Companies by Tangible Net Worth Ratio

Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets

Average Tangible NW Ratio

98.9%
Across companies on this page

Companies with Data

31,440
With positive equity and balance sheet data
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.
Rank Company Tangible NW Ratio Net Assets Intangible Assets Country As of
14901 Rafael Holdings, Inc.
NYSE:RFL 		98.9% $83.26 Million $929.00K USA Jan 2026
14902 CHINA RES.LAND UNS.ADR/10
F:CHZ0 		98.9% €419.32 Billion
≈ $490.22 Billion 		€4.68 Billion Germany Dec 2025
14903 Kingdom Holdings Limited
F:K7A 		98.9% €1.49 Billion
≈ $1.74 Billion 		€16.64 Million Germany Dec 2025
14904 SpareBank 1 Østlandet
OL:SPOL 		98.9% Nkr27.84 Billion
≈ $2.93 Billion 		Nkr311.00 Million Norway Dec 2025
14905 Omni-Lite Industries Canada Inc.
V:OML 		98.9% CA$14.84 Million
≈ $10.73 Million 		CA$165.82K Canada Mar 2026
14906 Broadwind Energy Inc
NASDAQ:BWEN 		98.9% $66.29 Million $741.00K USA Dec 2025
14907 Greencore Group plc
F:GCG 		98.9% €492.00 Million
≈ $575.20 Million 		€5.50 Million Germany Sep 2025
14908 Greencore Group
LSE:GNC 		98.9% GBX492.00 Million
≈ $59.86K 		GBX5.50 Million UK Sep 2025
14909 Malaysian Resources Corporation
KLSE:1651 		98.9% RM4.72 Billion
≈ $1.18 Billion 		RM52.76 Million Malaysia Dec 2025
14910 Amir Marketing and Investments in Agriculture Ltd
TA:AMRK 		98.9% ILA411.40 Million
≈ $1.10 Million 		ILA4.60 Million Israel Sep 2025
14911 Nanjing Quanxin Cable Technology Co Ltd
SHE:300447 		98.9% CN¥2.01 Billion
≈ $293.98 Million 		CN¥22.47 Million China Mar 2026
14912 Bank Pan Indonesia Tbk
JK:PNBN 		98.9% Rp57.09 Trillion
≈ $3.35 Billion 		Rp638.61 Billion Indonesia Jun 2026
14913 Air Busan Co Ltd
KO:298690 		98.9% ₩161.20 Billion
≈ $109.24 Million 		₩1.80 Billion Korea Dec 2025
14914 Korea Mcnulty Co Ltd
KQ:222980 		98.9% ₩37.17 Billion
≈ $25.19 Million 		₩415.76 Million Korea Dec 2025
14915 Chartwell Retirement Residences
TO:CSH-UN 		98.9% CA$1.83 Billion
≈ $1.32 Billion 		CA$20.44 Million Canada Mar 2026
14916 Mereo BioPharma Group PLC ADR
NASDAQ:MREO 		98.9% $34.05 Million $381.00K USA Mar 2026
14917 DE&T Co. Ltd
KQ:079810 		98.9% ₩166.28 Billion
≈ $112.68 Million 		₩1.86 Billion Korea Dec 2025
14918 Bajaj Finserv Limited
NSE:BAJAJFINSV 		98.9% Rs1.43 Trillion
≈ $15.51 Billion 		Rs16.05 Billion India Mar 2026
14919 Compa Sibiu
RO:CMP 		98.9% RON509.65 Million
≈ $117.02 Million 		RON5.71 Million Romania Mar 2026
14920 Optotech Corp
TW:2340 		98.9% NT$7.35 Billion
≈ $231.56 Million 		NT$82.32 Million Taiwan Jun 2025
14921 Refex Industries Limited
NSE:REFEX 		98.9% Rs15.09 Billion
≈ $163.15 Million 		Rs169.04 Million India Mar 2026
14922 GEE Group Inc
NYSE MKT:JOB 		98.9% $49.97 Million $560.00K USA Dec 2025
14923 Destination XL Group Inc
NASDAQ:DXLG 		98.9% $102.57 Million $1.15 Million USA Apr 2026
14924 Gravity Co. Ltd
F:GD8A 		98.9% €637.37 Billion
≈ $745.15 Billion 		€7.16 Billion Germany Dec 2025
14925 Hancom WITH Inc
KQ:054920 		98.9% ₩150.04 Billion
≈ $101.68 Million 		₩1.69 Billion Korea Mar 2026
14926 GS P&L CO LTD
KO:499790 		98.9% ₩1.26 Trillion
≈ $851.66 Million 		₩14.14 Billion Korea Sep 2025
14927 P&H Tech Co. Ltd.
KQ:239890 		98.9% ₩55.09 Billion
≈ $37.33 Million 		₩619.76 Million Korea Sep 2025
14928 Zhihu Inc ADR
NYSE:ZH 		98.9% $4.21 Billion $47.36 Million USA Jun 2025
14929 Carbochim SA
RO:CBC 		98.9% RON52.26 Million
≈ $12.00 Million 		RON588.50K Romania Mar 2026
14930 Zhewen Pictures Group Co Ltd
SHG:601599 		98.9% CN¥1.54 Billion
≈ $225.72 Million 		CN¥17.38 Million China Sep 2025
14931 Inmyshow Digital Technology Group Co Ltd
SHG:600556 		98.9% CN¥3.81 Billion
≈ $558.15 Million 		CN¥42.99 Million China Mar 2026
14932 CAPRAL LTD.
F:CBZ 		98.9% €243.81 Million
≈ $285.03 Million 		€2.75 Million Germany Dec 2025
14933 Capral Ltd
AU:CAA 		98.9% AU$243.81 Million
≈ $172.51 Million 		AU$2.75 Million Australia Dec 2025
14934 Lontrue Co Ltd
SHE:300175 		98.9% CN¥498.30 Million
≈ $72.92 Million 		CN¥5.62 Million China Mar 2026
14935 Montebalito S.A.
MC:MTB 		98.9% €78.77 Million
≈ $92.09 Million 		€889.00K Spain Dec 2025
14936 Flexion Mobile PLC
ST:FLEXM 		98.9% Skr466.43 Million
≈ $50.20 Million 		Skr5.27 Million Sweden Sep 2025
14937 DUG Technology Ltd
AU:DUG 		98.9% AU$47.28 Million
≈ $33.45 Million 		AU$534.00K Australia Jun 2025
14938 Bullish
NYSE:BLSH 		98.9% $2.70 Billion $30.54 Million USA Mar 2026
14939 Time Publishing and Media Co Ltd Class A
SHG:600551 		98.9% CN¥6.02 Billion
≈ $881.62 Million 		CN¥68.06 Million China Mar 2026
14940 Caterpillar Inc
NYSE:CAT 		98.9% $21.32 Billion $241.00 Million USA Dec 2025
14941 Okta Inc
NASDAQ:OKTA 		98.9% $6.90 Billion $78.00 Million USA Apr 2026
14942 Comelf SA
RO:CMF 		98.9% RON77.74 Million
≈ $17.85 Million 		RON879.02K Romania Mar 2026
14943 Bellevue Group AG
SW:BBN 		98.9% CHF112.53 Million
≈ $142.27 Million 		CHF1.27 Million Switzerland Jun 2025
14944 Pyung Hwa Ind
KO:090080 		98.9% ₩70.69 Billion
≈ $47.91 Million 		₩800.25 Million Korea Mar 2026
14945 Zuger Kantonalbank
SW:ZUGER 		98.9% CHF1.62 Billion
≈ $2.05 Billion 		CHF18.32 Million Switzerland Dec 2025
14946 LifeMD Inc
NASDAQ:LFMD 		98.9% $23.16 Million $262.33K USA Dec 2025
14947 The Navakij Insurance Public Company Limited
BK:NKI 		98.9% ฿1.69 Billion
≈ $52.71 Million 		฿19.16 Million Thailand Mar 2026
14948 Genertec Universal Medical Group Company Limited
F:5UM 		98.9% €25.04 Billion
≈ $29.27 Billion 		€284.11 Million Germany Dec 2025
14949 Korea Investment Holdings Co Ltd
KO:071055 		98.9% ₩12.86 Trillion
≈ $8.71 Billion 		₩146.04 Billion Korea Mar 2026
14950 Paladin Energy Ltd
AU:PDN 		98.9% AU$1.09 Billion
≈ $768.91 Million 		AU$12.35 Million Australia Sep 2025
14951 KPX Lifescience.Co.Ltd
KQ:114450 		98.9% ₩35.13 Billion
≈ $23.81 Million 		₩399.55 Million Korea Sep 2025
14952 Birlik Mensucat Ticaret ve Sanayi Isletmesi AS
IS:BRMEN 		98.9% TL9.63 Million
≈ $215.70K 		TL109.56K Turkey Mar 2025
14953 Yubico AB
ST:YUBICO 		98.9% Skr1.64 Billion
≈ $176.88 Million 		Skr18.70 Million Sweden Jun 2025
14954 Seazen Holdings Co Ltd
SHG:601155 		98.9% CN¥77.58 Billion
≈ $11.35 Billion 		CN¥883.22 Million China Mar 2026
14955 Somboon Advance Technology Public Company Limited
BK:SAT 		98.9% ฿8.55 Billion
≈ $266.48 Million 		฿97.39 Million Thailand Mar 2026
14956 Shanghai Dragonnet Tech
SHE:300245 		98.9% CN¥1.25 Billion
≈ $182.65 Million 		CN¥14.22 Million China Jun 2025
14957 Mawana Sugars Limited
NSE:MAWANASUG 		98.9% Rs5.25 Billion
≈ $56.74 Million 		Rs59.80 Million India Mar 2026
14958 Inly Media Co Ltd
SHG:603598 		98.9% CN¥223.46 Million
≈ $32.70 Million 		CN¥2.55 Million China Mar 2026
14959 Elgi Rubber Company Limited
NSE:ELGIRUBCO 		98.9% Rs756.93 Million
≈ $8.19 Million 		Rs8.63 Million India Mar 2026
14960 Alquiber Quality SA
MC:ALQ 		98.9% €53.30 Million
≈ $62.32 Million 		€608.39K Spain Dec 2025
14961 VAA Vista Alegre Atlantis SGPS SA
LS:VAF 		98.9% €91.64 Million
≈ $107.14 Million 		€1.05 Million Portugal Sep 2025
14962 MFEC PCL
BK:MFEC 		98.9% ฿2.72 Billion
≈ $84.63 Million 		฿31.02 Million Thailand Mar 2026
14963 KANGWON Co. Ltd
KQ:114190 		98.9% ₩63.80 Billion
≈ $43.23 Million 		₩728.90 Million Korea Sep 2025
14964 Libertas 7 SA
MC:LIB 		98.9% €98.81 Million
≈ $115.52 Million 		€1.13 Million Spain Jun 2025
14965 Fujian Tendering Co. Ltd.
SHE:301136 		98.9% CN¥1.49 Billion
≈ $217.67 Million 		CN¥17.01 Million China Mar 2026
14966 Qilian International Holding Group Limited
NASDAQ:BGM 		98.9% $392.14 Million $4.49 Million USA Sep 2025
14967 Tongyu Communication Inc
SHE:002792 		98.9% CN¥2.84 Billion
≈ $414.90 Million 		CN¥32.45 Million China Mar 2026
14968 Wooree Lighting Co.Ltd
KQ:037400 		98.9% ₩330.17 Billion
≈ $223.75 Million 		₩3.78 Billion Korea Sep 2025
14969 Santam
JSE:SNT 		98.9% ZAC16.58 Billion
≈ $8.81 Million 		ZAC190.00 Million South Africa Dec 2025
14970 Industri Dan Perdagangan Bintraco Dharma Tbk PT
JK:CARS 		98.9% Rp1.18 Trillion
≈ $69.27 Million 		Rp13.56 Billion Indonesia Jun 2025
14971 Sabina Public Company Limited
BK:SABINA 		98.9% ฿1.84 Billion
≈ $57.35 Million 		฿21.11 Million Thailand Dec 2025
14972 Daktronics Inc
NASDAQ:DAKT 		98.9% $293.74 Million $3.37 Million USA Jan 2026
14973 Compal Electronics Inc
TW:2324 		98.9% NT$141.17 Billion
≈ $4.45 Billion 		NT$1.62 Billion Taiwan Sep 2025
14974 Popular Vehicles and Services Limited
NSE:PVSL 		98.9% Rs6.28 Billion
≈ $67.90 Million 		Rs72.07 Million India Mar 2026
14975 Clearmind Medicine Inc. Common Shares
NASDAQ:CMND 		98.9% $8.23 Million $94.55K USA Jan 2026
14976 YeaRimDang Publishing Co. Ltd
KQ:036000 		98.9% ₩254.96 Billion
≈ $172.78 Million 		₩2.93 Billion Korea Mar 2026
14977 AT & S Austria Technologie & Systemtechnik Aktiengesellschaft
VI:ATS 		98.9% €1.05 Billion
≈ $1.23 Billion 		€12.07 Million Austria Mar 2026
14978 Home Federal Bancorp Louisiana
NASDAQ:HFBL 		98.9% $58.76 Million $675.00K USA Jun 2026
14979 Gyeongnam Steel Co. Ltd
KQ:039240 		98.9% ₩113.95 Billion
≈ $77.22 Million 		₩1.31 Billion Korea Dec 2025
14980 Landmark Bancorp Inc
NASDAQ:LARK 		98.9% $161.61 Million $1.86 Million USA Mar 2026
14981 ABN AMRO BK.UNSP.ADR/1
F:AB2A 		98.8% €27.04 Billion
≈ $31.62 Billion 		€311.00 Million Germany Dec 2025
14982 Edesa Holding SA
BA:EDSH 		98.8% AR$417.33 Billion
≈ $301.98 Million 		AR$4.80 Billion Argentina Mar 2026
14983 ALPHAMAB ONCOLO.DL-000002
F:3NK 		98.8% €1.71 Billion
≈ $2.00 Billion 		€19.70 Million Germany Dec 2025
14984 HORNBACH Baumarkt AG
HM:HBM 		98.8% €1.44 Billion
≈ $1.68 Billion 		€16.57 Million Germany Feb 2022
14985 Gubra A/S
CO:GUBRA 		98.8% Dkr1.15 Billion
≈ $179.29 Million 		Dkr13.22 Million Denmark Dec 2025
14986 Bystronic AG
SW:BYS 		98.8% CHF615.40 Million
≈ $778.03 Million 		CHF7.10 Million Switzerland Jun 2025
14987 Frtek Co.Ltd
KQ:073540 		98.8% ₩60.53 Billion
≈ $41.02 Million 		₩698.90 Million Korea Sep 2025
14988 Vikas Lifecare Limited
NSE:VIKASLIFE 		98.8% Rs5.54 Billion
≈ $59.91 Million 		Rs63.97 Million India Sep 2025
14989 LINAS AGRO GROUP EO 029
F:YG4 		98.8% €371.02 Million
≈ $433.76 Million 		€4.29 Million Germany Dec 2025
14990 Haitai Confectionery and Foods Co Ltd
KO:101530 		98.8% ₩302.10 Billion
≈ $204.73 Million 		₩3.49 Billion Korea Sep 2025
14991 Vallourec
PA:VK 		98.8% €2.33 Billion
≈ $2.73 Billion 		€27.00 Million France Sep 2025
14992 Commercial Bancgroup, Inc. Common Stock
NASDAQ:CBK 		98.8% $302.62 Million $3.50 Million USA Jun 2026
14993 Swatch Group AG Class N
SW:UHRN 		98.8% CHF11.50 Billion
≈ $14.53 Billion 		CHF133.00 Million Switzerland Jun 2026
14994 Solus Advanced Materials Co Ltd
KO:336370 		98.8% ₩964.33 Billion
≈ $653.51 Million 		₩11.16 Billion Korea Sep 2025
14995 Doosan Solus Co Ltd Pref 1P
KO:33637K 		98.8% ₩964.33 Billion
≈ $653.51 Million 		₩11.16 Billion Korea Sep 2025
14996 AVA Risk Group Ltd
AU:AVA 		98.8% AU$22.17 Million
≈ $15.69 Million 		AU$257.00K Australia Jun 2025
14997 Daheng New Epoch Technology Inc
SHG:600288 		98.8% CN¥2.36 Billion
≈ $345.83 Million 		CN¥27.41 Million China Mar 2026
14998 NRC Group ASA
OL:NRC 		98.8% Nkr1.72 Billion
≈ $181.31 Million 		Nkr20.00 Million Norway Jun 2025
14999 AS Tallink Grupp
HE:TALLINK 		98.8% €728.43 Million
≈ $851.61 Million 		€8.46 Million Finland Mar 2026
15000 AS Tallink Grupp
F:T5N 		98.8% €728.43 Million
≈ $851.61 Million 		€8.46 Million Germany Mar 2026