Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
91.0%
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 |
|---|---|---|---|---|---|---|
| 22701 |
Hunan Kaimeite Gases Co Ltd
SHE:002549 |
91.1% |
CN¥2.05 Billion
≈ $300.56 Million |
CN¥183.63 Million | China | Jun 2026 |
| 22702 |
Big River Industries Ltd
AU:BRI |
91.1% |
AU$112.17 Million
≈ $79.37 Million |
AU$10.03 Million | Australia | Dec 2025 |
| 22703 |
Zhejiang Jolly Pharmaceutical Co Ltd
SHE:300181 |
91.1% |
CN¥3.49 Billion
≈ $511.19 Million |
CN¥312.40 Million | China | Mar 2026 |
| 22704 |
Horace Mann Educators Corporation
NYSE:HMN |
91.1% | $1.50 Billion | $134.40 Million | USA | Jun 2026 |
| 22705 |
Altheora SA
PA:ALORA |
91.1% |
€9.37 Million
≈ $10.95 Million |
€838.00K | France | Jun 2025 |
| 22706 |
Insmed Inc
NASDAQ:INSM |
91.1% | $945.57 Million | $84.59 Million | USA | Sep 2025 |
| 22707 |
Grupo Security
SN:SECURITY |
91.1% |
CL$1.09 Trillion
≈ $1.22 Billion |
CL$97.75 Billion | Chile | Jun 2025 |
| 22708 |
Wuhan Nusun Landscape Co Ltd
SHE:300536 |
91.1% |
CN¥274.49 Million
≈ $40.17 Million |
CN¥24.56 Million | China | Mar 2026 |
| 22709 |
Heritage Global Inc
NASDAQ:HGBL |
91.0% | $67.77 Million | $6.07 Million | USA | Mar 2026 |
| 22710 |
Oneness Biotech Co Ltd
TWO:4743 |
91.0% |
NT$10.97 Billion
≈ $345.50 Million |
NT$982.23 Million | Taiwan | Sep 2025 |
| 22711 |
Northeast Electric Development Company Limited
F:NE4H |
91.0% |
€135.54 Million
≈ $158.46 Million |
€12.14 Million | Germany | Sep 2020 |
| 22712 |
Publicis Groupe SA
PA:PUB |
91.0% |
€10.42 Billion
≈ $12.19 Billion |
€934.00 Million | France | Dec 2025 |
| 22713 |
ArcherMind Technology Nanjing Co Ltd
SHE:300598 |
91.0% |
CN¥1.42 Billion
≈ $207.62 Million |
CN¥127.19 Million | China | Mar 2026 |
| 22714 |
Tradegate AG Wertpapierhandelsbank
F:T2G |
91.0% |
€154.14 Million
≈ $180.20 Million |
€13.82 Million | Germany | Dec 2025 |
| 22715 |
Puloon Technology Inc
KQ:094940 |
91.0% |
₩35.96 Billion
≈ $24.37 Million |
₩3.23 Billion | Korea | Mar 2026 |
| 22716 |
AMERISAFE Inc
NASDAQ:AMSF |
91.0% | $246.60 Million | $22.13 Million | USA | Mar 2026 |
| 22717 |
Zhejiang Jingxing Paper Joint Stock Co Ltd
SHE:002067 |
91.0% |
CN¥6.70 Billion
≈ $981.08 Million |
CN¥601.60 Million | China | Mar 2026 |
| 22718 |
Tasty Plc
LSE:TAST |
91.0% |
GBX312.00K
≈ $37.96 |
GBX28.00K | UK | Dec 2024 |
| 22719 |
Aviat Networks Inc
NASDAQ:AVNW |
91.0% | $271.78 Million | $24.39 Million | USA | Mar 2026 |
| 22720 |
Chengdu Gas Group Co Ltd
SHG:603053 |
91.0% |
CN¥5.32 Billion
≈ $779.02 Million |
CN¥477.90 Million | China | Mar 2026 |
| 22721 |
Kuaijishan Shaoxing Rice Wine
SHG:601579 |
91.0% |
CN¥3.92 Billion
≈ $573.17 Million |
CN¥351.81 Million | China | Mar 2026 |
| 22722 |
Credicorp Ltd
F:D8V |
91.0% |
€39.10 Billion
≈ $45.71 Billion |
€3.51 Billion | Germany | Dec 2025 |
| 22723 |
Bio Planet SA
WAR:BIP |
91.0% |
zł34.18 Million
≈ $9.41 Million |
zł3.07 Million | Poland | Mar 2026 |
| 22724 |
American Public Education Inc
NASDAQ:APEI |
91.0% | $314.06 Million | $28.22 Million | USA | Jun 2026 |
| 22725 |
Hansol Inticube Co. Ltd
KQ:070590 |
91.0% |
₩10.96 Billion
≈ $7.43 Million |
₩985.11 Million | Korea | Mar 2026 |
| 22726 |
Zhejiang Double Arrow Rubber Co Ltd
SHE:002381 |
91.0% |
CN¥2.18 Billion
≈ $318.65 Million |
CN¥195.75 Million | China | Mar 2026 |
| 22727 |
Inventronics Hangzhou Inc
SHE:300582 |
91.0% |
CN¥1.32 Billion
≈ $193.85 Million |
CN¥119.14 Million | China | Sep 2025 |
| 22728 |
Qingdao Kutesmart Co Ltd
SHE:300840 |
91.0% |
CN¥1.26 Billion
≈ $184.86 Million |
CN¥113.62 Million | China | Jun 2025 |
| 22729 |
Shanghai Junshi Biosciences Co Ltd
SHG:688180 |
91.0% |
CN¥6.22 Billion
≈ $910.73 Million |
CN¥559.77 Million | China | Dec 2025 |
| 22730 |
Intellicheck Mobilisa Inc
NASDAQ:IDN |
91.0% | $21.53 Million | $1.94 Million | USA | Mar 2026 |
| 22731 |
Gilat Satellite Networks Ltd
TA:GILT |
91.0% |
ILA540.45 Million
≈ $1.45 Million |
ILA48.62 Million | Israel | Jun 2026 |
| 22732 |
Kavveri Telecom Products Limited
NSE:KAVVERITEL |
91.0% |
Rs868.37 Million
≈ $9.39 Million |
Rs78.14 Million | India | Mar 2025 |
| 22733 |
Guangdong Topstar Technology Co Ltd
SHE:300607 |
91.0% |
CN¥2.95 Billion
≈ $431.23 Million |
CN¥265.19 Million | China | Jun 2025 |
| 22734 |
Deutsche Lufthansa AG
F:LHAB |
91.0% |
€11.71 Billion
≈ $13.69 Billion |
€1.05 Billion | Germany | Dec 2025 |
| 22735 |
Luolai Home Textile Co Ltd
SHE:002293 |
91.0% |
CN¥4.02 Billion
≈ $588.56 Million |
CN¥362.01 Million | China | Sep 2025 |
| 22736 |
Addus HomeCare Corporation
NASDAQ:ADUS |
91.0% | $1.12 Billion | $100.49 Million | USA | Mar 2026 |
| 22737 |
MAG Holdings Berhad
KLSE:0095 |
91.0% |
RM601.22 Million
≈ $150.95 Million |
RM54.14 Million | Malaysia | Dec 2025 |
| 22738 |
Telefonaktiebolaget LM Ericsson B ADR
NASDAQ:ERIC |
91.0% | $102.56 Billion | $9.24 Billion | USA | Mar 2026 |
| 22739 |
KWANGJIN WINTEC CO. Ltd
KQ:090150 |
91.0% |
₩44.31 Billion
≈ $30.03 Million |
₩3.99 Billion | Korea | Sep 2025 |
| 22740 |
CHINA KEPEI ED. DL-00001
F:9CK |
91.0% |
€5.91 Billion
≈ $6.91 Billion |
€532.48 Million | Germany | Feb 2026 |
| 22741 |
ATAI Life Sciences NV
XETRA:9VC |
91.0% |
€159.91 Million
≈ $186.95 Million |
€14.41 Million | Germany | Sep 2025 |
| 22742 |
TVS Supply Chain Solutions Limited
NSE:TVSSCS |
91.0% |
Rs19.77 Billion
≈ $213.78 Million |
Rs1.78 Billion | India | Sep 2025 |
| 22743 |
SentinelOne Inc
NYSE:S |
91.0% | $1.44 Billion | $129.55 Million | USA | Jan 2026 |
| 22744 |
Shelly Group SE
XETRA:SLYG |
91.0% |
€224.48 Million
≈ $262.44 Million |
€20.24 Million | Germany | Mar 2026 |
| 22745 |
Ningbo Solartron Technology Co Ltd
SHG:688299 |
91.0% |
CN¥2.08 Billion
≈ $304.68 Million |
CN¥187.77 Million | China | Sep 2025 |
| 22746 |
J Sainsbury PLC
LSE:SBRY |
91.0% |
GBX6.15 Billion
≈ $748.28K |
GBX555.00 Million | UK | Feb 2026 |
| 22747 |
Aecon Group Inc.
TO:ARE |
91.0% |
CA$922.85 Million
≈ $667.57 Million |
CA$83.33 Million | Canada | Sep 2025 |
| 22748 |
Huaneng Power International Inc
SHG:600011 |
91.0% |
CN¥215.95 Billion
≈ $31.60 Billion |
CN¥19.50 Billion | China | Sep 2025 |
| 22749 |
FIT Hon Teng Limited
F:0FJ |
91.0% |
€2.55 Billion
≈ $2.99 Billion |
€230.68 Million | Germany | Jun 2025 |
| 22750 |
Heimstaden AB Pfd.
ST:HEIM-PREF |
91.0% |
Skr119.23 Billion
≈ $12.83 Billion |
Skr10.77 Billion | Sweden | Jun 2026 |
| 22751 |
Vmoto Ltd
AU:VMT |
91.0% |
AU$73.73 Million
≈ $52.17 Million |
AU$6.66 Million | Australia | Dec 2025 |
| 22752 |
NuCana PLC
NASDAQ:NCNA |
91.0% | $24.28 Million | $2.19 Million | USA | Mar 2026 |
| 22753 |
TruCap Finance Limited
NSE:TRU |
91.0% |
Rs1.08 Billion
≈ $11.67 Million |
Rs97.53 Million | India | Sep 2025 |
| 22754 |
Mo-Bruk SA
WAR:MBR |
91.0% |
zł188.51 Million
≈ $51.88 Million |
zł17.04 Million | Poland | Sep 2025 |
| 22755 |
Wuxi Zhenhua Auto Parts Co. Ltd.
SHG:605319 |
91.0% |
CN¥2.88 Billion
≈ $421.14 Million |
CN¥260.24 Million | China | Mar 2026 |
| 22756 |
Olin Corporation
NYSE:OLN |
91.0% | $1.93 Billion | $174.40 Million | USA | Dec 2025 |
| 22757 |
Profarma Distribuidora de Produtos Farmacêuticos S.A
SA:PFRM3 |
91.0% |
R$1.67 Billion
≈ $328.16 Million |
R$151.26 Million | Brazil | Sep 2025 |
| 22758 |
Atturra Ltd
AU:ATA |
91.0% |
AU$218.33 Million
≈ $154.48 Million |
AU$19.75 Million | Australia | Dec 2025 |
| 22759 |
Carnival Corporation
NYSE:CCL |
90.9% | $13.05 Billion | $1.18 Billion | USA | Feb 2026 |
| 22760 |
Carnival Corporation & plc
F:POH1 |
90.9% |
€13.05 Billion
≈ $15.26 Billion |
€1.18 Billion | Germany | Feb 2026 |
| 22761 |
Carnival Plc ADS
NYSE:CUK |
90.9% | $13.05 Billion | $1.18 Billion | USA | Feb 2026 |
| 22762 |
Carnival PLC
LSE:CCL |
90.9% |
GBX13.01 Billion
≈ $1.58 Million |
GBX1.18 Billion | UK | Feb 2026 |
| 22763 |
Xuchang Yuandong Drive Shaft Co Ltd
SHE:002406 |
90.9% |
CN¥4.15 Billion
≈ $607.79 Million |
CN¥376.00 Million | China | Mar 2026 |
| 22764 |
Hangzhou Juheshun New Material Co Ltd
SHG:605166 |
90.9% |
CN¥2.18 Billion
≈ $319.53 Million |
CN¥197.69 Million | China | Sep 2025 |
| 22765 |
Motorpoint Group PLC
LSE:MOTR |
90.9% |
GBX24.30 Million
≈ $2.96K |
GBX2.20 Million | UK | Sep 2025 |
| 22766 |
SCG PACKAGING -NVDR- BA1
F:5Y7 |
90.9% |
€92.05 Billion
≈ $107.61 Billion |
€8.33 Billion | Germany | Mar 2026 |
| 22767 |
SCG PACKAGING -FGN- BA 1
F:5Y7A |
90.9% |
€92.05 Billion
≈ $107.61 Billion |
€8.33 Billion | Germany | Mar 2026 |
| 22768 |
Chongqing Wangbian Electric (Group) Corp. Ltd.
SHG:603191 |
90.9% |
CN¥2.49 Billion
≈ $363.70 Million |
CN¥225.05 Million | China | Jun 2025 |
| 22769 |
Zhejiang Anglikang Pharmaceutical Co Ltd Class A
SHE:002940 |
90.9% |
CN¥1.89 Billion
≈ $276.87 Million |
CN¥171.37 Million | China | Mar 2026 |
| 22770 |
Yangtze Optical Fibre and Cable Joint Stock Ltd Co
SHG:601869 |
90.9% |
CN¥19.50 Billion
≈ $2.85 Billion |
CN¥1.77 Billion | China | Dec 2025 |
| 22771 |
North Chemical Industries Co Ltd
SHE:002246 |
90.9% |
CN¥3.16 Billion
≈ $463.09 Million |
CN¥286.96 Million | China | Sep 2025 |
| 22772 |
Impack Pratama Industri Tbk
JK:IMPC |
90.9% |
Rp2.45 Trillion
≈ $143.66 Million |
Rp222.36 Billion | Indonesia | Jun 2025 |
| 22773 |
Indorama Synthetics Tbk
JK:INDR |
90.9% |
Rp386.85 Million
≈ $22.67K |
Rp35.11 Million | Indonesia | Jun 2026 |
| 22774 |
YPF Sociedad Anonima
NYSE:YPF |
90.9% | $16.05 Trillion | $1.46 Trillion | USA | Sep 2025 |
| 22775 |
Houston American Energy Corporation
NYSE MKT:HUSA |
90.9% | $16.49 Million | $1.50 Million | USA | Sep 2025 |
| 22776 |
China Quanjude Group Co Ltd
SHE:002186 |
90.9% |
CN¥899.48 Million
≈ $131.62 Million |
CN¥81.68 Million | China | Sep 2025 |
| 22777 |
Hansol Technics
KO:004710 |
90.9% |
₩501.51 Billion
≈ $339.87 Million |
₩45.54 Billion | Korea | Sep 2025 |
| 22778 |
Tennant Company
NYSE:TNC |
90.9% | $535.20 Million | $48.60 Million | USA | Jun 2026 |
| 22779 |
Zhejiang Hisun Pharmaceutical Co Ltd
SHG:600267 |
90.9% |
CN¥9.20 Billion
≈ $1.35 Billion |
CN¥835.05 Million | China | Mar 2026 |
| 22780 |
Columbia Banking System Inc
NASDAQ:COLB |
90.9% | $7.84 Billion | $712.00 Million | USA | Dec 2025 |
| 22781 |
Optics Technology Holding Co Ltd
SHE:300489 |
90.9% |
CN¥1.06 Billion
≈ $154.39 Million |
CN¥95.83 Million | China | Mar 2026 |
| 22782 |
Everus Construction Group Inc
NYSE:ECG |
90.9% | $773.20 Million | $70.25 Million | USA | Jun 2026 |
| 22783 |
Olympia Financial Group Inc
TO:OLY |
90.9% |
CA$45.69 Million
≈ $33.05 Million |
CA$4.15 Million | Canada | Mar 2026 |
| 22784 |
Zhejiang Jiemei Electronic and Technology Co Ltd
SHE:002859 |
90.9% |
CN¥3.20 Billion
≈ $467.60 Million |
CN¥290.48 Million | China | Mar 2026 |
| 22785 |
Dunelm Group PLC
LSE:DNLM |
90.9% |
GBX118.80 Million
≈ $14.45K |
GBX10.80 Million | UK | Jun 2025 |
| 22786 |
Dunelm Group plc
F:DFQ |
90.9% |
€118.80 Million
≈ $138.89 Million |
€10.80 Million | Germany | Jun 2025 |
| 22787 |
Shanghai Ailu Package Co. Ltd.
SHE:301062 |
90.9% |
CN¥1.35 Billion
≈ $197.92 Million |
CN¥122.97 Million | China | Mar 2026 |
| 22788 |
Zhejiang Lianxiang Smart Home
SHG:603272 |
90.9% |
CN¥538.50 Million
≈ $78.80 Million |
CN¥48.96 Million | China | Mar 2026 |
| 22789 |
Changzhou Tronly New Electronic Materials Co Ltd
SHE:300429 |
90.9% |
CN¥1.87 Billion
≈ $273.30 Million |
CN¥169.82 Million | China | Jun 2025 |
| 22790 |
Van Lanschot NV
AS:VLK |
90.9% |
€1.28 Billion
≈ $1.49 Billion |
€116.23 Million | Netherlands | Dec 2025 |
| 22791 |
ORION CORP.B UNSP.ADR 1/2
F:OFK0 |
90.9% |
€1.12 Billion
≈ $1.31 Billion |
€102.10 Million | Germany | Mar 2026 |
| 22792 |
Pason Systems Inc.
TO:PSI |
90.9% |
CA$476.29 Million
≈ $344.54 Million |
CA$43.33 Million | Canada | Mar 2026 |
| 22793 |
Technip Energies BV
PA:TE |
90.9% |
€2.06 Billion
≈ $2.41 Billion |
€187.80 Million | France | Jun 2026 |
| 22794 |
Shenzhen Exc Led Technology Co Ltd
SHE:300889 |
90.9% |
CN¥1.55 Billion
≈ $227.07 Million |
CN¥141.27 Million | China | Sep 2025 |
| 22795 |
Spic Yuanda Environmental Protection Co Ltd
SHG:600292 |
90.9% |
CN¥21.17 Billion
≈ $3.10 Billion |
CN¥1.93 Billion | China | Mar 2026 |
| 22796 |
Volt Power Group Ltd
AU:VPR |
90.9% |
AU$6.24 Million
≈ $4.41 Million |
AU$567.80K | Australia | Jun 2025 |
| 22797 |
Keysino Separation Technology Inc
SHE:300899 |
90.9% |
CN¥629.99 Million
≈ $92.19 Million |
CN¥57.38 Million | China | Mar 2026 |
| 22798 |
Select Energy Services Inc
NYSE:WTTR |
90.9% | $1.12 Billion | $102.00 Million | USA | Mar 2026 |
| 22799 |
Napatech A/S
OL:NAPA |
90.9% |
Nkr207.22 Million
≈ $21.81 Million |
Nkr18.88 Million | Norway | Sep 2025 |
| 22800 |
Heartland Express Inc
NASDAQ:HTLD |
90.9% | $749.03 Million | $68.26 Million | USA | Mar 2026 |