Scotts Miracle-Gro Company (SMG) — Tangible Net Worth Ratio
Scotts Miracle-Gro Company (SMG) has a Tangible Net Worth Ratio of -315.6% as of June 2023. This metric is calculated by deducting intangible assets ($560.20 Million) from net assets ($134.80 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 SMG working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Scotts Miracle-Gro Company Tangible Net Worth Ratio (1992–2022)
This chart shows how Scotts Miracle-Gro Company's Tangible Net Worth Ratio has changed across 31 annual periods from 1992 to 2022. As of June 2023, the ratio stands at -315.6%, reflecting net assets of $134.80 Million with intangible assets of $560.20 Million USD. See SMG days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Scotts Miracle-Gro Company (1992–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Scotts Miracle-Gro Company from 1992 to 2022, covering 31 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 Scotts Miracle-Gro Company market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | -292.8% | $147.70 Million | $580.20 Million | $4.30 Billion | ▼ -322.8 pp |
| 2021 | 30.0% | $1.01 Billion | $709.60 Million | $4.80 Billion | ▲ +26.6 pp |
| 2020 | 3.4% | $702.90 Million | $679.20 Million | $3.38 Billion | ▲ +1.2 pp |
| 2019 | 2.2% | $723.20 Million | $707.50 Million | $3.03 Billion | ▲ +140.6 pp |
| 2018 | -138.4% | $359.60 Million | $857.30 Million | $3.05 Billion | ▼ -125.2 pp |
| 2017 | -13.2% | $661.70 Million | $748.90 Million | $2.75 Billion | ▼ -10.3 pp |
| 2016 | -2.8% | $730.20 Million | $750.90 Million | $2.81 Billion | ▲ +2.0 pp |
| 2015 | -4.8% | $633.10 Million | $663.50 Million | $2.53 Billion | ▼ -51.9 pp |
| 2014 | 47.1% | $567.20 Million | $300.30 Million | $2.06 Billion | ▼ -12.9 pp |
| 2013 | 60.0% | $710.50 Million | $284.40 Million | $1.94 Billion | ▲ +11.0 pp |
| 2012 | 49.0% | $601.90 Million | $307.10 Million | $2.07 Billion | ▲ +6.1 pp |
| 2011 | 42.9% | $559.80 Million | $319.60 Million | $2.04 Billion | ▼ -13.9 pp |
| 2010 | 56.8% | $764.50 Million | $330.20 Million | $2.16 Billion | ▲ +19.1 pp |
| 2009 | 37.7% | $584.50 Million | $364.20 Million | $2.22 Billion | ▲ +21.8 pp |
| 2008 | 15.9% | $436.70 Million | $367.20 Million | $2.16 Billion | ▲ +3.3 pp |
| 2007 | 12.6% | $479.30 Million | $418.80 Million | $2.28 Billion | ▼ -48.1 pp |
| 2006 | 60.7% | $1.08 Billion | $424.70 Million | $2.22 Billion | ▲ +45.8 pp |
| 2005 | 15.0% | $1.03 Billion | $872.40 Million | $2.02 Billion | ▲ +12.0 pp |
| 2004 | 2.9% | $874.60 Million | $848.90 Million | $2.05 Billion | ▲ +17.7 pp |
| 2003 | -14.7% | $728.20 Million | $835.50 Million | $2.03 Billion | ▲ +18.6 pp |
| 2002 | -33.3% | $593.90 Million | $791.70 Million | $1.90 Billion | ▲ +19.0 pp |
| 2001 | -52.3% | $506.20 Million | $771.10 Million | $1.84 Billion | ▲ +3.2 pp |
| 2000 | -55.5% | $477.90 Million | $743.10 Million | $1.76 Billion | ▲ +23.6 pp |
| 1999 | -79.1% | $443.30 Million | $794.10 Million | $1.77 Billion | ▼ -71.4 pp |
| 1998 | -7.7% | $403.90 Million | $435.10 Million | $1.04 Billion | ▼ -17.3 pp |
| 1997 | 9.5% | $389.30 Million | $352.20 Million | $787.60 Million | ▼ -11.8 pp |
| 1996 | 21.3% | $364.30 Million | $286.70 Million | $731.70 Million | ▼ -2.1 pp |
| 1995 | 23.4% | $383.60 Million | $293.70 Million | $807.40 Million | ▲ +2.8 pp |
| 1994 | 20.6% | $168.20 Million | $133.50 Million | $528.60 Million | ▼ -36.5 pp |
| 1993 | 57.1% | $143.00 Million | $61.30 Million | $321.60 Million | ▼ -10.9 pp |
| 1992 | 68.0% | $175.90 Million | $56.30 Million | $268.60 Million | — |