Crown Castle (CCI) — Tangible Net Worth Ratio
Crown Castle (CCI) has a Tangible Net Worth Ratio of 45.7% as of September 2024. This metric is calculated by deducting intangible assets ($2.88 Billion) from net assets ($5.30 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 Crown Castle working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Crown Castle Tangible Net Worth Ratio (1997–2023)
This chart shows how Crown Castle's Tangible Net Worth Ratio has changed across 27 annual periods from 1997 to 2023. As of September 2024, the ratio stands at 45.7%, reflecting net assets of $5.30 Billion with intangible assets of $2.88 Billion USD. See CCI cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Crown Castle (1997–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Crown Castle from 1997 to 2023, covering 27 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 CCI market cap overview.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 50.2% | $6.38 Billion | $3.18 Billion | $38.53 Billion | ▼ -1.5 pp |
| 2022 | 51.7% | $7.45 Billion | $3.60 Billion | $38.92 Billion | ▲ +0.7 pp |
| 2021 | 51.0% | $8.26 Billion | $4.05 Billion | $39.04 Billion | ▼ -2.1 pp |
| 2020 | 53.1% | $9.46 Billion | $4.43 Billion | $38.77 Billion | ▼ -0.8 pp |
| 2019 | 53.9% | $10.49 Billion | $4.84 Billion | $38.46 Billion | ▲ +1.6 pp |
| 2018 | 52.3% | $11.57 Billion | $5.52 Billion | $32.76 Billion | ▲ +0.6 pp |
| 2017 | 51.7% | $12.34 Billion | $5.96 Billion | $32.23 Billion | ▼ 0.0 pp |
| 2016 | 51.7% | $7.56 Billion | $3.65 Billion | $22.68 Billion | ▲ +5.0 pp |
| 2015 | 46.7% | $7.09 Billion | $3.78 Billion | $21.94 Billion | ▲ +1.3 pp |
| 2014 | 45.4% | $6.74 Billion | $3.68 Billion | $21.14 Billion | ▲ +3.8 pp |
| 2013 | 41.5% | $6.94 Billion | $4.06 Billion | $20.59 Billion | ▲ +41.2 pp |
| 2012 | 0.3% | $2.95 Billion | $2.94 Billion | $16.09 Billion | ▼ -8.4 pp |
| 2011 | 8.7% | $2.39 Billion | $2.18 Billion | $10.55 Billion | ▲ +3.4 pp |
| 2010 | 5.4% | $2.44 Billion | $2.31 Billion | $10.47 Billion | ▼ -12.7 pp |
| 2009 | 18.1% | $2.94 Billion | $2.41 Billion | $10.96 Billion | ▲ +12.0 pp |
| 2008 | 6.1% | $2.72 Billion | $2.55 Billion | $10.36 Billion | ▼ -9.4 pp |
| 2007 | 15.5% | $3.17 Billion | $2.68 Billion | $10.49 Billion | ▼ -55.8 pp |
| 2006 | 71.3% | $785.33 Million | $225.29 Million | $5.01 Billion | ▼ -0.4 pp |
| 2005 | 71.8% | $1.21 Billion | $340.41 Million | $4.13 Billion | ▼ -10.3 pp |
| 2004 | 82.1% | $1.86 Billion | $333.72 Million | $4.57 Billion | ▲ +37.1 pp |
| 2003 | 45.0% | $2.19 Billion | $1.21 Billion | $6.74 Billion | ▼ -10.2 pp |
| 2002 | 55.2% | $2.38 Billion | $1.07 Billion | $6.89 Billion | ▼ -3.3 pp |
| 2001 | 58.5% | $2.53 Billion | $1.05 Billion | $7.38 Billion | ▼ -8.9 pp |
| 2000 | 67.4% | $3.42 Billion | $1.11 Billion | $6.44 Billion | ▼ -4.1 pp |
| 1999 | 71.6% | $2.10 Billion | $596.10 Million | $3.84 Billion | ▲ +29.8 pp |
| 1998 | 41.7% | $977.90 Million | $569.70 Million | $1.52 Billion | ▲ +17.1 pp |
| 1997 | 24.7% | $202.50 Million | $152.50 Million | $371.40 Million | — |