worth Ratio has changed across 14 annual periods from 1997 to 2010. As of March 2011, the ratio stands at 89.9%, reflecting net assets of $545.33 Million with intangible assets of $54.82 Million USD. See VeriSign Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for VeriSign Inc (1997–2010)
The table below presents the year-by-year Tangible Net Worth Ratio for VeriSign Inc from 1997 to 2010, covering 14 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 market cap of VeriSign Inc.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2010 | 99.6% | $676.43 Million | $2.62 Million | $2.44 Billion | ▲ +3.4 pp |
| 2009 | 96.3% | $598.66 Million | $22.42 Million | $2.47 Billion | ▲ +31.6 pp |
| 2008 | 64.7% | $100.00 Million | $35.31 Million | $2.57 Billion | ▼ -27.6 pp |
| 2007 | 92.3% | $1.58 Billion | $121.79 Million | $4.02 Billion | ▲ +6.1 pp |
| 2006 | 86.2% | $2.42 Billion | $333.43 Million | $3.97 Billion | ▼ -2.9 pp |
| 2005 | 89.1% | $2.07 Billion | $225.30 Million | $3.17 Billion | ▲ +2.6 pp |
| 2004 | 86.6% | $1.73 Billion | $232.24 Million | $2.59 Billion | ▲ +30.3 pp |
| 2003 | 56.2% | $1.41 Billion | $618.04 Million | $2.10 Billion | ▲ +27.8 pp |
| 2002 | 28.5% | $1.58 Billion | $1.13 Billion | $2.39 Billion | ▲ +16.0 pp |
| 2001 | 12.5% | $6.51 Billion | $5.69 Billion | $7.54 Billion | ▲ +8.1 pp |
| 2000 | 4.4% | $18.47 Billion | $17.66 Billion | $19.20 Billion | ▼ -95.6 pp |
| 1999 | 100.0% | $298.49 Million | $0.00 | $341.17 Million | ▲ +0.0 pp |
| 1998 | 100.0% | $41.70 Million | $0.00 | $64.30 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $14.70 Million | $0.00 | $24.40 Million | — |