LATAM Airlines Group S.A. (LTM) — Tangible Net Worth Ratio
LATAM Airlines Group S.A. (LTM) has a Tangible Net Worth Ratio of 38.2% as of March 2026. This metric is calculated by deducting intangible assets ($1.19 Billion) from net assets ($1.93 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 LATAM Airlines Group S.A. (LTM) 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
LATAM Airlines Group S.A. Tangible Net Worth Ratio (1997–2025)
This chart shows how LATAM Airlines Group S.A.'s Tangible Net Worth Ratio has changed across 27 annual periods from 1997 to 2025. As of March 2026, the ratio stands at 38.2%, reflecting net assets of $1.93 Billion with intangible assets of $1.19 Billion USD. See defensive interval ratio of LATAM Airlines Group S.A. to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for LATAM Airlines Group S.A. (1997–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for LATAM Airlines Group S.A. from 1997 to 2025, 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 LATAM Airlines Group S.A. market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 15.5% | $1.34 Billion | $1.13 Billion | $17.64 Billion | ▲ +56.1 pp |
| 2024 | -40.6% | $711.33 Million | $1.00 Billion | $15.25 Billion | ▲ +122.2 pp |
| 2023 | -162.8% | $438.27 Million | $1.15 Billion | $14.67 Billion | ▲ +3253.9 pp |
| 2022 | -3416.8% | $30.72 Million | $1.08 Billion | $13.21 Billion | ▼ -3470.5 pp |
| 2019 | 53.7% | $3.13 Billion | $1.45 Billion | $21.09 Billion | ▼ -7.8 pp |
| 2018 | 61.5% | $3.75 Billion | $1.44 Billion | $17.57 Billion | ▼ -0.6 pp |
| 2017 | 62.1% | $4.27 Billion | $1.62 Billion | $18.80 Billion | ▲ +0.6 pp |
| 2016 | 61.5% | $4.19 Billion | $1.61 Billion | $19.20 Billion | ▲ +6.5 pp |
| 2015 | 55.0% | $2.94 Billion | $1.32 Billion | $18.10 Billion | ▼ -3.2 pp |
| 2014 | 58.3% | $4.50 Billion | $1.88 Billion | $20.48 Billion | ▼ -2.4 pp |
| 2013 | 60.7% | $5.33 Billion | $2.09 Billion | $22.63 Billion | ▼ -3.5 pp |
| 2012 | 64.2% | $5.17 Billion | $1.85 Billion | $20.53 Billion | ▼ -31.3 pp |
| 2011 | 95.5% | $1.46 Billion | $64.92 Million | $7.65 Billion | ▼ -0.9 pp |
| 2010 | 96.5% | $1.30 Billion | $45.75 Million | $6.79 Billion | ▲ +5.4 pp |
| 2009 | 91.1% | $1.11 Billion | $98.61 Million | $5.77 Billion | ▼ -8.9 pp |
| 2008 | 100.0% | $1.12 Billion | $0.00 | $4.90 Billion | ▲ +0.0 pp |
| 2007 | 100.0% | $993.24 Million | $0.00 | $3.90 Billion | ▲ +0.0 pp |
| 2006 | 100.0% | $630.63 Million | $0.00 | $2.93 Billion | ▲ +0.0 pp |
| 2005 | 100.0% | $506.09 Million | $0.00 | $2.15 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | $438.25 Million | $0.00 | $1.83 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | $356.67 Million | $0.00 | $1.63 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | $312.79 Million | $0.00 | $1.59 Billion | ▲ +0.0 pp |
| 2001 | 100.0% | $290.73 Million | $0.00 | $1.43 Billion | ▲ +0.0 pp |
| 2000 | 100.0% | $288.96 Million | $0.00 | $1.16 Billion | ▲ +0.0 pp |
| 1999 | 100.0% | $261.80 Million | $0.00 | $976.33 Million | ▲ +15.3 pp |
| 1998 | 84.7% | $227.30 Million | $34.80 Million | $879.00 Million | ▲ +1.9 pp |
| 1997 | 82.8% | $214.80 Million | $37.00 Million | $583.80 Million | — |