Trinseo SA (TSE) — Tangible Net Worth Ratio
Trinseo SA (TSE) has a Tangible Net Worth Ratio of -3385.8% as of June 2023. This metric is calculated by deducting intangible assets ($739.00 Million) from net assets ($21.20 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 Trinseo SA working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Trinseo SA Tangible Net Worth Ratio (2009–2022)
This chart shows how Trinseo SA's Tangible Net Worth Ratio has changed across 14 annual periods from 2009 to 2022. As of June 2023, the ratio stands at -3385.8%, reflecting net assets of $21.20 Million with intangible assets of $739.00 Million USD. See TSE days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Trinseo SA (2009–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Trinseo SA from 2009 to 2022, covering 14 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 Trinseo SA.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | -83.7% | $420.30 Million | $772.00 Million | $3.76 Billion | ▼ -102.4 pp |
| 2021 | 18.7% | $1.01 Billion | $823.80 Million | $4.71 Billion | ▼ -53.8 pp |
| 2020 | 72.5% | $590.30 Million | $162.60 Million | $2.85 Billion | ▲ +1.1 pp |
| 2019 | 71.4% | $668.90 Million | $191.50 Million | $2.76 Billion | ▼ -3.8 pp |
| 2018 | 75.1% | $768.70 Million | $191.10 Million | $2.73 Billion | ▲ +5.9 pp |
| 2017 | 69.3% | $674.80 Million | $207.50 Million | $2.77 Billion | ▲ +8.1 pp |
| 2016 | 61.2% | $456.86 Million | $177.34 Million | $2.42 Billion | ▲ +1.9 pp |
| 2015 | 59.3% | $389.01 Million | $158.22 Million | $2.26 Billion | ▲ +10.9 pp |
| 2014 | 48.5% | $320.87 Million | $165.36 Million | $2.36 Billion | ▼ -1.6 pp |
| 2013 | 50.0% | $343.20 Million | $171.51 Million | $2.57 Billion | ▲ +10.4 pp |
| 2012 | 39.6% | $291.67 Million | $176.15 Million | $2.67 Billion | ▲ +92.5 pp |
| 2011 | -52.9% | $120.52 Million | $184.23 Million | $2.58 Billion | ▼ -125.5 pp |
| 2010 | 72.6% | $726.49 Million | $198.79 Million | $2.68 Billion | ▼ -25.7 pp |
| 2009 | 98.4% | $974.79 Million | $15.81 Million | $1.69 Billion | — |