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. See MSGS net 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
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. See MSGS days of operational coverage to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see market value of Madison Square Garden Sports Corp.
| 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 | — |