Telephone and Data Systems Inc (TDS) — Tangible Net Worth Ratio
Telephone and Data Systems Inc (TDS) has a Tangible Net Worth Ratio of 97.8% as of June 2026. This metric is calculated by deducting intangible assets ($117.11 Million) from net assets ($5.40 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. Also explore net asset growth rate of Telephone and Data Systems Inc to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Telephone and Data Systems Inc Tangible Net Worth Ratio (1985–2025)
This chart shows how Telephone and Data Systems Inc's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of June 2026, the ratio stands at 97.8%, reflecting net assets of $5.40 Billion with intangible assets of $117.11 Million USD. For live market cap and overall valuation, see market cap of Telephone and Data Systems Inc.
Annual Tangible Net Worth Ratio for Telephone and Data Systems Inc (1985–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Telephone and Data Systems Inc 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. Explore how much does Telephone and Data Systems Inc reinvest in capital 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) |
|---|---|---|---|---|---|
| 2025 | 66.3% | $5.27 Billion | $1.77 Billion | $8.40 Billion | ▲ +47.0 pp |
| 2024 | 19.3% | $5.88 Billion | $4.75 Billion | $13.68 Billion | ▲ +0.6 pp |
| 2023 | 18.7% | $6.01 Billion | $4.88 Billion | $13.92 Billion | ▼ -7.2 pp |
| 2022 | 25.9% | $6.62 Billion | $4.90 Billion | $14.55 Billion | ▼ -10.5 pp |
| 2021 | 36.4% | $6.75 Billion | $4.29 Billion | $13.49 Billion | ▼ -12.8 pp |
| 2020 | 49.1% | $5.60 Billion | $2.85 Billion | $12.53 Billion | ▼ -0.7 pp |
| 2019 | 49.8% | $5.42 Billion | $2.72 Billion | $10.78 Billion | ▼ -4.1 pp |
| 2018 | 53.8% | $5.30 Billion | $2.45 Billion | $9.78 Billion | ▲ +5.2 pp |
| 2017 | 48.7% | $4.89 Billion | $2.51 Billion | $9.29 Billion | ▼ -5.6 pp |
| 2016 | 54.3% | $4.75 Billion | $2.17 Billion | $9.45 Billion | ▼ -0.3 pp |
| 2015 | 54.6% | $4.71 Billion | $2.14 Billion | $9.42 Billion | ▼ -5.8 pp |
| 2014 | 60.5% | $4.46 Billion | $1.76 Billion | $8.91 Billion | ▼ -4.9 pp |
| 2013 | 65.3% | $4.67 Billion | $1.62 Billion | $8.90 Billion | ▼ -1.6 pp |
| 2012 | 67.0% | $4.66 Billion | $1.54 Billion | $8.62 Billion | ▲ +0.5 pp |
| 2011 | 66.4% | $4.60 Billion | $1.54 Billion | $8.20 Billion | ▼ -0.1 pp |
| 2010 | 66.6% | $4.46 Billion | $1.49 Billion | $7.76 Billion | ▼ -0.3 pp |
| 2009 | 66.9% | $4.44 Billion | $1.47 Billion | $7.61 Billion | ▼ -0.4 pp |
| 2008 | 67.4% | $4.42 Billion | $1.44 Billion | $7.65 Billion | ▲ +1.1 pp |
| 2007 | 66.3% | $4.58 Billion | $1.54 Billion | $9.89 Billion | ▲ +3.3 pp |
| 2006 | 63.0% | $4.18 Billion | $1.55 Billion | $10.60 Billion | ▼ -0.8 pp |
| 2005 | 63.8% | $3.90 Billion | $1.41 Billion | $10.40 Billion | ▲ +20.1 pp |
| 2004 | 43.7% | $3.69 Billion | $2.08 Billion | $10.99 Billion | ▲ +1.8 pp |
| 2003 | 41.9% | $3.61 Billion | $2.10 Billion | $10.17 Billion | ▼ -25.7 pp |
| 2002 | 67.6% | $3.54 Billion | $1.15 Billion | $9.60 Billion | ▲ +9.9 pp |
| 2001 | 57.8% | $3.99 Billion | $1.68 Billion | $8.05 Billion | ▼ -10.9 pp |
| 2000 | 68.7% | $4.38 Billion | $1.37 Billion | $8.63 Billion | ▲ +13.1 pp |
| 1999 | 55.6% | $3.00 Billion | $1.33 Billion | $5.38 Billion | ▲ +12.0 pp |
| 1998 | 43.6% | $3.00 Billion | $1.69 Billion | $5.53 Billion | ▼ -36.9 pp |
| 1997 | 80.5% | $2.57 Billion | $500.60 Million | $4.97 Billion | ▲ +3.1 pp |
| 1996 | 77.4% | $2.49 Billion | $563.20 Million | $4.20 Billion | ▲ +0.3 pp |
| 1995 | 77.2% | $2.04 Billion | $466.70 Million | $3.47 Billion | ▼ -13.4 pp |
| 1994 | 90.5% | $1.79 Billion | $169.00 Million | $2.79 Billion | ▼ -3.3 pp |
| 1993 | 93.8% | $1.49 Billion | $92.30 Million | $2.26 Billion | ▲ +1.4 pp |
| 1992 | 92.4% | $1.05 Billion | $80.10 Million | $1.70 Billion | ▲ +4.1 pp |
| 1991 | 88.3% | $800.90 Million | $93.90 Million | $1.37 Billion | ▲ +4.1 pp |
| 1990 | 84.1% | $484.20 Million | $76.80 Million | $940.30 Million | ▼ -3.0 pp |
| 1989 | 87.1% | $395.40 Million | $50.90 Million | $771.20 Million | ▼ -12.9 pp |
| 1988 | 100.0% | $193.60 Million | $0.00 | $597.60 Million | ▲ +0.0 pp |
| 1987 | 100.0% | $136.30 Million | $0.00 | $500.80 Million | ▲ +0.0 pp |
| 1986 | 100.0% | $104.70 Million | $0.00 | $437.90 Million | ▲ +0.0 pp |
| 1985 | 100.0% | $87.10 Million | $0.00 | $406.40 Million | — |