Optimum Communications, Inc. (OPTU) — Tangible Net Worth Ratio
Optimum Communications, Inc. (OPTU) has a Tangible Net Worth Ratio of -2050.7% as of September 2020. This metric is calculated by deducting intangible assets ($16.03 Billion) from net assets ($745.34 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. Also explore OPTU net assets growth trend to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Optimum Communications, Inc. Tangible Net Worth Ratio (2016–2019)
This chart shows how Optimum Communications, Inc.'s Tangible Net Worth Ratio has changed across 4 annual periods from 2016 to 2019. As of September 2020, the ratio stands at -2050.7%, reflecting net assets of $745.34 Million with intangible assets of $16.03 Billion USD.
Annual Tangible Net Worth Ratio for Optimum Communications, Inc. (2016–2019)
The table below presents the year-by-year Tangible Net Worth Ratio for Optimum Communications, Inc. from 2016 to 2019, covering 4 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 live market cap and overall valuation, see market cap of Optimum Communications, Inc..
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2019 | -624.0% | $2.28 Billion | $16.50 Billion | $34.11 Billion | ▼ -256.3 pp |
| 2018 | -367.7% | $3.68 Billion | $17.21 Billion | $33.61 Billion | ▼ -139.1 pp |
| 2017 | -228.6% | $5.50 Billion | $18.09 Billion | $34.81 Billion | ▲ +625.8 pp |
| 2016 | -854.4% | $2.03 Billion | $19.37 Billion | $36.47 Billion | — |