McKesson Corporation (MCK) — Tangible Net Worth Ratio
McKesson Corporation (MCK) has a Tangible Net Worth Ratio of -99.0% as of March 2021. This metric is calculated by deducting intangible assets ($2.88 Billion) from net assets ($1.45 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 what is McKesson Corporation's book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
McKesson Corporation Tangible Net Worth Ratio (1995–2021)
This chart shows how McKesson Corporation's Tangible Net Worth Ratio has changed across 27 annual periods from 1995 to 2021. As of March 2021, the ratio stands at -99.0%, reflecting net assets of $1.45 Billion with intangible assets of $2.88 Billion USD. Also explore MCK net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for McKesson Corporation (1995–2021)
The table below presents the year-by-year Tangible Net Worth Ratio for McKesson Corporation from 1995 to 2021, 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 McKesson Corporation market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2021 | -99.0% | $1.45 Billion | $2.88 Billion | $65.02 Billion | ▼ -152.0 pp |
| 2020 | 53.0% | $6.71 Billion | $3.16 Billion | $61.25 Billion | ▼ -8.9 pp |
| 2019 | 61.9% | $9.68 Billion | $3.69 Billion | $59.67 Billion | ▼ -2.5 pp |
| 2018 | 64.4% | $11.52 Billion | $4.10 Billion | $60.38 Billion | ▼ -6.5 pp |
| 2017 | 70.9% | $12.60 Billion | $3.67 Billion | $60.97 Billion | ▼ -0.1 pp |
| 2016 | 71.0% | $10.41 Billion | $3.02 Billion | $56.56 Billion | ▲ +7.3 pp |
| 2015 | 63.7% | $9.47 Billion | $3.44 Billion | $53.87 Billion | ▲ +12.3 pp |
| 2014 | 51.3% | $10.32 Billion | $5.02 Billion | $51.76 Billion | ▼ -16.6 pp |
| 2013 | 67.9% | $7.07 Billion | $2.27 Billion | $34.79 Billion | ▼ -6.5 pp |
| 2012 | 74.4% | $6.83 Billion | $1.75 Billion | $33.09 Billion | ▼ -3.3 pp |
| 2011 | 77.7% | $7.22 Billion | $1.61 Billion | $30.89 Billion | ▼ -11.8 pp |
| 2010 | 89.6% | $7.53 Billion | $785.00 Million | $28.19 Billion | ▲ +3.8 pp |
| 2009 | 85.8% | $6.19 Billion | $882.00 Million | $25.27 Billion | ▼ -0.2 pp |
| 2008 | 86.0% | $6.12 Billion | $860.00 Million | $24.60 Billion | ▼ -1.6 pp |
| 2007 | 87.6% | $6.27 Billion | $779.00 Million | $23.94 Billion | ▼ -10.3 pp |
| 2006 | 97.8% | $5.91 Billion | $128.00 Million | $20.98 Billion | ▲ +7.3 pp |
| 2005 | 90.5% | $5.28 Billion | $500.00 Million | $18.77 Billion | ▲ +19.4 pp |
| 2004 | 71.1% | $5.17 Billion | $1.49 Billion | $16.24 Billion | ▲ +1.8 pp |
| 2003 | 69.3% | $4.72 Billion | $1.45 Billion | $14.35 Billion | ▼ -3.7 pp |
| 2002 | 73.0% | $4.14 Billion | $1.12 Billion | $13.32 Billion | ▲ +1.9 pp |
| 2001 | 71.1% | $3.69 Billion | $1.06 Billion | $11.53 Billion | ▲ +2.7 pp |
| 2000 | 68.5% | $3.76 Billion | $1.19 Billion | $10.37 Billion | ▲ +8.4 pp |
| 1999 | 60.1% | $3.08 Billion | $1.23 Billion | $9.08 Billion | ▲ +7.0 pp |
| 1998 | 53.0% | $1.60 Billion | $752.40 Million | $5.61 Billion | ▲ +3.6 pp |
| 1997 | 49.4% | $1.46 Billion | $736.20 Million | $5.17 Billion | ▼ -30.7 pp |
| 1996 | 80.1% | $1.12 Billion | $223.40 Million | $3.50 Billion | ▲ +0.1 pp |
| 1995 | 80.0% | $1.07 Billion | $214.30 Million | $3.48 Billion | — |