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. Also explore SMG shareholders equity momentum to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see Scotts Miracle-Gro Company stock valuation.
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. Explore capital reinvestment ratio of Scotts Miracle-Gro Company to see what proportion of operating cash flow is directed to capital expenditures.
| 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 | — |