Molson Coors Beverage Company (TAP-A) — Tangible Net Worth Ratio

Latest as of March 2026: -14.9%

Molson Coors Beverage Company (TAP-A) has a Tangible Net Worth Ratio of -14.9% as of March 2026. This metric is calculated by deducting intangible assets ($11.88 Billion) from net assets ($10.34 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 working capital position of Molson Coors Beverage Company to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-14.9%
Tangible equity / total equity

Net Assets (Equity)

$10.34 Billion
USD

Intangible Assets

$11.88 Billion
Goodwill, patents, brand value

Total Assets

$22.37 Billion
USD

Molson Coors Beverage Company Tangible Net Worth Ratio (1985–2025)

This chart shows how Molson Coors Beverage Company's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of March 2026, the ratio stands at -14.9%, reflecting net assets of $10.34 Billion with intangible assets of $11.88 Billion USD. See defensive interval ratio of Molson Coors Beverage Company to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Molson Coors Beverage Company (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Molson Coors Beverage Company from 1985 to 2025, covering 41 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 how much is Molson Coors Beverage Company worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 -13.7% $10.54 Billion $11.99 Billion $22.74 Billion ▼ -23.1 pp
2024 9.3% $13.45 Billion $12.20 Billion $26.06 Billion ▲ +3.2 pp
2023 6.1% $13.44 Billion $12.61 Billion $26.38 Billion ▲ +5.2 pp
2022 0.9% $12.92 Billion $12.80 Billion $25.87 Billion ▼ -1.9 pp
2021 2.8% $13.66 Billion $13.29 Billion $27.62 Billion ▲ +10.2 pp
2020 -7.4% $12.62 Billion $13.56 Billion $27.33 Billion ▼ -7.5 pp
2019 0.1% $13.67 Billion $13.66 Billion $28.86 Billion ▲ +0.4 pp
2018 -0.3% $13.74 Billion $13.78 Billion $30.11 Billion ▲ +6.1 pp
2017 -6.4% $13.44 Billion $14.30 Billion $30.25 Billion ▲ +14.3 pp
2016 -20.7% $11.62 Billion $14.03 Billion $29.34 Billion ▼ -53.5 pp
2015 32.8% $7.06 Billion $4.75 Billion $12.28 Billion ▲ +5.8 pp
2014 27.0% $7.89 Billion $5.76 Billion $14.00 Billion ▲ +5.8 pp
2013 21.2% $8.66 Billion $6.83 Billion $15.58 Billion ▲ +11.8 pp
2012 9.5% $7.99 Billion $7.23 Billion $16.18 Billion ▼ -30.9 pp
2011 40.4% $7.69 Billion $4.59 Billion $12.42 Billion ▼ -0.3 pp
2010 40.6% $7.84 Billion $4.66 Billion $12.70 Billion ▲ +4.6 pp
2009 36.1% $7.09 Billion $4.53 Billion $12.02 Billion ▲ +1.6 pp
2008 34.5% $5.99 Billion $3.92 Billion $10.42 Billion ▲ +4.6 pp
2007 29.9% $7.19 Billion $5.04 Billion $13.45 Billion ▲ +4.9 pp
2006 25.0% $5.86 Billion $4.40 Billion $11.60 Billion ▲ +6.8 pp
2005 18.2% $5.41 Billion $4.42 Billion $11.80 Billion ▲ +8.1 pp
2004 10.1% $1.64 Billion $1.47 Billion $4.66 Billion ▲ +16.5 pp
2003 -6.4% $1.27 Billion $1.35 Billion $4.49 Billion ▲ +21.5 pp
2002 -27.9% $981.85 Million $1.26 Billion $4.30 Billion ▼ -118.9 pp
2001 90.9% $951.31 Million $86.29 Million $1.74 Billion ▼ -9.1 pp
2000 100.0% $932.39 Million $0.00 $1.63 Billion ▲ +3.7 pp
1999 96.3% $841.54 Million $31.00 Million $1.55 Billion ▼ -0.7 pp
1998 97.0% $774.80 Million $23.00 Million $1.46 Billion ▲ +0.2 pp
1997 96.9% $736.57 Million $23.00 Million $1.41 Billion ▼ -0.2 pp
1996 97.1% $715.49 Million $21.00 Million $1.36 Billion ▼ -2.9 pp
1995 100.0% $695.02 Million $0.00 $1.39 Billion ▲ +3.1 pp
1994 96.9% $674.20 Million $21.00 Million $1.37 Billion ▼ -1.1 pp
1993 98.0% $631.90 Million $12.80 Million $1.35 Billion ▼ -0.1 pp
1992 98.0% $685.40 Million $13.50 Million $1.37 Billion ▲ +0.4 pp
1991 97.7% $1.10 Billion $25.80 Million $1.99 Billion ▼ -0.3 pp
1990 97.9% $1.09 Billion $22.60 Million $1.76 Billion ▲ +0.1 pp
1989 97.8% $1.06 Billion $23.30 Million $1.53 Billion ▼ -0.2 pp
1988 98.0% $1.06 Billion $21.70 Million $1.57 Billion ▼ -1.7 pp
1987 99.7% $1.03 Billion $3.40 Million $1.46 Billion ▲ +0.0 pp
1986 99.6% $996.10 Million $3.50 Million $1.40 Billion ▲ +0.0 pp
1985 99.6% $936.50 Million $3.50 Million $1.30 Billion
pp = percentage points