Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

56.5%
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.
Rank Company Tangible NW Ratio Net Assets Intangible Assets Country As of
28201 Carrier Global Corp
NYSE:CARR 		57.3% $13.47 Billion $5.76 Billion USA Jun 2026
28202 Magnora ASA
OL:MGN 		57.3% Nkr316.20 Million
≈ $33.27 Million 		Nkr135.10 Million Norway Mar 2026
28203 Live Verdure Ltd
AU:LV1 		57.3% AU$2.64 Million
≈ $1.87 Million 		AU$1.13 Million Australia Jun 2024
28204 Open Text Corp
NASDAQ:OTEX 		57.2% $4.05 Billion $1.73 Billion USA Dec 2025
28205 Open Text Corp
TO:OTEX 		57.2% CA$4.05 Billion
≈ $2.93 Billion 		CA$1.73 Billion Canada Dec 2025
28206 Unibel S.A
PA:UNBL 		57.2% €1.45 Billion
≈ $1.69 Billion 		€619.50 Million France Dec 2024
28207 Shengli Oil & Gas Pipe Holdings Limited
F:GSG 		57.2% €378.99 Million
≈ $443.08 Million 		€162.23 Million Germany Dec 2025
28208 Ohmyhome Limited Ordinary Shares
NASDAQ:OMH 		57.2% $4.29 Million $1.84 Million USA Mar 2026
28209 S&P Global Inc
NYSE:SPGI 		57.2% $36.64 Billion $15.70 Billion USA Jun 2026
28210 SOLV Energy, Inc. Class A Common Stock
NASDAQ:MWH 		57.2% $811.22 Million $347.51 Million USA Mar 2026
28211 Laboratorios Richmond SACIF
BA:RICH 		57.2% AR$72.73 Billion
≈ $52.63 Million 		AR$31.16 Billion Argentina Sep 2025
28212 Valmet Oyj
HE:VALMT 		57.1% €2.47 Billion
≈ $2.89 Billion 		€1.06 Billion Finland Sep 2025
28213 ad pepper media International N.V
XETRA:APM 		57.1% €36.49 Million
≈ $42.66 Million 		€15.65 Million Germany Sep 2025
28214 Done.ai Group AB
ST:DONE 		57.1% Skr553.95 Million
≈ $59.61 Million 		Skr237.68 Million Sweden Dec 2025
28215 Era Graharealty PT Tbk
JK:IPAC 		57.1% Rp38.98 Billion
≈ $2.28 Million 		Rp16.74 Billion Indonesia Jun 2026
28216 GreenTech Environmental Co Ltd
SHG:688466 		57.0% CN¥1.20 Billion
≈ $175.45 Million 		CN¥515.02 Million China Mar 2026
28217 Anheuser Busch Inbev SA NV
BR:ABI 		57.0% €97.75 Billion
≈ $114.28 Billion 		€41.99 Billion Belgium Dec 2025
28218 Quanterix Corp
NASDAQ:QTRX 		57.0% $314.53 Million $135.15 Million USA Sep 2025
28219 Reliance Global Group, Inc.
NASDAQ:EZRA 		57.0% $6.65 Million $2.86 Million USA Jun 2026
28220 Biofrontera Inc
NASDAQ:BFRI 		57.0% $6.07 Million $2.61 Million USA Mar 2026
28221 Qantas Airways Ltd
AU:QAN 		57.0% AU$1.35 Billion
≈ $954.50 Million 		AU$580.00 Million Australia Dec 2025
28222 Arthur J Gallagher & Co
NYSE:AJG 		57.0% $23.75 Billion $10.21 Billion USA Jun 2026
28223 SGH Ltd
AU:SGH 		57.0% AU$5.16 Billion
≈ $3.65 Billion 		AU$2.22 Billion Australia Dec 2025
28224 Paradox Interactive AB (publ)
ST:PDX 		57.0% Skr2.59 Billion
≈ $278.84 Million 		Skr1.12 Billion Sweden Mar 2026
28225 Ningbo Marine Co Ltd
SHG:600798 		57.0% CN¥5.02 Billion
≈ $734.90 Million 		CN¥2.16 Billion China Sep 2025
28226 Bakrie Sumatera Plantations
JK:UNSP 		56.9% Rp507.78 Billion
≈ $29.75 Million 		Rp219.04 Billion Indonesia Sep 2017
28227 Lectra SA
PA:LSS 		56.8% €360.29 Million
≈ $421.22 Million 		€155.53 Million France Dec 2025
28228 XiAn Tourism Co Ltd
SHE:000610 		56.8% CN¥126.35 Million
≈ $18.49 Million 		CN¥54.55 Million China Sep 2025
28229 Petro Rio S.A.
SA:PRIO3 		56.8% R$26.32 Billion
≈ $5.16 Billion 		R$11.36 Billion Brazil Mar 2026
28230 Affle (India) Limited
NSE:AFFLE 		56.8% Rs32.56 Billion
≈ $352.14 Million 		Rs14.06 Billion India Sep 2025
28231 KOYJ Co. Ltd
KQ:121850 		56.8% ₩1.20 Billion
≈ $811.95K 		₩517.73 Million Korea Dec 2025
28232 Galata Wind Enerji Anonim Sirket
IS:GWIND 		56.8% TL15.69 Billion
≈ $351.39 Million 		TL6.78 Billion Turkey Mar 2026
28233 Abingdon Health Plc
LSE:ABDX 		56.8% GBX6.30 Million
≈ $766.65 		GBX2.73 Million UK Dec 2025
28234 Ningbo Changhong Polymer Scientific & Technical Inc
SHG:605008 		56.7% CN¥1.97 Billion
≈ $288.07 Million 		CN¥851.43 Million China Mar 2026
28235 Intelligent Protection Management Corp
NASDAQ:IPM 		56.7% $16.16 Million $6.99 Million USA Jun 2026
28236 Geely Automobile Holdings Limited
F:GRUA 		56.7% €92.10 Billion
≈ $107.67 Billion 		€39.88 Billion Germany Jun 2025
28237 Shanghai Hongda New Material Co Ltd
SHE:002211 		56.7% CN¥48.27 Million
≈ $7.06 Million 		CN¥20.91 Million China Mar 2026
28238 EQTEC plc
LSE:EQT 		56.7% £4.59 Million
≈ $6.17 Million 		£1.99 Million UK Jun 2025
28239 SEB SA
PA:SK 		56.7% €3.29 Billion
≈ $3.84 Billion 		€1.42 Billion France Jun 2026
28240 Parkson Holdings Bhd
KLSE:5657 		56.7% RM2.05 Billion
≈ $514.83 Million 		RM888.61 Million Malaysia Mar 2026
28241 Breville Group Ltd
AU:BRG 		56.6% AU$1.05 Billion
≈ $741.54 Million 		AU$454.42 Million Australia Dec 2025
28242 Betta Pharmaceuticals Co Ltd
SHE:300558 		56.6% CN¥6.86 Billion
≈ $1.00 Billion 		CN¥2.98 Billion China Mar 2026
28243 Twin Hospitality Group Inc.
NASDAQ:TWNP 		56.6% Annual $60.18 Million $26.10 Million USA Dec 2022
28244 Dynatronics Corporation
NASDAQ:DYNT 		56.6% $3.06 Million $1.33 Million USA Sep 2025
28245 Advanced Drainage Systems Inc
NYSE:WMS 		56.6% $1.96 Billion $848.53 Million USA Mar 2026
28246 Awardit AB
ST:AWRD 		56.6% Skr510.86 Million
≈ $54.98 Million 		Skr221.81 Million Sweden Jun 2024
28247 Yuan Longping High-tech Agriculture Co Ltd
SHE:000998 		56.6% CN¥10.59 Billion
≈ $1.55 Billion 		CN¥4.60 Billion China Mar 2026
28248 Synthomer plc
LSE:SYNT 		56.5% GBX996.60 Million
≈ $121.26K 		GBX433.50 Million UK Jun 2025
28249 Prosegur
MC:PSG 		56.5% €918.60 Million
≈ $1.07 Billion 		€399.60 Million Spain Mar 2026
28250 Upbound Group Inc.
NASDAQ:UPBD 		56.5% $733.35 Million $319.30 Million USA Jun 2026
28251 H WORLD GROUP DL-00001
F:CL4 		56.5% €12.02 Billion
≈ $14.06 Billion 		€5.24 Billion Germany Sep 2025
28252 Paychex Inc
NASDAQ:PAYX 		56.4% $4.01 Billion $1.75 Billion USA Feb 2026
28253 Hawkins Inc
NASDAQ:HWKN 		56.4% $534.01 Million $232.89 Million USA Mar 2026
28254 Guangdong Hotata Technology Group Co Ltd Class A
SHG:603848 		56.4% CN¥3.00 Billion
≈ $439.43 Million 		CN¥1.31 Billion China Mar 2026
28255 Honeywell International Inc
NASDAQ:HON 		56.4% $15.44 Billion $6.74 Billion USA Dec 2025
28256 Establishment Labs Holdings Inc
NASDAQ:ESTA 		56.4% $21.61 Million $9.43 Million USA Jun 2026
28257 Hillman Solutions Corp
NASDAQ:HLMN 		56.4% $1.22 Billion $530.71 Million USA Mar 2026
28258 Evotec SE
XETRA:EVT 		56.3% €699.62 Million
≈ $817.93 Million 		€305.41 Million Germany Mar 2026
28259 Atos SE
PA:ATO 		56.3% €799.00 Million
≈ $934.11 Million 		€349.00 Million France Dec 2024
28260 NCL International Logistics Public Company Limited
BK:NCL 		56.3% ฿31.74 Million
≈ $989.27K 		฿13.87 Million Thailand Dec 2025
28261 Fox Factory Holding Corp
NASDAQ:FOXF 		56.3% $955.82 Million $417.83 Million USA Sep 2025
28262 Tenable Holdings Inc
NASDAQ:TENB 		56.3% $248.22 Million $108.51 Million USA Mar 2026
28263 Helen of Troy Ltd
NASDAQ:HELE 		56.3% $843.52 Million $368.79 Million USA May 2026
28264 Netlinkz Ltd
AU:NET 		56.3% AU$3.44 Million
≈ $2.43 Million 		AU$1.50 Million Australia Dec 2023
28265 DXN Ltd
AU:DXN 		56.3% AU$2.05 Million
≈ $1.45 Million 		AU$896.69K Australia Dec 2025
28266 BlackRock Inc
NYSE:BLK 		56.3% $63.32 Billion $27.69 Billion USA Mar 2026
28267 TWFG, Inc. Class A Common Stock
NASDAQ:TWFG 		56.3% $295.75 Million $129.39 Million USA Sep 2025
28268 Vietnam Container Shipping JSC
VN:VSC 		56.2% ₫5.07 Trillion
≈ $192.63 Million 		₫2.22 Trillion Vietnam Jun 2025
28269 AKA Brands Holding Corp
NYSE:AKA 		56.2% $94.42 Million $41.32 Million USA Mar 2026
28270 EXOSENS PROM
PA:EXENS 		56.2% €450.80 Million
≈ $527.03 Million 		€197.30 Million France Jun 2026
28271 Air France-KLM SA
PA:AF 		56.2% €2.79 Billion
≈ $3.26 Billion 		€1.22 Billion France Jun 2026
28272 Box Inc
NYSE:BOX 		56.2% $209.16 Million $91.62 Million USA Oct 2025
28273 Dongjiang Environmental Co Ltd
SHE:002672 		56.2% CN¥2.82 Billion
≈ $412.94 Million 		CN¥1.24 Billion China Dec 2025
28274 Teva Pharmaceutical Industries Limited
F:TEV 		56.2% €8.23 Billion
≈ $9.62 Billion 		€3.61 Billion Germany Mar 2026
28275 CLEARWAY ENERGY A NDL-01
F:NY4B 		56.1% €5.57 Billion
≈ $6.51 Billion 		€2.44 Billion Germany Mar 2026
28276 MNC Studios International Tbk PT
JK:MSIN 		56.1% Rp7.09 Trillion
≈ $415.28 Million 		Rp3.11 Trillion Indonesia Jun 2026
28277 Exicom Tele-Systems Limited
NSE:EXICOM 		56.1% Rs6.51 Billion
≈ $70.43 Million 		Rs2.86 Billion India Mar 2026
28278 Janus Henderson Group PLC
NYSE:JHG 		56.0% $5.72 Billion $2.52 Billion USA Mar 2026
28279 Cyfrowy Polsat SA
WAR:CPS 		56.0% zł17.28 Billion
≈ $4.76 Billion 		zł7.60 Billion Poland Sep 2025
28280 NHN Bugs Corp
KQ:104200 		56.0% ₩51.15 Billion
≈ $34.67 Million 		₩22.50 Billion Korea Mar 2026
28281 Williams Companies Inc
NYSE:WMB 		56.0% $15.16 Billion $6.67 Billion USA Mar 2026
28282 Middleby Corp
NASDAQ:MIDD 		56.0% $2.37 Billion $1.04 Billion USA Mar 2026
28283 Jinxin Technology Holding Company American Depositary Shares
NASDAQ:NAMI 		56.0% $152.16 Million $66.99 Million USA Sep 2025
28284 Konsortium AG
MU:KUB1 		56.0% €5.80 Million
≈ $6.78 Million 		€2.55 Million Germany Mar 2018
28285 Bang & Olufsen
CO:BO 		56.0% Dkr1.01 Billion
≈ $157.40 Million 		Dkr443.00 Million Denmark May 2026
28286 Huazhu Group Ltd
NASDAQ:HTHT 		55.9% $11.06 Billion $4.88 Billion USA Mar 2026
28287 Huaxin Cement Co Ltd A
SHG:600801 		55.9% CN¥37.99 Billion
≈ $5.56 Billion 		CN¥16.75 Billion China Mar 2026
28288 MOBVISTA INC. DL-01
F:6MO 		55.9% €296.45 Million
≈ $346.58 Million 		€130.83 Million Germany Dec 2025
28289 De.Mem Ltd
AU:DEM 		55.9% AU$11.91 Million
≈ $8.43 Million 		AU$5.26 Million Australia Jun 2025
28290 Teva Pharmaceutical Industries Ltd
TA:TEVA 		55.9% ILA7.76 Billion
≈ $20.80 Million 		ILA3.42 Billion Israel Jun 2026
28291 Amos Luzon Development and Energy Group Ltd
TA:LUZN 		55.8% ILA1.12 Billion
≈ $2.99 Million 		ILA492.68 Million Israel Mar 2026
28292 Wirtek A/S
CO:WIRTEK 		55.8% Dkr13.89 Million
≈ $2.17 Million 		Dkr6.13 Million Denmark Mar 2026
28293 Aerometrex Ltd
AU:AMX 		55.8% AU$16.18 Million
≈ $11.45 Million 		AU$7.14 Million Australia Dec 2025
28294 Chill Brands Group PLC
LSE:CHLL 		55.8% GBX2.57 Million
≈ $312.80 		GBX1.14 Million UK Mar 2024
28295 Streamplay Studio Ltd
AU:SP8 		55.8% AU$14.15 Million
≈ $10.01 Million 		AU$6.25 Million Australia Jun 2025
28296 DTI Group Ltd
AU:DTI 		55.7% AU$4.66 Million
≈ $3.30 Million 		AU$2.06 Million Australia Dec 2025
28297 QORIA Ltd
AU:QOR 		55.6% AU$158.06 Million
≈ $111.84 Million 		AU$70.12 Million Australia Jun 2025
28298 Resverlogix Corp.
TO:RVX 		55.6% CA$2.74 Million
≈ $1.98 Million 		CA$1.22 Million Canada Mar 2012
28299 GEN Restaurant Group, Inc. Class A Common Stock
NASDAQ:GENK 		55.6% $21.41 Million $9.50 Million USA Mar 2026
28300 Innature Bhd
KLSE:5295 		55.6% RM120.31 Million
≈ $30.20 Million 		RM53.38 Million Malaysia Mar 2026