Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
40.6%
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 |
|---|---|---|---|---|---|---|
| 29001 |
Croda International PLC
LSE:CRDA |
41.9% |
GBX2.23 Billion
≈ $271.47K |
GBX1.30 Billion | UK | Jun 2025 |
| 29002 |
Haffner Energy SA
PA:ALHAF |
41.9% |
€18.50 Million
≈ $21.62 Million |
€10.75 Million | France | Sep 2025 |
| 29003 |
Superior Industries International
NYSE:SUP |
41.9% | $14.19 Million | $8.25 Million | USA | Mar 2025 |
| 29004 |
Ryvyl Inc
NASDAQ:RVYL |
41.9% | $6.32 Million | $3.68 Million | USA | Sep 2024 |
| 29005 |
HCA Healthcare, Inc.
NYSE:HCA |
41.8% | $555.00 Million | $323.00 Million | USA | Dec 2024 |
| 29006 |
Molecure S.A.
WAR:MOC |
41.8% |
zł98.21 Million
≈ $27.03 Million |
zł57.17 Million | Poland | Mar 2025 |
| 29007 |
Aon PLC
NYSE:AON |
41.7% | $9.71 Billion | $5.66 Billion | USA | Jun 2026 |
| 29008 |
ANADOLU E.BIR.M. ADR 1/5
F:EF41 |
41.7% |
€235.85 Billion
≈ $275.73 Billion |
€137.41 Billion | Germany | Mar 2026 |
| 29009 |
Clean Power Hydrogen PLC
LSE:CPH2 |
41.7% |
GBX8.80 Million
≈ $1.07K |
GBX5.13 Million | UK | Jun 2025 |
| 29010 |
DSJ Keep Learning Limited
NSE:KEEPLEARN |
41.7% |
Rs74.82 Million
≈ $809.12K |
Rs43.63 Million | India | Sep 2025 |
| 29011 |
STV Group plc
LSE:STVG |
41.7% |
GBX2.40 Million
≈ $292.01 |
GBX1.40 Million | UK | Jun 2022 |
| 29012 |
SaveLend Group AB
ST:YIELD |
41.7% |
Skr82.45 Million
≈ $8.87 Million |
Skr48.10 Million | Sweden | Dec 2025 |
| 29013 |
Aon PLC
F:4VK |
41.6% |
€9.98 Billion
≈ $11.67 Billion |
€5.83 Billion | Germany | Mar 2026 |
| 29014 |
Xbrane Biopharma AB
ST:XBRANE |
41.6% |
Skr538.85 Million
≈ $57.99 Million |
Skr314.82 Million | Sweden | Jun 2026 |
| 29015 |
IMS SA
WAR:IMS |
41.5% |
zł50.14 Million
≈ $13.80 Million |
zł29.33 Million | Poland | Sep 2025 |
| 29016 |
Diagnostic Medical Systems SA
PA:ALDMS |
41.5% |
€20.66 Million
≈ $24.16 Million |
€12.10 Million | France | Dec 2025 |
| 29017 |
Biotechnology Assets S.A.
MC:BST |
41.4% |
€6.45 Million
≈ $7.54 Million |
€3.78 Million | Spain | Jun 2025 |
| 29018 |
Digital Aria Co Ltd
KQ:115450 |
41.4% |
₩176.02 Billion
≈ $119.28 Million |
₩103.18 Billion | Korea | Mar 2026 |
| 29019 |
American Axle & Manufacturing
NYSE:AXL |
41.4% | $640.00 Million | $375.20 Million | USA | Dec 2025 |
| 29020 |
ATA Creativity Global
NASDAQ:AACG |
41.4% | $58.82 Million | $34.49 Million | USA | Sep 2025 |
| 29021 |
Altius Minerals Corporation
TO:ALS |
41.3% |
CA$1.34 Billion
≈ $969.19 Million |
CA$786.44 Million | Canada | Mar 2026 |
| 29022 |
Quantum Corporation
NASDAQ:QMCO |
41.3% | $217.58 Million | $127.74 Million | USA | Sep 2008 |
| 29023 |
Starbreeze AB (publ)
ST:STAR-B |
41.3% |
Skr221.03 Million
≈ $23.79 Million |
Skr129.81 Million | Sweden | Dec 2025 |
| 29024 |
Starbreeze AB (publ)
ST:STAR-A |
41.3% |
Skr221.03 Million
≈ $23.79 Million |
Skr129.81 Million | Sweden | Dec 2025 |
| 29025 |
Paz Oil
TA:PZOL |
41.3% |
ILA3.22 Billion
≈ $8.64 Million |
ILA1.89 Billion | Israel | Sep 2024 |
| 29026 |
Ferroamp Elektronik AB
ST:FERRO |
41.2% |
Skr208.72 Million
≈ $22.46 Million |
Skr122.65 Million | Sweden | Dec 2025 |
| 29027 |
Devyani International Limited
NSE:DEVYANI |
41.2% |
Rs19.58 Billion
≈ $211.80 Million |
Rs11.52 Billion | India | Sep 2025 |
| 29028 |
NXT Energy Solutions Inc
TO:SFD |
41.1% |
CA$12.99 Million
≈ $9.40 Million |
CA$7.65 Million | Canada | Mar 2026 |
| 29029 |
Liberty Media Corporation Series C Liberty Formula One Common Stock
NASDAQ:FWONK |
41.0% | $8.40 Billion | $4.96 Billion | USA | Mar 2026 |
| 29030 |
Atlanta Braves Holdings, Inc. Series C Common Stock
NASDAQ:BATRK |
41.0% | $8.40 Billion | $4.96 Billion | USA | Mar 2026 |
| 29031 |
Energy One Ltd
AU:EOL |
41.0% |
AU$65.93 Million
≈ $46.65 Million |
AU$38.88 Million | Australia | Dec 2025 |
| 29032 |
Kneomedia Ltd
AU:KNM |
41.0% |
AU$1.19 Million
≈ $839.06K |
AU$699.57K | Australia | Dec 2020 |
| 29033 |
Terex Corporation
NYSE:TEX |
41.0% | $4.92 Billion | $2.91 Billion | USA | Jun 2026 |
| 29034 |
Sýn hf
IC:SYN |
41.0% |
Ikr7.92 Billion
≈ $64.56 Million |
Ikr4.67 Billion | Iceland | Sep 2025 |
| 29035 |
Far EasTone Telecommunications Co Ltd
TW:4904 |
41.0% |
NT$100.14 Billion
≈ $3.15 Billion |
NT$59.12 Billion | Taiwan | Mar 2026 |
| 29036 |
ADDvise Group B
ST:ADDV-B |
40.9% |
Skr1.11 Billion
≈ $119.32 Million |
Skr655.10 Million | Sweden | Sep 2025 |
| 29037 |
EQ Inc.
V:EQ |
40.9% |
CA$3.31 Million
≈ $2.39 Million |
CA$1.95 Million | Canada | Sep 2023 |
| 29038 |
Jasmine International Public Company Limited
BK:JAS-R |
40.8% |
฿10.17 Billion
≈ $317.08 Million |
฿6.02 Billion | Thailand | Jun 2025 |
| 29039 |
Core Natural Resources, Inc.
NYSE:CNR |
40.8% | $3.66 Billion | $2.17 Billion | USA | Mar 2026 |
| 29040 |
Cogelec SA
PA:ALLEC |
40.8% |
€8.74 Million
≈ $10.22 Million |
€5.18 Million | France | Jun 2025 |
| 29041 |
MediaAlpha Inc.
NYSE:MAX |
40.7% Annual | $40.48 Million | $23.98 Million | USA | Dec 2018 |
| 29042 |
Vesuvius PLC
LSE:VSVS |
40.7% |
GBX1.27 Billion
≈ $154.25K |
GBX751.40 Million | UK | Jun 2026 |
| 29043 |
Aquaporin AS
CO:AQP |
40.7% |
Dkr163.44 Million
≈ $25.57 Million |
Dkr96.91 Million | Denmark | Jun 2025 |
| 29044 |
AMA Group Limited
F:KC7 |
40.6% |
€231.88 Million
≈ $271.09 Million |
€137.63 Million | Germany | Jun 2025 |
| 29045 |
Hextar Global Bhd
KLSE:5151 |
40.6% |
RM275.38 Million
≈ $69.14 Million |
RM163.46 Million | Malaysia | Mar 2026 |
| 29046 |
RevoluGROUP Canada Inc
V:REVO |
40.6% |
CA$866.48K
≈ $626.79K |
CA$514.45K | Canada | Feb 2024 |
| 29047 |
Beauty Health Co
NASDAQ:SKIN |
40.6% | $55.20 Million | $32.80 Million | USA | Mar 2026 |
| 29048 |
Q/C Technologies, Inc.
NASDAQ:QCLS |
40.5% | $23.69 Million | $14.09 Million | USA | Mar 2026 |
| 29049 |
Nestlé S.A
F:NESM |
40.5% |
€29.05 Billion
≈ $33.96 Billion |
€17.27 Billion | Germany | Jun 2025 |
| 29050 |
Merck & Company Inc
NYSE:MRK |
40.5% | $41.98 Billion | $24.98 Billion | USA | Jun 2026 |
| 29051 |
Fatfish Group Ltd
AU:FFG |
40.5% |
AU$3.76 Million
≈ $2.66 Million |
AU$2.24 Million | Australia | Dec 2024 |
| 29052 |
Curiositystream Inc.
NASDAQ:CURI |
40.5% | $47.19 Million | $28.09 Million | USA | Sep 2025 |
| 29053 |
CuriosityStream Inc
NASDAQ:CURIW |
40.5% | $47.19 Million | $28.09 Million | USA | Sep 2025 |
| 29054 |
Ekso Bionics Holdings Inc
NASDAQ:EKSO |
40.5% | $5.74 Million | $3.42 Million | USA | Mar 2026 |
| 29055 |
Boyd Gaming Corporation
NYSE:BYD |
40.4% | $2.50 Billion | $1.49 Billion | USA | Jun 2026 |
| 29056 |
LPL Financial Holdings Inc
NASDAQ:LPLA |
40.4% | $5.76 Billion | $3.43 Billion | USA | Jun 2026 |
| 29057 |
AgriFORCE Growing Systems Ltd
NASDAQ:AGRI |
40.3% | $12.15 Million | $7.25 Million | USA | Sep 2025 |
| 29058 |
Cuscapi Berhad
KLSE:0051 |
40.3% |
RM58.04 Million
≈ $14.57 Million |
RM34.63 Million | Malaysia | Mar 2026 |
| 29059 |
Sichuan Road & Bridge Group Co Ltd
SHG:600039 |
40.3% |
CN¥52.60 Billion
≈ $7.70 Billion |
CN¥31.39 Billion | China | Sep 2025 |
| 29060 |
Loyal Solutions AS
ST:LOYAL |
40.3% |
Skr7.65 Million
≈ $823.27K |
Skr4.57 Million | Sweden | Jun 2022 |
| 29061 |
ADDvise Group AB A
ST:ADDV-A |
40.3% |
Skr1.06 Billion
≈ $114.51 Million |
Skr635.30 Million | Sweden | Dec 2025 |
| 29062 |
SOLUCIONES CUATROO.EO-04
F:5XW |
40.3% |
€11.27 Million
≈ $13.18 Million |
€6.73 Million | Germany | Dec 2024 |
| 29063 |
Fathom Holdings Inc
NASDAQ:FTHM |
40.3% | $29.74 Million | $17.76 Million | USA | Jun 2026 |
| 29064 |
Chengdu Xingrong Investment Co Ltd
SHE:000598 |
40.3% |
CN¥21.93 Billion
≈ $3.21 Billion |
CN¥13.10 Billion | China | Mar 2026 |
| 29065 |
Foresight Group Holdings Limited
LSE:FSG |
40.2% |
GBX88.05 Million
≈ $10.71K |
GBX52.62 Million | UK | Sep 2025 |
| 29066 |
Faraday Future Intelligent Electric Inc.
NASDAQ:FFAI |
40.2% | $7.76 Million | $4.64 Million | USA | Dec 2025 |
| 29067 |
Avient Corp
NYSE:AVNT |
40.1% | $2.42 Billion | $1.45 Billion | USA | Mar 2026 |
| 29068 |
Snail, Inc.
NASDAQ:SNAL |
40.1% | $3.60 Million | $2.16 Million | USA | Mar 2025 |
| 29069 |
KLX Energy Services Holdings Inc
NASDAQ:KLXE |
40.0% | $2.50 Million | $1.50 Million | USA | Sep 2024 |
| 29070 |
ECN Capital Corp
TO:ECN |
39.9% |
CA$233.94 Million
≈ $169.23 Million |
CA$140.50 Million | Canada | Dec 2025 |
| 29071 |
Quaker Chemical Corporation
NYSE:KWR |
39.9% | $1.38 Billion | $829.48 Million | USA | Jun 2026 |
| 29072 |
GCL Global Holdings Ltd Ordinary Shares
NASDAQ:GCL |
39.9% | $36.01 Million | $21.64 Million | USA | Sep 2025 |
| 29073 |
GCL Global Holdings Ltd Warrants
NASDAQ:GCLWW |
39.9% | $36.01 Million | $21.64 Million | USA | Sep 2025 |
| 29074 |
Embotelladora Andina S.A
NYSE:AKO-B |
39.9% | $1.20 Trillion | $721.55 Billion | USA | Dec 2025 |
| 29075 |
Comtech Telecommunications Corp
NASDAQ:CMTL |
39.8% | $263.28 Million | $158.42 Million | USA | Apr 2026 |
| 29076 |
Sinch AB
ST:SINCH |
39.8% |
Skr22.98 Billion
≈ $2.47 Billion |
Skr13.83 Billion | Sweden | Jun 2026 |
| 29077 |
Amcor PLC
NYSE:AMCR |
39.8% | $11.65 Billion | $7.01 Billion | USA | Dec 2025 |
| 29078 |
Amcor plc
F:485 |
39.8% |
€11.65 Billion
≈ $13.62 Billion |
€7.01 Billion | Germany | Dec 2025 |
| 29079 |
J and Friends Holdings Limited
NASDAQ:JF |
39.8% | $42.51 Million | $25.59 Million | USA | Mar 2026 |
| 29080 |
Venus Metals Corporation Ltd
AU:VMC |
39.7% |
AU$66.36 Million
≈ $46.96 Million |
AU$40.00 Million | Australia | Dec 2025 |
| 29081 |
India Globalization Capital Inc
NYSE MKT:IGC |
39.7% | $8.09 Million | $4.88 Million | USA | Sep 2025 |
| 29082 |
Volaris
NYSE:VLRS |
39.7% | $68.00 Million | $41.00 Million | USA | Jun 2026 |
| 29083 |
Purple Capital Ltd
JSE:PPE |
39.7% |
ZAC869.91 Million
≈ $462.31K |
ZAC524.52 Million | South Africa | Feb 2026 |
| 29084 |
Mahaka Media Tbk
JK:ABBA |
39.7% |
Rp29.42 Billion
≈ $1.72 Million |
Rp17.75 Billion | Indonesia | Dec 2022 |
| 29085 |
Apontis Pharma AG
XETRA:APPH |
39.7% |
€31.62 Million
≈ $36.97 Million |
€19.08 Million | Germany | Jun 2025 |
| 29086 |
Perpetual Limited
F:PVQ |
39.7% |
€1.65 Billion
≈ $1.93 Billion |
€993.70 Million | Germany | Jun 2025 |
| 29087 |
Enerjisa Enerji AS
IS:ENJSA |
39.6% |
TL77.97 Billion
≈ $1.75 Billion |
TL47.06 Billion | Turkey | Mar 2025 |
| 29088 |
Savannah Resources Plc
LSE:SAV |
39.6% |
GBX50.91 Million
≈ $6.19K |
GBX30.74 Million | UK | Dec 2025 |
| 29089 |
Array Technologies Inc
NASDAQ:ARRY |
39.6% | $404.59 Million | $244.48 Million | USA | Sep 2025 |
| 29090 |
ADEIA CORP
NASDAQ:ADEA |
39.6% | $477.19 Million | $288.40 Million | USA | Jun 2026 |
| 29091 |
Xperi Corp
NYSE:XPER |
39.6% | $477.19 Million | $288.40 Million | USA | Jun 2026 |
| 29092 |
Trifork Holding AG
CO:TRIFOR |
39.5% |
Dkr147.10 Million
≈ $23.01 Million |
Dkr88.93 Million | Denmark | Mar 2026 |
| 29093 |
Meiwu Technology Co Ltd
NASDAQ:WNW |
39.5% | $49.39 Million | $29.89 Million | USA | Mar 2026 |
| 29094 |
Readytech Holdings Ltd
AU:RDY |
39.5% |
AU$138.77 Million
≈ $98.19 Million |
AU$83.99 Million | Australia | Dec 2025 |
| 29095 |
Softing AG
XETRA:SYT |
39.4% |
€48.30 Million
≈ $56.46 Million |
€29.26 Million | Germany | Mar 2026 |
| 29096 |
New Fortress Energy LLC
NASDAQ:NFE |
39.4% | $309.63 Million | $187.60 Million | USA | Mar 2026 |
| 29097 |
GoHealth Inc.
NASDAQ:GOCO |
39.4% | $333.98 Million | $202.47 Million | USA | Jun 2025 |
| 29098 |
Fingerprint Cards AB (publ)
ST:FING-B |
39.4% |
Skr286.80 Million
≈ $30.86 Million |
Skr173.90 Million | Sweden | Sep 2025 |
| 29099 |
Formula Systems 1985 Ltd ADR
NASDAQ:FORTY |
39.4% | $1.58 Billion | $956.58 Million | USA | Sep 2025 |
| 29100 |
First Advantage Corp
NASDAQ:FA |
39.3% | $1.29 Billion | $785.06 Million | USA | Jun 2026 |