Madison Square Garden Sports Corp (MSGS) — Tangible Net Worth Ratio
Madison Square Garden Sports Corp (MSGS) has a Tangible Net Worth Ratio of 87.1% as of March 2020. This metric is calculated by deducting intangible assets ($334.91 Million) from net assets ($2.60 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. Also explore MSGS net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Madison Square Garden Sports Corp Tangible Net Worth Ratio (2013–2019)
This chart shows how Madison Square Garden Sports Corp's Tangible Net Worth Ratio has changed across 7 annual periods from 2013 to 2019. As of March 2020, the ratio stands at 87.1%, reflecting net assets of $2.60 Billion with intangible assets of $334.91 Million USD. For live market cap and overall valuation, see Madison Square Garden Sports Corp stock valuation.
Annual Tangible Net Worth Ratio for Madison Square Garden Sports Corp (2013–2019)
The table below presents the year-by-year Tangible Net Worth Ratio for Madison Square Garden Sports Corp from 2013 to 2019, covering 7 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. Explore Madison Square Garden Sports Corp capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2019 | 95.6% | $2.71 Billion | $118.46 Million | $3.83 Billion | ▲ +11.6 pp |
| 2018 | 84.0% | $2.63 Billion | $419.79 Million | $3.83 Billion | ▲ +1.0 pp |
| 2017 | 83.1% | $2.50 Billion | $423.82 Million | $3.75 Billion | ▼ -9.9 pp |
| 2016 | 92.9% | $2.59 Billion | $182.58 Million | $3.61 Billion | ▲ +8.4 pp |
| 2015 | 84.5% | $1.22 Billion | $189.17 Million | $2.15 Billion | ▲ +0.7 pp |
| 2014 | 83.8% | $1.19 Billion | $193.11 Million | $2.14 Billion | ▲ +5.0 pp |
| 2013 | 78.7% | $916.76 Million | $194.84 Million | $1.73 Billion | — |