Boston Scientific Corp (BSX) — Tangible Net Worth Ratio

Latest as of September 2025: 69.7%

Boston Scientific Corp (BSX) has a Tangible Net Worth Ratio of 69.7% as of September 2025. This metric is calculated by deducting intangible assets ($7.16 Billion) from net assets ($23.63 Billion) 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 BSX net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

69.7%
Tangible equity / total equity

Net Assets (Equity)

$23.63 Billion
USD

Intangible Assets

$7.16 Billion
Goodwill, patents, brand value

Total Assets

$42.71 Billion
USD

Boston Scientific Corp Tangible Net Worth Ratio (1991–2024)

This chart shows how Boston Scientific Corp's Tangible Net Worth Ratio has changed across 34 annual periods from 1991 to 2024. As of September 2025, the ratio stands at 69.7%, reflecting net assets of $23.63 Billion with intangible assets of $7.16 Billion USD. See operational self-sufficiency of Boston Scientific Corp to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Boston Scientific Corp (1991–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Boston Scientific Corp from 1991 to 2024, covering 34 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 how much is Boston Scientific Corp worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2024 69.6% $22.00 Billion $6.68 Billion $39.40 Billion ▲ +0.4 pp
2023 69.3% $19.53 Billion $6.00 Billion $35.14 Billion ▲ +2.9 pp
2022 66.4% $17.57 Billion $5.90 Billion $32.47 Billion ▲ +3.2 pp
2021 63.2% $16.62 Billion $6.12 Billion $32.23 Billion ▲ +1.8 pp
2020 61.4% $15.33 Billion $5.92 Billion $30.78 Billion ▲ +18.2 pp
2019 43.2% $13.88 Billion $7.89 Billion $30.57 Billion ▲ +16.2 pp
2018 27.0% $8.72 Billion $6.37 Billion $21.00 Billion ▲ +10.2 pp
2017 16.7% $7.01 Billion $5.84 Billion $19.04 Billion ▲ +4.1 pp
2016 12.6% $6.73 Billion $5.88 Billion $18.10 Billion ▲ +10.6 pp
2015 2.0% $6.32 Billion $6.19 Billion $18.13 Billion ▼ -16.1 pp
2014 18.1% $6.84 Billion $5.61 Billion $16.83 Billion ▲ +9.1 pp
2013 9.0% $6.54 Billion $5.95 Billion $16.73 Billion ▲ +0.6 pp
2012 8.5% $6.87 Billion $6.29 Billion $17.15 Billion ▼ -34.5 pp
2011 43.0% $11.35 Billion $6.47 Billion $21.29 Billion ▼ -0.9 pp
2010 43.8% $11.30 Billion $6.34 Billion $22.13 Billion ▼ -1.4 pp
2009 45.3% $12.30 Billion $6.73 Billion $25.18 Billion ▲ +0.4 pp
2008 44.9% $13.14 Billion $7.24 Billion $27.08 Billion ▼ -2.4 pp
2007 47.2% $15.10 Billion $7.96 Billion $31.20 Billion ▲ +6.1 pp
2006 41.1% $15.30 Billion $9.01 Billion $31.10 Billion ▼ -16.9 pp
2005 58.0% $4.28 Billion $1.80 Billion $8.20 Billion ▲ +41.0 pp
2004 17.0% $4.03 Billion $3.34 Billion $8.17 Billion ▲ +3.0 pp
2003 14.0% $2.86 Billion $2.46 Billion $5.70 Billion ▼ -37.4 pp
2002 51.4% $2.47 Billion $1.20 Billion $4.45 Billion ▲ +8.4 pp
2001 43.0% $2.02 Billion $1.15 Billion $3.97 Billion ▲ +29.4 pp
2000 13.6% $1.94 Billion $1.67 Billion $3.43 Billion ▲ +13.8 pp
1999 -0.1% $1.72 Billion $1.73 Billion $3.57 Billion ▲ +120.7 pp
1998 -120.9% $821.10 Million $1.81 Billion $3.89 Billion ▼ -189.1 pp
1997 68.2% $986.20 Million $313.30 Million $1.97 Billion ▲ +1.9 pp
1996 66.3% $916.30 Million $308.40 Million $1.51 Billion ▼ -15.3 pp
1995 81.7% $753.00 Million $138.00 Million $1.07 Billion ▼ -7.9 pp
1994 89.6% $340.00 Million $35.30 Million $431.80 Million ▼ -3.5 pp
1993 93.1% $246.70 Million $16.90 Million $323.20 Million ▼ -3.1 pp
1992 96.3% $249.10 Million $9.30 Million $299.10 Million ▲ +7.8 pp
1991 88.5% $90.30 Million $10.40 Million $137.40 Million
pp = percentage points