Steelcase Inc (SCS) — Tangible Net Worth Ratio
Steelcase Inc (SCS) has a Tangible Net Worth Ratio of 93.1% as of August 2025. This metric is calculated by deducting intangible assets ($70.00 Million) from net assets ($1.02 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 SCS book value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Steelcase Inc Tangible Net Worth Ratio (1997–2025)
This chart shows how Steelcase Inc's Tangible Net Worth Ratio has changed across 29 annual periods from 1997 to 2025. As of August 2025, the ratio stands at 93.1%, reflecting net assets of $1.02 Billion with intangible assets of $70.00 Million USD. Also explore SCS shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Steelcase Inc (1997–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Steelcase Inc from 1997 to 2025, covering 29 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 Steelcase Inc.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 91.9% | $951.70 Million | $77.00 Million | $2.33 Billion | ▲ +2.6 pp |
| 2024 | 89.3% | $887.10 Million | $94.60 Million | $2.24 Billion | ▲ +2.8 pp |
| 2023 | 86.5% | $826.20 Million | $111.20 Million | $2.20 Billion | ▼ -3.4 pp |
| 2022 | 90.0% | $852.20 Million | $85.50 Million | $2.26 Billion | ▼ -0.6 pp |
| 2021 | 90.6% | $960.50 Million | $90.40 Million | $2.35 Billion | ▲ +1.2 pp |
| 2020 | 89.4% | $970.40 Million | $102.90 Million | $2.57 Billion | ▲ +3.5 pp |
| 2019 | 85.9% | $846.50 Million | $119.30 Million | $2.14 Billion | ▼ -8.5 pp |
| 2018 | 94.4% | $813.30 Million | $45.60 Million | $1.86 Billion | ▼ -3.4 pp |
| 2017 | 97.8% | $766.50 Million | $16.80 Million | $1.79 Billion | ▼ -0.3 pp |
| 2016 | 98.1% | $736.90 Million | $13.70 Million | $1.81 Billion | ▲ +0.4 pp |
| 2015 | 97.8% | $663.80 Million | $14.70 Million | $1.72 Billion | ▲ +0.2 pp |
| 2014 | 97.5% | $677.10 Million | $16.60 Million | $1.73 Billion | ▲ +0.4 pp |
| 2013 | 97.1% | $668.00 Million | $19.20 Million | $1.69 Billion | ▼ -0.2 pp |
| 2012 | 97.3% | $708.60 Million | $18.80 Million | $1.70 Billion | ▲ +0.4 pp |
| 2011 | 97.0% | $718.40 Million | $21.70 Million | $2.00 Billion | ▲ +0.6 pp |
| 2010 | 96.4% | $697.60 Million | $25.00 Million | $1.68 Billion | ▲ +0.5 pp |
| 2009 | 96.0% | $732.80 Million | $29.60 Million | $1.75 Billion | ▲ +1.3 pp |
| 2008 | 94.6% | $910.90 Million | $48.90 Million | $2.12 Billion | ▼ -0.1 pp |
| 2007 | 94.8% | $1.24 Billion | $64.60 Million | $2.40 Billion | ▲ +0.9 pp |
| 2006 | 93.9% | $1.20 Billion | $73.70 Million | $2.34 Billion | ▲ +18.1 pp |
| 2005 | 75.8% | $1.20 Billion | $290.00 Million | $2.36 Billion | ▲ +0.5 pp |
| 2004 | 75.3% | $1.21 Billion | $298.30 Million | $2.35 Billion | ▼ -0.4 pp |
| 2003 | 75.6% | $1.26 Billion | $306.00 Million | $2.34 Billion | ▲ +10.3 pp |
| 2002 | 65.3% | $1.56 Billion | $540.20 Million | $2.97 Billion | ▼ -10.0 pp |
| 2001 | 75.2% | $1.64 Billion | $405.10 Million | $3.16 Billion | ▲ +2.3 pp |
| 2000 | 72.9% | $1.56 Billion | $422.60 Million | $3.04 Billion | ▼ -20.4 pp |
| 1999 | 93.4% | $1.50 Billion | $99.60 Million | $2.18 Billion | ▼ -1.7 pp |
| 1998 | 95.0% | $1.33 Billion | $66.30 Million | $2.01 Billion | ▲ +0.1 pp |
| 1997 | 95.0% | $1.38 Billion | $69.50 Million | $1.92 Billion | — |