AutoZone Inc Tangible Net Worth Ratio
AutoZone Inc 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. Also explore AZO shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of AutoZone Inc (1990–2008)
Tangible net worth ratio of AutoZone Inc from 1990 to 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. Check AZO PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
AutoZone Inc Tangible Net Worth Ratio by Year (1990–2008)
AutoZone Inc tangible net worth ratio by year from 1990 to 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 live market cap and overall valuation, see AutoZone Inc stock valuation.
| 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 | — |