MRC Global Inc (MRC) — Tangible Net Worth Ratio

Latest as of September 2025: 75.5%

MRC Global Inc (MRC) has a Tangible Net Worth Ratio of 75.5% as of September 2025. This metric is calculated by deducting intangible assets ($130.00 Million) from net assets ($531.00 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 MRC Global Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

75.5%
Tangible equity / total equity

Net Assets (Equity)

$531.00 Million
USD

Intangible Assets

$130.00 Million
Goodwill, patents, brand value

Total Assets

$1.79 Billion
USD

MRC Global Inc Tangible Net Worth Ratio (2006–2024)

This chart shows how MRC Global Inc's Tangible Net Worth Ratio has changed across 18 annual periods from 2006 to 2024. As of September 2025, the ratio stands at 75.5%, reflecting net assets of $531.00 Million with intangible assets of $130.00 Million USD. See MRC Global Inc (MRC) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for MRC Global Inc (2006–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for MRC Global Inc from 2006 to 2024, covering 18 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 MRC Global Inc (MRC) market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2024 72.3% $516.00 Million $143.00 Million $1.62 Billion ▼ -8.4 pp
2023 80.7% $843.00 Million $163.00 Million $1.89 Billion ▲ +5.4 pp
2022 75.3% $741.00 Million $183.00 Million $1.90 Billion ▲ +5.4 pp
2021 69.9% $678.00 Million $204.00 Million $1.67 Billion ▲ +2.4 pp
2020 67.5% $705.00 Million $229.00 Million $1.78 Billion ▼ -4.3 pp
2019 71.8% $997.00 Million $281.00 Million $2.33 Billion ▲ +2.6 pp
2018 69.2% $1.05 Billion $322.00 Million $2.43 Billion ▲ +2.3 pp
2017 67.0% $1.11 Billion $368.00 Million $2.34 Billion ▲ +3.7 pp
2016 63.2% $1.12 Billion $411.00 Million $2.16 Billion ▼ -1.8 pp
2015 65.0% $1.31 Billion $458.80 Million $2.50 Billion ▲ +15.2 pp
2014 49.8% $1.40 Billion $701.12 Million $3.87 Billion ▲ +2.7 pp
2013 47.1% $1.34 Billion $708.01 Million $3.34 Billion ▲ +10.3 pp
2012 36.8% $1.19 Billion $749.27 Million $3.37 Billion ▲ +43.9 pp
2011 -7.1% $720.86 Million $771.87 Million $3.23 Billion ▲ +11.4 pp
2010 -18.5% $689.76 Million $817.16 Million $2.99 Billion ▼ -0.7 pp
2009 -17.8% $743.90 Million $875.99 Million $3.08 Billion ▲ +5.6 pp
2007 -23.3% $1.31 Billion $1.62 Billion $2.93 Billion ▼ -120.7 pp
2006 97.4% $258.19 Million $6.66 Million $481.00 Million
pp = percentage points