Philip Morris International Inc (PM) — Tangible Net Worth Ratio
Philip Morris International Inc (PM) has a Tangible Net Worth Ratio of -3047.4% as of September 2012. This metric is calculated by deducting intangible assets ($3.65 Billion) from net assets ($116.00 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 PM net asset value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Philip Morris International Inc Tangible Net Worth Ratio (2003–2011)
This chart shows how Philip Morris International Inc's Tangible Net Worth Ratio has changed across 9 annual periods from 2003 to 2011. As of September 2012, the ratio stands at -3047.4%, reflecting net assets of $116.00 Million with intangible assets of $3.65 Billion USD. Also explore net asset momentum of Philip Morris International Inc to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Philip Morris International Inc (2003–2011)
The table below presents the year-by-year Tangible Net Worth Ratio for Philip Morris International Inc from 2003 to 2011, covering 9 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 how much is Philip Morris International Inc worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2011 | -109.7% | $1.76 Billion | $3.70 Billion | $35.49 Billion | ▼ -134.1 pp |
| 2010 | 24.4% | $5.12 Billion | $3.87 Billion | $35.05 Billion | ▼ -17.9 pp |
| 2009 | 42.3% | $6.14 Billion | $3.55 Billion | $34.55 Billion | ▼ -16.6 pp |
| 2008 | 58.9% | $7.50 Billion | $3.08 Billion | $32.97 Billion | ▼ -28.7 pp |
| 2007 | 87.6% | $15.40 Billion | $1.91 Billion | $32.04 Billion | ▼ -1.0 pp |
| 2006 | 88.6% | $14.27 Billion | $1.63 Billion | $26.12 Billion | ▲ +2.2 pp |
| 2005 | 86.4% | $10.31 Billion | $1.40 Billion | $23.14 Billion | ▼ -12.5 pp |
| 2004 | 98.9% | $13.03 Billion | $141.00 Million | $21.25 Billion | ▼ -1.1 pp |
| 2003 | 100.0% | $10.49 Billion | $0.00 | $17.63 Billion | — |