Star Gas Partners LP (SGU) — Tangible Net Worth Ratio
Star Gas Partners LP (SGU) has a Tangible Net Worth Ratio of 60.1% as of September 2025. This metric is calculated by deducting intangible assets ($124.89 Million) from net assets ($312.95 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 Star Gas Partners LP short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Star Gas Partners LP Tangible Net Worth Ratio (1996–2025)
This chart shows how Star Gas Partners LP's Tangible Net Worth Ratio has changed across 30 annual periods from 1996 to 2025. As of September 2025, the ratio stands at 60.1%, reflecting net assets of $312.95 Million with intangible assets of $124.89 Million USD. See Star Gas Partners LP (SGU) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Star Gas Partners LP (1996–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Star Gas Partners LP from 1996 to 2025, covering 30 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 cap of Star Gas Partners LP.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 60.1% | $312.95 Million | $124.89 Million | $937.33 Million | ▼ -2.5 pp |
| 2024 | 62.6% | $263.89 Million | $98.71 Million | $939.61 Million | ▼ -8.5 pp |
| 2023 | 71.1% | $263.72 Million | $76.31 Million | $875.48 Million | ▲ +3.8 pp |
| 2022 | 67.2% | $257.92 Million | $84.51 Million | $912.48 Million | ▲ +1.6 pp |
| 2021 | 65.7% | $278.20 Million | $95.47 Million | $853.86 Million | ▲ +1.0 pp |
| 2020 | 64.7% | $255.82 Million | $90.29 Million | $838.62 Million | ▲ +6.0 pp |
| 2019 | 58.7% | $260.84 Million | $107.69 Million | $752.71 Million | ▼ -9.5 pp |
| 2018 | 68.2% | $309.79 Million | $98.44 Million | $729.97 Million | ▲ +2.6 pp |
| 2017 | 65.6% | $306.07 Million | $105.22 Million | $673.92 Million | ▼ -2.0 pp |
| 2016 | 67.6% | $301.49 Million | $97.66 Million | $692.97 Million | ▲ +4.6 pp |
| 2015 | 63.0% | $289.89 Million | $107.32 Million | $707.03 Million | ▼ -0.1 pp |
| 2014 | 63.1% | $273.25 Million | $100.78 Million | $685.11 Million | ▼ -11.1 pp |
| 2013 | 74.2% | $259.28 Million | $66.79 Million | $632.50 Million | ▲ +3.0 pp |
| 2012 | 71.3% | $260.14 Million | $74.71 Million | $639.35 Million | ▼ -9.5 pp |
| 2011 | 80.8% | $272.63 Million | $52.35 Million | $626.13 Million | ▲ +1.8 pp |
| 2010 | 79.0% | $279.91 Million | $58.89 Million | $582.51 Million | ▼ -14.4 pp |
| 2009 | 93.3% | $306.33 Million | $20.47 Million | $664.13 Million | ▲ +8.8 pp |
| 2008 | 84.6% | $199.98 Million | $30.86 Million | $605.43 Million | ▲ +7.0 pp |
| 2007 | 77.6% | $216.33 Million | $48.47 Million | $602.10 Million | ▲ +12.8 pp |
| 2006 | 64.8% | $173.32 Million | $61.01 Million | $581.21 Million | ▲ +21.5 pp |
| 2005 | 43.3% | $145.11 Million | $82.34 Million | $629.26 Million | ▲ +49.4 pp |
| 2004 | -6.2% | $169.77 Million | $180.24 Million | $960.98 Million | ▲ +143.7 pp |
| 2003 | -149.9% | $189.78 Million | $474.21 Million | $975.61 Million | ▼ -46.2 pp |
| 2002 | -103.6% | $232.26 Million | $473.00 Million | $943.77 Million | ▲ +34.1 pp |
| 2001 | -137.8% | $198.26 Million | $471.43 Million | $898.82 Million | ▼ -12.6 pp |
| 2000 | -125.2% | $139.18 Million | $313.40 Million | $618.98 Million | ▼ -30.8 pp |
| 1999 | -94.3% | $150.20 Million | $291.90 Million | $539.30 Million | ▼ -104.6 pp |
| 1998 | 10.3% | $57.30 Million | $51.40 Million | $179.60 Million | ▼ -16.1 pp |
| 1997 | 26.4% | $51.60 Million | $38.00 Million | $147.50 Million | ▼ -6.4 pp |
| 1996 | 32.7% | $61.40 Million | $41.30 Million | $156.90 Million | — |