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.
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 |
|---|---|---|---|---|---|---|
| 2001 |
FRESH FACTORY B.C.
F:Q4Z |
100.0% |
€8.40 Million
≈ $9.82 Million |
€0.00 | Germany | Dec 2025 |
| 2002 |
Liuzhou Chemical Industry Co Ltd
SHG:600423 |
100.0% |
CN¥559.03 Million
≈ $81.80 Million |
CN¥0.00 | China | Sep 2025 |
| 2003 |
Orcay Ortakoy Cay Sanayi & Ticaret AS
IS:ORCAY |
100.0% |
TL453.24 Million
≈ $10.15 Million |
TL0.00 | Turkey | Jun 2025 |
| 2004 |
Galectin Therapeutics Inc
NASDAQ:GALT |
100.0% | $2.62 Million | $0.00 | USA | Dec 2021 |
| 2005 |
Nexus Infrastructure plc
LSE:NEXS |
100.0% |
GBX26.25 Million
≈ $3.19K |
GBX0.00 | UK | Mar 2026 |
| 2006 |
Hiap Huat Holdings Bhd
KLSE:0160 |
100.0% |
RM108.76 Million
≈ $27.31 Million |
RM0.00 | Malaysia | Sep 2025 |
| 2007 |
MCT Bhd
KLSE:5182 |
100.0% |
RM869.87 Million
≈ $218.40 Million |
RM0.00 | Malaysia | Mar 2023 |
| 2008 |
EcoFirst Consolidated Bhd
KLSE:3557 |
100.0% |
RM567.89 Million
≈ $142.58 Million |
RM0.00 | Malaysia | May 2026 |
| 2009 |
Element 25 Ltd
AU:E25 |
100.0% |
AU$55.07 Million
≈ $38.97 Million |
AU$0.00 | Australia | Jun 2025 |
| 2010 |
Alternative Income REIT PLC
LSE:AIRE |
100.0% |
GBX68.00 Million
≈ $8.27K |
GBX0.00 | UK | Dec 2025 |
| 2011 |
Akshar Spintex Limited
NSE:AKSHAR |
100.0% |
Rs850.21 Million
≈ $9.19 Million |
Rs0.00 | India | Sep 2025 |
| 2012 |
Buana Listya Tama Tbk PT
JK:BULL |
100.0% |
Rp187.10 Million
≈ $10.96K |
Rp0.00 | Indonesia | Sep 2025 |
| 2013 |
Golden Friends
TWO:4506 |
100.0% |
NT$5.27 Billion
≈ $165.91 Million |
NT$0.00 | Taiwan | Jun 2025 |
| 2014 |
Texas Community Bancshares Inc
NASDAQ:TCBS |
100.0% | $2.14 Million | $0.00 | USA | Jun 2026 |
| 2015 |
Shin Ruenn Development Co Ltd
TWO:6186 |
100.0% |
NT$5.08 Billion
≈ $160.00 Million |
NT$0.00 | Taiwan | Sep 2025 |
| 2016 |
Sentien Printing Factory Co Ltd
TWO:8410 |
100.0% |
NT$1.84 Billion
≈ $58.12 Million |
NT$0.00 | Taiwan | Jun 2026 |
| 2017 |
Country Garden Holdings Company Limited
F:DZJ |
100.0% |
€30.96 Billion
≈ $36.20 Billion |
€0.00 | Germany | Jun 2026 |
| 2018 |
Dayang Enterprise Holdings Bhd
KLSE:5141 |
100.0% |
RM2.13 Billion
≈ $533.53 Million |
RM0.00 | Malaysia | Sep 2025 |
| 2019 |
Bank of Maharashtra
NSE:MAHABANK |
100.0% |
Rs332.25 Billion
≈ $3.59 Billion |
Rs0.00 | India | Mar 2026 |
| 2020 |
HMCIB SPAC 3
KQ:226340 |
100.0% |
₩59.88 Billion
≈ $40.58 Million |
₩0.00 | Korea | Sep 2024 |
| 2021 |
Lithium Plus Minerals Ltd
AU:LPM |
100.0% |
AU$20.72 Million
≈ $14.66 Million |
AU$0.00 | Australia | Dec 2025 |
| 2022 |
Trade & Value AG
HM:TAV |
100.0% Annual |
€962.69K
≈ $1.13 Million |
€0.00 | Germany | Dec 2020 |
| 2023 |
Norte Grande
SN:NORTEGRAN |
100.0% |
CL$2.52 Billion
≈ $2.82 Million |
CL$0.00 | Chile | Dec 2025 |
| 2024 |
Prolific Technology
TWO:6233 |
100.0% |
NT$1.37 Billion
≈ $43.04 Million |
NT$0.00 | Taiwan | Dec 2025 |
| 2025 |
John Hancock Income Securities Closed Fund
NYSE:JHS |
100.0% | $142.15 Million | $0.00 | USA | Apr 2026 |
| 2026 |
Mitra Pemuda Tbk PT
JK:MTRA |
100.0% |
Rp3.76 Billion
≈ $220.14K |
Rp0.00 | Indonesia | Sep 2021 |
| 2027 |
Dart Mining NL
AU:DTM |
100.0% |
AU$17.69 Million
≈ $12.51 Million |
AU$0.00 | Australia | Dec 2025 |
| 2028 |
Ballymore Resources Ltd
AU:BMR |
100.0% |
AU$15.62 Million
≈ $11.05 Million |
AU$0.00 | Australia | Dec 2025 |
| 2029 |
Generations Bancorp NY Inc
NASDAQ:GBNY |
100.0% | $33.28 Million | $0.00 | USA | Dec 2025 |
| 2030 |
ST George Mining Ltd
AU:SGQ |
100.0% |
AU$99.97 Million
≈ $70.74 Million |
AU$0.00 | Australia | Dec 2025 |
| 2031 |
Grupa Azoty Zaklady Chemiczne Police SA
WAR:PCE |
100.0% |
zł486.29 Million
≈ $133.83 Million |
zł0.00 | Poland | Sep 2025 |
| 2032 |
BW LPG Limited
F:BW9 |
100.0% |
€1.93 Billion
≈ $2.25 Billion |
€0.00 | Germany | Dec 2025 |
| 2033 |
Natures Sunshine Products Inc
NASDAQ:NATR |
100.0% | $169.32 Million | $0.00 | USA | Jun 2026 |
| 2034 |
Dragon Mountain Gold Ltd
AU:DMG |
100.0% |
AU$812.65K
≈ $575.00K |
AU$0.00 | Australia | Jun 2025 |
| 2035 |
Orient Paper & Industries Limited
NSE:ORIENTPPR |
100.0% |
Rs14.68 Billion
≈ $158.78 Million |
Rs0.00 | India | Mar 2026 |
| 2036 |
TH Plantations Bhd
KLSE:5112 |
100.0% |
RM1.14 Billion
≈ $285.27 Million |
RM0.00 | Malaysia | Jun 2026 |
| 2037 |
Zephyr Minerals Ltd
V:ZFR |
100.0% |
CA$5.26 Million
≈ $3.81 Million |
CA$0.00 | Canada | Sep 2025 |
| 2038 |
Formosa Prosonic Industries
KLSE:9172 |
100.0% |
RM537.85 Million
≈ $135.04 Million |
RM0.00 | Malaysia | Sep 2025 |
| 2039 |
SPOTLITE360 IOT SOLUTIONS
F:87A0 |
100.0% Annual |
€295.66K
≈ $345.66K |
€0.00 | Germany | Dec 2022 |
| 2040 |
Almonty Industries Inc
AU:AII |
100.0% |
AU$357.81 Million
≈ $253.17 Million |
AU$0.00 | Australia | Dec 2025 |
| 2041 |
Diamcor Mining
V:DMI |
100.0% |
CA$924.43K
≈ $668.72K |
CA$0.00 | Canada | Mar 2019 |
| 2042 |
Bicycle Therapeutics Ltd
NASDAQ:BCYC |
100.0% | $510.25 Million | $0.00 | USA | Jun 2026 |
| 2043 |
Israel Opportunity - Energy Resources LP
TA:ISOP-L |
100.0% |
ILA6.45 Million
≈ $17.29K |
ILA0.00 | Israel | Jun 2023 |
| 2044 |
Planet Properindo Jaya Pt
JK:PLAN |
100.0% |
Rp55.17 Billion
≈ $3.23 Million |
Rp0.00 | Indonesia | Jun 2025 |
| 2045 |
Pliant Therapeutics Inc
NASDAQ:PLRX |
100.0% | $146.93 Million | $0.00 | USA | Jun 2026 |
| 2046 |
Riley Gold Corp
V:RLYG |
100.0% |
CA$2.84 Million
≈ $2.06 Million |
CA$0.00 | Canada | Mar 2026 |
| 2047 |
Diamondback Energy Inc
NASDAQ:FANG |
100.0% | $42.97 Billion | $0.00 | USA | Dec 2025 |
| 2048 |
Servotronics Inc
NYSE MKT:SVT |
100.0% | $23.70 Million | $0.00 | USA | Mar 2025 |
| 2049 |
ADCORE INC. O.N.
F:ADQ |
100.0% |
€6.95 Million
≈ $8.13 Million |
€0.00 | Germany | Mar 2026 |
| 2050 |
Rhom Bho Property Public Company Limited
BK:TITLE |
100.0% |
฿1.58 Billion
≈ $49.22 Million |
฿0.00 | Thailand | Sep 2025 |
| 2051 |
INPAQ Technology Co Ltd
TWO:6284 |
100.0% |
NT$7.55 Billion
≈ $238.02 Million |
NT$0.00 | Taiwan | Dec 2025 |
| 2052 |
Northern Lion Gold Corp
V:NL |
100.0% |
CA$386.92K
≈ $279.89K |
CA$0.00 | Canada | Sep 2023 |
| 2053 |
JR HOLDING SA BC ZY -10
F:8JA |
100.0% |
€172.95 Million
≈ $202.20 Million |
€0.00 | Germany | Mar 2026 |
| 2054 |
Progress-Werk Oberkirch AG
XETRA:PWO |
100.0% |
€164.28 Million
≈ $192.06 Million |
€0.00 | Germany | Jun 2026 |
| 2055 |
Winpac Inc
KQ:097800 |
100.0% |
₩66.30 Billion
≈ $44.93 Million |
₩0.00 | Korea | Sep 2025 |
| 2056 |
MetalsTech Limited
F:MT1 |
100.0% |
€6.51 Million
≈ $7.61 Million |
€0.00 | Germany | Jun 2024 |
| 2057 |
Asuransi Bina Dana Arta Tbk
JK:ABDA |
100.0% |
Rp1.63 Trillion
≈ $95.43 Million |
Rp0.00 | Indonesia | Jun 2025 |
| 2058 |
Outset Medical Inc
NASDAQ:OM |
100.0% | $96.34 Million | $0.00 | USA | Jun 2026 |
| 2059 |
Prospect Resources Ltd
AU:PSC |
100.0% |
AU$41.19 Million
≈ $29.14 Million |
AU$0.00 | Australia | Dec 2025 |
| 2060 |
Unicycive Therapeutics Inc
NASDAQ:UNCY |
100.0% | $53.27 Million | $0.00 | USA | Jun 2026 |
| 2061 |
NANOSPHERE
F:3NS |
100.0% Annual |
€744.08K
≈ $869.90K |
€0.00 | Germany | May 2021 |
| 2062 |
Superior Mining International Corp
V:SUI |
100.0% |
CA$5.70 Million
≈ $4.12 Million |
CA$0.00 | Canada | Jan 2025 |
| 2063 |
Mitra Komunikasi Nusantara Tbk PT
JK:MKNT |
100.0% |
Rp1.71 Billion
≈ $100.00K |
Rp0.00 | Indonesia | Dec 2023 |
| 2064 |
Data International Co Ltd
TWO:5432 |
100.0% |
NT$401.94 Million
≈ $12.66 Million |
NT$0.00 | Taiwan | Dec 2025 |
| 2065 |
Cipta Selera Murni Pt
JK:CSMI |
100.0% |
Rp4.38 Billion
≈ $256.77K |
Rp0.00 | Indonesia | Sep 2025 |
| 2066 |
Al Aqar Healthcare Reit
KLSE:5116 |
100.0% |
RM1.05 Billion
≈ $264.16 Million |
RM0.00 | Malaysia | Mar 2026 |
| 2067 |
Tandem Diabetes Care Inc
NASDAQ:TNDM |
100.0% | $130.39 Million | $0.00 | USA | Jun 2026 |
| 2068 |
New England Realty Associates LP
NYSE MKT:NEN |
100.0% | $8.90 Million | $0.00 | USA | Dec 2000 |
| 2069 |
Maven Income And Growth Vct Plc
LSE:MIG1 |
100.0% |
GBX65.74 Million
≈ $8.00K |
GBX0.00 | UK | Aug 2025 |
| 2070 |
NEWRON PHARMACEUT. EO-20
F:NP5 |
100.0% |
€1.58 Million
≈ $1.85 Million |
€0.00 | Germany | Jun 2025 |
| 2071 |
Envoy Medical Inc.
NASDAQ:COCH |
100.0% | $3.30 Million | $0.00 | USA | Jun 2026 |
| 2072 |
Viper Energy Ut
NASDAQ:VNOM |
100.0% | $10.28 Billion | $0.00 | USA | Jun 2026 |
| 2073 |
Flexsteel Industries Inc
NASDAQ:FLXS |
100.0% | $133.50 Million | $0.00 | USA | Jun 2026 |
| 2074 |
Tasco Bhd
KLSE:5140 |
100.0% |
RM729.99 Million
≈ $183.28 Million |
RM0.00 | Malaysia | Jun 2026 |
| 2075 |
Imricor Medical Systems Inc
AU:IMR |
100.0% |
AU$11.53 Million
≈ $8.16 Million |
AU$0.00 | Australia | Dec 2025 |
| 2076 |
Spring Art Holdings Bhd
KLSE:0216 |
100.0% |
RM89.28 Million
≈ $22.41 Million |
RM0.00 | Malaysia | Sep 2025 |
| 2077 |
Botswana Diamonds plc
LSE:BOD |
100.0% |
GBX4.39 Million
≈ $533.75 |
GBX0.00 | UK | Jun 2025 |
| 2078 |
EAM Solar ASA
OL:EAM |
100.0% |
Nkr3.45 Million
≈ $363.52K |
Nkr0.00 | Norway | Jun 2026 |
| 2079 |
Jupiter Mines Ltd
AU:JMS |
100.0% |
AU$578.20 Million
≈ $409.11 Million |
AU$0.00 | Australia | May 2026 |
| 2080 |
Kymera Therapeutics Inc
NASDAQ:KYMR |
100.0% | $1.51 Billion | $0.00 | USA | Jun 2026 |
| 2081 |
Union Plastic Public Company Limited
BK:UP |
100.0% |
฿618.32 Million
≈ $19.27 Million |
฿0.00 | Thailand | Sep 2025 |
| 2082 |
Income Opportunity Realty Investors
NYSE MKT:IOR |
100.0% | $126.93 Million | $0.00 | USA | Mar 2026 |
| 2083 |
Ardea Resources Ltd
AU:ARL |
100.0% |
AU$147.12 Million
≈ $104.10 Million |
AU$0.00 | Australia | Jun 2026 |
| 2084 |
Thai Reinsurance Public Company Limited
BK:THRE |
100.0% |
฿4.07 Billion
≈ $126.71 Million |
฿0.00 | Thailand | Sep 2025 |
| 2085 |
Amedeo Air Four Plus Limited
LSE:AA4 |
100.0% |
GBX279.72 Million
≈ $34.03K |
GBX0.00 | UK | Sep 2025 |
| 2086 |
Kasikornbank Public Company Limited
BK:KBANK |
100.0% |
฿673.32 Billion
≈ $20.99 Billion |
฿0.00 | Thailand | Sep 2025 |
| 2087 |
Chromocell Therapeutics Corporation
NYSE MKT:CHRO |
100.0% | $1.13 Million | $0.00 | USA | Mar 2024 |
| 2088 |
Argosy Minerals Ltd
AU:AGY |
100.0% |
AU$94.06 Million
≈ $66.55 Million |
AU$0.00 | Australia | Jun 2026 |
| 2089 |
Highlight Tech
TWO:6208 |
100.0% |
NT$3.16 Billion
≈ $99.71 Million |
NT$0.00 | Taiwan | Mar 2026 |
| 2090 |
Tysnes Sparebank
OL:TYSB |
100.0% |
Nkr407.99 Million
≈ $42.93 Million |
Nkr0.00 | Norway | Jun 2025 |
| 2091 |
LOGAN GROUP HD -10
F:5LP |
100.0% |
€20.60 Billion
≈ $24.08 Billion |
€0.00 | Germany | Dec 2025 |
| 2092 |
YBS International Bhd
KLSE:0025 |
100.0% |
RM131.82 Million
≈ $33.09 Million |
RM0.00 | Malaysia | Dec 2025 |
| 2093 |
BLAZE Minerals Ltd
AU:BLZ |
100.0% |
AU$5.11 Million
≈ $3.62 Million |
AU$0.00 | Australia | Dec 2025 |
| 2094 |
Enanta Pharmaceuticals Inc
NASDAQ:ENTA |
100.0% | $101.07 Million | $0.00 | USA | Jun 2026 |
| 2095 |
Falcon Gold Corp
V:FG |
100.0% |
CA$2.71 Million
≈ $1.96 Million |
CA$0.00 | Canada | Mar 2024 |
| 2096 |
Warby Parker Inc
NYSE:WRBY |
100.0% | $391.99 Million | $0.00 | USA | Jun 2026 |
| 2097 |
CT UK High Income Ord
LSE:CHI |
100.0% |
GBX137.50 Million
≈ $16.73K |
GBX0.00 | UK | Mar 2026 |
| 2098 |
Culpeo Minerals Ltd
AU:CPO |
100.0% |
AU$9.06 Million
≈ $6.41 Million |
AU$0.00 | Australia | Dec 2025 |
| 2099 |
OM Holdings Ltd
KLSE:5298 |
100.0% |
RM422.31 Million
≈ $106.03 Million |
RM0.00 | Malaysia | Dec 2025 |
| 2100 |
Centaurus Metals Ltd
AU:CTM |
100.0% |
AU$45.06 Million
≈ $31.88 Million |
AU$0.00 | Australia | Dec 2025 |