Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
100.0%
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 |
|---|---|---|---|---|---|---|
| 201 |
Southern Concrete Pile PCL
BK:SCP |
100.0% |
฿2.30 Billion
≈ $71.58 Million |
฿0.00 | Thailand | Mar 2026 |
| 202 |
Tufton Oceanic Assets Ltd
LSE:SHIP |
100.0% | $371.68 Million | $0.00 | UK | Dec 2025 |
| 203 |
Develop Global Ltd
AU:DVP |
100.0% |
AU$639.31 Million
≈ $452.35 Million |
AU$0.00 | Australia | Dec 2025 |
| 204 |
49 North Resources Inc
V:FNR |
100.0% |
CA$9.91 Million
≈ $7.17 Million |
CA$0.00 | Canada | Mar 2026 |
| 205 |
Javelin Minerals Ltd
AU:JAV |
100.0% |
AU$13.85 Million
≈ $9.80 Million |
AU$0.00 | Australia | Dec 2025 |
| 206 |
Plenti Group Ltd
AU:PLT |
100.0% |
AU$88.73 Million
≈ $62.78 Million |
AU$0.00 | Australia | Mar 2026 |
| 207 |
Surya Biru Murni Acetylene Tbk PT
JK:SBMA |
100.0% |
Rp234.47 Billion
≈ $13.74 Million |
Rp0.00 | Indonesia | Sep 2025 |
| 208 |
Verusa Holding AS
IS:VERUS |
100.0% |
TL7.63 Billion
≈ $171.00 Million |
TL0.00 | Turkey | Sep 2025 |
| 209 |
Enveric Biosciences Inc
NASDAQ:ENVB |
100.0% | $3.46 Million | $0.00 | USA | Sep 2025 |
| 210 |
NB Distressed Debt Inv Extended Life
LSE:NBDX |
100.0% | $61.34 Million | $0.00 | UK | Jun 2025 |
| 211 |
Vinyl Chemicals (India) Limited
NSE:VINYLINDIA |
100.0% |
Rs1.30 Billion
≈ $14.09 Million |
Rs0.00 | India | Mar 2026 |
| 212 |
Advanced Connection Technology
TWO:3492 |
100.0% |
NT$670.51 Million
≈ $21.12 Million |
NT$0.00 | Taiwan | Mar 2026 |
| 213 |
Alkali Metals Limited
NSE:ALKALI |
100.0% |
Rs446.89 Million
≈ $4.83 Million |
Rs0.00 | India | Mar 2026 |
| 214 |
Polski Holding Nieruchomości SA
WAR:PHN |
100.0% |
zł2.27 Billion
≈ $625.87 Million |
zł0.00 | Poland | Mar 2026 |
| 215 |
Frequency Electronics Inc
NASDAQ:FEIM |
100.0% | $58.45 Million | $0.00 | USA | Oct 2025 |
| 216 |
Amaero Ltd
AU:3DA |
100.0% |
AU$54.23 Million
≈ $38.37 Million |
AU$0.00 | Australia | Jun 2025 |
| 217 |
Blackrock Multi Sector Income Closed Fund
NYSE:BIT |
100.0% | $793.82 Million | $0.00 | USA | Oct 2025 |
| 218 |
AM Resources Corp
V:AMR |
100.0% |
CA$171.19K
≈ $123.84K |
CA$0.00 | Canada | Sep 2023 |
| 219 |
CNS Pharmaceuticals Inc
NASDAQ:CNSP |
100.0% | $70.70K | $0.00 | USA | Mar 2026 |
| 220 |
Tiong Nam Logistics Holdings Bhd
KLSE:8397 |
100.0% |
RM1.07 Billion
≈ $269.04 Million |
RM0.00 | Malaysia | Sep 2025 |
| 221 |
ABEONA THERAPEUT. DL-01
F:PCJ |
100.0% |
€159.22 Million
≈ $186.14 Million |
€0.00 | Germany | Dec 2025 |
| 222 |
SPRINGFIELD PROP. LS-125
F:9MZ |
100.0% |
€171.93 Million
≈ $201.01 Million |
€0.00 | Germany | Nov 2025 |
| 223 |
Poolia AB (publ)
ST:POOL-B |
100.0% |
Skr226.10 Million
≈ $24.33 Million |
Skr0.00 | Sweden | Sep 2022 |
| 224 |
Chinese Gamer International
TWO:3083 |
100.0% |
NT$1.34 Billion
≈ $42.07 Million |
NT$0.00 | Taiwan | Mar 2026 |
| 225 |
Zedcor Energy
V:ZDC |
100.0% |
CA$92.75 Million
≈ $67.10 Million |
CA$0.00 | Canada | Mar 2026 |
| 226 |
Westpac Banking Corporation
AU:WBCPI |
100.0% |
AU$72.35 Billion
≈ $51.19 Billion |
AU$0.00 | Australia | Mar 2025 |
| 227 |
Able View Global Inc. Class B Ordinary Shares
NASDAQ:ABLV |
100.0% | $7.77 Million | $0.00 | USA | Mar 2026 |
| 228 |
Trilogy Metals Inc
TO:TMQ |
100.0% |
CA$121.48 Million
≈ $87.88 Million |
CA$0.00 | Canada | Feb 2026 |
| 229 |
Aarey Drugs & Pharmaceuticals Limited
NSE:AAREYDRUGS |
100.0% |
Rs1.49 Billion
≈ $16.10 Million |
Rs0.00 | India | Sep 2025 |
| 230 |
BIOEXTRAX AB
F:85X0 |
100.0% |
€16.89 Million
≈ $19.74 Million |
€0.00 | Germany | Mar 2026 |
| 231 |
AVI LTD (UNSP.ADR)/5
F:IZ60 |
100.0% |
€5.57 Billion
≈ $6.51 Billion |
€0.00 | Germany | Dec 2025 |
| 232 |
ITEQ Corp
TW:6213 |
100.0% |
NT$21.10 Billion
≈ $664.63 Million |
NT$0.00 | Taiwan | Mar 2026 |
| 233 |
Torr Metals Inc
V:TMET |
100.0% |
CA$6.27 Million
≈ $4.54 Million |
CA$0.00 | Canada | Jan 2026 |
| 234 |
HBM Healthcare Investments
SW:HBMN |
100.0% |
CHF1.86 Billion
≈ $2.36 Billion |
CHF0.00 | Switzerland | Dec 2025 |
| 235 |
C4 Therapeutics Inc
NASDAQ:CCCC |
100.0% | $234.25 Million | $0.00 | USA | Mar 2026 |
| 236 |
Legacy Minerals Holdings Ltd
AU:LGM |
100.0% |
AU$14.59 Million
≈ $10.32 Million |
AU$0.00 | Australia | Dec 2025 |
| 237 |
Scout Gaming Group AB
ST:SCOUT |
100.0% |
Skr16.66 Million
≈ $1.79 Million |
Skr0.00 | Sweden | Dec 2025 |
| 238 |
GT Biopharma Inc
NASDAQ:GTBP |
100.0% | $7.58 Million | $0.00 | USA | Mar 2026 |
| 239 |
Aetherium Acquisition Corp
NASDAQ:GMFI |
100.0% | $9.42 Million | $0.00 | USA | Jun 2025 |
| 240 |
Datavan International
TWO:3521 |
100.0% |
NT$1.30 Billion
≈ $40.90 Million |
NT$0.00 | Taiwan | Sep 2025 |
| 241 |
Novem Group S.A.
F:NVM |
100.0% |
€94.50 Million
≈ $110.48 Million |
€0.00 | Germany | Dec 2025 |
| 242 |
Herantis Pharma Oyj
HE:HRTIS |
100.0% |
€1.75 Million
≈ $2.04 Million |
€0.00 | Finland | Jun 2025 |
| 243 |
Grandjoy Holdings Group Co Ltd
SHE:000031 |
100.0% |
CN¥41.16 Billion
≈ $6.02 Billion |
CN¥0.00 | China | Sep 2025 |
| 244 |
Capitol Nusantara Indonesia
JK:CANI |
100.0% |
Rp1.20 Million
≈ $70.60 |
Rp0.00 | Indonesia | Sep 2016 |
| 245 |
Commerce Split Corp
TO:YCM |
100.0% |
CA$1.96 Million
≈ $1.42 Million |
CA$0.00 | Canada | May 2024 |
| 246 |
Libero Copper Corp
V:LBC |
100.0% |
CA$3.17 Million
≈ $2.29 Million |
CA$0.00 | Canada | Mar 2025 |
| 247 |
TG Metals Ltd
AU:TG6 |
100.0% |
AU$12.37 Million
≈ $8.75 Million |
AU$0.00 | Australia | Jun 2025 |
| 248 |
Bridgford Foods Corporation
NASDAQ:BRID |
100.0% | $109.78 Million | $0.00 | USA | May 2026 |
| 249 |
GPM Metals Inc
V:GPM |
100.0% |
CA$1.30 Million
≈ $937.89K |
CA$0.00 | Canada | Sep 2025 |
| 250 |
Hod Assaf Industries Ltd
TA:HOD |
100.0% |
ILA785.83 Million
≈ $2.11 Million |
ILA0.00 | Israel | Mar 2026 |
| 251 |
BCB Bhd
KLSE:6602 |
100.0% |
RM578.79 Million
≈ $145.31 Million |
RM0.00 | Malaysia | Jun 2025 |
| 252 |
Ellen AB (publ)
ST:ELN |
100.0% |
Skr3.58 Million
≈ $385.37K |
Skr0.00 | Sweden | Jun 2025 |
| 253 |
Westmount Energy Limited
LSE:WTE |
100.0% |
GBX4.15 Million
≈ $505.32 |
GBX0.00 | UK | Dec 2025 |
| 254 |
CT Global Managed Portfolio Trust PLC
LSE:CMPI |
100.0% |
GBX152.38 Million
≈ $18.54K |
GBX0.00 | UK | May 2025 |
| 255 |
Eastern Metals Ltd
AU:EMS |
100.0% |
AU$911.37K
≈ $644.85K |
AU$0.00 | Australia | Jun 2025 |
| 256 |
Lakes Oil NL
AU:LKO |
100.0% |
AU$17.44 Million
≈ $12.34 Million |
AU$0.00 | Australia | Jun 2025 |
| 257 |
Materials Analysis Technology
TWO:3587 |
100.0% |
NT$5.12 Billion
≈ $161.22 Million |
NT$0.00 | Taiwan | Mar 2026 |
| 258 |
Mader Group Ltd
AU:MAD |
100.0% |
AU$234.52 Million
≈ $165.94 Million |
AU$0.00 | Australia | Dec 2025 |
| 259 |
AimCore Technology Co Ltd
TWO:3615 |
100.0% |
NT$2.43 Billion
≈ $76.44 Million |
NT$0.00 | Taiwan | Sep 2025 |
| 260 |
Mongolia Growth Group Ltd.
V:YAK |
100.0% |
CA$33.99 Million
≈ $24.59 Million |
CA$0.00 | Canada | Sep 2025 |
| 261 |
Tiziana Life Sciences Ltd
NASDAQ:TLSA |
100.0% | $52.00K | $0.00 | USA | Mar 2026 |
| 262 |
EA Technique M Bhd
KLSE:5259 |
100.0% |
RM337.83 Million
≈ $84.82 Million |
RM0.00 | Malaysia | Dec 2025 |
| 263 |
Bali Towerindo Sentra Tbk
JK:BALI |
100.0% |
Rp2.52 Trillion
≈ $147.75 Million |
Rp0.00 | Indonesia | Sep 2025 |
| 264 |
MEDIFAST INC
NYSE:MED |
100.0% | $196.38 Million | $0.00 | USA | Jun 2026 |
| 265 |
Global Energy Metals Corp
V:GEMC |
100.0% |
CA$3.84 Million
≈ $2.78 Million |
CA$0.00 | Canada | Mar 2026 |
| 266 |
Vinacafe Bien Hoa JSC
VN:VCF |
100.0% |
₫2.14 Trillion
≈ $81.46 Million |
₫0.00 | Vietnam | Jun 2025 |
| 267 |
JHM Consolidation Bhd
KLSE:0127 |
100.0% |
RM289.66 Million
≈ $72.72 Million |
RM0.00 | Malaysia | Mar 2026 |
| 268 |
Tailyn Technologies
TWO:5353 |
100.0% |
NT$1.36 Billion
≈ $42.98 Million |
NT$0.00 | Taiwan | Mar 2026 |
| 269 |
Peregrine Gold Ltd
AU:PGD |
100.0% |
AU$7.00 Million
≈ $4.95 Million |
AU$0.00 | Australia | Dec 2025 |
| 270 |
SBI Life Insurance Company Limited
NSE:SBILIFE |
100.0% |
Rs201.21 Billion
≈ $2.18 Billion |
Rs0.00 | India | Jun 2026 |
| 271 |
TQM CORPORATION
BK:TQM-R |
100.0% |
฿3.28 Billion
≈ $102.14 Million |
฿0.00 | Thailand | Sep 2024 |
| 272 |
The Bancorp Inc
NASDAQ:TBBK |
100.0% | $705.38 Million | $0.00 | USA | Jun 2026 |
| 273 |
Rockfire Resources plc
LSE:ROCK |
100.0% |
GBX5.99 Million
≈ $728.36 |
GBX0.00 | UK | Jun 2025 |
| 274 |
ParaZero Technologies Ltd. Ordinary Shares
NASDAQ:PRZO |
100.0% | $990.45K | $0.00 | USA | Dec 2025 |
| 275 |
Hep Tech Co Ltd
TWO:3609 |
100.0% |
NT$563.58 Million
≈ $17.76 Million |
NT$0.00 | Taiwan | Sep 2025 |
| 276 |
GUH Holdings Bhd
KLSE:3247 |
100.0% |
RM511.32 Million
≈ $128.38 Million |
RM0.00 | Malaysia | Mar 2026 |
| 277 |
I-Mab
NASDAQ:IMAB |
100.0% | $258.92 Million | $0.00 | USA | Sep 2025 |
| 278 |
Cosmos Exploration Ltd
AU:C1X |
100.0% |
AU$2.73 Million
≈ $1.93 Million |
AU$0.00 | Australia | Dec 2025 |
| 279 |
IGO LTD SP.ADR/2
F:IDZ1 |
100.0% |
€2.09 Billion
≈ $2.45 Billion |
€0.00 | Germany | Jun 2025 |
| 280 |
Shih Wei Navigation Co Ltd
TW:5608 |
100.0% |
NT$9.74 Billion
≈ $306.80 Million |
NT$0.00 | Taiwan | Mar 2026 |
| 281 |
Saunders International Ltd
AU:SND |
100.0% |
AU$52.32 Million
≈ $37.02 Million |
AU$0.00 | Australia | Jun 2025 |
| 282 |
American Pacific Mining Corp
F:1QC1 |
100.0% |
€37.87 Million
≈ $44.27 Million |
€0.00 | Germany | Sep 2025 |
| 283 |
FLYNN Gold Ltd
AU:FG1 |
100.0% |
AU$846.69K
≈ $599.09K |
AU$0.00 | Australia | Jun 2025 |
| 284 |
Digjam Limited
NSE:DIGJAMLMTD |
100.0% |
Rs44.17 Million
≈ $477.68K |
Rs0.00 | India | Mar 2026 |
| 285 |
Rashtriya Chemicals and Fertilizers Limited
NSE:RCF |
100.0% |
Rs51.21 Billion
≈ $553.84 Million |
Rs0.00 | India | Mar 2026 |
| 286 |
Vidhi Specialty Food Ingredients Limited
NSE:VIDHIING |
100.0% |
Rs3.28 Billion
≈ $35.45 Million |
Rs0.00 | India | Mar 2026 |
| 287 |
Green Ocean Corporation Bhd
KLSE:0074 |
100.0% |
RM65.89 Million
≈ $16.54 Million |
RM0.00 | Malaysia | Jun 2025 |
| 288 |
Sotherly Hotels Inc Series B Pref
NASDAQ:SOHOB |
100.0% | $28.26 Million | $0.00 | USA | Mar 2026 |
| 289 |
Platinex Inc
F:9PX |
100.0% |
€11.86 Million
≈ $13.87 Million |
€0.00 | Germany | Dec 2025 |
| 290 |
Sinkang Industries Co Ltd
TW:2032 |
100.0% |
NT$1.75 Billion
≈ $55.26 Million |
NT$0.00 | Taiwan | Mar 2026 |
| 291 |
Petronas Dagangan Bhd
KLSE:5681 |
100.0% |
RM5.89 Billion
≈ $1.48 Billion |
RM0.00 | Malaysia | Mar 2026 |
| 292 |
Vantex Resources Ltd
V:VAX |
100.0% |
CA$883.87K
≈ $639.38K |
CA$0.00 | Canada | Oct 2023 |
| 293 |
Nuveen Select Tax-Free Income Portfolio
NYSE:NXP |
100.0% | $887.33 Million | $0.00 | USA | Mar 2026 |
| 294 |
Sirius Real Estate Ltd
JSE:SRE |
100.0% |
ZAC1.71 Billion
≈ $906.54K |
ZAC0.00 | South Africa | Sep 2025 |
| 295 |
AIM Commercial Growth Freehold And Leasehold Real Estate Investment Trust
BK:AIMCG |
100.0% |
฿2.31 Billion
≈ $71.95 Million |
฿0.00 | Thailand | Mar 2026 |
| 296 |
Sand Nisko Capital Bhd
KLSE:7943 |
100.0% |
RM95.37 Million
≈ $23.94 Million |
RM0.00 | Malaysia | Mar 2026 |
| 297 |
NovaBay Pharmaceuticals Inc
NYSE MKT:NBY |
100.0% | $1.63 Million | $0.00 | USA | Sep 2025 |
| 298 |
Syntek Semiconductor Co Ltd
TWO:5302 |
100.0% |
NT$1.25 Billion
≈ $39.37 Million |
NT$0.00 | Taiwan | Mar 2026 |
| 299 |
Sino-German United AG
F:SGU |
100.0% |
€1.19 Million
≈ $1.40 Million |
€0.00 | Germany | Dec 2025 |
| 300 |
BHP Group
MX:BHPN |
100.0% |
MX$55.47 Billion
≈ $3.19 Billion |
MX$0.00 | Mexico | Dec 2025 |