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

31,564
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 Montanaro European Smaller Companies Trust plc
LSE:MTE 		100.0% GBX273.17 Million
≈ $33.24K 		GBX0.00 UK Sep 2025
102 Cerence Inc
NASDAQ:CRNC 		100.0% $158.54 Million $0.00 USA Mar 2026
103 Great Northern Minerals Ltd
AU:GNM 		100.0% AU$8.83 Million
≈ $6.24 Million 		AU$0.00 Australia Dec 2025
104 El-Mor Electric Installation & Services 1986 Ltd
TA:ELMR 		100.0% ILA295.39 Million
≈ $791.93K 		ILA0.00 Israel Jun 2025
105 PT Mitra Pack Tbk
JK:PTMP 		100.0% Rp234.57 Billion
≈ $13.74 Million 		Rp0.00 Indonesia Jun 2025
106 Mesa Air Group Inc
NASDAQ:MESA 		100.0% $134.89 Million $0.00 USA Sep 2024
107 Orsted A/S
CO:ORSTED 		100.0% Dkr97.42 Billion
≈ $15.24 Billion 		Dkr0.00 Denmark Jun 2025
108 U-Haul Holding Company
NYSE:UHAL-B 		100.0% $7.66 Billion $0.00 USA Jun 2026
109 Pine Cliff Energy Ltd
TO:PNE 		100.0% CA$27.13 Million
≈ $19.62 Million 		CA$0.00 Canada Jun 2026
110 Mink Therapeutics Inc
NASDAQ:INKT 		100.0% $6.76 Million $0.00 USA Sep 2022
111 Sunflex Tech Co Ltd
TWO:3390 		100.0% NT$1.43 Billion
≈ $45.16 Million 		NT$0.00 Taiwan Jun 2026
112 Montebalito S.A.
MC:MTB 		100.0% €79.98 Million
≈ $93.51 Million 		€0.00 Spain Jun 2026
113 Tira Austenite Tbk
JK:TIRA 		100.0% Rp165.33 Billion
≈ $9.69 Million 		Rp0.00 Indonesia Sep 2025
114 Larimar Therapeutics Inc
NASDAQ:LRMR 		100.0% $127.38 Million $0.00 USA Jun 2026
115 SBI Cards and Payment Services Limited
NSE:SBICARD 		100.0% Rs153.53 Billion
≈ $1.66 Billion 		Rs0.00 India Dec 2025
116 Surge Copper Corp
V:SURG 		100.0% CA$61.58 Million
≈ $44.55 Million 		CA$0.00 Canada Sep 2025
117 NX Filtration Holding BV
AS:NXFIL 		100.0% €109.17 Million
≈ $127.63 Million 		€0.00 Netherlands Jun 2025
118 Kambi Group Plc
F:7KB 		100.0% €158.53 Million
≈ $185.34 Million 		€0.00 Germany Mar 2026
119 Omega Flex Inc
NASDAQ:OFLX 		100.0% $81.78 Million $0.00 USA Jun 2026
120 Micro-Star International Co Ltd
TW:2377 		100.0% NT$54.60 Billion
≈ $1.72 Billion 		NT$0.00 Taiwan Dec 2025
121 Coxon Precise Industrial Co Ltd
TW:3607 		100.0% NT$1.57 Billion
≈ $49.55 Million 		NT$0.00 Taiwan Jun 2025
122 Lotus KFM Bhd
KLSE:8303 		100.0% RM106.95 Million
≈ $26.85 Million 		RM0.00 Malaysia Dec 2025
123 Fiberweb (India) Limited
NSE:FIBERWEB 		100.0% Rs1.86 Billion
≈ $20.15 Million 		Rs0.00 India Mar 2026
124 Launch One Acquisition Corp. Unit
NASDAQ:LPAAU 		100.0% $237.19 Million $0.00 USA Jun 2026
125 Cibus Nordic Real Estate AB (publ)
ST:CIBUS 		100.0% Skr1.02 Billion
≈ $109.49 Million 		Skr0.00 Sweden Jun 2026
126 S F Capital Bhd
KLSE:8745 		100.0% RM57.57 Million
≈ $14.45 Million 		RM0.00 Malaysia Jun 2026
127 Silynxcom Ltd.
NYSE MKT:SYNX 		100.0% $6.60 Million $0.00 USA Jun 2025
128 Tigers Realm Coal Ltd
AU:TIG 		100.0% AU$65.20 Million
≈ $46.13 Million 		AU$0.00 Australia Jun 2024
129 Firetrade Engineering PCL
BK:FTE 		100.0% ฿838.04 Million
≈ $26.12 Million 		฿0.00 Thailand Sep 2025
130 Island Pharmaceuticals Ltd
AU:ILA 		100.0% AU$7.16 Million
≈ $5.06 Million 		AU$0.00 Australia Jun 2025
131 Acer Incorporated
F:AC5G 		100.0% €75.60 Billion
≈ $88.39 Billion 		€0.00 Germany Jun 2025
132 NCT Alliance Bhd
KLSE:0056 		100.0% RM802.53 Million
≈ $201.49 Million 		RM0.00 Malaysia Dec 2025
133 Tainan Spinning Co Ltd
TW:1440 		100.0% NT$27.77 Billion
≈ $874.88 Million 		NT$0.00 Taiwan Sep 2025
134 NORTHSTAR GOLD CORP.
F:3WV 		100.0% €4.18 Million
≈ $4.89 Million 		€0.00 Germany Jan 2026
135 J.Kumar Infraprojects Limited
NSE:JKIL 		100.0% Rs33.68 Billion
≈ $364.26 Million 		Rs0.00 India Mar 2026
136 Shih Her Technologies
TWO:3551 		100.0% NT$5.10 Billion
≈ $160.55 Million 		NT$0.00 Taiwan Mar 2026
137 Armidian Karyatama Tbk PT
JK:ARMY 		100.0% Rp1.48 Trillion
≈ $86.50 Million 		Rp0.00 Indonesia Sep 2021
138 Likhitha Infrastructure Limited
NSE:LIKHITHA 		100.0% Rs4.12 Billion
≈ $44.51 Million 		Rs0.00 India Mar 2026
139 BP Prudhoe Bay Royalty Trust
NYSE:BPT 		100.0% $2.79 Million $0.00 USA Jun 2025
140 Birchcliff Energy Ltd.
TO:BIR 		100.0% CA$2.24 Billion
≈ $1.62 Billion 		CA$0.00 Canada Dec 2025
141 Novita S.A.
WAR:NVT 		100.0% zł138.43 Million
≈ $38.10 Million 		zł0.00 Poland Sep 2025
142 Thrive Tribe Technologies Ltd
AU:1TT 		100.0% AU$362.88K
≈ $256.76K 		AU$0.00 Australia Dec 2025
143 Vossloh AG
F:VOS 		100.0% €911.00 Million
≈ $1.07 Billion 		€0.00 Germany Mar 2026
144 Himalaya Shipping Ltd.
NYSE:HSHP 		100.0% $155.80 Million $0.00 USA Mar 2026
145 Geodrill Limited
TO:GEO 		100.0% CA$117.20 Million
≈ $84.78 Million 		CA$0.00 Canada Dec 2025
146 Astra Microwave Products Limited
NSE:ASTRAMICRO 		100.0% Rs11.63 Billion
≈ $125.73 Million 		Rs0.00 India Sep 2025
147 Vertex Minerals Ltd
AU:VTX 		100.0% AU$25.77 Million
≈ $18.24 Million 		AU$0.00 Australia Dec 2025
148 Hess Corporation
NYSE:HES 		100.0% $12.38 Billion $0.00 USA Mar 2025
149 Nusantara Sawit Sejahtera
JK:NSSS 		100.0% Rp1.53 Trillion
≈ $89.44 Million 		Rp0.00 Indonesia Mar 2025
150 Taiwan Sanyo Electric Co Ltd
TW:1614 		100.0% NT$5.65 Billion
≈ $177.96 Million 		NT$0.00 Taiwan Sep 2025
151 LandMark Optoelectronics
TWO:3081 		100.0% NT$4.72 Billion
≈ $148.67 Million 		NT$0.00 Taiwan Jun 2026
152 Menteng Heritage Realty Tbk PT
JK:HRME 		100.0% Rp546.94 Billion
≈ $32.05 Million 		Rp0.00 Indonesia Dec 2025
153 Pylon Public Company Limited
BK:PYLON 		100.0% ฿1.20 Billion
≈ $37.43 Million 		฿0.00 Thailand Mar 2026
154 ADTIGER CORP.LTD.DL-0005
F:55U 		100.0% €205.52 Million
≈ $240.28 Million 		€0.00 Germany Dec 2025
155 Hua Jung Components Co Ltd
TWO:5328 		100.0% NT$2.11 Billion
≈ $66.36 Million 		NT$0.00 Taiwan Mar 2026
156 Innate Pharma
NASDAQ:IPHA 		100.0% $5.14 Million $0.00 USA Jun 2025
157 BriQ Properties Real Estate Investment Company
AT:BRIQ 		100.0% €181.35 Million
≈ $212.02 Million 		€0.00 Greece Dec 2025
158 Strike Energy Ltd
AU:STX 		100.0% AU$296.47 Million
≈ $209.77 Million 		AU$0.00 Australia Jun 2025
159 Metagenomi, Inc. Common Stock
NASDAQ:MGX 		100.0% $112.57 Million $0.00 USA Jun 2026
160 Isomet Corp
NASDAQ:IOMT 		100.0% $6.22 Million $0.00 USA Jun 2003
161 Vital Farms Inc
NASDAQ:VITL 		100.0% $283.65 Million $0.00 USA Jun 2026
162 Apex Equity Holdings Bhd
KLSE:5088 		100.0% RM396.95 Million
≈ $99.66 Million 		RM0.00 Malaysia Jun 2026
163 Iltani Resources Ltd
AU:ILT 		100.0% AU$10.05 Million
≈ $7.11 Million 		AU$0.00 Australia Dec 2025
164 Aeon Metals Ltd
AU:AML 		100.0% AU$63.99 Million
≈ $45.27 Million 		AU$0.00 Australia Dec 2023
165 Sixth Street Specialty Lending Inc
NYSE:TSLX 		100.0% $1.55 Billion $0.00 USA Jun 2026
166 Tethys Petroleum Ltd
V:TPL 		100.0% CA$34.27 Million
≈ $24.79 Million 		CA$0.00 Canada Mar 2026
167 Spero Therapeutics Inc
NASDAQ:SPRO 		100.0% $59.02 Million $0.00 USA Dec 2025
168 Lake Shore Bancorp Inc
NASDAQ:LSBK 		100.0% $144.76 Million $0.00 USA Jun 2026
169 European Lithium Ltd
AU:EUR 		100.0% AU$174.26 Million
≈ $123.30 Million 		AU$0.00 Australia Jun 2025
170 Elco Ltd
TA:ELCO 		100.0% ILA4.97 Billion
≈ $13.32 Million 		ILA0.00 Israel Jun 2026
171 DGR Global Ltd
AU:DGR 		100.0% AU$56.63 Million
≈ $40.07 Million 		AU$0.00 Australia Dec 2025
172 Polarx Ltd
AU:PXX 		100.0% AU$36.92 Million
≈ $26.13 Million 		AU$0.00 Australia Jun 2025
173 Fibon Bhd
KLSE:0149 		100.0% RM67.57 Million
≈ $16.96 Million 		RM0.00 Malaysia Feb 2026
174 Deltamac Taiwan Co Ltd
TWO:6144 		100.0% NT$304.97 Million
≈ $9.61 Million 		NT$0.00 Taiwan Dec 2025
175 Sentral Mitra Informatika Tbk PT
JK:LUCK 		100.0% Rp128.16 Billion
≈ $7.51 Million 		Rp0.00 Indonesia Jun 2025
176 AMIA Co. Ltd.
TW:8438 		100.0% NT$1.92 Billion
≈ $60.43 Million 		NT$0.00 Taiwan Dec 2025
177 Perrot Duval Holding SA
SW:PEDU 		100.0% CHF6.35 Million
≈ $8.03 Million 		CHF0.00 Switzerland Apr 2026
178 Formosa Plastics Corp
TW:1301 		100.0% NT$291.90 Billion
≈ $9.20 Billion 		NT$0.00 Taiwan Sep 2025
179 Heineken
AS:HEIA 		100.0% €21.71 Billion
≈ $25.38 Billion 		€0.00 Netherlands Jun 2026
180 Panin Sekuritas Tbk
JK:PANS 		100.0% Rp1.57 Trillion
≈ $91.73 Million 		Rp0.00 Indonesia Sep 2025
181 Star Health and Allied Insurance Company Limited
NSE:STARHEALTH 		100.0% Rs75.51 Billion
≈ $816.63 Million 		Rs0.00 India Mar 2026
182 PREMIER1 Lithium Ltd
AU:PLC 		100.0% AU$3.91 Million
≈ $2.77 Million 		AU$0.00 Australia Dec 2025
183 Endeavour Mining Corp
LSE:EDV 		100.0% GBX3.67 Billion
≈ $446.17K 		GBX0.00 UK Jun 2026
184 Mirae Asset Maps Reit 1 Co Ltd
KO:357250 		100.0% ₩93.93 Billion
≈ $63.66 Million 		₩0.00 Korea Feb 2026
185 PESTECH International Bhd
KLSE:5219 		100.0% RM378.94 Million
≈ $95.14 Million 		RM0.00 Malaysia Dec 2025
186 RT Minerals Corp
V:RTM 		100.0% CA$1.60 Million
≈ $1.16 Million 		CA$0.00 Canada May 2023
187 Thai Agro Energy Public Company Limited
BK:TAE 		100.0% ฿1.79 Billion
≈ $55.77 Million 		฿0.00 Thailand Mar 2026
188 Provaris Energy Ltd
AU:PV1 		100.0% AU$676.48K
≈ $478.65K 		AU$0.00 Australia Dec 2025
189 Puri Global Sukses Tbk Pt
JK:PURI 		100.0% Rp110.85 Billion
≈ $6.50 Million 		Rp0.00 Indonesia Jun 2025
190 METALQUEST MINING INC.
F:E7Q 		100.0% €5.28 Million
≈ $6.17 Million 		€0.00 Germany Apr 2026
191 Joint Stock Company Kaspi.kz
NASDAQ:KSPI 		100.0% $2.77 Trillion $0.00 USA Jun 2026
192 P/F Bakkafrost
F:6BF 		100.0% €11.35 Billion
≈ $13.27 Billion 		€0.00 Germany Mar 2026
193 Muhibbah Engineering M Bhd
KLSE:5703 		100.0% RM2.00 Billion
≈ $502.56 Million 		RM0.00 Malaysia Mar 2026
194 Ege Profil Ticaret ve Sanayi AS
IS:EGPRO 		100.0% TL7.38 Billion
≈ $165.35 Million 		TL0.00 Turkey Jun 2025
195 Cassius Mining Ltd
AU:CMD 		100.0% AU$2.08 Million
≈ $1.47 Million 		AU$0.00 Australia Dec 2025
196 Sri Rejeki Isman(Sritex)PT
JK:SRIL 		100.0% Rp672.42 Million
≈ $39.40K 		Rp0.00 Indonesia Dec 2020
197 Jade Marvel Group Bhd
KLSE:7043 		100.0% RM204.83 Million
≈ $51.43 Million 		RM0.00 Malaysia Mar 2026
198 Wereldhave NV
AS:WHA 		100.0% €1.34 Billion
≈ $1.57 Billion 		€0.00 Netherlands Dec 2025
199 TTFB Co Ltd
TWO:2729 		100.0% NT$2.27 Billion
≈ $71.57 Million 		NT$0.00 Taiwan Jun 2026
200 Prospector Metals Corp
V:PPP 		100.0% CA$47.85 Million
≈ $34.62 Million 		CA$0.00 Canada Nov 2025