Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
41.3%
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.
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 |
|---|---|---|---|---|---|---|
| 28801 |
OC OERL.CORP ADR 2 SF 1
F:OBH0 |
42.4% |
€929.00 Million
≈ $1.09 Billion |
€535.00 Million | Germany | Dec 2025 |
| 28802 |
Decisive Dividend Corp
V:DE |
42.4% |
CA$54.71 Million
≈ $39.58 Million |
CA$31.52 Million | Canada | Mar 2026 |
| 28803 |
Saga plc
LSE:SAGA |
42.3% |
GBX58.80 Million
≈ $7.15K |
GBX33.90 Million | UK | Jul 2025 |
| 28804 |
The Cheesecake Factory
NASDAQ:CAKE |
42.3% | $436.43 Million | $251.81 Million | USA | Dec 2025 |
| 28805 |
Kogan.com Ltd
AU:KGN |
42.3% |
AU$60.53 Million
≈ $42.83 Million |
AU$34.95 Million | Australia | Jun 2025 |
| 28806 |
Thor Medical ASA
OL:TRMED |
42.2% |
Nkr473.50 Million
≈ $49.83 Million |
Nkr273.60 Million | Norway | Jun 2025 |
| 28807 |
Stereotaxis Inc
NYSE MKT:STXS |
42.2% | $11.53 Million | $6.67 Million | USA | Sep 2025 |
| 28808 |
Kulthorn Kirby Public Company Limited
BK:KKC |
42.2% |
฿68.74 Million
≈ $2.14 Million |
฿39.72 Million | Thailand | Sep 2023 |
| 28809 |
Zydus Wellness Limited
NSE:ZYDUSWELL |
42.2% |
Rs57.06 Billion
≈ $617.06 Million |
Rs33.00 Billion | India | Sep 2025 |
| 28810 |
Arxis, Inc. Class A Common Stock
NASDAQ:ARXS |
42.2% Annual | $4.20 Billion | $2.43 Billion | USA | Dec 2025 |
| 28811 |
Yanzhou Coal Mining Company Limited
F:YZCA |
42.1% |
€177.74 Billion
≈ $207.80 Billion |
€102.87 Billion | Germany | Mar 2026 |
| 28812 |
Yanzhou Coal Mining Company Limited
F:YZC |
42.1% |
€177.74 Billion
≈ $207.80 Billion |
€102.87 Billion | Germany | Mar 2026 |
| 28813 |
The Platform Group AG
XETRA:TPG |
42.1% |
€168.41 Million
≈ $196.89 Million |
€97.53 Million | Germany | Jun 2025 |
| 28814 |
Medicure Inc
V:MPH |
42.0% |
CA$12.65 Million
≈ $9.15 Million |
CA$7.33 Million | Canada | Mar 2026 |
| 28815 |
Orege Société Anonyme
PA:OREGE |
42.0% |
€1.54 Million
≈ $1.80 Million |
€892.00K | France | Dec 2015 |
| 28816 |
Jubilant Foodworks Limited
NSE:JUBLFOOD |
42.0% |
Rs22.56 Billion
≈ $243.97 Million |
Rs13.08 Billion | India | Sep 2025 |
| 28817 |
Nagarro SE
XETRA:NA9 |
42.0% |
€155.02 Million
≈ $181.24 Million |
€89.91 Million | Germany | Dec 2025 |
| 28818 |
Aramark Holdings
NYSE:ARMK |
42.0% | $3.23 Billion | $1.88 Billion | USA | Dec 2025 |
| 28819 |
Anadolu Efes Biracilik ve Malt Sanayi AS
IS:AEFES |
42.0% |
TL193.92 Billion
≈ $4.34 Billion |
TL112.53 Billion | Turkey | Jun 2025 |
| 28820 |
Shenzhen Hifuture Electric
SHE:002168 |
42.0% |
CN¥65.37 Million
≈ $9.57 Million |
CN¥37.93 Million | China | Mar 2026 |
| 28821 |
Otto Holding AS
IS:OTTO |
42.0% |
TL549.86 Million
≈ $12.32 Million |
TL319.11 Million | Turkey | Mar 2025 |
| 28822 |
LM Funding America Inc
NASDAQ:LMFA |
42.0% | $28.88 Million | $16.76 Million | USA | Dec 2025 |
| 28823 |
Boyd Gaming Corporation
NYSE:BYD |
42.0% | $2.53 Billion | $1.47 Billion | USA | Mar 2026 |
| 28824 |
Morningstar Inc
NASDAQ:MORN |
41.9% | $1.02 Billion | $591.40 Million | USA | Mar 2026 |
| 28825 |
Geo Group Inc
NYSE:GEO |
41.9% | $1.50 Billion | $873.36 Million | USA | Dec 2025 |
| 28826 |
Snipp Interactive Inc
V:SPN |
41.9% |
CA$5.30 Million
≈ $3.83 Million |
CA$3.08 Million | Canada | Sep 2025 |
| 28827 |
Ecora Resources PLC
LSE:ECOR |
41.9% |
GBX429.91 Million
≈ $52.31K |
GBX249.74 Million | UK | Jun 2025 |
| 28828 |
Croda International PLC
LSE:CRDA |
41.9% |
GBX2.23 Billion
≈ $271.47K |
GBX1.30 Billion | UK | Jun 2025 |
| 28829 |
Haffner Energy SA
PA:ALHAF |
41.9% |
€18.50 Million
≈ $21.62 Million |
€10.75 Million | France | Sep 2025 |
| 28830 |
Superior Industries International
NYSE:SUP |
41.9% | $14.19 Million | $8.25 Million | USA | Mar 2025 |
| 28831 |
Ryvyl Inc
NASDAQ:RVYL |
41.9% | $6.32 Million | $3.68 Million | USA | Sep 2024 |
| 28832 |
Pfizer Inc
SA:PFIZ34 |
41.9% |
R$90.40 Billion
≈ $17.74 Billion |
R$52.56 Billion | Brazil | Mar 2026 |
| 28833 |
Pfizer Inc
NYSE:PFE |
41.9% | $90.40 Billion | $52.56 Billion | USA | Mar 2026 |
| 28834 |
HCA Healthcare, Inc.
NYSE:HCA |
41.8% | $555.00 Million | $323.00 Million | USA | Dec 2024 |
| 28835 |
Molecure S.A.
WAR:MOC |
41.8% |
zł98.21 Million
≈ $27.03 Million |
zł57.17 Million | Poland | Mar 2025 |
| 28836 |
ANADOLU E.BIR.M. ADR 1/5
F:EF41 |
41.7% |
€235.85 Billion
≈ $275.73 Billion |
€137.41 Billion | Germany | Mar 2026 |
| 28837 |
USA Compression Partners LP
NYSE:USAC |
41.7% | $316.67 Million | $184.55 Million | USA | Mar 2026 |
| 28838 |
Clean Power Hydrogen PLC
LSE:CPH2 |
41.7% |
GBX8.80 Million
≈ $1.07K |
GBX5.13 Million | UK | Jun 2025 |
| 28839 |
DSJ Keep Learning Limited
NSE:KEEPLEARN |
41.7% |
Rs74.82 Million
≈ $809.12K |
Rs43.63 Million | India | Sep 2025 |
| 28840 |
STV Group plc
LSE:STVG |
41.7% |
GBX2.40 Million
≈ $292.01 |
GBX1.40 Million | UK | Jun 2022 |
| 28841 |
SaveLend Group AB
ST:YIELD |
41.7% |
Skr82.45 Million
≈ $8.87 Million |
Skr48.10 Million | Sweden | Dec 2025 |
| 28842 |
DRC Systems India Limited
NSE:DRCSYSTEMS |
41.6% |
Rs775.23 Million
≈ $8.38 Million |
Rs452.40 Million | India | Sep 2025 |
| 28843 |
Aon PLC
F:4VK |
41.6% |
€9.98 Billion
≈ $11.67 Billion |
€5.83 Billion | Germany | Mar 2026 |
| 28844 |
IMS SA
WAR:IMS |
41.5% |
zł50.14 Million
≈ $13.80 Million |
zł29.33 Million | Poland | Sep 2025 |
| 28845 |
Aon PLC
NYSE:AON |
41.5% | $9.96 Billion | $5.83 Billion | USA | Mar 2026 |
| 28846 |
Diagnostic Medical Systems SA
PA:ALDMS |
41.5% |
€20.66 Million
≈ $24.16 Million |
€12.10 Million | France | Dec 2025 |
| 28847 |
Biotechnology Assets S.A.
MC:BST |
41.4% |
€6.45 Million
≈ $7.54 Million |
€3.78 Million | Spain | Jun 2025 |
| 28848 |
Vunani Ltd
JSE:VUN |
41.4% |
ZAC398.43 Million
≈ $211.74K |
ZAC233.34 Million | South Africa | Aug 2025 |
| 28849 |
American Axle & Manufacturing
NYSE:AXL |
41.4% | $640.00 Million | $375.20 Million | USA | Dec 2025 |
| 28850 |
ATA Creativity Global
NASDAQ:AACG |
41.4% | $58.82 Million | $34.49 Million | USA | Sep 2025 |
| 28851 |
Auction Technology Group PLC
LSE:ATG |
41.4% |
GBX326.69 Million
≈ $39.75K |
GBX191.59 Million | UK | Sep 2025 |
| 28852 |
Altius Minerals Corporation
TO:ALS |
41.3% |
CA$1.34 Billion
≈ $969.19 Million |
CA$786.44 Million | Canada | Mar 2026 |
| 28853 |
Quantum Corporation
NASDAQ:QMCO |
41.3% | $217.58 Million | $127.74 Million | USA | Sep 2008 |
| 28854 |
Starbreeze AB (publ)
ST:STAR-A |
41.3% |
Skr221.03 Million
≈ $23.79 Million |
Skr129.81 Million | Sweden | Dec 2025 |
| 28855 |
Starbreeze AB (publ)
ST:STAR-B |
41.3% |
Skr221.03 Million
≈ $23.79 Million |
Skr129.81 Million | Sweden | Dec 2025 |
| 28856 |
Paz Oil
TA:PZOL |
41.3% |
ILA3.22 Billion
≈ $8.64 Million |
ILA1.89 Billion | Israel | Sep 2024 |
| 28857 |
Ferroamp Elektronik AB
ST:FERRO |
41.2% |
Skr208.72 Million
≈ $22.46 Million |
Skr122.65 Million | Sweden | Dec 2025 |
| 28858 |
Devyani International Limited
NSE:DEVYANI |
41.2% |
Rs19.58 Billion
≈ $211.80 Million |
Rs11.52 Billion | India | Sep 2025 |
| 28859 |
NXT Energy Solutions Inc
TO:SFD |
41.1% |
CA$12.99 Million
≈ $9.40 Million |
CA$7.65 Million | Canada | Mar 2026 |
| 28860 |
Atlanta Braves Holdings, Inc. Series C Common Stock
NASDAQ:BATRK |
41.0% | $8.40 Billion | $4.96 Billion | USA | Mar 2026 |
| 28861 |
Liberty Live Holdings, Inc. Series C Liberty Live Group Common Stock
NASDAQ:LLYVK |
41.0% | $8.40 Billion | $4.96 Billion | USA | Mar 2026 |
| 28862 |
Liberty Media Corporation Series C Liberty Formula One Common Stock
NASDAQ:FWONK |
41.0% | $8.40 Billion | $4.96 Billion | USA | Mar 2026 |
| 28863 |
Liberty Media Corporation Series A Liberty Formula One Common Stock
NASDAQ:FWONA |
41.0% | $8.40 Billion | $4.96 Billion | USA | Mar 2026 |
| 28864 |
Liberty Live Holdings, Inc. Series A Liberty Live Group Common Stock
NASDAQ:LLYVA |
41.0% | $8.40 Billion | $4.96 Billion | USA | Mar 2026 |
| 28865 |
Energy One Ltd
AU:EOL |
41.0% |
AU$65.93 Million
≈ $46.65 Million |
AU$38.88 Million | Australia | Dec 2025 |
| 28866 |
Kneomedia Ltd
AU:KNM |
41.0% |
AU$1.19 Million
≈ $839.06K |
AU$699.57K | Australia | Dec 2020 |
| 28867 |
Sýn hf
IC:SYN |
41.0% |
Ikr7.92 Billion
≈ $64.56 Million |
Ikr4.67 Billion | Iceland | Sep 2025 |
| 28868 |
Far EasTone Telecommunications Co Ltd
TW:4904 |
41.0% |
NT$100.14 Billion
≈ $3.15 Billion |
NT$59.12 Billion | Taiwan | Mar 2026 |
| 28869 |
ADDvise Group B
ST:ADDV-B |
40.9% |
Skr1.11 Billion
≈ $119.32 Million |
Skr655.10 Million | Sweden | Sep 2025 |
| 28870 |
EQ Inc.
V:EQ |
40.9% |
CA$3.31 Million
≈ $2.39 Million |
CA$1.95 Million | Canada | Sep 2023 |
| 28871 |
Jasmine International Public Company Limited
BK:JAS-R |
40.8% |
฿10.17 Billion
≈ $317.08 Million |
฿6.02 Billion | Thailand | Jun 2025 |
| 28872 |
Fujian Longzhou Transportation Co Ltd
SHE:002682 |
40.8% |
CN¥996.21 Million
≈ $145.78 Million |
CN¥589.60 Million | China | Sep 2025 |
| 28873 |
Core Natural Resources, Inc.
NYSE:CNR |
40.8% | $3.66 Billion | $2.17 Billion | USA | Mar 2026 |
| 28874 |
Cogelec SA
PA:ALLEC |
40.8% |
€8.74 Million
≈ $10.22 Million |
€5.18 Million | France | Jun 2025 |
| 28875 |
MediaAlpha Inc.
NYSE:MAX |
40.7% Annual | $40.48 Million | $23.98 Million | USA | Dec 2018 |
| 28876 |
Aquaporin AS
CO:AQP |
40.7% |
Dkr163.44 Million
≈ $25.57 Million |
Dkr96.91 Million | Denmark | Jun 2025 |
| 28877 |
AMA Group Limited
F:KC7 |
40.6% |
€231.88 Million
≈ $271.09 Million |
€137.63 Million | Germany | Jun 2025 |
| 28878 |
Nick Scali Ltd
AU:NCK |
40.6% |
AU$278.00 Million
≈ $196.70 Million |
AU$165.01 Million | Australia | Dec 2025 |
| 28879 |
Hextar Global Bhd
KLSE:5151 |
40.6% |
RM275.38 Million
≈ $69.14 Million |
RM163.46 Million | Malaysia | Mar 2026 |
| 28880 |
RevoluGROUP Canada Inc
V:REVO |
40.6% |
CA$866.48K
≈ $626.79K |
CA$514.45K | Canada | Feb 2024 |
| 28881 |
Beauty Health Co
NASDAQ:SKIN |
40.6% | $55.20 Million | $32.80 Million | USA | Mar 2026 |
| 28882 |
Q/C Technologies, Inc.
NASDAQ:QCLS |
40.5% | $23.69 Million | $14.09 Million | USA | Mar 2026 |
| 28883 |
Nestlé S.A
F:NESM |
40.5% |
€29.05 Billion
≈ $33.96 Billion |
€17.27 Billion | Germany | Jun 2025 |
| 28884 |
Fatfish Group Ltd
AU:FFG |
40.5% |
AU$3.76 Million
≈ $2.66 Million |
AU$2.24 Million | Australia | Dec 2024 |
| 28885 |
Curiositystream Inc.
NASDAQ:CURI |
40.5% | $47.19 Million | $28.09 Million | USA | Sep 2025 |
| 28886 |
CuriosityStream Inc
NASDAQ:CURIW |
40.5% | $47.19 Million | $28.09 Million | USA | Sep 2025 |
| 28887 |
Ekso Bionics Holdings Inc
NASDAQ:EKSO |
40.5% | $5.74 Million | $3.42 Million | USA | Mar 2026 |
| 28888 |
AgriFORCE Growing Systems Ltd
NASDAQ:AGRI |
40.3% | $12.15 Million | $7.25 Million | USA | Sep 2025 |
| 28889 |
Cuscapi Berhad
KLSE:0051 |
40.3% |
RM58.04 Million
≈ $14.57 Million |
RM34.63 Million | Malaysia | Mar 2026 |
| 28890 |
Sichuan Road & Bridge Group Co Ltd
SHG:600039 |
40.3% |
CN¥52.60 Billion
≈ $7.70 Billion |
CN¥31.39 Billion | China | Sep 2025 |
| 28891 |
Loyal Solutions AS
ST:LOYAL |
40.3% |
Skr7.65 Million
≈ $823.27K |
Skr4.57 Million | Sweden | Jun 2022 |
| 28892 |
ADDvise Group AB A
ST:ADDV-A |
40.3% |
Skr1.06 Billion
≈ $114.51 Million |
Skr635.30 Million | Sweden | Dec 2025 |
| 28893 |
SOLUCIONES CUATROO.EO-04
F:5XW |
40.3% |
€11.27 Million
≈ $13.18 Million |
€6.73 Million | Germany | Dec 2024 |
| 28894 |
Chengdu Xingrong Investment Co Ltd
SHE:000598 |
40.3% |
CN¥21.93 Billion
≈ $3.21 Billion |
CN¥13.10 Billion | China | Mar 2026 |
| 28895 |
Foresight Group Holdings Limited
LSE:FSG |
40.2% |
GBX88.05 Million
≈ $10.71K |
GBX52.62 Million | UK | Sep 2025 |
| 28896 |
Faraday Future Intelligent Electric Inc.
NASDAQ:FFAI |
40.2% | $7.76 Million | $4.64 Million | USA | Dec 2025 |
| 28897 |
Avient Corp
NYSE:AVNT |
40.1% | $2.42 Billion | $1.45 Billion | USA | Mar 2026 |
| 28898 |
Snail, Inc. Class A Common Stock
NASDAQ:SNAL |
40.1% | $3.60 Million | $2.16 Million | USA | Mar 2025 |
| 28899 |
KLX Energy Services Holdings Inc
NASDAQ:KLXE |
40.0% | $2.50 Million | $1.50 Million | USA | Sep 2024 |
| 28900 |
LPL Financial Holdings Inc
NASDAQ:LPLA |
40.0% | $5.69 Billion | $3.41 Billion | USA | Mar 2026 |