Olympic Steel Inc (ZEUS) — Tangible Net Worth Ratio
Olympic Steel Inc (ZEUS) has a Tangible Net Worth Ratio of 80.4% as of September 2025. This metric is calculated by deducting intangible assets ($113.56 Million) from net assets ($579.13 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 ZEUS 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
Olympic Steel Inc Tangible Net Worth Ratio (1994–2024)
This chart shows how Olympic Steel Inc's Tangible Net Worth Ratio has changed across 31 annual periods from 1994 to 2024. As of September 2025, the ratio stands at 80.4%, reflecting net assets of $579.13 Million with intangible assets of $113.56 Million USD. For live market cap and overall valuation, see Olympic Steel Inc market capitalisation.
Annual Tangible Net Worth Ratio for Olympic Steel Inc (1994–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Olympic Steel Inc from 1994 to 2024, covering 31 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 ZEUS 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 | 79.4% | $573.92 Million | $118.11 Million | $1.04 Billion | ▼ -3.9 pp |
| 2023 | 83.3% | $555.48 Million | $92.62 Million | $984.84 Million | ▼ -10.5 pp |
| 2022 | 93.8% | $515.97 Million | $32.03 Million | $891.63 Million | ▲ +1.7 pp |
| 2021 | 92.1% | $424.44 Million | $33.65 Million | $1.02 Billion | ▲ +2.9 pp |
| 2020 | 89.2% | $301.01 Million | $32.59 Million | $640.61 Million | ▼ -1.3 pp |
| 2019 | 90.5% | $308.35 Million | $29.26 Million | $649.55 Million | ▼ -0.6 pp |
| 2018 | 91.1% | $306.99 Million | $27.27 Million | $760.74 Million | ▼ -0.5 pp |
| 2017 | 91.6% | $272.58 Million | $22.98 Million | $604.16 Million | ▲ +1.0 pp |
| 2016 | 90.6% | $253.39 Million | $23.87 Million | $556.07 Million | ▲ +0.3 pp |
| 2015 | 90.3% | $254.69 Million | $24.76 Million | $513.47 Million | ▲ +2.3 pp |
| 2014 | 88.0% | $280.78 Million | $33.65 Million | $700.75 Million | ▼ -0.4 pp |
| 2013 | 88.4% | $298.62 Million | $34.53 Million | $697.35 Million | ▲ +0.7 pp |
| 2012 | 87.8% | $289.86 Million | $35.42 Million | $705.99 Million | ▲ +0.5 pp |
| 2011 | 87.3% | $286.58 Million | $36.31 Million | $707.50 Million | ▼ -10.0 pp |
| 2010 | 97.3% | $261.64 Million | $7.08 Million | $429.44 Million | ▼ -0.2 pp |
| 2009 | 97.5% | $259.61 Million | $6.58 Million | $338.45 Million | ▼ -0.5 pp |
| 2008 | 98.0% | $322.96 Million | $6.58 Million | $474.25 Million | ▲ +0.5 pp |
| 2007 | 97.5% | $263.52 Million | $6.58 Million | $386.08 Million | ▲ +0.3 pp |
| 2006 | 97.2% | $234.24 Million | $6.58 Million | $405.32 Million | ▼ -2.8 pp |
| 2005 | 100.0% | $200.32 Million | $0.00 | $305.61 Million | ▲ +0.0 pp |
| 2004 | 100.0% | $176.53 Million | $0.00 | $374.15 Million | ▲ +0.0 pp |
| 2003 | 100.0% | $112.24 Million | $0.00 | $249.00 Million | ▲ +0.0 pp |
| 2002 | 100.0% | $115.50 Million | $0.00 | $262.91 Million | ▲ +2.8 pp |
| 2001 | 97.2% | $121.27 Million | $3.42 Million | $235.41 Million | ▲ +0.0 pp |
| 2000 | 97.2% | $124.92 Million | $3.52 Million | $224.93 Million | ▼ -0.2 pp |
| 1999 | 97.4% | $136.80 Million | $3.60 Million | $267.00 Million | ▲ +0.1 pp |
| 1998 | 97.3% | $137.70 Million | $3.70 Million | $256.10 Million | ▲ +6.4 pp |
| 1997 | 90.9% | $146.20 Million | $13.30 Million | $265.50 Million | ▼ -1.9 pp |
| 1996 | 92.8% | $137.30 Million | $9.90 Million | $241.10 Million | ▲ +6.4 pp |
| 1995 | 86.4% | $74.00 Million | $10.10 Million | $202.10 Million | ▼ -13.6 pp |
| 1994 | 100.0% | $67.20 Million | $0.00 | $201.00 Million | — |