Boyd Gaming Corporation (BYD) — Tangible Net Worth Ratio
Boyd Gaming Corporation (BYD) has a Tangible Net Worth Ratio of 42.0% as of March 2026. This metric is calculated by deducting intangible assets ($1.47 Billion) from net assets ($2.53 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 BYD net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Boyd Gaming Corporation Tangible Net Worth Ratio (1993–2025)
This chart shows how Boyd Gaming Corporation's Tangible Net Worth Ratio has changed across 33 annual periods from 1993 to 2025. As of March 2026, the ratio stands at 42.0%, reflecting net assets of $2.53 Billion with intangible assets of $1.47 Billion USD. See operational self-sufficiency of Boyd Gaming Corporation to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Boyd Gaming Corporation (1993–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Boyd Gaming Corporation from 1993 to 2025, covering 33 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 Boyd Gaming Corporation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 43.4% | $2.61 Billion | $1.47 Billion | $6.85 Billion | ▲ +31.4 pp |
| 2024 | 12.0% | $1.58 Billion | $1.39 Billion | $6.39 Billion | ▼ -8.1 pp |
| 2023 | 20.1% | $1.74 Billion | $1.39 Billion | $6.27 Billion | ▲ +9.9 pp |
| 2022 | 10.3% | $1.59 Billion | $1.43 Billion | $6.31 Billion | ▼ -0.8 pp |
| 2021 | 11.1% | $1.54 Billion | $1.37 Billion | $6.22 Billion | ▲ +34.0 pp |
| 2020 | -23.0% | $1.12 Billion | $1.38 Billion | $6.56 Billion | ▼ -7.0 pp |
| 2019 | -15.9% | $1.27 Billion | $1.47 Billion | $6.65 Billion | ▲ +12.1 pp |
| 2018 | -28.0% | $1.15 Billion | $1.47 Billion | $5.76 Billion | ▼ -51.2 pp |
| 2017 | 23.2% | $1.10 Billion | $842.95 Million | $4.69 Billion | ▲ +17.6 pp |
| 2016 | 5.6% | $934.13 Million | $881.95 Million | $4.67 Billion | ▲ +80.8 pp |
| 2015 | -75.2% | $508.01 Million | $890.05 Million | $4.35 Billion | ▲ +13.7 pp |
| 2014 | -88.9% | $494.63 Million | $934.25 Million | $4.48 Billion | ▼ -24.3 pp |
| 2013 | -64.6% | $650.44 Million | $1.07 Billion | $5.74 Billion | ▲ +75.1 pp |
| 2012 | -139.7% | $467.13 Million | $1.12 Billion | $6.33 Billion | ▼ -197.9 pp |
| 2011 | 58.2% | $1.37 Billion | $574.02 Million | $5.88 Billion | ▼ -3.0 pp |
| 2010 | 61.3% | $1.39 Billion | $539.71 Million | $5.69 Billion | ▼ -2.2 pp |
| 2009 | 63.5% | $1.16 Billion | $422.13 Million | $4.46 Billion | ▲ +0.4 pp |
| 2008 | 63.1% | $1.14 Billion | $422.16 Million | $4.61 Billion | ▲ +1.9 pp |
| 2007 | 61.2% | $1.39 Billion | $538.10 Million | $4.49 Billion | ▲ +6.8 pp |
| 2006 | 54.3% | $1.11 Billion | $506.75 Million | $3.90 Billion | ▲ +0.5 pp |
| 2005 | 53.8% | $1.10 Billion | $506.84 Million | $4.42 Billion | ▲ +10.2 pp |
| 2004 | 43.6% | $943.77 Million | $532.35 Million | $3.92 Billion | ▲ +45.5 pp |
| 2003 | -1.9% | $441.25 Million | $449.51 Million | $1.87 Billion | ▲ +8.2 pp |
| 2002 | -10.0% | $408.56 Million | $449.51 Million | $1.91 Billion | ▲ +19.4 pp |
| 2001 | -29.5% | $353.74 Million | $457.98 Million | $1.75 Billion | ▼ -24.8 pp |
| 2000 | -4.7% | $329.78 Million | $345.30 Million | $1.58 Billion | ▲ +28.1 pp |
| 1999 | -32.8% | $267.00 Million | $354.70 Million | $1.44 Billion | ▼ -43.7 pp |
| 1998 | 10.9% | $227.30 Million | $202.60 Million | $1.15 Billion | ▲ +16.4 pp |
| 1997 | -5.5% | $197.10 Million | $208.00 Million | $1.15 Billion | ▼ -96.4 pp |
| 1996 | 90.8% | $114.50 Million | $10.50 Million | $953.40 Million | ▼ -4.5 pp |
| 1995 | 95.4% | $229.40 Million | $10.60 Million | $949.50 Million | ▲ +7.7 pp |
| 1994 | 87.7% | $89.40 Million | $11.00 Million | $836.30 Million | ▼ -5.6 pp |
| 1993 | 93.3% | $164.40 Million | $11.00 Million | $836.30 Million | — |