AutoZone Inc (AZO) — Tangible Net Worth Ratio
AutoZone Inc (AZO) has a Tangible Net Worth Ratio of -404.4% as of November 2008. This metric is calculated by deducting intangible assets ($302.64 Million) from net assets ($60.00 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 AutoZone Inc net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
AutoZone Inc Tangible Net Worth Ratio (1990–2008)
This chart shows how AutoZone Inc's Tangible Net Worth Ratio has changed across 19 annual periods from 1990 to 2008. As of November 2008, the ratio stands at -404.4%, reflecting net assets of $60.00 Million with intangible assets of $302.64 Million USD. Also explore AutoZone Inc net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for AutoZone Inc (1990–2008)
The table below presents the year-by-year Tangible Net Worth Ratio for AutoZone Inc from 1990 to 2008, covering 19 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 AZO market cap overview.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2008 | -31.8% | $229.69 Million | $302.64 Million | $5.26 Billion | ▼ -56.7 pp |
| 2007 | 24.9% | $403.20 Million | $302.64 Million | $4.80 Billion | ▼ -10.6 pp |
| 2006 | 35.5% | $469.53 Million | $302.64 Million | $4.53 Billion | ▲ +13.0 pp |
| 2005 | 22.6% | $391.01 Million | $302.70 Million | $4.25 Billion | ▲ +98.2 pp |
| 2004 | -75.6% | $171.39 Million | $301.01 Million | $3.91 Billion | ▼ -96.9 pp |
| 2003 | 21.2% | $373.76 Million | $294.35 Million | $3.77 Billion | ▼ -34.4 pp |
| 2002 | 55.7% | $689.13 Million | $305.39 Million | $3.48 Billion | ▼ -9.1 pp |
| 2001 | 64.7% | $866.21 Million | $305.39 Million | $3.43 Billion | ▼ -2.6 pp |
| 2000 | 67.3% | $992.18 Million | $324.49 Million | $3.33 Billion | ▼ -7.2 pp |
| 1999 | 74.5% | $1.32 Billion | $337.30 Million | $3.28 Billion | ▼ -11.6 pp |
| 1998 | 86.1% | $1.30 Billion | $181.30 Million | $2.75 Billion | ▼ -12.4 pp |
| 1997 | 98.5% | $1.08 Billion | $16.60 Million | $1.88 Billion | ▲ +0.4 pp |
| 1996 | 98.0% | $865.60 Million | $17.20 Million | $1.50 Billion | ▲ +0.6 pp |
| 1995 | 97.4% | $684.70 Million | $17.80 Million | $1.11 Billion | ▲ +0.9 pp |
| 1994 | 96.5% | $528.40 Million | $18.40 Million | $882.10 Million | ▲ +1.3 pp |
| 1993 | 95.2% | $396.60 Million | $19.00 Million | $696.50 Million | ▲ +2.2 pp |
| 1992 | 93.0% | $282.10 Million | $19.70 Million | $502.10 Million | ▲ +2.7 pp |
| 1991 | 90.3% | $208.60 Million | $20.30 Million | $398.90 Million | ▲ +15.0 pp |
| 1990 | 75.3% | $84.60 Million | $20.90 Million | $328.40 Million | — |