Transdigm Group Incorporated (TDG) — Tangible Net Worth Ratio

Latest as of June 2013: -47.5%

Transdigm Group Incorporated (TDG) has a Tangible Net Worth Ratio of -47.5% as of June 2013. This metric is calculated by deducting intangible assets ($1.18 Billion) from net assets ($801.73 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 TDG current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-47.5%
Tangible equity / total equity

Net Assets (Equity)

$801.73 Million
USD

Intangible Assets

$1.18 Billion
Goodwill, patents, brand value

Total Assets

$5.81 Billion
USD

Transdigm Group Incorporated Tangible Net Worth Ratio (2003–2012)

This chart shows how Transdigm Group Incorporated's Tangible Net Worth Ratio has changed across 10 annual periods from 2003 to 2012. As of June 2013, the ratio stands at -47.5%, reflecting net assets of $801.73 Million with intangible assets of $1.18 Billion USD. See how many days can Transdigm Group Incorporated fund operations to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Transdigm Group Incorporated (2003–2012)

The table below presents the year-by-year Tangible Net Worth Ratio for Transdigm Group Incorporated from 2003 to 2012, covering 10 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 Transdigm Group Incorporated stock valuation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2012 7.8% $1.22 Billion $1.12 Billion $5.05 Billion ▲ +10.0 pp
2011 -2.1% $810.95 Million $828.37 Million $4.51 Billion ▼ -34.6 pp
2010 32.5% $592.98 Million $400.39 Million $2.68 Billion ▼ -22.0 pp
2009 54.5% $819.16 Million $372.92 Million $2.45 Billion ▲ +8.9 pp
2008 45.5% $653.90 Million $356.19 Million $2.26 Billion ▲ +14.2 pp
2007 31.3% $487.55 Million $334.90 Million $2.06 Billion ▼ -6.4 pp
2006 37.8% $363.04 Million $225.96 Million $1.42 Billion ▲ +263.7 pp
2005 -225.9% $333.11 Million $1.09 Billion $1.43 Billion ▲ +24.1 pp
2004 -250.0% $297.41 Million $1.04 Billion $1.35 Billion ▲ +18.0 pp
2003 -268.0% $283.55 Million $1.04 Billion $1.32 Billion
pp = percentage points