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 |
|---|---|---|---|---|---|---|
| 2401 |
Centrais Elétricas Brasileiras S.A. - Eletrobrás
F:L3XC |
100.0% |
€109.34 Billion
≈ $127.83 Billion |
€0.00 | Germany | Sep 2025 |
| 2402 |
PATERSON RESOURCES LTD
F:U40 |
100.0% |
€7.06 Million
≈ $8.26 Million |
€0.00 | Germany | Jun 2024 |
| 2403 |
DRDGOLD Limited
F:DUBA |
100.0% |
€7.68 Billion
≈ $8.98 Billion |
€0.00 | Germany | Dec 2024 |
| 2404 |
Cofix Group Ltd
TA:CFX |
100.0% |
ILA7.99 Million
≈ $21.42K |
ILA0.00 | Israel | Jun 2025 |
| 2405 |
Asana Inc
NYSE:ASAN |
100.0% | $136.98 Million | $0.00 | USA | Apr 2026 |
| 2406 |
Hume Industries Berhad
KLSE:5000 |
100.0% |
RM1.06 Billion
≈ $265.59 Million |
RM0.00 | Malaysia | Mar 2026 |
| 2407 |
Revelation Biosciences Inc
NASDAQ:REVB |
100.0% | $10.07 Million | $0.00 | USA | Jun 2026 |
| 2408 |
Mundoro Capital Inc
V:MUN |
100.0% |
CA$2.73 Million
≈ $1.97 Million |
CA$0.00 | Canada | Sep 2025 |
| 2409 |
Feng Ching Metal
TWO:2061 |
100.0% |
NT$598.93 Million
≈ $18.87 Million |
NT$0.00 | Taiwan | Sep 2025 |
| 2410 |
Bulletin Resources Ltd
AU:BNR |
100.0% |
AU$13.89 Million
≈ $9.83 Million |
AU$0.00 | Australia | Jun 2025 |
| 2411 |
Zacatecas Silver Corp
V:ZAC |
100.0% |
CA$39.87 Million
≈ $28.84 Million |
CA$0.00 | Canada | Sep 2025 |
| 2412 |
Red Mountain Mining Ltd
AU:RMX |
100.0% |
AU$4.47 Million
≈ $3.16 Million |
AU$0.00 | Australia | Dec 2025 |
| 2413 |
Zephyr Energy PLC
LSE:ZPHR |
100.0% |
GBX50.87 Million
≈ $6.19K |
GBX0.00 | UK | Jun 2025 |
| 2414 |
Radium Development Berhad
KLSE:5313 |
100.0% |
RM855.60 Million
≈ $214.81 Million |
RM0.00 | Malaysia | Mar 2026 |
| 2415 |
Adverum Biotechnologies Inc
NASDAQ:ADVM |
100.0% | $26.42 Million | $0.00 | USA | Mar 2025 |
| 2416 |
Mount Gibson Iron Limited
F:FWQ |
100.0% |
€546.17 Million
≈ $638.53 Million |
€0.00 | Germany | Jun 2024 |
| 2417 |
Arrow Exploration Corp
V:AXL |
100.0% |
CA$58.96 Million
≈ $42.65 Million |
CA$0.00 | Canada | Mar 2026 |
| 2418 |
Renascor Resources Ltd
AU:RNU |
100.0% |
AU$172.30 Million
≈ $121.91 Million |
AU$0.00 | Australia | Dec 2025 |
| 2419 |
Walkabout Resources Ltd
AU:WKT |
100.0% |
AU$39.92 Million
≈ $28.24 Million |
AU$0.00 | Australia | Jun 2024 |
| 2420 |
Trigold Holdings Ltd
TWO:3709 |
100.0% |
NT$4.15 Billion
≈ $130.79 Million |
NT$0.00 | Taiwan | Mar 2026 |
| 2421 |
La Finca Global Assets SOCIMI S.A.
MC:YLFG |
100.0% |
€115.59 Million
≈ $135.14 Million |
€0.00 | Spain | Dec 2025 |
| 2422 |
Scorpio Tankers Inc
NYSE:STNG |
100.0% | $3.41 Billion | $0.00 | USA | Mar 2026 |
| 2423 |
Premier Products Public Company Limited
BK:PPP |
100.0% |
฿857.30 Million
≈ $26.72 Million |
฿0.00 | Thailand | Mar 2026 |
| 2424 |
British and American Investment Trust PLC
LSE:BAF |
100.0% |
GBX2.31 Million
≈ $281.06 |
GBX0.00 | UK | Dec 2025 |
| 2425 |
Sino Horizon Holdings Ltd
TW:2923 |
100.0% |
NT$46.36 Billion
≈ $1.46 Billion |
NT$0.00 | Taiwan | Jun 2025 |
| 2426 |
Webstep ASA
OL:WSTEP |
100.0% |
Nkr331.31 Million
≈ $34.86 Million |
Nkr0.00 | Norway | Dec 2025 |
| 2427 |
GO METALS CORP.
F:47GA |
100.0% Annual |
€939.52K
≈ $1.10 Million |
€0.00 | Germany | Jul 2024 |
| 2428 |
Clover Corporation Ltd
AU:CLV |
100.0% |
AU$72.23 Million
≈ $51.11 Million |
AU$0.00 | Australia | Jul 2025 |
| 2429 |
Wonderful Hi-Tech Co Ltd
TWO:6190 |
100.0% |
NT$4.18 Billion
≈ $131.82 Million |
NT$0.00 | Taiwan | Mar 2026 |
| 2430 |
Power Minerals Ltd
AU:PNN |
100.0% |
AU$23.30 Million
≈ $16.49 Million |
AU$0.00 | Australia | Dec 2025 |
| 2431 |
Softimat S.A.
BR:SOFT |
100.0% |
€6.94 Million
≈ $8.11 Million |
€0.00 | Belgium | Dec 2025 |
| 2432 |
Xamble Group Ltd
AU:XGL |
100.0% |
AU$216.77K
≈ $153.38K |
AU$0.00 | Australia | Dec 2025 |
| 2433 |
Equity Lifestyle Properties Inc
NYSE:ELS |
100.0% | $1.82 Billion | $0.00 | USA | Mar 2026 |
| 2434 |
CDT Environmental Technology Investment Holdings Limited ordinary shares
NASDAQ:CDTG |
100.0% | $4.38 Million | $0.00 | USA | Mar 2026 |
| 2435 |
LANEBURY GROWTH CAP.
F:L01 |
100.0% |
€557.36K
≈ $651.61K |
€0.00 | Germany | Dec 2025 |
| 2436 |
APRANGA AB EO 029
F:WHX |
100.0% |
€69.74 Million
≈ $81.53 Million |
€0.00 | Germany | Mar 2026 |
| 2437 |
Kyungbangco.Ltd
KO:000050 |
100.0% |
₩784.15 Billion
≈ $531.40 Million |
₩0.00 | Korea | Sep 2025 |
| 2438 |
Boilermech Holdings Bhd
KLSE:0168 |
100.0% |
RM610.31 Million
≈ $153.23 Million |
RM0.00 | Malaysia | Mar 2026 |
| 2439 |
Reliance Industrial Infrastructure Limited
NSE:RIIL |
100.0% |
Rs4.74 Billion
≈ $51.25 Million |
Rs0.00 | India | Mar 2026 |
| 2440 |
Bintang Samudera Mandiri Lines Tbk PT
JK:BSML |
100.0% |
Rp130.95 Billion
≈ $7.67 Million |
Rp0.00 | Indonesia | Jun 2025 |
| 2441 |
Vsolar Group Bhd
KLSE:0066 |
100.0% |
RM98.17 Million
≈ $24.65 Million |
RM0.00 | Malaysia | Sep 2025 |
| 2442 |
Tourmaline Bio Inc.
NASDAQ:TRML |
100.0% | $259.19 Million | $0.00 | USA | Jun 2025 |
| 2443 |
WA1 Resources Ltd
AU:WA1 |
100.0% |
AU$219.32 Million
≈ $155.18 Million |
AU$0.00 | Australia | Dec 2025 |
| 2444 |
Welspun Investments and Commercials Limited
NSE:WELINV |
100.0% |
Rs7.32 Billion
≈ $79.16 Million |
Rs0.00 | India | Sep 2025 |
| 2445 |
Treasure ASA
OL:TRE |
100.0% |
Nkr785.92 Million
≈ $82.70 Million |
Nkr0.00 | Norway | Jun 2025 |
| 2446 |
Peak Minerals Ltd
AU:PUA |
100.0% |
AU$278.38K
≈ $196.97K |
AU$0.00 | Australia | Jun 2023 |
| 2447 |
Indian Terrain Fashions Limited
NSE:INDTERRAIN |
100.0% |
Rs1.84 Billion
≈ $19.89 Million |
Rs0.00 | India | Mar 2026 |
| 2448 |
TrueCar Inc
NASDAQ:TRUE |
100.0% | $114.18 Million | $0.00 | USA | Sep 2025 |
| 2449 |
SHL Consolidated Bhd
KLSE:6017 |
100.0% |
RM957.01 Million
≈ $240.27 Million |
RM0.00 | Malaysia | Sep 2025 |
| 2450 |
Seneca Growth Capital VCT PLC
LSE:HYG |
100.0% |
GBX13.94 Million
≈ $1.70K |
GBX0.00 | UK | Dec 2024 |
| 2451 |
Pritika Auto Industries Limited
NSE:PRITIKAUTO |
100.0% |
Rs2.69 Billion
≈ $29.10 Million |
Rs0.00 | India | Sep 2025 |
| 2452 |
ASIASOFT CORP.-NVDR-05
F:5ASA |
100.0% |
€1.38 Billion
≈ $1.61 Billion |
€0.00 | Germany | Mar 2026 |
| 2453 |
Quest For Growth - Pricaf
BR:QFG |
100.0% |
€138.20 Million
≈ $161.57 Million |
€0.00 | Belgium | Jun 2025 |
| 2454 |
Effector Therapeutics Inc
NASDAQ:EFTR |
100.0% | $827.00K | $0.00 | USA | Mar 2024 |
| 2455 |
Solartron Public Company Limited
F:TUUF |
100.0% |
€697.20 Million
≈ $815.10 Million |
€0.00 | Germany | Jun 2025 |
| 2456 |
Innate Pharma
PA:IPH |
100.0% |
€5.14 Million
≈ $6.01 Million |
€0.00 | France | Jun 2025 |
| 2457 |
HBR Realty Empreendimentos Imobiliários S.A
SA:HBRE3 |
100.0% |
R$2.64 Billion
≈ $517.42 Million |
R$0.00 | Brazil | Mar 2026 |
| 2458 |
M31 Technology Corp
TWO:6643 |
100.0% |
NT$1.80 Billion
≈ $56.85 Million |
NT$0.00 | Taiwan | Jun 2025 |
| 2459 |
Southern Steel Bhd
KLSE:5665 |
100.0% |
RM902.60 Million
≈ $226.61 Million |
RM0.00 | Malaysia | Dec 2025 |
| 2460 |
TPC CONSOLIDATED LTD.
F:T7P |
100.0% |
€29.49 Million
≈ $34.48 Million |
€0.00 | Germany | Jun 2025 |
| 2461 |
VIVANI MED.INC. NEW O.N.
F:U5P |
100.0% |
€15.73 Million
≈ $18.39 Million |
€0.00 | Germany | Dec 2025 |
| 2462 |
Erste Group Bank AG
VI:EBS |
100.0% |
€41.69 Billion
≈ $48.74 Billion |
€0.00 | Austria | Jun 2026 |
| 2463 |
Fanhua Inc
F:4CIA |
100.0% |
€2.63 Billion
≈ $3.08 Billion |
€0.00 | Germany | Dec 2024 |
| 2464 |
Djurslands Bank
CO:DJUR |
100.0% |
Dkr1.92 Billion
≈ $300.43 Million |
Dkr0.00 | Denmark | Dec 2025 |
| 2465 |
Golden Prospect Precious Metals Ltd
LSE:GPM |
100.0% |
GBX40.19 Million
≈ $4.89K |
GBX0.00 | UK | Dec 2024 |
| 2466 |
Kibo Energy PLC
JSE:KBO |
100.0% |
ZAC823.84K
≈ $437.83 |
ZAC0.00 | South Africa | Jun 2023 |
| 2467 |
BEML LAND ASSETS LTD
NSE:BLAL |
100.0% |
Rs11.10 Million
≈ $120.04K |
Rs0.00 | India | Mar 2025 |
| 2468 |
DANAOS CORP. DL -01
F:DVW1 |
100.0% |
€3.80 Billion
≈ $4.44 Billion |
€0.00 | Germany | Dec 2025 |
| 2469 |
Maronan Metals Ltd
AU:MMA |
100.0% |
AU$21.24 Million
≈ $15.03 Million |
AU$0.00 | Australia | Dec 2025 |
| 2470 |
Alisa Pankki Oyj
HE:ALISA |
100.0% |
€35.06 Million
≈ $40.99 Million |
€0.00 | Finland | Jun 2025 |
| 2471 |
SHINWON CONSTRUCTION COMPANY Ltd
KQ:017000 |
100.0% |
₩114.29 Billion
≈ $77.45 Million |
₩0.00 | Korea | Sep 2025 |
| 2472 |
SANDVIK AB SP.ADR
F:SVK |
100.0% |
€100.35 Billion
≈ $117.32 Billion |
€0.00 | Germany | Mar 2026 |
| 2473 |
Kirby Corporation
NYSE:KEX |
100.0% | $3.42 Billion | $0.00 | USA | Mar 2026 |
| 2474 |
Toro Ltd
NASDAQ:TORO |
100.0% | $319.57 Million | $0.00 | USA | Mar 2026 |
| 2475 |
Wentel Engineering Holdings Berhad
KLSE:0298 |
100.0% |
RM212.19 Million
≈ $53.27 Million |
RM0.00 | Malaysia | Mar 2026 |
| 2476 |
MCOT Public Company Limited
F:OLU |
100.0% |
€6.87 Billion
≈ $8.03 Billion |
€0.00 | Germany | Sep 2025 |
| 2477 |
Mobio Technologies Inc
V:MBO |
100.0% |
CA$2.10 Million
≈ $1.52 Million |
CA$0.00 | Canada | Jul 2020 |
| 2478 |
Keros Therapeutics Inc
NASDAQ:KROS |
100.0% | $703.58 Million | $0.00 | USA | Sep 2025 |
| 2479 |
Xplore Resources Corp
V:XPLR |
100.0% |
CA$1.42 Million
≈ $1.03 Million |
CA$0.00 | Canada | Dec 2025 |
| 2480 |
Vanadium Resources Ltd
AU:VR8 |
100.0% |
AU$29.95 Million
≈ $21.19 Million |
AU$0.00 | Australia | Dec 2025 |
| 2481 |
CAP-EX IRON ORE
F:X0V |
100.0% |
€3.16 Million
≈ $3.69 Million |
€0.00 | Germany | Nov 2025 |
| 2482 |
Talos Energy
NYSE:TALO |
100.0% | $2.03 Billion | $0.00 | USA | Jun 2026 |
| 2483 |
Focus Dynamics Group Bhd
KLSE:0116 |
100.0% |
RM120.41 Million
≈ $30.23 Million |
RM0.00 | Malaysia | Sep 2025 |
| 2484 |
P/F Atlantic Petroleum
CO:ATLA-DKK |
100.0% |
Dkr3.08 Million
≈ $482.04K |
Dkr0.00 | Denmark | Jun 2020 |
| 2485 |
Ritco Logistics Limited
NSE:RITCO |
100.0% |
Rs3.45 Billion
≈ $37.27 Million |
Rs0.00 | India | Sep 2025 |
| 2486 |
Freegold Ventures Limited
TO:FVL |
100.0% |
CA$165.64 Million
≈ $119.82 Million |
CA$0.00 | Canada | Mar 2026 |
| 2487 |
MRO-TEK Realty Limited
NSE:MRO-TEK |
100.0% |
Rs815.94 Million
≈ $8.82 Million |
Rs0.00 | India | Mar 2025 |
| 2488 |
Scpharmaceuticals Inc
NASDAQ:SCPH |
100.0% | $13.32 Million | $0.00 | USA | Dec 2024 |
| 2489 |
Desoto Resources Ltd
AU:DES |
100.0% |
AU$21.88 Million
≈ $15.48 Million |
AU$0.00 | Australia | Dec 2025 |
| 2490 |
Multifiling Mitra Indonesia
JK:MFMI |
100.0% |
Rp124.06 Billion
≈ $7.27 Million |
Rp0.00 | Indonesia | Dec 2025 |
| 2491 |
Westhaven Ventures Inc
V:WHN |
100.0% |
CA$44.62 Million
≈ $32.28 Million |
CA$0.00 | Canada | Mar 2026 |
| 2492 |
Astral Asia Bhd
KLSE:7054 |
100.0% |
RM234.54 Million
≈ $58.89 Million |
RM0.00 | Malaysia | Mar 2026 |
| 2493 |
Upsellon Brands Holdings Ltd
TA:CHR |
100.0% |
ILA11.74 Million
≈ $31.48K |
ILA0.00 | Israel | Jun 2018 |
| 2494 |
Akkhie Prakarn Public Company Limited
BK:AKP |
100.0% |
฿702.33 Million
≈ $21.89 Million |
฿0.00 | Thailand | Mar 2026 |
| 2495 |
Passage Bio Inc
NASDAQ:PASG |
100.0% | $11.75 Million | $0.00 | USA | Mar 2026 |
| 2496 |
Eurasia Fonciere Investissements Société Anonyme
PA:EFI |
100.0% |
€29.06 Million
≈ $33.98 Million |
€0.00 | France | Jun 2024 |
| 2497 |
Prozone Realty Limited
NSE:PROZONER |
100.0% |
Rs7.87 Billion
≈ $85.16 Million |
Rs0.00 | India | Sep 2025 |
| 2498 |
Ellies
JSE:ELI |
100.0% |
ZAC47.93 Million
≈ $25.47K |
ZAC0.00 | South Africa | Apr 2023 |
| 2499 |
Guna Timur Raya PT
JK:TRUK |
100.0% |
Rp43.75 Billion
≈ $2.56 Million |
Rp0.00 | Indonesia | Jun 2025 |
| 2500 |
Golden State Mining Ltd
AU:GSM |
100.0% |
AU$911.52K
≈ $644.96K |
AU$0.00 | Australia | Dec 2024 |