Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

55.5%
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
28101 Heart Test Laboratories Inc. Common Stock
NASDAQ:HSCS 		56.3% $4.18 Million $1.83 Million USA Oct 2025
28102 NCL International Logistics Public Company Limited
BK:NCL 		56.3% ฿31.74 Million
≈ $989.27K 		฿13.87 Million Thailand Dec 2025
28103 Fox Factory Holding Corp
NASDAQ:FOXF 		56.3% $955.82 Million $417.83 Million USA Sep 2025
28104 Tenable Holdings Inc
NASDAQ:TENB 		56.3% $248.22 Million $108.51 Million USA Mar 2026
28105 Netlinkz Ltd
AU:NET 		56.3% AU$3.44 Million
≈ $2.43 Million 		AU$1.50 Million Australia Dec 2023
28106 DXN Ltd
AU:DXN 		56.3% AU$2.05 Million
≈ $1.45 Million 		AU$896.69K Australia Dec 2025
28107 BlackRock Inc
NYSE:BLK 		56.3% $63.32 Billion $27.69 Billion USA Mar 2026
28108 TWFG, Inc. Class A Common Stock
NASDAQ:TWFG 		56.3% $295.75 Million $129.39 Million USA Sep 2025
28109 Vietnam Container Shipping JSC
VN:VSC 		56.2% ₫5.07 Trillion
≈ $192.63 Million 		₫2.22 Trillion Vietnam Jun 2025
28110 AKA Brands Holding Corp
NYSE:AKA 		56.2% $94.42 Million $41.32 Million USA Mar 2026
28111 Box Inc
NYSE:BOX 		56.2% $209.16 Million $91.62 Million USA Oct 2025
28112 Dongjiang Environmental Co Ltd
SHE:002672 		56.2% CN¥2.82 Billion
≈ $412.94 Million 		CN¥1.24 Billion China Dec 2025
28113 Teva Pharmaceutical Industries Limited
F:TEV 		56.2% €8.23 Billion
≈ $9.62 Billion 		€3.61 Billion Germany Mar 2026
28114 Teva Pharmaceutical Industries Ltd
TA:TEVA 		56.2% ILA8.31 Billion
≈ $22.28 Million 		ILA3.64 Billion Israel Mar 2026
28115 CLEARWAY ENERGY A NDL-01
F:NY4B 		56.1% €5.57 Billion
≈ $6.51 Billion 		€2.44 Billion Germany Mar 2026
28116 Janus Henderson Group PLC
NYSE:JHG 		56.0% $5.72 Billion $2.52 Billion USA Mar 2026
28117 Cyfrowy Polsat SA
WAR:CPS 		56.0% zł17.28 Billion
≈ $4.76 Billion 		zł7.60 Billion Poland Sep 2025
28118 Shengda Mining Co Ltd
SHE:000603 		56.0% CN¥3.78 Billion
≈ $552.45 Million 		CN¥1.66 Billion China Sep 2025
28119 Williams Companies Inc
NYSE:WMB 		56.0% $15.16 Billion $6.67 Billion USA Mar 2026
28120 Jinxin Technology Holding Company American Depositary Shares
NASDAQ:NAMI 		56.0% $152.16 Million $66.99 Million USA Sep 2025
28121 Konsortium AG
MU:KUB1 		56.0% €5.80 Million
≈ $6.78 Million 		€2.55 Million Germany Mar 2018
28122 Emerson Electric Company
NYSE:EMR 		55.9% $20.32 Billion $8.95 Billion USA Mar 2026
28123 Huaxin Cement Co Ltd A
SHG:600801 		55.9% CN¥37.99 Billion
≈ $5.56 Billion 		CN¥16.75 Billion China Mar 2026
28124 MOBVISTA INC. DL-01
F:6MO 		55.9% €296.45 Million
≈ $346.58 Million 		€130.83 Million Germany Dec 2025
28125 De.Mem Ltd
AU:DEM 		55.9% AU$11.91 Million
≈ $8.43 Million 		AU$5.26 Million Australia Jun 2025
28126 Kaltura Inc
NASDAQ:KLTR 		55.9% $4.64 Million $2.05 Million USA Mar 2026
28127 Amos Luzon Development and Energy Group Ltd
TA:LUZN 		55.8% ILA1.12 Billion
≈ $2.99 Million 		ILA492.68 Million Israel Mar 2026
28128 Wirtek A/S
CO:WIRTEK 		55.8% Dkr13.89 Million
≈ $2.17 Million 		Dkr6.13 Million Denmark Mar 2026
28129 Aerometrex Ltd
AU:AMX 		55.8% AU$16.18 Million
≈ $11.45 Million 		AU$7.14 Million Australia Dec 2025
28130 Chill Brands Group PLC
LSE:CHLL 		55.8% GBX2.57 Million
≈ $312.80 		GBX1.14 Million UK Mar 2024
28131 Streamplay Studio Ltd
AU:SP8 		55.8% AU$14.15 Million
≈ $10.01 Million 		AU$6.25 Million Australia Jun 2025
28132 International Business Machines
NYSE:IBM 		55.8% $33.05 Billion $14.62 Billion USA Mar 2026
28133 DTI Group Ltd
AU:DTI 		55.7% AU$4.66 Million
≈ $3.30 Million 		AU$2.06 Million Australia Dec 2025
28134 Nexa Resources SA
NYSE:NEXA 		55.7% $1.29 Billion $571.72 Million USA Dec 2025
28135 QORIA Ltd
AU:QOR 		55.6% AU$158.06 Million
≈ $111.84 Million 		AU$70.12 Million Australia Jun 2025
28136 Resverlogix Corp.
TO:RVX 		55.6% CA$2.74 Million
≈ $1.98 Million 		CA$1.22 Million Canada Mar 2012
28137 Asure Software Inc
NASDAQ:ASUR 		55.6% $200.12 Million $88.79 Million USA Mar 2026
28138 GEN Restaurant Group, Inc. Class A Common Stock
NASDAQ:GENK 		55.6% $21.41 Million $9.50 Million USA Mar 2026
28139 Arko Corp
NASDAQ:ARKOW 		55.6% $373.13 Million $165.58 Million USA Sep 2025
28140 Fortress Biotech Inc
NASDAQ:FBIO 		55.6% $62.18 Million $27.61 Million USA Dec 2025
28141 Fluidra
MC:FDR 		55.6% €1.67 Billion
≈ $1.95 Billion 		€741.00 Million Spain Mar 2026
28142 BEST Inc
NYSE:BEST 		55.6% $199.31 Million $88.54 Million USA Sep 2023
28143 Turkcell Iletisim Hizmetleri A.S
F:TUL1 		55.6% €243.03 Billion
≈ $284.13 Billion 		€108.00 Billion Germany Sep 2025
28144 Turkcell Iletisim Hizmetleri AS ORD
IS:TCELL 		55.6% TL243.03 Billion
≈ $5.44 Billion 		TL108.00 Billion Turkey Sep 2025
28145 Turkcell Iletisim Hizmetleri AS
NYSE:TKC 		55.6% $243.03 Billion $108.00 Billion USA Sep 2025
28146 Asia Cuanon Tech (Shanghai)
SHG:603378 		55.5% CN¥1.00 Billion
≈ $146.83 Million 		CN¥446.07 Million China Sep 2025
28147 Green Cross
KO:005250 		55.5% ₩1.89 Trillion
≈ $1.28 Billion 		₩838.86 Billion Korea Sep 2025
28148 FNC Entertainment Co Ltd
KQ:173940 		55.5% ₩22.29 Billion
≈ $15.11 Million 		₩9.92 Billion Korea Mar 2026
28149 Aditya Birla Fashion and Retail Limited
NSE:ABFRL 		55.5% Rs62.63 Billion
≈ $677.31 Million 		Rs27.87 Billion India Mar 2026
28150 CDW Corp
NASDAQ:CDW 		55.5% $2.56 Billion $1.14 Billion USA Mar 2026
28151 Hilton Food Group Plc
LSE:HFG 		55.5% GBX319.90 Million
≈ $38.92K 		GBX142.40 Million UK Jun 2025
28152 Sonic Automotive Inc
NYSE:SAH 		55.5% $981.30 Million $436.90 Million USA Mar 2026
28153 Astrana Health Inc
NASDAQ:ASTH 		55.5% $577.46 Million $257.12 Million USA Mar 2026
28154 MNC Studios International Tbk PT
JK:MSIN 		55.5% Rp7.00 Trillion
≈ $410.33 Million 		Rp3.12 Trillion Indonesia Mar 2026
28155 Sobr Safe Inc
NASDAQ:SOBR 		55.5% $2.64 Million $1.18 Million USA Mar 2026
28156 Net Digital AG
XETRA:VRL 		55.4% €2.47 Million
≈ $2.88 Million 		€1.10 Million Germany Jun 2025
28157 Future PLC
LSE:FUTR 		55.4% GBX1.09 Billion
≈ $133.10K 		GBX487.40 Million UK Mar 2025
28158 Novonesis (Novozymes) A/S
CO:NSIS-B 		55.4% Dkr10.92 Billion
≈ $1.71 Billion 		Dkr4.87 Billion Denmark Mar 2026
28159 NOVOZYMES A/S SPONS.ADR 1
F:NZM 		55.4% €10.92 Billion
≈ $12.77 Billion 		€4.87 Billion Germany Mar 2026
28160 Solventum Corp.
NYSE:SOLV 		55.4% $4.99 Billion $2.22 Billion USA Sep 2025
28161 Malakoff Corporation Bhd
KLSE:5264 		55.4% RM4.70 Billion
≈ $1.18 Billion 		RM2.10 Billion Malaysia Sep 2025
28162 KBR Inc
NYSE:KBR 		55.4% $1.59 Billion $709.00 Million USA Mar 2026
28163 Gohigh Data Networks Technology Co Ltd
SHE:000851 		55.3% CN¥682.57 Million
≈ $99.88 Million 		CN¥304.81 Million China Jun 2025
28164 ZAZZ Energy of Sweden AB
ST:ZAZZ-B 		55.3% Skr37.41 Million
≈ $4.03 Million 		Skr16.71 Million Sweden Mar 2025
28165 Ametek Inc
NYSE:AME 		55.3% $10.63 Billion $4.75 Billion USA Dec 2025
28166 Propert & Buil
TA:PTBL 		55.3% ILA7.83 Billion
≈ $20.98 Million 		ILA3.50 Billion Israel Dec 2025
28167 Can B Corp
NASDAQ:CANB 		55.3% $219.60K $98.14K USA Sep 2023
28168 Guangzhou Jointas Chemical Joint Stock Co Ltd
SHE:002909 		55.3% CN¥849.75 Million
≈ $124.34 Million 		CN¥379.79 Million China Mar 2026
28169 Sysco Corporation
NYSE:SYY 		55.3% $2.34 Billion $1.04 Billion USA Dec 2025
28170 CORERO NETWORK SEC.LS-01
F:NYA1 		55.3% €18.55 Million
≈ $21.69 Million 		€8.29 Million Germany Dec 2025
28171 reAlpha Tech Corp. Common Stock
NASDAQ:AIRE 		55.3% $9.31 Million $4.16 Million USA Jan 2026
28172 Digimarc Corporation
NASDAQ:DMRC 		55.3% $34.07 Million $15.24 Million USA Mar 2026
28173 Bank Artha Graha Internasional
JK:INPC 		55.2% Rp4.41 Trillion
≈ $258.57 Million 		Rp1.98 Trillion Indonesia Sep 2025
28174 Australian Finance Group Ltd
AU:AFG 		55.2% AU$231.40 Million
≈ $163.73 Million 		AU$103.60 Million Australia Dec 2025
28175 Robot S.A.
MC:RBT 		55.2% €7.45 Million
≈ $8.71 Million 		€3.34 Million Spain Dec 2025
28176 PZ Cormay SA
WAR:CRM 		55.2% zł48.05 Million
≈ $13.22 Million 		zł21.54 Million Poland Sep 2025
28177 Anora Group Oyj
HE:ANORA 		55.1% €393.00 Million
≈ $459.46 Million 		€176.30 Million Finland Dec 2025
28178 Altus Group Limited
TO:AIF 		55.1% CA$401.33 Million
≈ $290.32 Million 		CA$180.10 Million Canada Mar 2026
28179 Sotera Health Co
NASDAQ:SHC 		55.1% $622.50 Million $279.36 Million USA Mar 2026
28180 Stepstone Group Inc
NASDAQ:STEP 		55.1% $519.45 Million $233.25 Million USA Dec 2025
28181 Sangoma Technologies Corp
TO:STC 		55.1% CA$257.31 Million
≈ $186.13 Million 		CA$115.54 Million Canada Sep 2025
28182 Lilium NV
NASDAQ:LILM 		55.1% $37.06 Million $16.66 Million USA Dec 2023
28183 Adcore Inc
TO:ADCO 		55.0% CA$7.48 Million
≈ $5.41 Million 		CA$3.36 Million Canada Dec 2025
28184 ADCORE INC. O.N.
F:ADQ 		55.0% €7.50 Million
≈ $8.76 Million 		€3.37 Million Germany Dec 2025
28185 Co-Diagnostics, Inc. Common Stock
NASDAQ:CODX 		55.0% $16.04 Million $7.22 Million USA Mar 2026
28186 Gozco Plantations Tbk
JK:GZCO 		55.0% Rp1.23 Trillion
≈ $72.16 Million 		Rp554.20 Billion Indonesia Dec 2025
28187 Unifiedpost Group SA
BR:UPG 		55.0% €148.26 Million
≈ $173.33 Million 		€66.72 Million Belgium Dec 2024
28188 S&P Global Inc
NYSE:SPGI 		55.0% $36.15 Billion $16.27 Billion USA Dec 2025
28189 Nancal Energy-Saving Tech Co
SHG:603859 		55.0% CN¥3.22 Billion
≈ $471.72 Million 		CN¥1.45 Billion China Sep 2025
28190 Guangdong Great River Smarter Logistics Co Ltd Class A
SHE:002930 		55.0% CN¥2.94 Billion
≈ $430.60 Million 		CN¥1.33 Billion China Sep 2025
28191 Rumo S.A
SA:RAIL3 		54.9% R$14.10 Billion
≈ $2.77 Billion 		R$6.36 Billion Brazil Mar 2026
28192 Net Insight AB (publ)
ST:NETI-B 		54.9% Skr626.22 Million
≈ $67.39 Million 		Skr282.24 Million Sweden Mar 2026
28193 INTERN.CONS.AIRL.GR. ADR
F:INRA 		54.9% €7.59 Billion
≈ $8.88 Billion 		€3.42 Billion Germany Dec 2025
28194 International Consolidated Airlines Group S.A
MC:IAG 		54.9% €7.61 Billion
≈ $8.89 Billion 		€3.43 Billion Spain Dec 2025
28195 Tai Tung Communication Co Ltd
TW:8011 		54.9% NT$3.96 Billion
≈ $124.62 Million 		NT$1.78 Billion Taiwan Mar 2026
28196 Anhui Jianghuai Automobile Group Corp Ltd
SHG:600418 		54.9% CN¥10.86 Billion
≈ $1.59 Billion 		CN¥4.90 Billion China Sep 2025
28197 Microba Life Sciences Ltd
AU:MAP 		54.9% AU$31.08 Million
≈ $21.99 Million 		AU$14.02 Million Australia Dec 2025
28198 Qinetiq Group PLC
LSE:QQ 		54.9% GBX553.00 Million
≈ $67.28K 		GBX249.40 Million UK Mar 2026
28199 Guangzhou Shangpin Home Collection Co Ltd
SHE:300616 		54.9% CN¥2.88 Billion
≈ $421.30 Million 		CN¥1.30 Billion China Mar 2026
28200 XTPL SA
WAR:XTP 		54.9% zł24.36 Million
≈ $6.70 Million 		zł11.00 Million Poland Sep 2025