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 |
|---|---|---|---|---|---|---|
| 2201 |
Transition Evergreen
PA:EGR |
100.0% |
€116.70 Million
≈ $136.43 Million |
€0.00 | France | Jun 2024 |
| 2202 |
17 Education Technology Group Inc
NASDAQ:YQ |
100.0% | $334.15 Million | $0.00 | USA | Sep 2025 |
| 2203 |
Siam Steel Service Center Public Company Limited
BK:SSSC |
100.0% |
฿3.33 Billion
≈ $103.89 Million |
฿0.00 | Thailand | Sep 2025 |
| 2204 |
Madison Pacific Properties Inc.
TO:MPC |
100.0% |
CA$431.94 Million
≈ $312.46 Million |
CA$0.00 | Canada | Nov 2025 |
| 2205 |
Mirae Asset Maps Reit 1 Co Ltd
KO:357250 |
100.0% |
₩93.93 Billion
≈ $63.66 Million |
₩0.00 | Korea | Feb 2026 |
| 2206 |
Electroarges S
RO:ELGS |
100.0% |
RON25.16 Million
≈ $5.78 Million |
RON0.00 | Romania | Mar 2026 |
| 2207 |
Cayson Acquisition Corp Ordinary shares
NASDAQ:CAPN |
100.0% | $61.23 Million | $0.00 | USA | Dec 2025 |
| 2208 |
NatWest Group PLC
LSE:NWG |
100.0% |
GBX43.67 Billion
≈ $5.31 Million |
GBX0.00 | UK | Mar 2026 |
| 2209 |
PGF Capital Bhd
KLSE:8117 |
100.0% |
RM295.73 Million
≈ $74.25 Million |
RM0.00 | Malaysia | May 2026 |
| 2210 |
Toyota Motor Corporation
F:TOMA |
100.0% |
€39.99 Trillion
≈ $46.76 Trillion |
€0.00 | Germany | Dec 2025 |
| 2211 |
Sahamit Machinery Public Company Limited
BK:SMIT |
100.0% |
฿2.72 Billion
≈ $84.69 Million |
฿0.00 | Thailand | Mar 2026 |
| 2212 |
ALPHA
KLSE:0303 |
100.0% |
RM202.29 Million
≈ $50.79 Million |
RM0.00 | Malaysia | Nov 2025 |
| 2213 |
AGROB Immobilien AG
F:AGR |
100.0% |
€32.37 Million
≈ $37.84 Million |
€0.00 | Germany | Dec 2025 |
| 2214 |
Baillie Gifford Shin Nippon PLC
LSE:BGS |
100.0% |
GBX367.81 Million
≈ $44.75K |
GBX0.00 | UK | Jul 2025 |
| 2215 |
PESTECH International Bhd
KLSE:5219 |
100.0% |
RM378.94 Million
≈ $95.14 Million |
RM0.00 | Malaysia | Dec 2025 |
| 2216 |
Yieh United Steel
TWO:9957 |
100.0% |
NT$14.96 Billion
≈ $471.22 Million |
NT$0.00 | Taiwan | Jun 2025 |
| 2217 |
John Mattson Fastighetsforetagen AB
ST:JOMA |
100.0% |
Skr6.46 Billion
≈ $694.74 Million |
Skr0.00 | Sweden | Dec 2025 |
| 2218 |
JUMBO SA UNSP.ADR/1 O.N.
F:5JB1 |
100.0% |
€1.44 Billion
≈ $1.68 Billion |
€0.00 | Germany | Jun 2025 |
| 2219 |
Phosco Ltd
AU:PHO |
100.0% |
AU$12.69 Million
≈ $8.98 Million |
AU$0.00 | Australia | Dec 2021 |
| 2220 |
Southwest Securities Co Ltd
SHG:600369 |
100.0% |
CN¥25.93 Billion
≈ $3.79 Billion |
CN¥0.00 | China | Sep 2025 |
| 2221 |
ARRAS MINERALS CORP.
F:9RJ |
100.0% |
€13.42 Million
≈ $15.69 Million |
€0.00 | Germany | Jan 2026 |
| 2222 |
Karnalyte Resources Inc.
TO:KRN |
100.0% |
CA$3.07 Million
≈ $2.22 Million |
CA$0.00 | Canada | Mar 2026 |
| 2223 |
H.G. Infra Engineering Limited
NSE:HGINFRA |
100.0% |
Rs32.81 Billion
≈ $354.87 Million |
Rs0.00 | India | Mar 2026 |
| 2224 |
Puri Global Sukses Tbk Pt
JK:PURI |
100.0% |
Rp110.85 Billion
≈ $6.50 Million |
Rp0.00 | Indonesia | Jun 2025 |
| 2225 |
Onward Technologies Limited
NSE:ONWARDTEC |
100.0% |
Rs2.54 Billion
≈ $27.42 Million |
Rs0.00 | India | Mar 2026 |
| 2226 |
Fair Oaks Income Limited
LSE:FA17 |
100.0% | $235.74 Million | $0.00 | UK | Dec 2024 |
| 2227 |
Netronix
TWO:6143 |
100.0% |
NT$4.48 Billion
≈ $141.15 Million |
NT$0.00 | Taiwan | Mar 2026 |
| 2228 |
Vukile Property Fund Ltd
JSE:VKE |
100.0% |
ZAC31.29 Billion
≈ $16.63 Million |
ZAC0.00 | South Africa | Sep 2025 |
| 2229 |
Grupo Sports World S.A.B. de C.V
MX:SPORTS |
100.0% |
MX$993.47 Million
≈ $57.17 Million |
MX$0.00 | Mexico | Mar 2026 |
| 2230 |
METALQUEST MINING INC.
F:E7Q |
100.0% |
€1.16 Million
≈ $1.36 Million |
€0.00 | Germany | Oct 2025 |
| 2231 |
Jia Jie Biomedical Co Ltd
TWO:4109 |
100.0% |
NT$1.70 Billion
≈ $53.61 Million |
NT$0.00 | Taiwan | Mar 2026 |
| 2232 |
Chialin Precision Industrial Co Ltd
TWO:3310 |
100.0% |
NT$1.85 Billion
≈ $58.31 Million |
NT$0.00 | Taiwan | Sep 2025 |
| 2233 |
Joint Stock Company Kaspi.kz
NASDAQ:KSPI |
100.0% | $2.77 Trillion | $0.00 | USA | Jun 2026 |
| 2234 |
P/F Bakkafrost
F:6BF |
100.0% |
€11.35 Billion
≈ $13.27 Billion |
€0.00 | Germany | Mar 2026 |
| 2235 |
Pyxis Tankers Inc
NASDAQ:PXS |
100.0% | $103.33 Million | $0.00 | USA | Mar 2026 |
| 2236 |
Brompton Lifeco Split Corp
TO:LCS |
100.0% |
CA$90.93 Million
≈ $65.78 Million |
CA$0.00 | Canada | Dec 2025 |
| 2237 |
Wearable Devices Ltd.
NASDAQ:WLDS |
100.0% | $3.81 Million | $0.00 | USA | Jun 2025 |
| 2238 |
Melexis NV
BR:MELE |
100.0% |
€484.53 Million
≈ $566.47 Million |
€0.00 | Belgium | Dec 2025 |
| 2239 |
Reinsurance Group of America Inc
NYSE:RZB |
100.0% | $13.38 Billion | $0.00 | USA | Mar 2026 |
| 2240 |
Invivyd Inc.
NASDAQ:IVVD |
100.0% | $203.05 Million | $0.00 | USA | Mar 2026 |
| 2241 |
Willamette Valley Vineyards Inc
NASDAQ:WVVI |
100.0% | $67.79 Million | $0.00 | USA | Mar 2026 |
| 2242 |
Vital Energy Inc
V:VUX |
100.0% |
CA$17.13 Million
≈ $12.39 Million |
CA$0.00 | Canada | Sep 2025 |
| 2243 |
JPMorgan Indian Inv Trust
LSE:JII |
100.0% |
GBX762.15 Million
≈ $92.73K |
GBX0.00 | UK | Mar 2025 |
| 2244 |
RAPT Therapeutics Inc
NASDAQ:RAPT |
100.0% | $151.98 Million | $0.00 | USA | Sep 2025 |
| 2245 |
Agat Ejendomme A/S
CO:AGAT |
100.0% |
Dkr279.40 Million
≈ $43.71 Million |
Dkr0.00 | Denmark | Oct 2025 |
| 2246 |
FLEX LNG Ltd
F:0QQA |
100.0% |
€738.28 Million
≈ $863.12 Million |
€0.00 | Germany | Sep 2025 |
| 2247 |
Vita Coco Company Inc
NASDAQ:COCO |
100.0% | $400.90 Million | $0.00 | USA | Jun 2026 |
| 2248 |
PT Estee Gold Feet Tbk
JK:EURO |
100.0% |
Rp51.89 Billion
≈ $3.04 Million |
Rp0.00 | Indonesia | Jun 2025 |
| 2249 |
Top Glove Corporation Bhd
KLSE:7113 |
100.0% |
RM4.83 Billion
≈ $1.21 Billion |
RM0.00 | Malaysia | May 2026 |
| 2250 |
Angel Oak Mortgage Inc
NYSE:AOMR |
100.0% | $256.90 Million | $0.00 | USA | Mar 2026 |
| 2251 |
Thai Metal Drum Manufacturing Public Company Limited
BK:TMD |
100.0% |
฿3.72 Billion
≈ $116.00 Million |
฿0.00 | Thailand | Mar 2026 |
| 2252 |
SLP Resources Bhd
KLSE:7248 |
100.0% |
RM172.32 Million
≈ $43.26 Million |
RM0.00 | Malaysia | Mar 2026 |
| 2253 |
Ege Profil Ticaret ve Sanayi AS
IS:EGPRO |
100.0% |
TL7.38 Billion
≈ $165.35 Million |
TL0.00 | Turkey | Jun 2025 |
| 2254 |
Greenfire Resources Ltd.
NYSE:GFR |
100.0% | $1.15 Billion | $0.00 | USA | Jun 2026 |
| 2255 |
HCM Acquisition Corp
NASDAQ:HCMA |
100.0% | $36.12 Million | $0.00 | USA | Sep 2023 |
| 2256 |
Cassius Mining Ltd
AU:CMD |
100.0% |
AU$2.08 Million
≈ $1.47 Million |
AU$0.00 | Australia | Dec 2025 |
| 2257 |
Golden Eagle Energy Tbk
JK:SMMT |
100.0% |
Rp652.66 Billion
≈ $38.24 Million |
Rp0.00 | Indonesia | Jun 2026 |
| 2258 |
DRAGO ENTERTAINM. ZY -10
F:65M |
100.0% |
€16.22 Million
≈ $18.96 Million |
€0.00 | Germany | Mar 2026 |
| 2259 |
Sunrise Realty Trust, Inc.
NASDAQ:SUNS |
100.0% | $184.61 Million | $0.00 | USA | Sep 2025 |
| 2260 |
Southern Cable Group Bhd
KLSE:0225 |
100.0% |
RM506.36 Million
≈ $127.13 Million |
RM0.00 | Malaysia | Sep 2025 |
| 2261 |
Jasa Armada Indonesia Tbk PT
JK:IPCM |
100.0% |
Rp1.41 Trillion
≈ $82.35 Million |
Rp0.00 | Indonesia | Mar 2026 |
| 2262 |
Wereldhave NV
AS:WHA |
100.0% |
€1.34 Billion
≈ $1.57 Billion |
€0.00 | Netherlands | Dec 2025 |
| 2263 |
ScandBook Holding AB
ST:SBOK |
100.0% |
Skr268.77 Million
≈ $28.92 Million |
Skr0.00 | Sweden | Sep 2025 |
| 2264 |
Amcil Ltd
AU:AMH |
100.0% |
AU$312.81 Million
≈ $221.33 Million |
AU$0.00 | Australia | Jun 2026 |
| 2265 |
Graubuendner Kantonalbank
SW:GRKP |
100.0% |
CHF3.01 Billion
≈ $3.81 Billion |
CHF0.00 | Switzerland | Dec 2025 |
| 2266 |
Green Minerals AS
OL:GEM |
100.0% |
Nkr7.27 Million
≈ $765.01K |
Nkr0.00 | Norway | Dec 2025 |
| 2267 |
ALi Corp
TW:3041 |
100.0% |
NT$1.69 Billion
≈ $53.25 Million |
NT$0.00 | Taiwan | Jun 2025 |
| 2268 |
ATP 30 Public Company Limited
BK:ATP30 |
100.0% |
฿574.17 Million
≈ $17.90 Million |
฿0.00 | Thailand | Sep 2025 |
| 2269 |
Context Therapeutics Inc
NASDAQ:CNTX |
100.0% | $38.17 Million | $0.00 | USA | Jun 2026 |
| 2270 |
Ideal United Bintang Bhd
KLSE:9687 |
100.0% |
RM998.09 Million
≈ $250.59 Million |
RM0.00 | Malaysia | Mar 2026 |
| 2271 |
Transatlantic Mining Corp
V:TCO |
100.0% |
CA$241.09K
≈ $174.40K |
CA$0.00 | Canada | Jun 2025 |
| 2272 |
Recce Pharmaceuticals Ltd
AU:RCE |
100.0% |
AU$534.18K
≈ $377.97K |
AU$0.00 | Australia | Dec 2023 |
| 2273 |
KEFI Gold and Copper Plc
LSE:KEFI |
100.0% |
GBX40.99 Million
≈ $4.99K |
GBX0.00 | UK | Jun 2025 |
| 2274 |
Sidomulyo Selaras Tbk
JK:SDMU |
100.0% |
Rp18.77 Billion
≈ $1.10 Million |
Rp0.00 | Indonesia | Sep 2025 |
| 2275 |
Brederode
LSE:0QWB |
100.0% |
€3.25 Billion
≈ $3.79 Billion |
€0.00 | UK | Jun 2021 |
| 2276 |
Rainy Mountain Royalty Corp
V:RMO |
100.0% |
CA$1.33 Million
≈ $965.40K |
CA$0.00 | Canada | Oct 2025 |
| 2277 |
Grupo Cibest S.A.
NYSE:CIB |
100.0% | $37.62 Trillion | $0.00 | USA | Mar 2026 |
| 2278 |
Peel Mining Ltd
AU:PEX |
100.0% |
AU$107.42 Million
≈ $76.01 Million |
AU$0.00 | Australia | Jun 2025 |
| 2279 |
Pico (Thailand) Public Company Limited
BK:PICO |
100.0% |
฿413.13 Million
≈ $12.88 Million |
฿0.00 | Thailand | Jan 2026 |
| 2280 |
ALM EQUITY AB
F:I53 |
100.0% |
€2.35 Billion
≈ $2.75 Billion |
€0.00 | Germany | Dec 2025 |
| 2281 |
The Joint Corp
NASDAQ:JYNT |
100.0% | $15.88 Million | $0.00 | USA | Jun 2026 |
| 2282 |
ATW Technology Inc
TWO:8097 |
100.0% |
NT$1.19 Billion
≈ $37.59 Million |
NT$0.00 | Taiwan | Dec 2025 |
| 2283 |
Tango Therapeutics Inc
NASDAQ:TNGX |
100.0% | $1.02 Billion | $0.00 | USA | Jun 2026 |
| 2284 |
BlackRock Energy and Resources Closed Fund
NYSE:BGR |
100.0% | $361.08 Million | $0.00 | USA | Dec 2025 |
| 2285 |
Cez A.S.
PR:CEZ |
100.0% |
Kč243.61 Billion
≈ $11.68 Billion |
Kč0.00 | Czech Republic | Sep 2025 |
| 2286 |
Hypothekarbank Lenzburg AG
SW:HBLN |
100.0% |
CHF591.73 Million
≈ $748.10 Million |
CHF0.00 | Switzerland | Jun 2025 |
| 2287 |
Lake Resources N.L.
AU:LKE |
100.0% |
AU$148.82 Million
≈ $105.30 Million |
AU$0.00 | Australia | Dec 2025 |
| 2288 |
Tomypak Holdings Bhd
KLSE:7285 |
100.0% |
RM105.28 Million
≈ $26.43 Million |
RM0.00 | Malaysia | Mar 2026 |
| 2289 |
Logistics Development Group PLC
LSE:LDG |
100.0% |
GBX99.03 Million
≈ $12.05K |
GBX0.00 | UK | May 2024 |
| 2290 |
Sahakol Equipment Public Company Limited
BK:SQ |
100.0% |
฿1.64 Billion
≈ $50.99 Million |
฿0.00 | Thailand | Mar 2026 |
| 2291 |
Franbo Lines
TWO:2641 |
100.0% |
NT$8.82 Billion
≈ $277.85 Million |
NT$0.00 | Taiwan | Dec 2025 |
| 2292 |
Oramed Pharmaceuticals Inc
NASDAQ:ORMP |
100.0% | $238.28 Million | $0.00 | USA | Mar 2026 |
| 2293 |
Horizon Oil Ltd
AU:HZN |
100.0% |
AU$65.30 Million
≈ $46.20 Million |
AU$0.00 | Australia | Jun 2025 |
| 2294 |
HIVE Digital Technologies Ltd.
V:HIVE |
100.0% |
CA$559.27 Million
≈ $404.57 Million |
CA$0.00 | Canada | Dec 2025 |
| 2295 |
Invesco Pennsylvania Value Municipal Income Trust
NYSE:VPV |
100.0% | $197.67 Million | $0.00 | USA | Feb 2026 |
| 2296 |
Upgrade Invest Nordic AB
ST:UPGRAD |
100.0% |
Skr5.06 Million
≈ $544.97K |
Skr0.00 | Sweden | Mar 2026 |
| 2297 |
Taita Chemical Co Ltd
TW:1309 |
100.0% |
NT$5.75 Billion
≈ $181.28 Million |
NT$0.00 | Taiwan | Dec 2025 |
| 2298 |
Mishorim Real Estate Investments
TA:MSHR |
100.0% |
ILA665.13 Million
≈ $1.78 Million |
ILA0.00 | Israel | Mar 2026 |
| 2299 |
MGE Energy Inc
NASDAQ:MGEE |
100.0% | $1.33 Billion | $0.00 | USA | Jun 2026 |
| 2300 |
Aluar Aluminio Argentino
BA:ALUA |
100.0% |
AR$1.85 Trillion
≈ $1.34 Billion |
AR$0.00 | Argentina | Dec 2025 |