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

31,124
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
101 Merkur PrivatBank KgaA
XETRA:MBK 		100.0% €333.05 Million
≈ $389.37 Million 		€0.00 Germany Jun 2025
102 Transportadora de Gas del Norte SA Class C
BA:TGNO4 		100.0% AR$1.02 Trillion
≈ $738.88 Million 		AR$0.00 Argentina Dec 2025
103 Aftermath Silver Ltd
V:AAG 		100.0% CA$51.71 Million
≈ $37.41 Million 		CA$0.00 Canada Feb 2026
104 Avira Resources Ltd
AU:AVW 		100.0% AU$1.83 Million
≈ $1.29 Million 		AU$0.00 Australia Jun 2025
105 Larq SA
WAR:LRQ 		100.0% zł66.28 Million
≈ $18.24 Million 		zł0.00 Poland Sep 2025
106 SIGA Technologies Inc
NASDAQ:SIGA 		100.0% $151.62 Trillion $0.00 USA Mar 2026
107 Agrometal S.A.I.
BA:AGRO 		100.0% AR$43.53 Billion
≈ $31.50 Million 		AR$0.00 Argentina Sep 2025
108 Chilwa Minerals Ltd
AU:CHW 		100.0% AU$26.01 Million
≈ $18.40 Million 		AU$0.00 Australia Dec 2025
109 Pertamina Geothermal Energy
JK:PGEO 		100.0% Rp2.09 Billion
≈ $122.59K 		Rp0.00 Indonesia Mar 2026
110 Lavras Gold Corp
V:LGC 		100.0% CA$36.74 Million
≈ $26.57 Million 		CA$0.00 Canada Sep 2025
111 Pansari Developers Limited
NSE:PANSARI 		100.0% Rs1.42 Billion
≈ $15.32 Million 		Rs0.00 India Sep 2025
112 Avillion Bhd
KLSE:8885 		100.0% RM216.67 Million
≈ $54.40 Million 		RM0.00 Malaysia Dec 2025
113 Aeon Motor Co Ltd
TWO:1599 		100.0% NT$1.90 Billion
≈ $59.75 Million 		NT$0.00 Taiwan Dec 2025
114 Agro Yasa Lestari PT Tbk
JK:AYLS 		100.0% Rp34.34 Billion
≈ $2.01 Million 		Rp0.00 Indonesia Dec 2025
115 Falcon Power Co Ltd
TW:1516 		100.0% NT$208.88 Million
≈ $6.58 Million 		NT$0.00 Taiwan Sep 2025
116 Alturas Minerals Corp
V:ALT 		100.0% CA$182.88K
≈ $132.30K 		CA$0.00 Canada Jun 2021
117 StageZero Life Sciences Ltd
TO:SZLS 		100.0% CA$1.44 Million
≈ $1.04 Million 		CA$0.00 Canada Sep 2022
118 Mount Gibson Iron Ltd
AU:MGX 		100.0% AU$431.79 Million
≈ $305.52 Million 		AU$0.00 Australia Dec 2025
119 Land Securities Group PLC
LSE:LAND 		100.0% GBX6.43 Billion
≈ $782.95K 		GBX0.00 UK Sep 2025
120 Anteris Technologies Global Corp
AU:AVR 		100.0% AU$3.36 Million
≈ $2.38 Million 		AU$0.00 Australia Sep 2025
121 Franco-Nevada Corporation
TO:FNV 		100.0% CA$7.62 Billion
≈ $5.51 Billion 		CA$0.00 Canada Dec 2025
122 GR Silver Mining Ltd
V:GRSL 		100.0% CA$35.87 Million
≈ $25.95 Million 		CA$0.00 Canada Dec 2025
123 Beeio Honey Ltd
TA:BHNY 		100.0% ILA12.34 Million
≈ $33.09K 		ILA0.00 Israel Jun 2025
124 Centessa Pharmaceuticals PLC ADR
NASDAQ:CNTA 		100.0% $487.35 Million $0.00 USA Mar 2026
125 KebNi AB (publ)
ST:KEBNI-B 		100.0% Skr70.55 Million
≈ $7.59 Million 		Skr0.00 Sweden Dec 2025
126 Kezar Life Sciences Inc
NASDAQ:KZR 		100.0% $70.07 Million $0.00 USA Dec 2025
127 NextCure  Inc
NASDAQ:NXTC 		100.0% $23.65 Million $0.00 USA Sep 2025
128 Biomaxima
WAR:BMX 		100.0% zł46.81 Million
≈ $12.88 Million 		zł0.00 Poland Sep 2025
129 AbleGroup Bhd
KLSE:7086 		100.0% RM43.70 Million
≈ $10.97 Million 		RM0.00 Malaysia Dec 2025
130 Bright Packaging Industry Bhd
KLSE:9938 		100.0% RM132.76 Million
≈ $33.33 Million 		RM0.00 Malaysia Nov 2025
131 Searchlight Resources Inc
V:SCLT 		100.0% CA$1.08 Million
≈ $778.40K 		CA$0.00 Canada Dec 2025
132 PIE Industrial Bhd
KLSE:7095 		100.0% RM665.34 Million
≈ $167.05 Million 		RM0.00 Malaysia Sep 2025
133 United Paper Public Company Limited
BK:UTP 		100.0% ฿4.70 Billion
≈ $146.43 Million 		฿0.00 Thailand Sep 2025
134 UEM Sunrise Bhd
KLSE:5148 		100.0% RM6.99 Billion
≈ $1.76 Billion 		RM0.00 Malaysia Dec 2025
135 Beijing Capital International Airport Company Limited
F:BJ1 		100.0% €13.29 Billion
≈ $15.54 Billion 		€0.00 Germany Jun 2025
136 Freehill Mining Ltd
AU:FHS 		100.0% AU$13.28 Million
≈ $9.40 Million 		AU$0.00 Australia Dec 2025
137 Chain Bridge Bancorp, Inc.
NYSE:CBNA 		100.0% $174.88 Million $0.00 USA Mar 2026
138 Revival Gold Inc
V:RVG 		100.0% CA$57.84 Million
≈ $41.84 Million 		CA$0.00 Canada Sep 2025
139 Octopus Aim VCT 2 PLC
LSE:OSEC 		100.0% GBX80.77 Million
≈ $9.83K 		GBX0.00 UK May 2025
140 Golconda Gold Ltd.
V:GG 		100.0% CA$40.48 Million
≈ $29.28 Million 		CA$0.00 Canada Dec 2025
141 Conroy Gold & Natural Resources Plc
LSE:CGNR 		100.0% GBX22.40 Million
≈ $2.73K 		GBX0.00 UK Nov 2025
142 Redwood Group Ltd
TWO:8426 		100.0% NT$1.27 Billion
≈ $40.11 Million 		NT$0.00 Taiwan Dec 2025
143 Norsk Hydro ASA
F:NOHA 		100.0% €110.00 Billion
≈ $128.61 Billion 		€0.00 Germany Mar 2026
144 The Naga Group AG
XETRA:N4G 		100.0% €82.01 Million
≈ $95.88 Million 		€0.00 Germany Jun 2025
145 CD Private Equity Fund I
AU:CD1 		100.0% AU$33.52 Million
≈ $23.72 Million 		AU$0.00 Australia Mar 2025
146 NetX Holdings Bhd
KLSE:0020 		100.0% RM76.55 Million
≈ $19.22 Million 		RM0.00 Malaysia Jun 2025
147 Vmoto Ltd
AU:VMT 		100.0% AU$73.64 Million
≈ $52.11 Million 		AU$0.00 Australia Dec 2025
148 Maris Tech Ltd
NASDAQ:MTEK 		100.0% $3.51 Million $0.00 USA Jun 2025
149 Diageo plc
MX:DEON 		100.0% MX$13.69 Billion
≈ $788.09 Million 		MX$0.00 Mexico Dec 2025
150 Global Tax Free Co. Ltd
KQ:204620 		100.0% ₩150.10 Billion
≈ $101.72 Million 		₩0.00 Korea Sep 2025
151 Norwest Minerals Ltd
AU:NWM 		100.0% AU$26.20 Million
≈ $18.54 Million 		AU$0.00 Australia Jun 2025
152 NP3 Fastigheter AB (publ)
ST:NP3-PREF 		100.0% Skr11.12 Billion
≈ $1.20 Billion 		Skr0.00 Sweden Mar 2026
153 Reward Minerals Ltd
AU:RWD 		100.0% AU$20.13 Million
≈ $14.24 Million 		AU$0.00 Australia Dec 2023
154 Chicago Rivet & Machine Co
NYSE MKT:CVR 		100.0% $20.02 Million $0.00 USA Sep 2025
155 Intuitive Machines Inc.
NASDAQ:LUNR 		100.0% $243.83 Million $0.00 USA Sep 2025
156 Junee Limited Ordinary Shares
NASDAQ:JUNE 		100.0% $6.96 Million $0.00 USA Jun 2024
157 Hamat Group Ltd
TA:HAMAT 		100.0% ILA559.49 Million
≈ $1.50 Million 		ILA0.00 Israel Sep 2025
158 Oak Valley Bancorp
NASDAQ:OVLY 		100.0% $211.56 Million $0.00 USA Dec 2025
159 Awilco LNG ASA
OL:ALNG 		100.0% Nkr130.86 Million
≈ $13.77 Million 		Nkr0.00 Norway Jun 2025
160 MCI Management SA
WAR:MCI 		100.0% zł2.05 Billion
≈ $564.38 Million 		zł0.00 Poland Sep 2025
161 Sellas Life Sciences Group Inc
NASDAQ:SLS 		100.0% $70.87 Million $0.00 USA Dec 2025
162 EQ Resources Ltd
AU:EQR 		100.0% AU$97.71 Million
≈ $69.14 Million 		AU$0.00 Australia Dec 2025
163 Livermore Investments Group Limited
LSE:LIV 		100.0% GBX131.98 Million
≈ $16.06K 		GBX0.00 UK Jun 2025
164 Ovintiv Inc
NYSE:OVV 		100.0% $11.56 Billion $0.00 USA Mar 2026
165 Intchains Group Limited American Depositary Shares
NASDAQ:ICG 		100.0% $972.66 Million $0.00 USA Mar 2026
166 Twin Vee Powercats Co
NASDAQ:VEEE 		100.0% $17.25 Million $0.00 USA Mar 2026
167 Reko International Group Inc
V:REKO 		100.0% CA$41.78 Million
≈ $30.23 Million 		CA$0.00 Canada Jan 2026
168 Industrial and Commercial Bank of China Ltd
SHG:601398 		100.0% CN¥4.36 Trillion
≈ $637.38 Billion 		CN¥0.00 China Mar 2026
169 Australian Pacific Coal Ltd
AU:AQC 		100.0% AU$18.82 Million
≈ $13.31 Million 		AU$0.00 Australia Jun 2024
170 Craven House Capital PLC
LSE:CRV 		100.0% $1.05 Million $0.00 UK Aug 2023
171 OceanaGold Corporation
F:RQQ 		100.0% €2.13 Billion
≈ $2.50 Billion 		€0.00 Germany Jun 2025
172 Proven Growth and Income Vct PLC
LSE:PGOO 		100.0% GBX158.45 Million
≈ $19.28K 		GBX0.00 UK Aug 2025
173 Kore Mining Ltd
V:KORE 		100.0% CA$3.99K
≈ $2.89K 		CA$0.00 Canada Dec 2024
174 Evolution Petroleum Corporation Inc
NYSE MKT:EPM 		100.0% $67.54 Million $0.00 USA Dec 2025
175 Canadian Net Real Estate Investment Trust
V:NET-UN 		100.0% CA$135.99 Million
≈ $98.37 Million 		CA$0.00 Canada Sep 2025
176 Teras Resources Inc
V:TRA 		100.0% CA$13.40 Million
≈ $9.69 Million 		CA$0.00 Canada Feb 2022
177 Immo Moury SICAF Immobiliere Publique de Droit Belge
BR:IMMOU 		100.0% €25.32 Million
≈ $29.60 Million 		€0.00 Belgium Sep 2025
178 Lily Textile Co Ltd
TW:1443 		100.0% NT$1.86 Billion
≈ $58.54 Million 		NT$0.00 Taiwan Dec 2025
179 MLRN Projects and Trade Ltd
TA:MLRN 		100.0% ILA317.66 Million
≈ $851.63K 		ILA0.00 Israel Dec 2025
180 Humble Group AB
ST:HUMBLE 		100.0% Skr4.89 Billion
≈ $525.92 Million 		Skr0.00 Sweden Dec 2025
181 ENVIROMETAL TECHN. O.N.
F:7N20 		100.0% Annual €491.51K
≈ $574.63K 		€0.00 Germany Dec 2022
182 MRG Metals Ltd
AU:MRQ 		100.0% AU$8.02 Million
≈ $5.68 Million 		AU$0.00 Australia Dec 2025
183 BPH Energy Ltd
AU:BPH 		100.0% AU$37.82 Million
≈ $26.76 Million 		AU$0.00 Australia Dec 2025
184 Global Data Centre Group
AU:GDC 		100.0% AU$123.18 Million
≈ $87.16 Million 		AU$0.00 Australia Dec 2024
185 Flow Beverage Corp
TO:FLOW 		100.0% CA$6.13 Million
≈ $4.44 Million 		CA$0.00 Canada Jul 2023
186 Galileo Tech Ltd
TA:GLTC 		100.0% ILA4.34 Million
≈ $11.64K 		ILA0.00 Israel Jun 2023
187 Ellsworth Convertible Growth & IF
NYSE MKT:ECF 		100.0% $208.32 Million $0.00 USA Sep 2025
188 Res Robex Inc
V:RBX 		100.0% CA$433.68 Million
≈ $313.72 Million 		CA$0.00 Canada Sep 2025
189 China Electric Manufacturing Corp
TW:1611 		100.0% NT$4.20 Billion
≈ $132.43 Million 		NT$0.00 Taiwan Dec 2025
190 Kalo Gold Corp
V:KALO 		100.0% CA$718.82K
≈ $519.99K 		CA$0.00 Canada Nov 2025
191 Avecho Biotechnology Limited
F:OEZ 		100.0% €1.56 Million
≈ $1.82 Million 		€0.00 Germany Dec 2025
192 Almadex Minerals Ltd
V:DEX 		100.0% CA$28.69 Million
≈ $20.75 Million 		CA$0.00 Canada Dec 2025
193 Forza X1 Inc
NASDAQ:FRZA 		100.0% $11.78 Million $0.00 USA Sep 2024
194 Taiwan FamilyMart Co Ltd
TWO:5903 		100.0% NT$9.59 Billion
≈ $302.23 Million 		NT$0.00 Taiwan Jun 2025
195 Third Coast Bancshares, Inc.
NASDAQ:TCBX 		100.0% $513.83 Million $0.00 USA Sep 2025
196 Pinehill Pacific Bhd
KLSE:1902 		100.0% RM150.16 Million
≈ $37.70 Million 		RM0.00 Malaysia Sep 2025
197 DIGIDRIVE DISTRIBUTORS LTD
NSE:DIGIDRIVE 		100.0% Rs2.86 Billion
≈ $30.95 Million 		Rs0.00 India Sep 2025
198 Zwack Unicum Likoripari es Kereskedelmi Nyrt.
BUD:ZWACK 		100.0% Ft9.73 Billion
≈ $30.21 Million 		Ft0.00 Hungary Dec 2025
199 DWS Municipal Income Trust
NYSE:KTF 		100.0% $369.71 Million $0.00 USA Nov 2025
200 Sipa Resources Ltd
AU:SRI 		100.0% AU$1.33 Million
≈ $938.95K 		AU$0.00 Australia Dec 2024