The Changing Composition Of Corporate Balance Sheets
Photo by Fabien Bazanegue on Unsplash
The ratio of tangible to intangible (e.g., goodwill) has changed substantially over the years. In 1975 fully 83% of the S&P 500’s total assets were classed as tangible. That number has now fallen to 10% versus 90% that are intangible.
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