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Limit based on net tangible assets

International Business Machines Limit based on net tangible assets remained flat by 0.0% to $0.1 in Q1 2026 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $0.1 to $0.1. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryLeverage
SignalHigher is better
VolatilityStable
First reportedQ1 2020
Last reportedQ1 2026Apr 23, 2026

How to read this metric

Approaching this limit signals restricted financial flexibility and potential difficulty in accessing further capital.

Detailed definition

A contractual threshold defined in debt agreements that restricts the company's ability to incur additional debt or pay...

Peer comparison

Standard disclosure in the 'Debt' or 'Commitments and Contingencies' section of financial filings.

Metric ID: other_debt_covenant_limit_based_on_net_tangible_assets

Historical Data

5 periods
 Q1 '22Q1 '23Q1 '24Q1 '25Q1 '26
Value$0.1$0.1$0.1$0.1$0.1
QoQ Change+0.0%+0.0%+0.0%+0.0%
YoY Change+0.0%+0.0%+0.0%+0.0%
Range$0.1$0.1
CAGR+0.0%
Avg YoY Growth+0.0%
Median YoY Growth+0.0%
Current Streak4+ quarters growth

Frequently Asked Questions

What is International Business Machines's limit based on net tangible assets?
International Business Machines (IBM) reported limit based on net tangible assets of $0.1 in Q1 2026.
How has International Business Machines's limit based on net tangible assets changed year-over-year?
International Business Machines's limit based on net tangible assets decreased by 0.0% year-over-year, from $0.1 to $0.1.
What does limit based on net tangible assets mean?
A debt contract limit based on the value of the company's physical and intangible assets minus liabilities.