Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
100.0%
Across companies on this page
Companies with Data
31,332
With positive equity and balance sheet data
Highest Ratio
Alligo AB Series B
100.0%
Tangible Net Worth Ratio = (Net Assets − Intangible Assets) / Net Assets × 100
Measures the quality of equity by removing intangible assets (goodwill, patents, brand value). Companies with 100% have no intangibles in their equity base; companies below 0% have intangibles exceeding their total equity. Only companies with positive net assets are included.
Measures the quality of equity by removing intangible assets (goodwill, patents, brand value). Companies with 100% have no intangibles in their equity base; companies below 0% have intangibles exceeding their total equity. Only companies with positive net assets are included.
| Rank | Company | Tangible NW Ratio | Net Assets | Intangible Assets | Country | As of |
|---|---|---|---|---|---|---|
| 1 |
Alligo AB Series B
ST:ALLIGO-B |
100.0% |
Skr3.91 Billion
≈ $420.89 Million |
Skr0.00 | Sweden | Mar 2026 |
| 2 |
BTC Development Corp.
NASDAQ:BDCI |
100.0% | $248.11 Million | $0.00 | USA | Mar 2026 |
| 3 |
Novakand Pharma AB (publ)
ST:LARK |
100.0% |
Skr55.49 Million
≈ $5.97 Million |
Skr0.00 | USA | Dec 2025 |
| 4 |
NOMAD Power Solutions, Inc.
NASDAQ:NMAD |
100.0% | $9.18 Million | $0.00 | USA | Mar 2026 |
| 5 |
SL Science Holding Limited Ordinary Shares
NASDAQ:SLBT |
100.0% | $2.28 Million | $0.00 | USA | Dec 2025 |
| 6 |
GoHealth, Inc.
NASDAQ:GOCOQ |
100.0% | $48.97 Million | $0.00 | USA | Sep 2025 |
| 7 |
Jura Energy Corporation
V:JEC |
100.0% |
CA$361.21K
≈ $261.29K |
CA$0.00 | Canada | Sep 2025 |
| 8 |
Green Dot Corporation
NYSE:GDOT |
100.0% | $940.50 Million | $0.00 | USA | Mar 2026 |
| 9 |
Rocket One Inc.
NASDAQ:RKTO |
100.0% | $4.16 Million | $0.00 | USA | Mar 2026 |
| 10 |
PLGO
NYSE:PLGO |
100.0% | $2.25 Billion | $0.00 | USA | Mar 2026 |
| 11 |
Miluna Acquisition Corp Class A Ordinary Share
NASDAQ:MMTX |
100.0% | $2.19 Million | $0.00 | USA | Mar 2026 |
| 12 |
PGIM Short Duration High Yield Opportunities Fund
NYSE:SDHY |
100.0% | $434.15 Million | $0.00 | USA | Jul 2024 |
| 13 |
LightWave Acquisition Corp.
NASDAQ:LWAC |
100.0% | $215.09 Million | $0.00 | USA | Mar 2026 |
| 14 |
UTime Limited
NASDAQ:FXHO |
100.0% | $39.73 Million | $0.00 | USA | Sep 2025 |
| 15 |
Parabilis Medicines, Inc. Common Stock
NASDAQ:PBLS |
100.0% | $244.22 Million | $0.00 | USA | Mar 2026 |
| 16 |
Soulpower Acquisition Corporation
NYSE:SOUL |
100.0% | $248.42 Million | $0.00 | USA | Mar 2026 |
| 17 |
Skyline Builders Group Holding Limited
NASDAQ:KAZR |
100.0% | $2.32 Million | $0.00 | USA | Sep 2025 |
| 18 |
Battery Mineral Resources Corp
V:BMR |
100.0% |
CA$39.53 Million
≈ $28.59 Million |
CA$0.00 | Canada | Mar 2026 |
| 19 |
Horizon Quantum Holdings Ltd. Class A Ordinary Shares
NASDAQ:HQ |
100.0% | $107.99 Million | $0.00 | USA | Mar 2026 |
| 20 |
Faeth Therapeutics, Inc.
NASDAQ:FTH |
100.0% | $191.19 Million | $0.00 | USA | Mar 2026 |
| 21 |
The Century Co., Ltd.
KO:002420 |
100.0% |
₩24.57 Billion
≈ $16.65 Million |
₩0.00 | Korea | Mar 2026 |
| 22 |
Skymoons Technology Inc.
KQ:033790 |
100.0% |
₩107.14 Billion
≈ $72.61 Million |
₩0.00 | Korea | Mar 2026 |
| 23 |
Palatin Technologies, Inc. Common Stock
NASDAQ:PTN |
100.0% | $10.59 Million | $0.00 | USA | Mar 2026 |
| 24 |
UNIQUE
KLSE:0257 |
100.0% |
RM90.15 Million
≈ $22.63 Million |
RM0.00 | Malaysia | Mar 2026 |
| 25 |
Aureus Greenway Holdings Inc.
NASDAQ:PUSA |
100.0% | $41.57 Million | $0.00 | USA | Mar 2026 |
| 26 |
Marathon Bancorp, Inc. Common Stock
NASDAQ:MBBC |
100.0% | $47.54 Million | $0.00 | USA | Mar 2026 |
| 27 |
Sundaram Finance Holdings Limited
NSE:SUNDARMHLD |
100.0% |
Rs59.66 Billion
≈ $645.25 Million |
Rs0.00 | India | Sep 2025 |
| 28 |
KRAKacquisition Corp Class A Ordinary Shares
NASDAQ:KRAQ |
100.0% | $327.14 Million | $0.00 | USA | Mar 2026 |
| 29 |
Alussa Energy Acquisition Corp. II
NYSE:ALUB |
100.0% | $273.74 Million | $0.00 | USA | Mar 2026 |
| 30 |
White Pearl Acquisition Corp.
NYSE:WPAC |
100.0% | $1.91 Million | $0.00 | USA | Mar 2026 |
| 31 |
Cambridge Acquisition Corp. Class A Ordinary Shares
NASDAQ:CAQ |
100.0% | $223.70 Million | $0.00 | USA | Mar 2026 |
| 32 |
Empresa Distribuidora y Comercializadora Norte S.A.
BA:EDN |
100.0% |
AR$2.55 Trillion
≈ $1.85 Billion |
AR$0.00 | Argentina | Mar 2026 |
| 33 |
Eagle Financial Services Inc Common Stock
NASDAQ:EFSI |
100.0% | $190.33 Million | $0.00 | USA | Mar 2026 |
| 34 |
Dynamix Corp
NASDAQ:DYNC |
100.0% | $157.43 Million | $0.00 | USA | Mar 2026 |
| 35 |
Black Spade Acquisition III Co
NYSE:BIII |
100.0% | $167.69 Million | $0.00 | USA | Mar 2026 |
| 36 |
Linkage Global Inc
NASDAQ:UZX |
100.0% | $16.34 Million | $0.00 | USA | Sep 2025 |
| 37 |
Aduro Clean Technologies Inc. Common Stock
NASDAQ:ADUR |
100.0% | $40.32 Million | $0.00 | USA | Feb 2026 |
| 38 |
Iris Acquisition Corp II
NYSE:IRAB |
100.0% | $162.98 Million | $0.00 | USA | Mar 2026 |
| 39 |
The Hydration Pharmaceuticals Company Ltd
AU:HPC |
100.0% |
AU$2.71 Million
≈ $1.92 Million |
AU$0.00 | Australia | Jun 2025 |
| 40 |
CGRE AG
XETRA:CGX |
100.0% |
€26.44 Million
≈ $30.91 Million |
€0.00 | Germany | Dec 2024 |
| 41 |
Rice Acquisition Corporation 3
NYSE:KRSP |
100.0% | $337.95 Million | $0.00 | USA | Mar 2026 |
| 42 |
Community Bancorp. Common Stock
NASDAQ:CMTV |
100.0% | $116.84 Million | $0.00 | USA | Mar 2026 |
| 43 |
Pershing Square Inc.
NYSE:PS |
100.0% | $884.48 Million | $0.00 | USA | Mar 2026 |
| 44 |
CHRISTINA LAKE CANNABIS
F:CLB |
100.0% |
€16.84 Million
≈ $19.69 Million |
€0.00 | Germany | Nov 2025 |
| 45 |
Soren Acquisition Corp. Class A Ordinary Shares
NASDAQ:SORN |
100.0% | $256.95 Million | $0.00 | USA | Mar 2026 |
| 46 |
Mako Mining Corp Common Stock
NASDAQ:MAKO |
100.0% | $150.73 Million | $0.00 | USA | Mar 2026 |
| 47 |
TheRealReal Inc
NASDAQ:REAL |
100.0% | $73.13 Million | $0.00 | USA | Dec 2021 |
| 48 |
DUKE Robotics Corp. Common Stock
NASDAQ:DUKR |
100.0% | $100.00K | $0.00 | USA | Dec 2025 |
| 49 |
Neurotech International Ltd
AU:NTI |
100.0% |
AU$5.88 Million
≈ $4.16 Million |
AU$0.00 | Australia | Dec 2025 |
| 50 |
Odysight.ai Inc. Common Stock
NASDAQ:ODYS |
100.0% | $21.16 Million | $0.00 | USA | Mar 2026 |
| 51 |
Genetic Signatures Ltd
AU:GSS |
100.0% |
AU$44.09 Million
≈ $31.20 Million |
AU$0.00 | Australia | Dec 2025 |
| 52 |
QDRO Acquisition Corp. Class A Ordinary Shares
NASDAQ:QADR |
100.0% | $192.89 Million | $0.00 | USA | Mar 2026 |
| 53 |
Langgeng Makmur Industri Tbk
JK:LMPI |
100.0% |
Rp37.57 Billion
≈ $2.20 Million |
Rp0.00 | Indonesia | Mar 2026 |
| 54 |
Paloma Acquisition Corp I Class A Ordinary Shares
NASDAQ:PALO |
100.0% | $159.77 Million | $0.00 | USA | Mar 2026 |
| 55 |
FedEx Freight Holding Company, Inc.
NYSE:FDXF |
100.0% | $3.60 Billion | $0.00 | USA | Nov 2025 |
| 56 |
Tenaris SA ADR
NYSE:TS |
100.0% | $17.35 Billion | $0.00 | USA | Mar 2026 |
| 57 |
United States Antimony Corporation
NYSE:UAMY |
100.0% | $131.89 Million | $0.00 | USA | Mar 2026 |
| 58 |
Isabella Bank Corporation
NASDAQ:ISBA |
100.0% | $233.96 Million | $0.00 | USA | Mar 2026 |
| 59 |
Bear Creek Mining Corporation
V:BCM |
100.0% |
CA$8.61 Million
≈ $6.23 Million |
CA$0.00 | Canada | Jun 2025 |
| 60 |
Medicus Pharma Ltd. Common Stock
NASDAQ:MDCX |
100.0% | $1.43 Million | $0.00 | USA | Mar 2026 |
| 61 |
BioHarvest Sciences Inc. Common Stock
NASDAQ:BHST |
100.0% | $23.02 Million | $0.00 | USA | Mar 2026 |
| 62 |
Pyrophyte Acquisition Corp. II
NYSE:PAII |
100.0% | $196.80 Million | $0.00 | USA | Mar 2026 |
| 63 |
Diamondrock Hospitality Company Common Stock
NASDAQ:DRH |
100.0% | $1.45 Billion | $0.00 | USA | Mar 2026 |
| 64 |
X3 Acquisition Corp. Ltd. Class A Ordinary Shares
NASDAQ:XCBE |
100.0% | $222.02 Million | $0.00 | USA | Mar 2026 |
| 65 |
Naturgy Energy Group SA
MC:NTGY |
100.0% |
€10.13 Billion
≈ $11.85 Billion |
€0.00 | Spain | Mar 2026 |
| 66 |
AXIA Energia SA
NYSE:AXIA-PC |
100.0% | $121.20 Billion | $0.00 | USA | Mar 2026 |
| 67 |
Pacific Assets Trust plc
LSE:PAC |
100.0% |
GBX470.77 Million
≈ $57.28K |
GBX0.00 | UK | Jan 2026 |
| 68 |
AGNC Investment Corp.
NASDAQ:AGNC |
100.0% | $12.18 Billion | $0.00 | USA | Mar 2026 |
| 69 |
American Exceptionalism Acquisition Corp. A
NYSE:AEXA |
100.0% | $331.36 Million | $0.00 | USA | Mar 2026 |
| 70 |
Eva Live Inc. Common Stock
NASDAQ:GOAI |
100.0% | $12.35 Million | $0.00 | USA | Mar 2026 |
| 71 |
Blue Star Capital plc
LSE:BLU |
100.0% |
GBX2.33 Million
≈ $283.48 |
GBX0.00 | UK | Mar 2026 |
| 72 |
ChronoScale Corporation
NASDAQ:CHRN |
100.0% | $98.48 Million | $0.00 | USA | Nov 2025 |
| 73 |
Ample Electronic Technology Co Ltd
TWO:4760 |
100.0% |
NT$1.06 Billion
≈ $33.26 Million |
NT$0.00 | Taiwan | Dec 2025 |
| 74 |
Bleichroeder Acquisition Corp. II Class A Ordinary Shares
NASDAQ:BBCQ |
100.0% | $274.65 Million | $0.00 | USA | Mar 2026 |
| 75 |
Many Peaks Minerals Ltd
AU:MPK |
100.0% |
AU$30.71 Million
≈ $21.73 Million |
AU$0.00 | Australia | Dec 2025 |
| 76 |
MRO-TEK Realty Limited
NSE:MRO-TEK |
100.0% |
Rs815.94 Million
≈ $8.82 Million |
Rs0.00 | India | Mar 2025 |
| 77 |
Scpharmaceuticals Inc
NASDAQ:SCPH |
100.0% | $13.32 Million | $0.00 | USA | Dec 2024 |
| 78 |
Western Asset Investment Grade Defined Opportunity Closed Fund
NYSE:IGI |
100.0% | $106.19 Million | $0.00 | USA | Nov 2025 |
| 79 |
Nvni Group Limited Ordinary Shares
NASDAQ:NVNI |
100.0% | $173.95 Million | $0.00 | USA | Jun 2023 |
| 80 |
NINtec Systems Limited
NSE:NINSYS |
100.0% |
Rs916.28 Million
≈ $9.91 Million |
Rs0.00 | India | Mar 2026 |
| 81 |
Westhaven Ventures Inc
V:WHN |
100.0% |
CA$44.62 Million
≈ $32.28 Million |
CA$0.00 | Canada | Mar 2026 |
| 82 |
ABM International Limited
NSE:ABMINTLLTD |
100.0% |
Rs135.28 Million
≈ $1.46 Million |
Rs0.00 | India | Mar 2025 |
| 83 |
Infinity Lithium Corporation Ltd
AU:INF |
100.0% |
AU$2.89 Million
≈ $2.04 Million |
AU$0.00 | Australia | Dec 2025 |
| 84 |
Cedar Woods Properties Ltd
AU:CWP |
100.0% |
AU$489.19 Million
≈ $346.14 Million |
AU$0.00 | Australia | Jun 2025 |
| 85 |
Bajaj Holdings & Investment Limited
NSE:BAJAJHLDNG |
100.0% |
Rs824.18 Billion
≈ $8.91 Billion |
Rs0.00 | India | Mar 2026 |
| 86 |
Upsellon Brands Holdings Ltd
TA:CHR |
100.0% |
ILA11.74 Million
≈ $31.48K |
ILA0.00 | Israel | Jun 2018 |
| 87 |
Akkhie Prakarn Public Company Limited
BK:AKP |
100.0% |
฿702.33 Million
≈ $21.89 Million |
฿0.00 | Thailand | Mar 2026 |
| 88 |
Passage Bio Inc
NASDAQ:PASG |
100.0% | $31.12 Million | $0.00 | USA | Sep 2025 |
| 89 |
Chunghwa Precision Test Tech Co Ltd
TWO:6510 |
100.0% |
NT$8.78 Billion
≈ $276.63 Million |
NT$0.00 | Taiwan | Dec 2025 |
| 90 |
Krakatoa Resources Ltd
AU:KTA |
100.0% |
AU$1.96 Million
≈ $1.39 Million |
AU$0.00 | Australia | Jun 2025 |
| 91 |
Ascendis Health Ltd
JSE:ASC |
100.0% |
ZAC629.73 Million
≈ $334.67K |
ZAC0.00 | South Africa | Jun 2025 |
| 92 |
AVILA ENERGY CORP.
F:6HQ0 |
100.0% |
€5.80 Million
≈ $6.78 Million |
€0.00 | Germany | Sep 2024 |
| 93 |
Societe de Tayninh SA
PA:TAYN |
100.0% |
€18.33 Million
≈ $21.42 Million |
€0.00 | France | Jun 2025 |
| 94 |
Claros Mortgage Trust Inc
NYSE:CMTG |
100.0% | $1.75 Billion | $0.00 | USA | Sep 2025 |
| 95 |
Morgan Stanley Direct Lending Fund
NYSE:MSDL |
100.0% | $1.69 Billion | $0.00 | USA | Mar 2026 |
| 96 |
CSX Corporation
NASDAQ:CSX |
100.0% | $13.58 Billion | $0.00 | USA | Mar 2026 |
| 97 |
Royal Caribbean Cruises Ltd
NYSE:RCL |
100.0% | $10.03 Billion | $0.00 | USA | Mar 2026 |
| 98 |
Gagasan Nadi Cergas Berhad
KLSE:0206 |
100.0% |
RM469.56 Million
≈ $117.89 Million |
RM0.00 | Malaysia | Sep 2025 |
| 99 |
Indaptus Therapeutics Inc
NASDAQ:INDP |
100.0% | $3.15 Million | $0.00 | USA | Dec 2025 |
| 100 |
Guna Timur Raya PT
JK:TRUK |
100.0% |
Rp43.75 Billion
≈ $2.56 Million |
Rp0.00 | Indonesia | Jun 2025 |