Companies by Tangible Net Worth Ratio

Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets

Average Tangible NW Ratio

87.2%
Across companies on this page

Companies with Data

31,240
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
24001 Nordea Bank Abp
HE:NDA-FI 		87.4% €32.42 Billion
≈ $37.90 Billion 		€4.09 Billion Finland Dec 2025
24002 Pick N Pay Stores Ltd
JSE:PIK 		87.4% ZAC10.57 Billion
≈ $5.62 Million 		ZAC1.33 Billion South Africa Aug 2025
24003 Pioneerindo Gourmet International
JK:PTSP 		87.4% Rp203.40 Billion
≈ $11.92 Million 		Rp25.66 Billion Indonesia Mar 2026
24004 Ildong Holdings Co Ltd
KO:000230 		87.4% ₩345.58 Billion
≈ $234.19 Million 		₩43.60 Billion Korea Dec 2025
24005 Imerys SA
PA:NK 		87.4% €3.11 Billion
≈ $3.64 Billion 		€392.40 Million France Jun 2025
24006 Amotech Co. Ltd
KQ:052710 		87.4% ₩155.40 Billion
≈ $105.31 Million 		₩19.62 Billion Korea Sep 2025
24007 Quadient SA
PA:QDT 		87.4% €966.00 Million
≈ $1.13 Billion 		€122.00 Million France Jan 2026
24008 Markel Corporation
NYSE:MKL 		87.4% $18.65 Billion $2.36 Billion USA Mar 2026
24009 Suzhou Xingye Material Tech
SHG:603928 		87.4% CN¥1.61 Billion
≈ $236.25 Million 		CN¥204.01 Million China Mar 2026
24010 O-I Glass Inc
NYSE:OI 		87.4% $1.43 Billion $181.00 Million USA Mar 2026
24011 ONWARD MEDICAL BV EO -12
F:63E 		87.4% €55.32 Million
≈ $64.67 Million 		€7.00 Million Germany Dec 2025
24012 Onward Medical N.V.
BR:ONWD 		87.4% €55.32 Million
≈ $64.67 Million 		€7.00 Million Belgium Dec 2025
24013 ARS Pharmaceuticals, Inc
NASDAQ:SPRY 		87.4% $114.26 Million $14.45 Million USA Dec 2025
24014 Anshan Hifichem Co Ltd
SHE:300758 		87.3% CN¥1.95 Billion
≈ $285.32 Million 		CN¥246.72 Million China Mar 2026
24015 SAMPO OYJ (SDR)/1
F:SMP 		87.3% €8.09 Billion
≈ $9.46 Billion 		€1.02 Billion Germany Dec 2025
24016 CTW Cayman Class A Ordinary Shares
NASDAQ:CTW 		87.3% $27.65 Million $3.50 Million USA Oct 2025
24017 Galp Energia SGPS S.A.
LS:GALP 		87.3% €5.10 Billion
≈ $5.97 Billion 		€646.00 Million Portugal Jun 2025
24018 Atalaya Mining Ltd
F:E5S1 		87.3% €591.81 Million
≈ $691.89 Million 		€74.92 Million Germany Dec 2025
24019 e-Credible Co. Ltd
KQ:092130 		87.3% ₩33.19 Billion
≈ $22.49 Million 		₩4.20 Billion Korea Mar 2026
24020 ProFrac Holding Corp.
NASDAQ:ACDC 		87.3% $953.90 Million $120.80 Million USA Sep 2025
24021 Bio-Gene Technology Ltd
AU:BGT 		87.3% AU$1.17 Million
≈ $825.57K 		AU$147.77K Australia Dec 2025
24022 ATCO Ltd.
TO:ACO-Y 		87.3% CA$8.86 Billion
≈ $6.41 Billion 		CA$1.12 Billion Canada Sep 2025
24023 Sasbadi Holdings Bhd
KLSE:5252 		87.3% RM162.99 Million
≈ $40.92 Million 		RM20.65 Million Malaysia Nov 2025
24024 Also Holding AG
SW:ALSN 		87.3% CHF1.26 Billion
≈ $1.60 Billion 		CHF160.08 Million Switzerland Dec 2025
24025 Patria Bank SA
RO:PBK 		87.3% RON484.90 Million
≈ $111.34 Million 		RON61.49 Million Romania Mar 2026
24026 Gale Pacific Ltd
AU:GAP 		87.3% AU$90.12 Million
≈ $63.77 Million 		AU$11.43 Million Australia Jun 2025
24027 Blender Financial Technologies Ltd
TA:BLND 		87.3% ILA54.62 Million
≈ $146.44K 		ILA6.93 Million Israel Dec 2025
24028 Compagnie des Alpes S.A.
PA:CDA 		87.3% €1.25 Billion
≈ $1.46 Billion 		€158.56 Million France Mar 2026
24029 Shenzhen Minglida Precision Technology Co. Ltd.
SHE:301268 		87.3% CN¥1.82 Billion
≈ $266.83 Million 		CN¥231.42 Million China Jun 2025
24030 engcon AB Cl B
ST:ENGCON-B 		87.3% Skr780.00 Million
≈ $83.94 Million 		Skr99.00 Million Sweden Mar 2026
24031 ABOV Semiconductor Co. Ltd
KQ:102120 		87.3% ₩158.94 Billion
≈ $107.71 Million 		₩20.19 Billion Korea Sep 2025
24032 AK Sigorta AS
IS:AKGRT 		87.3% TL7.18 Billion
≈ $160.85 Million 		TL912.51 Million Turkey Sep 2025
24033 Enersense International Oyj
HE:ESENSE 		87.3% €52.39 Million
≈ $61.25 Million 		€6.66 Million Finland Dec 2025
24034 Criteo S.A
F:CI5A 		87.3% €1.17 Billion
≈ $1.37 Billion 		€148.72 Million Germany Mar 2026
24035 Kodiak Gas Services, Inc.
NYSE:KGS 		87.3% $1.18 Billion $149.51 Million USA Mar 2026
24036 Raisio Oyj
HE:RAIKV 		87.3% €245.10 Million
≈ $286.55 Million 		€31.20 Million Finland Jun 2025
24037 Henan Hanwei Electronics Co
SHE:300007 		87.3% CN¥3.24 Billion
≈ $474.31 Million 		CN¥412.65 Million China Sep 2025
24038 Ouro Fino Saúde Animal Participações S.A
SA:OFSA3 		87.3% R$816.49 Million
≈ $160.21 Million 		R$103.95 Million Brazil Mar 2026
24039 Befesa SA
XETRA:BFSA 		87.3% €835.02 Million
≈ $976.22 Million 		€106.38 Million Germany Mar 2026
24040 Ark Restaurants Corp
NASDAQ:ARKR 		87.2% $33.09 Million $4.22 Million USA Dec 2025
24041 Patanjali Foods Limited
NSE:PATANJALI 		87.2% Rs121.12 Billion
≈ $1.31 Billion 		Rs15.45 Billion India Sep 2025
24042 Kyndryl Holdings Inc
NYSE:KD 		87.2% $1.31 Billion $167.00 Million USA Dec 2025
24043 Credicorp Ltd
NYSE:BAP 		87.2% $37.33 Billion $4.76 Billion USA Mar 2026
24044 Neuca S.A.
WAR:NEU 		87.2% zł1.27 Billion
≈ $349.35 Million 		zł162.01 Million Poland Dec 2025
24045 Quhuo Ltd
NASDAQ:QH 		87.2% $349.60 Million $44.63 Million USA Mar 2026
24046 Canadian Tire Corporation Limited
TO:CTC 		87.2% CA$6.81 Billion
≈ $4.93 Billion 		CA$870.00 Million Canada Dec 2025
24047 Atlas Engineered Products Ltd
V:AEP 		87.2% CA$49.16 Million
≈ $35.56 Million 		CA$6.28 Million Canada Sep 2025
24048 Nordic Paper Holding AB
ST:NPAPER 		87.2% Skr1.56 Billion
≈ $167.56 Million 		Skr199.00 Million Sweden Jun 2025
24049 Anhui Korrun Co Ltd
SHE:300577 		87.2% CN¥2.58 Billion
≈ $378.07 Million 		CN¥330.23 Million China Sep 2025
24050 Lupin Limited
NSE:LUPIN 		87.2% Rs197.28 Billion
≈ $2.13 Billion 		Rs25.22 Billion India Sep 2025
24051 CeoTronics AG
F:CEK 		87.2% €30.70 Million
≈ $35.90 Million 		€3.92 Million Germany Nov 2025
24052 Tianjin Ringpu Bio Tech
SHE:300119 		87.2% CN¥5.27 Billion
≈ $771.41 Million 		CN¥674.45 Million China Mar 2026
24053 Shanghai Orient-Chip Technology Co. Ltd. A
SHG:688061 		87.2% CN¥2.39 Billion
≈ $349.13 Million 		CN¥305.27 Million China Jun 2025
24054 Capital Power Corporation
TO:CPX 		87.2% CA$4.80 Billion
≈ $3.47 Billion 		CA$614.00 Million Canada Mar 2026
24055 Huafu Top Dyed Melange Yarn Co Ltd
SHE:002042 		87.2% CN¥6.19 Billion
≈ $906.41 Million 		CN¥792.72 Million China Mar 2026
24056 Criteo Sa
NASDAQ:CRTO 		87.2% $1.19 Billion $151.85 Million USA Dec 2025
24057 Answear.com S.A.
WAR:ANR 		87.2% zł233.07 Million
≈ $64.14 Million 		zł29.86 Million Poland Dec 2025
24058 Spacenet Enterprises India Limited
NSE:SPCENET 		87.2% Rs1.69 Billion
≈ $18.29 Million 		Rs216.64 Million India Sep 2025
24059 Zhongli Science and Technology Group Co Ltd
SHE:002309 		87.2% CN¥1.87 Billion
≈ $273.17 Million 		CN¥239.19 Million China Mar 2026
24060 Spearhead Integrated Marketing
SHE:300071 		87.2% CN¥100.12 Million
≈ $14.65 Million 		CN¥12.84 Million China Jun 2025
24061 nCino Inc
NASDAQ:NCNO 		87.2% $984.45 Million $126.22 Million USA Apr 2026
24062 HYDROGRAPH CLEAN POWER
F:M98 		87.2% €24.79 Million
≈ $28.98 Million 		€3.18 Million Germany Dec 2025
24063 INFOMARK Co. Ltd
KQ:175140 		87.2% ₩42.39 Billion
≈ $28.73 Million 		₩5.44 Billion Korea Mar 2026
24064 Brii Biosciences Limited
F:7SS 		87.2% €2.32 Billion
≈ $2.72 Billion 		€298.02 Million Germany Dec 2025
24065 Hangzhou Chang Chuan Technology Co Ltd
SHE:300604 		87.2% CN¥4.68 Billion
≈ $685.25 Million 		CN¥600.89 Million China Sep 2025
24066 Coca-Cola Consolidated Inc.
NASDAQ:COKE 		87.2% $1.64 Billion $210.08 Million USA Sep 2025
24067 WEBTOON Entertainment Inc. Common stock
NASDAQ:WBTN 		87.2% $1.23 Billion $157.80 Million USA Dec 2025
24068 PC1 Group JSC
VN:PC1 		87.2% ₫8.89 Trillion
≈ $337.71 Million 		₫1.14 Trillion Vietnam Dec 2025
24069 MD Pictures Tbk PT
JK:FILM 		87.1% Rp3.19 Trillion
≈ $187.10 Million 		Rp410.33 Billion Indonesia Mar 2026
24070 Guizhou Sanli Pharmaceutical Co Ltd
SHG:603439 		87.1% CN¥1.55 Billion
≈ $226.54 Million 		CN¥198.95 Million China Sep 2025
24071 Ecopetrol SA ADR
NYSE:EC 		87.1% $109.13 Trillion $14.03 Trillion USA Dec 2025
24072 Raia Drogasil S.A
SA:RADL3 		87.1% R$7.34 Billion
≈ $1.44 Billion 		R$943.77 Million Brazil Mar 2026
24073 Argeo AS
OL:ARGEO 		87.1% Nkr42.04 Million
≈ $4.42 Million 		Nkr5.41 Million Norway Mar 2025
24074 CASI Pharmaceuticals Inc
NASDAQ:CASI 		87.1% $1.85 Million $238.00K USA Dec 2024
24075 APT Medical Inc
SHG:688617 		87.1% CN¥3.01 Billion
≈ $440.03 Million 		CN¥386.83 Million China Mar 2026
24076 Chengdu CORPRO Technology Co Ltd
SHE:300101 		87.1% CN¥1.92 Billion
≈ $280.41 Million 		CN¥246.52 Million China Mar 2026
24077 Intercorp Financial Services Inc
NYSE:IFS 		87.1% $12.02 Billion $1.55 Billion USA Mar 2026
24078 Guangdong Xinhui Meida Nylon Co Ltd
SHE:000782 		87.1% CN¥1.62 Billion
≈ $236.60 Million 		CN¥208.15 Million China Mar 2026
24079 WHA Utilities and Power Public Company Limited
BK:WHAUP 		87.1% ฿13.81 Billion
≈ $430.45 Million 		฿1.78 Billion Thailand Mar 2026
24080 Detection Technology OY
HE:DETEC 		87.1% €78.42 Million
≈ $91.68 Million 		€10.10 Million Finland Dec 2025
24081 Guizhou Gas Group Corporation Ltd Class A
SHG:600903 		87.1% CN¥4.22 Billion
≈ $617.89 Million 		CN¥543.86 Million China Mar 2026
24082 Medacta Group SA
SW:MOVE 		87.1% CHF424.61 Million
≈ $536.82 Million 		CHF54.70 Million Switzerland Jun 2025
24083 Madison Square Garden Sports Corp
NYSE:MSGS 		87.1% $2.60 Billion $334.91 Million USA Mar 2020
24084 NetDragon Websoft Holdings Limited
F:3ND 		87.1% €5.59 Billion
≈ $6.53 Billion 		€720.00 Million Germany Jun 2025
24085 Hangzhou Youngsun Intelligent
SHG:603901 		87.1% CN¥3.11 Billion
≈ $454.42 Million 		CN¥400.34 Million China Mar 2026
24086 China Suntien Green Energy Corp Ltd
SHG:600956 		87.1% CN¥28.44 Billion
≈ $4.16 Billion 		CN¥3.67 Billion China Sep 2025
24087 Beyond Air Inc
NASDAQ:XAIR 		87.1% $8.29 Million $1.07 Million USA Dec 2025
24088 ODFJELL TECHNOLOGYLTD
F:ND4 		87.1% €1.27 Billion
≈ $1.48 Billion 		€163.30 Million Germany Dec 2025
24089 RHÖN-KLINIKUM Aktiengesellschaft
XETRA:RHK 		87.1% €1.34 Billion
≈ $1.57 Billion 		€173.03 Million Germany Sep 2025
24090 Vertu Motors Plc
LSE:VTU 		87.1% GBX363.97 Million
≈ $44.28K 		GBX46.99 Million UK Aug 2025
24091 KANSAI PAINT SPON.ADR/1/2
F:KAP0 		87.1% €347.00 Billion
≈ $405.67 Billion 		€44.81 Billion Germany Sep 2025
24092 MA Financial Group Ltd
AU:MAF 		87.1% AU$407.56 Million
≈ $288.38 Million 		AU$52.65 Million Australia Jun 2025
24093 IG Group Holdings PLC
LSE:IGG 		87.1% GBX1.84 Billion
≈ $224.17K 		GBX238.00 Million UK May 2025
24094 Zhongtong Bus Holding Co Ltd
SHE:000957 		87.1% CN¥3.23 Billion
≈ $472.32 Million 		CN¥417.05 Million China Mar 2026
24095 Tata Steel Limited
NSE:TATASTEEL 		87.1% Rs1.04 Trillion
≈ $11.22 Billion 		Rs134.10 Billion India Mar 2026
24096 GFT Technologies SE
XETRA:GFT 		87.1% €277.45 Million
≈ $324.36 Million 		€35.86 Million Germany Mar 2026
24097 General Oceans ASA
OL:GENO 		87.1% Nkr1.17 Billion
≈ $122.61 Million 		Nkr150.69 Million Norway Mar 2026
24098 Guizhou Broadcasting&TV Info
SHG:600996 		87.1% CN¥2.94 Billion
≈ $430.60 Million 		CN¥380.82 Million China Sep 2025
24099 Hainan Development Holdings Nanhai Co Ltd
SHE:002163 		87.1% CN¥918.51 Million
≈ $134.41 Million 		CN¥118.92 Million China Mar 2026
24100 STIF Société anonyme
PA:ALSTI 		87.1% €26.64 Million
≈ $31.14 Million 		€3.45 Million France Jun 2025