Travel + Leisure Co (TNL) — Tangible Net Worth Ratio

Latest as of March 2018: -66.9%

Travel + Leisure Co (TNL) has a Tangible Net Worth Ratio of -66.9% as of March 2018. This metric is calculated by deducting intangible assets ($1.08 Billion) from net assets ($650.00 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 TNL current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-66.9%
Tangible equity / total equity

Net Assets (Equity)

$650.00 Million
USD

Intangible Assets

$1.08 Billion
Goodwill, patents, brand value

Total Assets

$11.10 Billion
USD

Travel + Leisure Co Tangible Net Worth Ratio (2001–2017)

This chart shows how Travel + Leisure Co's Tangible Net Worth Ratio has changed across 17 annual periods from 2001 to 2017. As of March 2018, the ratio stands at -66.9%, reflecting net assets of $650.00 Million with intangible assets of $1.08 Billion USD. See Travel + Leisure Co liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Travel + Leisure Co (2001–2017)

The table below presents the year-by-year Tangible Net Worth Ratio for Travel + Leisure Co from 2001 to 2017, covering 17 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 market value of Travel + Leisure Co.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2017 -22.8% $883.00 Million $1.08 Billion $10.40 Billion ▲ +34.2 pp
2016 -57.0% $718.00 Million $1.13 Billion $9.82 Billion ▼ -39.1 pp
2015 -17.8% $953.00 Million $1.12 Billion $9.72 Billion ▼ -29.2 pp
2014 11.4% $1.26 Billion $1.11 Billion $9.68 Billion ▼ -17.7 pp
2013 29.1% $1.62 Billion $1.15 Billion $9.74 Billion ▼ -9.3 pp
2012 38.4% $1.93 Billion $1.19 Billion $9.46 Billion ▼ -10.9 pp
2011 49.3% $2.23 Billion $1.13 Billion $9.02 Billion ▼ -25.6 pp
2010 74.9% $2.92 Billion $731.00 Million $9.42 Billion ▲ +14.0 pp
2009 60.9% $2.69 Billion $1.05 Billion $9.35 Billion ▲ +6.9 pp
2008 54.0% $2.34 Billion $1.08 Billion $9.57 Billion ▼ -16.5 pp
2007 70.5% $3.52 Billion $1.04 Billion $10.46 Billion ▼ -0.3 pp
2006 70.8% $3.56 Billion $1.04 Billion $9.52 Billion ▼ -9.5 pp
2005 80.3% $5.03 Billion $992.00 Million $9.17 Billion ▼ -19.7 pp
2004 100.0% $4.68 Billion $0.00 $8.34 Billion ▲ +0.0 pp
2003 100.0% $4.28 Billion $0.00 $7.04 Billion ▲ +0.0 pp
2002 100.0% $3.86 Billion $0.00 $5.51 Billion ▲ +0.0 pp
2001 100.0% $2.57 Billion $0.00 $3.60 Billion
pp = percentage points