Traeger Inc (COOK) — Tangible Net Worth Ratio

Latest as of September 2025: -113.5%

Traeger Inc (COOK) has a Tangible Net Worth Ratio of -113.5% as of September 2025. This metric is calculated by deducting intangible assets ($397.40 Million) from net assets ($186.14 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 COOK working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-113.5%
Tangible equity / total equity

Net Assets (Equity)

$186.14 Million
USD

Intangible Assets

$397.40 Million
Goodwill, patents, brand value

Total Assets

$689.62 Million
USD

Traeger Inc Tangible Net Worth Ratio (2019–2024)

This chart shows how Traeger Inc's Tangible Net Worth Ratio has changed across 6 annual periods from 2019 to 2024. As of September 2025, the ratio stands at -113.5%, reflecting net assets of $186.14 Million with intangible assets of $397.40 Million USD. See COOK defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Traeger Inc (2019–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Traeger Inc from 2019 to 2024, covering 6 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 Traeger Inc stock valuation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2024 -55.0% $276.43 Million $428.54 Million $830.68 Million ▲ +6.5 pp
2023 -61.5% $291.35 Million $470.55 Million $860.76 Million ▼ -8.4 pp
2022 -53.2% $334.87 Million $512.86 Million $946.72 Million ▼ -61.5 pp
2021 8.4% $606.02 Million $555.15 Million $1.18 Billion ▲ +22.0 pp
2020 -13.6% $475.04 Million $539.84 Million $989.58 Million ▲ +18.0 pp
2019 -31.6% $430.88 Million $567.09 Million $924.85 Million
pp = percentage points