McDonald’s Corporation (MCD) — Tangible Net Worth Ratio

Latest as of June 2016: -290.4%

McDonald’s Corporation (MCD) has a Tangible Net Worth Ratio of -290.4% as of June 2016. This metric is calculated by deducting intangible assets ($2.50 Billion) from net assets ($640.00 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 McDonald’s Corporation current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-290.4%
Tangible equity / total equity

Net Assets (Equity)

$640.00 Million
USD

Intangible Assets

$2.50 Billion
Goodwill, patents, brand value

Total Assets

$33.15 Billion
USD

McDonald’s Corporation Tangible Net Worth Ratio (1985–2015)

This chart shows how McDonald’s Corporation's Tangible Net Worth Ratio has changed across 31 annual periods from 1985 to 2015. As of June 2016, the ratio stands at -290.4%, reflecting net assets of $640.00 Million with intangible assets of $2.50 Billion USD. See defensive interval ratio of McDonald’s Corporation to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for McDonald’s Corporation (1985–2015)

The table below presents the year-by-year Tangible Net Worth Ratio for McDonald’s Corporation from 1985 to 2015, covering 31 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 McDonald’s Corporation (MCD) total market value.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2015 64.5% $7.09 Billion $2.52 Billion $37.94 Billion ▼ -14.2 pp
2014 78.7% $12.85 Billion $2.74 Billion $34.28 Billion ▼ -3.3 pp
2013 82.1% $16.01 Billion $2.87 Billion $36.63 Billion ▲ +0.4 pp
2012 81.7% $15.29 Billion $2.80 Billion $35.39 Billion ▲ +0.1 pp
2011 81.6% $14.39 Billion $2.65 Billion $32.99 Billion ▼ -0.8 pp
2010 82.3% $14.63 Billion $2.59 Billion $31.98 Billion ▼ -0.4 pp
2009 82.7% $14.03 Billion $2.43 Billion $30.22 Billion ▼ -0.6 pp
2008 83.3% $13.38 Billion $2.24 Billion $28.46 Billion ▼ -1.7 pp
2007 84.9% $15.28 Billion $2.30 Billion $29.39 Billion ▼ -0.8 pp
2006 85.7% $15.46 Billion $2.21 Billion $28.97 Billion ▼ -1.4 pp
2005 87.1% $15.15 Billion $1.95 Billion $29.99 Billion ▼ 0.0 pp
2004 87.1% $14.20 Billion $1.83 Billion $27.84 Billion ▲ +1.0 pp
2003 86.1% $11.98 Billion $1.67 Billion $25.84 Billion ▲ +1.3 pp
2002 84.8% $10.28 Billion $1.56 Billion $23.97 Billion ▼ -0.2 pp
2001 85.0% $9.49 Billion $1.42 Billion $22.53 Billion ▲ +0.7 pp
2000 84.3% $9.20 Billion $1.44 Billion $21.68 Billion ▼ -2.6 pp
1999 86.9% $9.64 Billion $1.26 Billion $20.98 Billion ▼ -13.1 pp
1998 100.0% $9.46 Billion $0.00 $19.78 Billion ▲ +9.3 pp
1997 90.7% $8.85 Billion $827.50 Million $18.24 Billion ▼ -0.8 pp
1996 91.4% $8.72 Billion $747.00 Million $17.39 Billion ▼ -2.3 pp
1995 93.7% $8.53 Billion $534.80 Million $15.41 Billion ▲ +0.3 pp
1994 93.4% $7.31 Billion $483.10 Million $13.59 Billion ▼ -0.3 pp
1993 93.7% $6.61 Billion $415.70 Million $12.04 Billion ▲ +0.3 pp
1992 93.4% $5.89 Billion $389.70 Million $11.68 Billion ▲ +1.0 pp
1991 92.4% $4.84 Billion $369.10 Million $11.35 Billion ▲ +1.5 pp
1990 90.8% $4.18 Billion $384.00 Million $10.67 Billion ▲ +0.0 pp
1989 90.8% $3.55 Billion $326.00 Million $9.18 Billion ▲ +0.0 pp
1988 90.8% $3.41 Billion $314.80 Million $8.16 Billion ▼ -0.3 pp
1987 91.0% $2.92 Billion $261.70 Million $6.98 Billion ▲ +0.5 pp
1986 90.5% $2.45 Billion $232.00 Million $5.97 Billion ▼ -1.9 pp
1985 92.4% $2.19 Billion $166.40 Million $5.04 Billion
pp = percentage points