Crossamerica Partners LP (CAPL) — Tangible Net Worth Ratio
Crossamerica Partners LP (CAPL) has a Tangible Net Worth Ratio of -3068.0% as of December 2023. This metric is calculated by deducting intangible assets ($95.26 Million) from net assets ($3.01 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 CAPL working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Crossamerica Partners LP Tangible Net Worth Ratio (2012–2023)
This chart shows how Crossamerica Partners LP's Tangible Net Worth Ratio has changed across 12 annual periods from 2012 to 2023. As of December 2023, the ratio stands at -3068.0%, reflecting net assets of $3.01 Million with intangible assets of $95.26 Million USD. See CAPL days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Crossamerica Partners LP (2012–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Crossamerica Partners LP from 2012 to 2023, covering 12 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 value of Crossamerica Partners LP.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | -3068.0% | $3.01 Million | $95.26 Million | $1.18 Billion | ▼ -3024.0 pp |
| 2022 | -44.0% | $79.13 Million | $113.92 Million | $1.26 Billion | ▲ +57.9 pp |
| 2021 | -101.9% | $56.56 Million | $114.19 Million | $1.34 Billion | ▼ -117.2 pp |
| 2020 | 15.3% | $109.67 Million | $92.91 Million | $1.08 Billion | ▼ -27.3 pp |
| 2019 | 42.6% | $78.40 Million | $45.00 Million | $956.75 Million | ▼ -4.2 pp |
| 2018 | 46.8% | $110.93 Million | $59.06 Million | $866.92 Million | ▼ -8.8 pp |
| 2017 | 55.5% | $171.02 Million | $76.06 Million | $947.24 Million | ▼ -7.9 pp |
| 2016 | 63.4% | $220.81 Million | $80.76 Million | $931.99 Million | ▼ -6.0 pp |
| 2015 | 69.4% | $268.86 Million | $82.31 Million | $853.09 Million | ▲ +10.2 pp |
| 2014 | 59.2% | $190.49 Million | $77.78 Million | $604.65 Million | ▲ +8.8 pp |
| 2013 | 50.3% | $94.67 Million | $47.01 Million | $391.62 Million | ▲ +195.1 pp |
| 2012 | -144.8% | $14.54 Million | $35.60 Million | $315.81 Million | — |