Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

76.9%
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
26201 Markforged Holding Corp
NYSE:MKFG
77.2% $86.50 Million $19.72 Million USA Dec 2024
26202 China Spacesat Co Ltd
SHG:600118
77.2% CN¥8.04 Billion
≈ $1.18 Billion
CN¥1.83 Billion China Mar 2026
26203 Penske Automotive Group Inc
NYSE:PAG
77.2% $5.68 Billion $1.30 Billion USA Mar 2026
26204 Fosun International Limited
F:FNI
77.2% €168.30 Billion
≈ $196.76 Billion
€38.39 Billion Germany Dec 2025
26205 TBS Energi Utama Tbk PT
JK:TOBA
77.2% Rp204.68 Million
≈ $11.99K
Rp46.71 Million Indonesia Mar 2026
26206 Ebos Group Ltd
AU:EBO
77.2% AU$3.14 Billion
≈ $2.22 Billion
AU$715.57 Million Australia Dec 2025
26207 Coal Energy S.A.
WAR:CLE
77.2% zł346.00K
≈ $95.22K
zł79.00K Poland Sep 2022
26208 InfoBeans Technologies Limited
NSE:INFOBEAN
77.2% Rs3.68 Billion
≈ $39.80 Million
Rs840.50 Million India Sep 2025
26209 Hanma Technology Group Co Ltd
SHG:600375
77.2% CN¥3.32 Billion
≈ $486.25 Million
CN¥758.94 Million China Sep 2025
26210 C&C Group PLC
F:GCC
77.2% €560.70 Million
≈ $655.52 Million
€128.10 Million Germany Feb 2025
26211 Direct Line Insurance Group plc
LSE:DLG
77.1% GBX2.48 Billion
≈ $302.28K
GBX567.80 Million UK Dec 2024
26212 Unisplendour Corp Ltd
SHE:000938
77.1% CN¥17.22 Billion
≈ $2.52 Billion
CN¥3.94 Billion China Sep 2025
26213 Kangda International Environmental Company Limited
STU:27K
77.1% €6.32 Billion
≈ $7.38 Billion
€1.44 Billion Germany Dec 2025
26214 Vacasa Inc
NASDAQ:VCSA
77.1% $67.15 Million $15.36 Million USA Mar 2025
26215 Tyler Technologies Inc
NYSE:TYL
77.1% $3.56 Billion $814.58 Million USA Mar 2026
26216 Shanghai Lisheng Racing Co Ltd
SHE:002858
77.1% CN¥741.63 Million
≈ $108.52 Million
CN¥169.93 Million China Mar 2026
26217 EP Manufacturing Bhd
KLSE:7773
77.1% RM368.37 Million
≈ $92.49 Million
RM84.44 Million Malaysia Dec 2025
26218 Jiangsu Nanfang Medical
SHG:603880
77.1% CN¥176.20 Million
≈ $25.78 Million
CN¥40.39 Million China Mar 2026
26219 Aris Water Solutions Inc
NYSE:ARIS
77.1% $787.66 Million $180.71 Million USA Jun 2025
26220 Macrogen Inc
KQ:038290
77.1% ₩168.36 Billion
≈ $114.09 Million
₩38.63 Billion Korea Sep 2025
26221 Ordissimo
PA:ALORD
77.1% €4.25 Million
≈ $4.97 Million
€974.64K France Jun 2025
26222 Shanghai Zhenhua Heavy Industries Co Ltd A
SHG:600320
77.0% CN¥19.07 Billion
≈ $2.79 Billion
CN¥4.38 Billion China Mar 2026
26223 Seco/Warwick SA
WAR:SWG
77.0% zł225.28 Million
≈ $62.00 Million
zł51.73 Million Poland Sep 2025
26224 U.S. Physical Therapy, Inc.
NYSE:USPH
77.0% $782.87 Million $179.82 Million USA Mar 2026
26225 Intact Financial Corporation
TO:IFC
77.0% CA$21.27 Billion
≈ $15.39 Billion
CA$4.89 Billion Canada Mar 2026
26226 Med Life SA
RO:M
77.0% RON502.03 Million
≈ $115.27 Million
RON115.38 Million Romania Sep 2025
26227 PAN Group JSC
VN:PAN
77.0% ₫9.08 Trillion
≈ $345.15 Million
₫2.09 Trillion Vietnam Dec 2025
26228 Humm Group Ltd
AU:HUM
77.0% AU$537.50 Million
≈ $380.32 Million
AU$123.60 Million Australia Dec 2025
26229 Aisino Corp
SHG:600271
77.0% CN¥15.70 Billion
≈ $2.30 Billion
CN¥3.61 Billion China Mar 2026
26230 Xian International Medical Investment Co Ltd
SHE:000516
77.0% CN¥2.93 Billion
≈ $429.28 Million
CN¥674.78 Million China Mar 2026
26231 MyHealthChecked Plc
LSE:MHC
77.0% GBX5.63 Million
≈ $685.49
GBX1.30 Million UK Jun 2025
26232 Hewlett Packard Enterprise Co
NYSE:HPE
77.0% $25.29 Billion $5.82 Billion USA Apr 2026
26233 Inspecs Group plc
LSE:SPEC
77.0% GBX89.10 Million
≈ $10.84K
GBX20.50 Million UK Jun 2025
26234 Ab Dynamics
LSE:ABDP
77.0% GBX139.90 Million
≈ $17.02K
GBX32.20 Million UK Aug 2025
26235 E-Lead Electronic Co Ltd
TW:2497
77.0% NT$3.10 Billion
≈ $97.52 Million
NT$713.04 Million Taiwan Mar 2026
26236 Meier Tobler Group AG
SW:MTG
76.9% CHF161.45 Million
≈ $204.12 Million
CHF37.22 Million Switzerland Dec 2025
26237 Karex Berhad
KLSE:5247
76.9% RM465.61 Million
≈ $116.90 Million
RM107.35 Million Malaysia Sep 2025
26238 Kontron AG
VI:KTN
76.9% €746.28 Million
≈ $872.48 Million
€172.15 Million Austria Mar 2026
26239 Shilpa Medicare Limited
NSE:SHILPAMED
76.9% Rs24.39 Billion
≈ $263.72 Million
Rs5.63 Billion India Sep 2025
26240 Skshu Paint Co Ltd
SHG:603737
76.9% CN¥3.33 Billion
≈ $487.94 Million
CN¥769.33 Million China Mar 2026
26241 ALTEOGEN Inc
KQ:196170
76.9% ₩512.86 Billion
≈ $347.56 Million
₩118.34 Billion Korea Mar 2026
26242 Swissquote Group Holding SA
SW:SQN
76.9% CHF1.40 Billion
≈ $1.77 Billion
CHF323.64 Million Switzerland Dec 2025
26243 Grupa Azoty S.A.
WAR:ATT
76.9% zł4.25 Billion
≈ $1.17 Billion
zł980.24 Million Poland Sep 2025
26244 Grupo Posadas S.A.B. de C.V
MX:POSADASA
76.9% MX$5.14 Billion
≈ $295.63 Million
MX$1.19 Billion Mexico Dec 2025
26245 Mattel Inc
NASDAQ:MAT
76.9% $2.11 Billion $486.27 Million USA Mar 2026
26246 Zhejiang Founder Motor Co Ltd
SHE:002196
76.9% CN¥1.42 Billion
≈ $207.37 Million
CN¥327.26 Million China Sep 2025
26247 Alexium International Group Limited
F:E7T
76.9% €3.30 Million
≈ $3.86 Million
€762.60K Germany Jun 2024
26248 ADAMA Ltd
SHE:000553
76.9% CN¥17.92 Billion
≈ $2.62 Billion
CN¥4.14 Billion China Mar 2026
26249 ADAMA Ltd B
SHE:200553
76.9% HK$17.92 Billion
≈ $2.29 Billion
HK$4.14 Billion China Mar 2026
26250 Fox Marble Holdings PLC
LSE:FOX
76.9% GBX11.04 Million
≈ $1.34K
GBX2.55 Million UK Jun 2024
26251 Dno ASA
OL:DNO
76.8% Nkr1.33 Billion
≈ $139.67 Million
Nkr307.30 Million Norway Mar 2026
26252 Netcompany Group A/S
CO:NETC
76.8% Dkr3.49 Billion
≈ $545.79 Million
Dkr807.90 Million Denmark Dec 2025
26253 DB ENERGY S.A. ZY -10
F:0CJ
76.8% €27.11 Million
≈ $31.69 Million
€6.28 Million Germany Dec 2025
26254 Klotho Neurosciences, Inc.
NASDAQ:KLTO
76.8% $9.93 Million $2.30 Million USA Sep 2025
26255 Econergy Renewable Energy Ltd
TA:ECNR
76.8% ILA439.37 Million
≈ $1.18 Million
ILA101.78 Million Israel Dec 2025
26256 Fenix Outdoor International AG
ST:FOI-B
76.8% Skr390.80 Million
≈ $42.06 Million
Skr90.59 Million Sweden Mar 2026
26257 Ashtead Technology Holdings PLC
LSE:AT
76.8% GBX137.86 Million
≈ $16.77K
GBX31.96 Million UK Jun 2025
26258 Nanjing CEC Environmental Protect
SHE:300172
76.8% CN¥2.00 Billion
≈ $293.05 Million
CN¥464.50 Million China Mar 2026
26259 Adecco Group AG
F:ADIA
76.8% €3.40 Billion
≈ $3.97 Billion
€788.00 Million Germany Dec 2025
26260 HMS Networks AB (publ)
ST:HMS
76.8% Skr3.72 Billion
≈ $400.12 Million
Skr863.00 Million Sweden Mar 2026
26261 Imexhs Ltd
AU:IME
76.8% AU$14.45 Million
≈ $10.22 Million
AU$3.35 Million Australia Jun 2025
26262 NIBEC Co. Ltd
KQ:138610
76.8% ₩47.02 Billion
≈ $31.86 Million
₩10.92 Billion Korea Mar 2026
26263 BloomZ Inc. Ordinary Shares
NASDAQ:BLMZ
76.8% $415.44 Million $96.50 Million USA Jun 2025
26264 Harrison Global Holdings Inc.
NASDAQ:BLMZF
76.8% $415.44 Million $96.50 Million USA Jun 2025
26265 Able C&C
KO:078520
76.8% ₩88.21 Billion
≈ $59.78 Million
₩20.49 Billion Korea Sep 2025
26266 Ease2pay NV
AS:EAS2P
76.8% €6.81 Million
≈ $7.96 Million
€1.58 Million Netherlands Dec 2025
26267 Nippon Sanso Holdings Corp.
NYSE:NPXYY
76.8% $1.12 Trillion $259.14 Billion USA Sep 2025
26268 Linzhou Heavy Machinery Group Co Ltd
SHE:002535
76.8% CN¥604.37 Million
≈ $88.44 Million
CN¥140.42 Million China Mar 2026
26269 Innovation Beverage Group Limited
NASDAQ:IBG
76.8% $2.68 Million $621.75K USA Jun 2025
26270 Distribuidora Internacional de Alimentación S.A
MC:DIA
76.8% €125.43 Million
≈ $146.64 Million
€29.16 Million Spain Dec 2025
26271 Shyft Group Inc
NASDAQ:SHYF
76.7% $247.33 Million $57.51 Million USA Mar 2025
26272 Snowflake Inc.
NYSE:SNOW
76.7% $1.94 Billion $451.36 Million USA Apr 2026
26273 Penyao Environmental Protection Co Ltd Class A
SHE:300664
76.7% CN¥4.54 Billion
≈ $664.23 Million
CN¥1.06 Billion China Sep 2025
26274 Qingdao Choho Industrial Co Ltd
SHE:003033
76.7% CN¥1.37 Billion
≈ $201.07 Million
CN¥319.75 Million China Sep 2025
26275 GZ Port
SHG:601228
76.7% CN¥25.50 Billion
≈ $3.73 Billion
CN¥5.93 Billion China Mar 2026
26276 Gfl Environmental Holdings Inc
TO:GFL
76.7% CA$7.46 Billion
≈ $5.40 Billion
CA$1.74 Billion Canada Mar 2026
26277 Articore Group Ltd
AU:ATG
76.7% AU$45.85 Million
≈ $32.44 Million
AU$10.68 Million Australia Jun 2025
26278 Narayana Hrudayalaya Ltd.
NSE:NH
76.7% Rs45.40 Billion
≈ $490.93 Million
Rs10.58 Billion India Mar 2026
26279 Investor Centre Ltd
AU:ICU
76.7% AU$2.47 Million
≈ $1.74 Million
AU$574.74K Australia Jun 2020
26280 CLOUDR GROUP LTD.
F:H3L
76.7% €820.52 Million
≈ $959.28 Million
€191.44 Million Germany Jun 2025
26281 ICH Co Ltd
KQ:368600
76.7% ₩36.34 Billion
≈ $24.62 Million
₩8.48 Billion Korea Sep 2025
26282 UltraTech Cement Limited
NSE:ULTRACEMCO
76.7% Rs759.67 Billion
≈ $8.22 Billion
Rs177.30 Billion India Sep 2025
26283 Brisbane Broncos Ltd
AU:BBL
76.7% AU$53.60 Million
≈ $37.92 Million
AU$12.51 Million Australia Dec 2025
26284 Beijing VRV Software Corp Ltd
SHE:300352
76.6% CN¥997.86 Million
≈ $146.02 Million
CN¥233.09 Million China Mar 2026
26285 GB Group plc
LSE:GBG
76.6% GBX611.37 Million
≈ $74.39K
GBX142.85 Million UK Mar 2025
26286 Michelmersh Brick Holdings Plc
LSE:MBH
76.6% GBX93.69 Million
≈ $11.40K
GBX21.91 Million UK Jun 2025
26287 Interpark Co. Ltd
KQ:035080
76.6% ₩747.80 Billion
≈ $506.77 Million
₩174.88 Billion Korea Sep 2025
26288 SaltX Technology Holding AB
ST:SALT-B
76.6% Skr206.32 Million
≈ $22.20 Million
Skr48.26 Million Sweden Mar 2026
26289 Arc Minerals Limited
LSE:ARCM
76.6% GBX9.93 Million
≈ $1.21K
GBX2.32 Million UK Jun 2025
26290 Sonata Software Limited
NSE:SONATSOFTW
76.6% Rs17.72 Billion
≈ $191.66 Million
Rs4.15 Billion India Sep 2025
26291 ASM International NV
AS:ASM
76.6% €3.84 Billion
≈ $4.49 Billion
€898.00 Million Netherlands Sep 2025
26292 Guangdong Modern High Tech Fiber Co
SHE:300876
76.6% CN¥914.96 Million
≈ $133.89 Million
CN¥214.12 Million China Sep 2025
26293 Wp Energy Public Company Limited
BK:WP
76.6% ฿1.29 Billion
≈ $40.27 Million
฿302.43 Million Thailand Dec 2025
26294 Rapala VMC Oyj
HE:RAP1V
76.6% €149.50 Million
≈ $174.78 Million
€35.00 Million Finland Jun 2025
26295 Kmc Properties ASA
OL:KMCP
76.6% Nkr6.06 Billion
≈ $638.02 Million
Nkr1.42 Billion Norway Dec 2025
26296 Acciona
MC:ANA
76.6% €6.29 Billion
≈ $7.35 Billion
€1.47 Billion Spain Dec 2025
26297 Structural Monitoring Systems Plc
AU:SMN
76.6% AU$23.54 Million
≈ $16.65 Million
AU$5.51 Million Australia Jun 2025
26298 Voyager Technologies, Inc.
NYSE:VOYG
76.6% $404.47 Million $94.75 Million USA Mar 2026
26299 Arcoma AB
ST:ARCOMA
76.6% Skr73.39 Million
≈ $7.90 Million
Skr17.19 Million Sweden Sep 2025
26300 Ryman Hospitality Properties Inc
NYSE:RHP
76.6% $1.20 Billion $282.15 Million USA Mar 2026