Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

24.2%
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
29501 Telechips Inc
KQ:054450 		25.8% ₩190.18 Billion
≈ $128.88 Million 		₩141.20 Billion Korea Sep 2025
29502 Panoro Energy ASA
F:1PZ 		25.7% €223.07 Million
≈ $260.79 Million 		€165.63 Million Germany Dec 2025
29503 ASTELLAS PHARMA UNSP.ADR
F:YPHA 		25.7% €1.51 Trillion
≈ $1.77 Trillion 		€1.12 Trillion Germany Mar 2025
29504 Riwi Corp
V:RIWI 		25.7% CA$1.46 Million
≈ $1.05 Million 		CA$1.08 Million Canada Mar 2026
29505 Moleculin Biotech Inc
NASDAQ:MBRX 		25.7% $15.01 Million $11.15 Million USA Dec 2025
29506 Oxford BioMedica PLC
LSE:OXB 		25.7% GBX32.73 Million
≈ $3.98K 		GBX24.32 Million UK Jun 2025
29507 HWA AG
F:H9W 		25.7% €10.84 Million
≈ $12.67 Million 		€8.06 Million Germany Dec 2024
29508 Lifetime Brands Inc
NASDAQ:LCUT 		25.7% $184.65 Million $137.27 Million USA Sep 2025
29509 Centuria Capital Group
AU:CNI 		25.6% AU$1.50 Billion
≈ $1.06 Billion 		AU$1.11 Billion Australia Dec 2025
29510 Soluciones Cuatroochenta S.L.
MC:480S 		25.5% €12.80 Million
≈ $14.97 Million 		€9.53 Million Spain Jun 2025
29511 Fras-le S.A
SA:FRAS3 		25.5% R$2.43 Billion
≈ $477.13 Million 		R$1.81 Billion Brazil Sep 2025
29512 Liberty Tripadvisor Holdings Inc
NASDAQ:LTRPB 		25.4% $668.00 Million $498.00 Million USA Dec 2024
29513 Liberty TripAdvisor Holdings, Inc
NASDAQ:LTRPA 		25.4% $668.00 Million $498.00 Million USA Dec 2024
29514 Global Blue Group Holding Ltd
NYSE:GB 		25.4% $144.18 Million $107.61 Million USA Mar 2025
29515 Fobi AI Inc
V:FOBI 		25.2% CA$2.61 Million
≈ $1.89 Million 		CA$1.95 Million Canada Mar 2024
29516 KidariStudio Inc
KO:020120 		25.2% ₩203.89 Billion
≈ $138.18 Million 		₩152.51 Billion Korea Sep 2025
29517 Snipp Interactive Inc
V:SPN 		25.2% CA$4.46 Million
≈ $3.23 Million 		CA$3.34 Million Canada Mar 2026
29518 Venzee Technologies Inc
V:VENZ 		25.2% CA$7.29 Million
≈ $5.27 Million 		CA$5.45 Million Canada Dec 2025
29519 Tubos Reunidos S.A
MC:TRG 		25.2% €4.58 Million
≈ $5.36 Million 		€3.43 Million Spain Jun 2025
29520 AstraZeneca PLC
NYSE:AZN 		25.1% $50.31 Billion $37.68 Billion USA Jun 2026
29521 AstraZeneca PLC
LSE:AZN 		25.1% GBX50.63 Billion
≈ $6.16 Million 		GBX37.92 Billion UK Jun 2026
29522 BICO Group AB
ST:BICO 		25.1% Skr1.81 Billion
≈ $194.97 Million 		Skr1.36 Billion Sweden Aug 2025
29523 Movinn AS
CO:MOVINN 		25.0% Dkr5.47 Million
≈ $855.35K 		Dkr4.10 Million Denmark Mar 2026
29524 Penn National Gaming Inc
NASDAQ:PENN 		25.0% $1.85 Billion $1.39 Billion USA Jun 2026
29525 Brand 24 SA
WAR:B24 		25.0% zł13.78 Million
≈ $3.79 Million 		zł10.33 Million Poland Sep 2025
29526 Elders Ltd
AU:ELD 		25.0% AU$1.25 Billion
≈ $881.11 Million 		AU$933.92 Million Australia Mar 2026
29527 Magic Software Enterprises Ltd
TA:MGIC 		25.0% ILA300.83 Million
≈ $806.51K 		ILA225.70 Million Israel Sep 2025
29528 Karnov Group AB
ST:KAR 		25.0% Skr2.67 Billion
≈ $287.46 Million 		Skr2.00 Billion Sweden Mar 2026
29529 Mendus AB (publ)
ST:IMMU 		25.0% Skr565.14 Million
≈ $60.82 Million 		Skr424.09 Million Sweden Mar 2026
29530 Gilead Sciences Inc
NASDAQ:GILD 		24.9% $22.62 Billion $16.98 Billion USA Dec 2025
29531 Oracle Coalfields Plc
LSE:ORCP 		24.9% GBX6.85 Million
≈ $833.24 		GBX5.14 Million UK Dec 2025
29532 Vitec Software Group AB (publ)
ST:VIT-B 		24.9% Skr5.07 Billion
≈ $546.02 Million 		Skr3.81 Billion Sweden Jun 2026
29533 Alpine 4 Holdings Inc
NASDAQ:ALPP 		24.8% $20.59 Million $15.48 Million USA Mar 2024
29534 CXApp Inc.
NASDAQ:CXAI 		24.8% $15.95 Million $11.99 Million USA Mar 2026
29535 Retail Food Group Ltd
AU:RFG 		24.8% AU$196.93 Million
≈ $139.34 Million 		AU$148.12 Million Australia Dec 2025
29536 Alnylam Pharmaceuticals Inc
NASDAQ:ALNY 		24.8% $789.18 Million $593.73 Million USA Dec 2025
29537 Yaxing Chem
SHG:600319 		24.7% CN¥341.62 Million
≈ $49.99 Million 		CN¥257.16 Million China Mar 2026
29538 Waystream Holding AB (publ)
ST:WAYS 		24.7% Skr94.78 Million
≈ $10.20 Million 		Skr71.41 Million Sweden Jun 2026
29539 IQVIA Holdings Inc
NYSE:IQV 		24.6% $6.30 Billion $4.75 Billion USA Jun 2026
29540 Biosynex
PA:ALBIO 		24.6% €44.31 Million
≈ $51.80 Million 		€33.40 Million France Jun 2025
29541 Centrepoint Alliance Ltd
AU:CAF 		24.6% AU$34.68 Million
≈ $24.54 Million 		AU$26.14 Million Australia Dec 2025
29542 Deveron UAS Corp
V:FARM 		24.5% CA$29.15 Million
≈ $21.09 Million 		CA$22.01 Million Canada Mar 2024
29543 Embraer S.A.
NYSE:EMBJ 		24.5% $3.66 Billion $2.77 Billion USA Mar 2026
29544 Beijing SPC Environment Protection Tech Co Ltd
SHE:002573 		24.5% CN¥7.41 Billion
≈ $1.08 Billion 		CN¥5.60 Billion China Sep 2025
29545 Start Group
SHG:600734 		24.4% CN¥237.91 Million
≈ $34.81 Million 		CN¥179.75 Million China Mar 2026
29546 Matriks Bilgi Dagitim Hizmetleri AS
IS:MTRKS 		24.4% TL824.54 Million
≈ $18.47 Million 		TL623.12 Million Turkey Sep 2025
29547 Mesoblast Ltd
NASDAQ:MESO 		24.4% $574.68 Million $434.35 Million USA Dec 2025
29548 Mesoblast Limited
F:LWB 		24.4% €574.68 Million
≈ $671.87 Million 		€434.35 Million Germany Dec 2025
29549 Mesoblast Ltd
AU:MSB 		24.4% AU$574.68 Million
≈ $406.63 Million 		AU$434.35 Million Australia Dec 2025
29550 Europris ASA
OL:EPR 		24.4% Nkr4.32 Billion
≈ $454.27 Million 		Nkr3.26 Billion Norway Dec 2025
29551 Venus Concept Inc
NASDAQ:VERO 		24.2% $3.13 Million $2.38 Million USA Sep 2025
29552 Coherus BioSciences Inc
NASDAQ:CHRS 		24.2% $61.01 Million $46.24 Million USA Dec 2025
29553 Candles Scandinavia AB Series B
ST:CANDLE-B 		24.2% Skr147.85 Million
≈ $15.91 Million 		Skr112.13 Million Sweden Jan 2026
29554 Shenzhen Expressway Company Limited
F:SHZH 		24.2% €32.55 Billion
≈ $38.05 Billion 		€24.68 Billion Germany Mar 2026
29555 Shenzhen Expressway Co Ltd
SHG:600548 		24.2% CN¥32.55 Billion
≈ $4.76 Billion 		CN¥24.68 Billion China Mar 2026
29556 DLH Holdings Corp
NASDAQ:DLHC 		24.2% $110.27 Million $83.64 Million USA Mar 2026
29557 Chart Industries Inc
NYSE:GTLS 		24.1% $3.37 Billion $2.56 Billion USA Sep 2025
29558 Zabka Group S.A.
WAR:ZAB 		24.1% zł1.54 Billion
≈ $423.99 Million 		zł1.17 Billion Poland Jun 2025
29559 MSCI Inc
NYSE:MSCI 		24.0% $378.44 Million $287.44 Million USA Sep 2018
29560 Navamedic ASA
OL:NAVA 		24.0% Nkr312.90 Million
≈ $32.93 Million 		Nkr237.75 Million Norway Mar 2026
29561 Compumedics Ltd
AU:CMP 		24.0% AU$21.82 Million
≈ $15.44 Million 		AU$16.59 Million Australia Jun 2025
29562 Grupo Aeroportuario del Pacífico S.A.B. de C.V
F:G9N 		24.0% €55.26 Billion
≈ $64.61 Billion 		€42.00 Billion Germany Jun 2026
29563 MEDAPP S.A. ZY -10
F:WQ1 		23.9% €26.82 Million
≈ $31.35 Million 		€20.39 Million Germany Dec 2025
29564 GIGLIO.COM S.P.A. O.N.
F:5JR0 		23.9% €7.84 Million
≈ $9.17 Million 		€5.97 Million Germany Dec 2024
29565 Diebold Nixdorf, Incorporated
NYSE:DBD 		23.9% $976.50 Million $743.20 Million USA Jun 2026
29566 Purple Biotech
NASDAQ:PPBT 		23.8% $9.66 Million $7.36 Million USA Mar 2026
29567 MilDef Group AB
ST:MILDEF 		23.8% Skr1.66 Billion
≈ $178.41 Million 		Skr1.26 Billion Sweden Jun 2026
29568 Warner Bros Discovery Inc
NASDAQ:WBD 		23.7% $33.99 Billion $25.92 Billion USA Jun 2026
29569 Ortel Communications Limited
NSE:ORTEL 		23.6% Rs206.47 Million
≈ $2.23 Million 		Rs157.65 Million India Mar 2018
29570 Ordinary Fully Paid Deferred Settlement
AU:1TTDB 		23.6% AU$2.13 Million
≈ $1.51 Million 		AU$1.63 Million Australia Dec 2024
29571 Essensys PLC
LSE:ESYS 		23.6% GBX9.30 Million
≈ $1.13K 		GBX7.11 Million UK Jan 2026
29572 News Network Corporation Public Company Limited
BK:NEWS 		23.5% ฿979.75 Million
≈ $30.54 Million 		฿749.07 Million Thailand Sep 2025
29573 Rosebank Industries PLC
LSE:ROSE 		23.5% GBX1.57 Billion
≈ $191.02K 		GBX1.20 Billion UK Dec 2025
29574 Dillistone Group PLC
LSE:DSG 		23.4% GBX3.29 Million
≈ $400.05 		GBX2.52 Million UK Jun 2025
29575 Heritage Distilling Holding Company, Inc.
NASDAQ:IPST 		23.4% $32.41 Million $24.84 Million USA Mar 2026
29576 Emergent Biosolutions Inc
NYSE:EBS 		23.3% $341.40 Million $261.80 Million USA Jun 2026
29577 Alm. Brand
CO:ALMB 		23.3% Dkr11.97 Billion
≈ $1.87 Billion 		Dkr9.18 Billion Denmark Dec 2025
29578 Idp Education Ltd
AU:IEL 		23.3% AU$451.19 Million
≈ $319.25 Million 		AU$346.27 Million Australia Dec 2025
29579 Mlk Foods Public Company Ltd
WAR:MLK 		23.2% zł2.10 Million
≈ $578.23K 		zł1.61 Million Poland Sep 2018
29580 Guangdong Shunkong Development Co Ltd
SHE:003039 		23.2% CN¥3.78 Billion
≈ $553.04 Million 		CN¥2.90 Billion China Sep 2025
29581 Sildarvinnslan Hf.
IC:SVN 		23.2% Ikr686.88 Million
≈ $5.60 Million 		Ikr527.85 Million Iceland Jun 2025
29582 Donegal Group B Inc
NASDAQ:DGICB 		23.1% $1.25 Billion $958.01 Million USA Mar 2026
29583 GREMI MEDIA S.A. ZY 4
F:4C8 		23.1% €78.48 Million
≈ $91.76 Million 		€60.32 Million Germany Mar 2026
29584 BigBen Interactive
PA:BIG 		23.1% €338.93 Million
≈ $396.24 Million 		€260.52 Million France Mar 2025
29585 Altshuler Shaham Financial LTD
TA:ALTF 		22.9% ILA631.52 Million
≈ $1.69 Million 		ILA486.71 Million Israel Mar 2026
29586 Companhia Paranaense de Energia - COPEL
NYSE:ELPC 		22.9% $24.44 Billion $18.84 Billion USA Mar 2026
29587 Companhia Paranaense de Energia - COPEL
SA:CPLE3 		22.9% R$24.75 Billion
≈ $4.86 Billion 		R$19.08 Billion Brazil Mar 2026
29588 Cheffelo AB
ST:CHEF 		22.9% Skr423.01 Million
≈ $45.52 Million 		Skr326.35 Million Sweden Sep 2025
29589 Petards Group plc
LSE:PEG 		22.8% GBX6.08 Million
≈ $740.25 		GBX4.70 Million UK Jun 2025
29590 Real Heart
ST:HEART 		22.8% Skr74.35 Million
≈ $8.00 Million 		Skr57.43 Million Sweden Jun 2025
29591 Cosan S.A
SA:CSAN3 		22.7% R$32.05 Billion
≈ $6.29 Billion 		R$24.78 Billion Brazil Sep 2025
29592 Hensoldt AG
F:HAG 		22.7% €978.00 Million
≈ $1.14 Billion 		€756.00 Million Germany Jun 2026
29593 Hamak Gold Ltd
LSE:HAMA 		22.7% GBX1.03 Million
≈ $124.96 		GBX794.00K UK Jun 2025
29594 Shanxi Lanhua Sci-Tech Venture Co Ltd
SHG:600123 		22.7% CN¥15.42 Billion
≈ $2.26 Billion 		CN¥11.92 Billion China Sep 2025
29595 Shanghai Guijiu Co Ltd
SHG:600696 		22.7% CN¥213.43 Million
≈ $31.23 Million 		CN¥165.04 Million China Mar 2026
29596 Shenzhen Wenke Landscape Co Ltd
SHE:002775 		22.7% CN¥82.00 Million
≈ $12.00 Million 		CN¥63.41 Million China Mar 2026
29597 GridAI Technologies Corp.
NASDAQ:GRDX 		22.7% $27.49 Million $21.26 Million USA Mar 2026
29598 LS telcom AG
XETRA:LSX 		22.6% €14.77 Million
≈ $17.27 Million 		€11.43 Million Germany Sep 2025
29599 Streamwide
PA:ALSTW 		22.6% €27.23 Million
≈ $31.83 Million 		€21.08 Million France Jun 2025
29600 Forafric Global PLC Ordinary Shares
NASDAQ:AFRI 		22.5% $6.66 Million $5.16 Million USA Mar 2026