Scotts Miracle-Gro Company (SMG) — Tangible Net Worth Ratio

Latest as of June 2023: -315.6%

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 net asset value for net asset value and shareholders' equity analysis.

Tangible NW Ratio

-315.6%
Tangible equity / total equity

Net Assets (Equity)

$134.80 Million
USD

Intangible Assets

$560.20 Million
Goodwill, patents, brand value

Total Assets

$4.45 Billion
USD

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. Also explore Scotts Miracle-Gro Company annual equity growth to track the company's year-over-year net asset growth rate.

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 (SMG) market capitalisation.

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
pp = percentage points