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
31,440
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.
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 |
|---|---|---|---|---|---|---|
| 1901 |
Cerence Inc
NASDAQ:CRNC |
100.0% | $158.54 Million | $0.00 | USA | Mar 2026 |
| 1902 |
El-Mor Electric Installation & Services 1986 Ltd
TA:ELMR |
100.0% |
ILA295.39 Million
≈ $791.93K |
ILA0.00 | Israel | Jun 2025 |
| 1903 |
Eversendai Corporation Bhd
KLSE:5205 |
100.0% |
RM371.90 Million
≈ $93.37 Million |
RM0.00 | Malaysia | Mar 2026 |
| 1904 |
Mesa Air Group Inc
NASDAQ:MESA |
100.0% | $134.89 Million | $0.00 | USA | Sep 2024 |
| 1905 |
African Media Entertainment
JSE:AME |
100.0% |
ZAC336.39 Million
≈ $178.77K |
ZAC0.00 | South Africa | Sep 2025 |
| 1906 |
Pine Cliff Energy Ltd
TO:PNE |
100.0% |
CA$32.98 Million
≈ $23.86 Million |
CA$0.00 | Canada | Mar 2026 |
| 1907 |
Allot Communications Ltd
TA:ALLT |
100.0% |
ILA113.35 Million
≈ $303.89K |
ILA0.00 | Israel | Dec 2025 |
| 1908 |
Sunflex Tech Co Ltd
TWO:3390 |
100.0% |
NT$1.38 Billion
≈ $43.51 Million |
NT$0.00 | Taiwan | Mar 2026 |
| 1909 |
Nuvalent Inc
NASDAQ:NUVL |
100.0% | $1.17 Billion | $0.00 | USA | Mar 2026 |
| 1910 |
NXG NextGen Infrastructure Income Fund
NYSE:NXG |
100.0% | $188.39 Million | $0.00 | USA | May 2025 |
| 1911 |
Larimar Therapeutics Inc
NASDAQ:LRMR |
100.0% | $158.03 Million | $0.00 | USA | Mar 2026 |
| 1912 |
INSTAL KRAKÓW SA
WAR:INK |
100.0% |
zł392.95 Million
≈ $108.15 Million |
zł0.00 | Poland | Sep 2025 |
| 1913 |
Kambi Group Plc
F:7KB |
100.0% |
€158.53 Million
≈ $185.34 Million |
€0.00 | Germany | Mar 2026 |
| 1914 |
Omega Flex Inc
NASDAQ:OFLX |
100.0% | $82.61 Million | $0.00 | USA | Mar 2026 |
| 1915 |
Canlan Ice Sports Corp.
TO:ICE |
100.0% |
CA$41.31 Million
≈ $29.89 Million |
CA$0.00 | Canada | Sep 2025 |
| 1916 |
Q32 Bio Inc
NASDAQ:QTTB |
100.0% | $46.31 Million | $0.00 | USA | Mar 2026 |
| 1917 |
Riverside Resources Inc
V:RRI |
100.0% |
CA$9.81 Million
≈ $7.10 Million |
CA$0.00 | Canada | Sep 2025 |
| 1918 |
Firetrade Engineering PCL
BK:FTE |
100.0% |
฿838.04 Million
≈ $26.12 Million |
฿0.00 | Thailand | Sep 2025 |
| 1919 |
Lysaght Galvanized Steel Bhd
KLSE:9199 |
100.0% |
RM172.21 Million
≈ $43.24 Million |
RM0.00 | Malaysia | Jun 2025 |
| 1920 |
NCT Alliance Bhd
KLSE:0056 |
100.0% |
RM802.53 Million
≈ $201.49 Million |
RM0.00 | Malaysia | Dec 2025 |
| 1921 |
NORTHSTAR GOLD CORP.
F:3WV |
100.0% |
€4.18 Million
≈ $4.89 Million |
€0.00 | Germany | Jan 2026 |
| 1922 |
Armidian Karyatama Tbk PT
JK:ARMY |
100.0% |
Rp1.48 Trillion
≈ $86.50 Million |
Rp0.00 | Indonesia | Sep 2021 |
| 1923 |
Cholamandalam Investment and Finance Company Limited
NSE:CHOLAFIN |
100.0% |
Rs259.42 Billion
≈ $2.81 Billion |
Rs0.00 | India | Sep 2025 |
| 1924 |
BP Prudhoe Bay Royalty Trust
NYSE:BPT |
100.0% | $2.79 Million | $0.00 | USA | Jun 2025 |
| 1925 |
Birchcliff Energy Ltd.
TO:BIR |
100.0% |
CA$2.24 Billion
≈ $1.62 Billion |
CA$0.00 | Canada | Dec 2025 |
| 1926 |
Utilico Emerging Markets Ltd
LSE:UEM |
100.0% |
GBX550.90 Million
≈ $67.03K |
GBX0.00 | UK | Mar 2026 |
| 1927 |
YESASIA HOLDINGS LTD
F:4CM |
100.0% |
€80.06 Million
≈ $93.59 Million |
€0.00 | Germany | Dec 2025 |
| 1928 |
Thrive Tribe Technologies Ltd
AU:1TT |
100.0% |
AU$362.88K
≈ $256.76K |
AU$0.00 | Australia | Dec 2025 |
| 1929 |
Inomin Mines Inc
V:MINE |
100.0% |
CA$1.38 Million
≈ $997.22K |
CA$0.00 | Canada | Sep 2025 |
| 1930 |
ARC MINERALS LTD
F:DFYA |
100.0% |
€11.40 Million
≈ $13.32 Million |
€0.00 | Germany | Dec 2024 |
| 1931 |
Inmofam 99 SOCIMI SA
MC:YINM |
100.0% |
€15.31 Million
≈ $17.90 Million |
€0.00 | Spain | Dec 2024 |
| 1932 |
Astra Microwave Products Limited
NSE:ASTRAMICRO |
100.0% |
Rs11.63 Billion
≈ $125.73 Million |
Rs0.00 | India | Sep 2025 |
| 1933 |
Hess Corporation
NYSE:HES |
100.0% | $12.38 Billion | $0.00 | USA | Mar 2025 |
| 1934 |
Nusantara Sawit Sejahtera
JK:NSSS |
100.0% |
Rp1.53 Trillion
≈ $89.44 Million |
Rp0.00 | Indonesia | Mar 2025 |
| 1935 |
LandMark Optoelectronics
TWO:3081 |
100.0% |
NT$4.24 Billion
≈ $133.57 Million |
NT$0.00 | Taiwan | Mar 2026 |
| 1936 |
Menteng Heritage Realty Tbk PT
JK:HRME |
100.0% |
Rp546.94 Billion
≈ $32.05 Million |
Rp0.00 | Indonesia | Dec 2025 |
| 1937 |
Pylon Public Company Limited
BK:PYLON |
100.0% |
฿1.20 Billion
≈ $37.43 Million |
฿0.00 | Thailand | Mar 2026 |
| 1938 |
ADTIGER CORP.LTD.DL-0005
F:55U |
100.0% |
€205.52 Million
≈ $240.28 Million |
€0.00 | Germany | Dec 2025 |
| 1939 |
Silver Wolf Exploration Ltd
V:SWLF |
100.0% |
CA$4.83 Million
≈ $3.49 Million |
CA$0.00 | Canada | Dec 2025 |
| 1940 |
Theravance Biopharma Inc
NASDAQ:TBPH |
100.0% | $296.72 Million | $0.00 | USA | Dec 2025 |
| 1941 |
Trisula Textile Industries Tbk PT
JK:BELL |
100.0% |
Rp273.21 Billion
≈ $16.01 Million |
Rp0.00 | Indonesia | Sep 2025 |
| 1942 |
Nusantara Almazia
JK:NZIA |
100.0% |
Rp492.27 Billion
≈ $28.84 Million |
Rp0.00 | Indonesia | Jun 2025 |
| 1943 |
Innate Pharma
NASDAQ:IPHA |
100.0% | $5.14 Million | $0.00 | USA | Jun 2025 |
| 1944 |
BriQ Properties Real Estate Investment Company
AT:BRIQ |
100.0% |
€181.35 Million
≈ $212.02 Million |
€0.00 | Greece | Dec 2025 |
| 1945 |
Universal Inc
TW:1325 |
100.0% |
NT$2.67 Billion
≈ $84.06 Million |
NT$0.00 | Taiwan | Mar 2026 |
| 1946 |
ClimateRock Class A Ordinary Shares
NASDAQ:CLRC |
100.0% | $21.26 Million | $0.00 | USA | Mar 2025 |
| 1947 |
Vital Farms Inc
NASDAQ:VITL |
100.0% | $283.65 Million | $0.00 | USA | Jun 2026 |
| 1948 |
Iltani Resources Ltd
AU:ILT |
100.0% |
AU$10.05 Million
≈ $7.11 Million |
AU$0.00 | Australia | Dec 2025 |
| 1949 |
Great Northern Minerals Ltd
AU:GNM |
100.0% |
AU$8.83 Million
≈ $6.24 Million |
AU$0.00 | Australia | Dec 2025 |
| 1950 |
PT Mitra Pack Tbk
JK:PTMP |
100.0% |
Rp234.57 Billion
≈ $13.74 Million |
Rp0.00 | Indonesia | Jun 2025 |
| 1951 |
Tethys Petroleum Ltd
V:TPL |
100.0% |
CA$34.27 Million
≈ $24.79 Million |
CA$0.00 | Canada | Mar 2026 |
| 1952 |
Lake Shore Bancorp Inc
NASDAQ:LSBK |
100.0% | $142.38 Million | $0.00 | USA | Mar 2026 |
| 1953 |
European Lithium Ltd
AU:EUR |
100.0% |
AU$174.26 Million
≈ $123.30 Million |
AU$0.00 | Australia | Jun 2025 |
| 1954 |
Berry Petroleum Corp
NASDAQ:BRY |
100.0% | $638.98 Million | $0.00 | USA | Sep 2025 |
| 1955 |
Polarx Ltd
AU:PXX |
100.0% |
AU$36.92 Million
≈ $26.13 Million |
AU$0.00 | Australia | Jun 2025 |
| 1956 |
Skin Elements Ltd
AU:SKN |
100.0% |
AU$1.58 Million
≈ $1.12 Million |
AU$0.00 | Australia | Dec 2025 |
| 1957 |
Orsted A/S
CO:ORSTED |
100.0% |
Dkr97.42 Billion
≈ $15.24 Billion |
Dkr0.00 | Denmark | Jun 2025 |
| 1958 |
London & Associated Properties
LSE:LAS |
100.0% |
GBX50.56 Million
≈ $6.15K |
GBX0.00 | UK | Dec 2024 |
| 1959 |
U-Haul Holding Company
NYSE:UHAL-B |
100.0% | $7.66 Billion | $0.00 | USA | Jun 2026 |
| 1960 |
AMIA Co. Ltd.
TW:8438 |
100.0% |
NT$1.92 Billion
≈ $60.43 Million |
NT$0.00 | Taiwan | Dec 2025 |
| 1961 |
Mink Therapeutics Inc
NASDAQ:INKT |
100.0% | $6.76 Million | $0.00 | USA | Sep 2022 |
| 1962 |
Indomobil Sukses Internasional
JK:IMAS |
100.0% |
Rp16.76 Trillion
≈ $982.00 Million |
Rp0.00 | Indonesia | Jun 2026 |
| 1963 |
Levinstein Eng
TA:LEVI |
100.0% |
ILA1.74 Billion
≈ $4.65 Million |
ILA0.00 | Israel | Mar 2026 |
| 1964 |
Panin Sekuritas Tbk
JK:PANS |
100.0% |
Rp1.57 Trillion
≈ $91.73 Million |
Rp0.00 | Indonesia | Sep 2025 |
| 1965 |
PREMIER1 Lithium Ltd
AU:PLC |
100.0% |
AU$3.91 Million
≈ $2.77 Million |
AU$0.00 | Australia | Dec 2025 |
| 1966 |
Banvida
SN:BANVIDA |
100.0% |
CL$721.70 Billion
≈ $807.11 Million |
CL$0.00 | Chile | Sep 2025 |
| 1967 |
Tira Austenite Tbk
JK:TIRA |
100.0% |
Rp165.33 Billion
≈ $9.69 Million |
Rp0.00 | Indonesia | Sep 2025 |
| 1968 |
RT Minerals Corp
V:RTM |
100.0% |
CA$1.60 Million
≈ $1.16 Million |
CA$0.00 | Canada | May 2023 |
| 1969 |
Thai Agro Energy Public Company Limited
BK:TAE |
100.0% |
฿1.79 Billion
≈ $55.77 Million |
฿0.00 | Thailand | Mar 2026 |
| 1970 |
Provaris Energy Ltd
AU:PV1 |
100.0% |
AU$676.48K
≈ $478.65K |
AU$0.00 | Australia | Dec 2025 |
| 1971 |
Apex Frozen Foods Limited
NSE:APEX |
100.0% |
Rs5.28 Billion
≈ $57.10 Million |
Rs0.00 | India | Mar 2026 |
| 1972 |
SBI Cards and Payment Services Limited
NSE:SBICARD |
100.0% |
Rs153.53 Billion
≈ $1.66 Billion |
Rs0.00 | India | Dec 2025 |
| 1973 |
Surge Copper Corp
V:SURG |
100.0% |
CA$61.58 Million
≈ $44.55 Million |
CA$0.00 | Canada | Sep 2025 |
| 1974 |
Danske Andelskassers Bank A/S
CO:DAB |
100.0% |
Dkr3.17 Billion
≈ $495.30 Million |
Dkr0.00 | Denmark | Sep 2025 |
| 1975 |
Muhibbah Engineering M Bhd
KLSE:5703 |
100.0% |
RM2.00 Billion
≈ $502.56 Million |
RM0.00 | Malaysia | Mar 2026 |
| 1976 |
OssDsign AB
ST:OSSD |
100.0% |
Skr298.87 Million
≈ $32.16 Million |
Skr0.00 | Sweden | Mar 2026 |
| 1977 |
NX Filtration Holding BV
AS:NXFIL |
100.0% |
€109.17 Million
≈ $127.63 Million |
€0.00 | Netherlands | Jun 2025 |
| 1978 |
Sri Rejeki Isman(Sritex)PT
JK:SRIL |
100.0% |
Rp672.42 Million
≈ $39.40K |
Rp0.00 | Indonesia | Dec 2020 |
| 1979 |
Jade Marvel Group Bhd
KLSE:7043 |
100.0% |
RM204.83 Million
≈ $51.43 Million |
RM0.00 | Malaysia | Mar 2026 |
| 1980 |
TTFB Co Ltd
TWO:2729 |
100.0% |
NT$2.54 Billion
≈ $80.06 Million |
NT$0.00 | Taiwan | Mar 2026 |
| 1981 |
Micro-Star International Co Ltd
TW:2377 |
100.0% |
NT$54.60 Billion
≈ $1.72 Billion |
NT$0.00 | Taiwan | Dec 2025 |
| 1982 |
Prospector Metals Corp
V:PPP |
100.0% |
CA$47.85 Million
≈ $34.62 Million |
CA$0.00 | Canada | Nov 2025 |
| 1983 |
European Metals Holdings Ltd
AU:EMH |
100.0% |
AU$32.21 Million
≈ $22.79 Million |
AU$0.00 | Australia | Dec 2025 |
| 1984 |
Coxon Precise Industrial Co Ltd
TW:3607 |
100.0% |
NT$1.57 Billion
≈ $49.55 Million |
NT$0.00 | Taiwan | Jun 2025 |
| 1985 |
Australian Foundation Investment Company Ltd
AU:AFI |
100.0% |
AU$8.22 Billion
≈ $5.82 Billion |
AU$0.00 | Australia | Jun 2026 |
| 1986 |
Astron Connect Inc
V:AST |
100.0% |
CA$2.24 Million
≈ $1.62 Million |
CA$0.00 | Canada | Mar 2026 |
| 1987 |
Seven Hills Realty Trust
NASDAQ:SEVN |
100.0% | $320.67 Million | $0.00 | USA | Jun 2026 |
| 1988 |
Erria A/S
CO:ERRIA |
100.0% |
Dkr13.34 Million
≈ $2.09 Million |
Dkr0.00 | Denmark | Jun 2025 |
| 1989 |
Canadian Life Companies Split Corp
TO:LFE |
100.0% |
CA$117.20 Million
≈ $84.78 Million |
CA$0.00 | Canada | Nov 2025 |
| 1990 |
Engineer Gold Mines Ltd
V:EAU |
100.0% |
CA$3.76 Million
≈ $2.72 Million |
CA$0.00 | Canada | Feb 2026 |
| 1991 |
Wong Engineering Corporation Bhd
KLSE:7050 |
100.0% |
RM77.72 Million
≈ $19.51 Million |
RM0.00 | Malaysia | Oct 2025 |
| 1992 |
Golden Heaven Group Holdings Ltd. Ordinary Shares
NASDAQ:GDHG |
100.0% | $180.65 Million | $0.00 | USA | Dec 2025 |
| 1993 |
Triumph Gold Corp
V:TIG |
100.0% |
CA$4.59 Million
≈ $3.32 Million |
CA$0.00 | Canada | Mar 2026 |
| 1994 |
Tamarack Valley Energy Ltd
TO:TVE |
100.0% |
CA$1.83 Billion
≈ $1.32 Billion |
CA$0.00 | Canada | Sep 2025 |
| 1995 |
Eastern Star Real Estate Public Company Limited
BK:ESTAR |
100.0% |
฿5.13 Billion
≈ $159.94 Million |
฿0.00 | Thailand | Mar 2026 |
| 1996 |
Catalyst Metals Ltd
AU:CYL |
100.0% |
AU$581.28 Million
≈ $411.29 Million |
AU$0.00 | Australia | Dec 2025 |
| 1997 |
Research Frontiers Incorporated
NASDAQ:REFR |
100.0% | $1.78 Million | $0.00 | USA | Mar 2026 |
| 1998 |
Thai Nippon Rubber Industry Public Co. Ltd
BK:TNR |
100.0% |
฿1.31 Billion
≈ $40.90 Million |
฿0.00 | Thailand | Sep 2025 |
| 1999 |
Gullewa Ltd
AU:GUL |
100.0% |
AU$21.90 Million
≈ $15.50 Million |
AU$0.00 | Australia | Dec 2025 |
| 2000 |
Andira Agro Tbk PT
JK:ANDI |
100.0% |
Rp104.81 Billion
≈ $6.14 Million |
Rp0.00 | Indonesia | Jun 2026 |