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
31,564
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 |
Grupo Cibest S.A.
NYSE:CIB |
100.0% | $37.62 Trillion | $0.00 | USA | Mar 2026 |
| 202 |
ALM EQUITY AB
F:I53 |
100.0% |
€2.35 Billion
≈ $2.75 Billion |
€0.00 | Germany | Dec 2025 |
| 203 |
Seven Hills Realty Trust
NASDAQ:SEVN |
100.0% | $320.67 Million | $0.00 | USA | Jun 2026 |
| 204 |
Erria A/S
CO:ERRIA |
100.0% |
Dkr13.34 Million
≈ $2.09 Million |
Dkr0.00 | Denmark | Jun 2025 |
| 205 |
Canadian Life Companies Split Corp
TO:LFE |
100.0% |
CA$117.20 Million
≈ $84.78 Million |
CA$0.00 | Canada | Nov 2025 |
| 206 |
Hypothekarbank Lenzburg AG
SW:HBLN |
100.0% |
CHF591.73 Million
≈ $748.10 Million |
CHF0.00 | Switzerland | Jun 2025 |
| 207 |
Wong Engineering Corporation Bhd
KLSE:7050 |
100.0% |
RM77.72 Million
≈ $19.51 Million |
RM0.00 | Malaysia | Oct 2025 |
| 208 |
Golden Heaven Group Holdings Ltd. Ordinary Shares
NASDAQ:GDHG |
100.0% | $180.65 Million | $0.00 | USA | Dec 2025 |
| 209 |
Eastern Star Real Estate Public Company Limited
BK:ESTAR |
100.0% |
฿5.13 Billion
≈ $159.94 Million |
฿0.00 | Thailand | Mar 2026 |
| 210 |
Upgrade Invest Nordic AB
ST:UPGRAD |
100.0% |
Skr4.86 Million
≈ $523.12K |
Skr0.00 | Sweden | Jun 2026 |
| 211 |
01 Communique Laboratory Inc
V:ONE |
100.0% |
CA$3.30 Million
≈ $2.39 Million |
CA$0.00 | Canada | Jan 2026 |
| 212 |
Mastersystem Infotama Tbk.
JK:MSTI |
100.0% |
Rp2.40 Trillion
≈ $140.75 Million |
Rp0.00 | Indonesia | Mar 2026 |
| 213 |
RightBridge Ventures Group AB
ST:RIGHTB |
100.0% |
Skr43.84 Million
≈ $4.72 Million |
Skr0.00 | Sweden | Sep 2023 |
| 214 |
Azaria Rental SOCIMI S.A.
MC:YAZR |
100.0% |
€43.74 Million
≈ $51.13 Million |
€0.00 | Spain | Dec 2022 |
| 215 |
Research Frontiers Incorporated
NASDAQ:REFR |
100.0% | $1.78 Million | $0.00 | USA | Mar 2026 |
| 216 |
Thai Nippon Rubber Industry Public Co. Ltd
BK:TNR |
100.0% |
฿1.31 Billion
≈ $40.90 Million |
฿0.00 | Thailand | Sep 2025 |
| 217 |
Gullewa Ltd
AU:GUL |
100.0% |
AU$21.90 Million
≈ $15.50 Million |
AU$0.00 | Australia | Dec 2025 |
| 218 |
Kim Hin Joo
KLSE:0210 |
100.0% |
RM68.01 Million
≈ $17.08 Million |
RM0.00 | Malaysia | Dec 2025 |
| 219 |
Recon Technology Ltd
NASDAQ:RCON |
100.0% | $451.07 Million | $0.00 | USA | Dec 2025 |
| 220 |
Photomyne Ltd
TA:PHTM |
100.0% |
ILA5.46 Million
≈ $14.63K |
ILA0.00 | Israel | Jun 2025 |
| 221 |
UCrest Bhd
KLSE:0005 |
100.0% |
RM41.85 Million
≈ $10.51 Million |
RM0.00 | Malaysia | Dec 2025 |
| 222 |
Pelikan International Corp
KLSE:5231 |
100.0% |
RM61.21 Million
≈ $15.37 Million |
RM0.00 | Malaysia | Mar 2026 |
| 223 |
Sky Energy Indonesia Tbk PT
JK:JSKY |
100.0% |
Rp108.94 Billion
≈ $6.38 Million |
Rp0.00 | Indonesia | Sep 2022 |
| 224 |
Theriva Biologics Inc.
NYSE MKT:TOVX |
100.0% | $15.40 Million | $0.00 | USA | Mar 2026 |
| 225 |
Grupo Financiero Galicia S.A
F:GF4 |
100.0% |
€8.59 Trillion
≈ $10.04 Trillion |
€0.00 | Germany | Mar 2026 |
| 226 |
MEI Pharma Inc
NASDAQ:MEIP |
100.0% | $16.93 Million | $0.00 | USA | Jun 2025 |
| 227 |
Bounty Oil & Gas NL
AU:BUY |
100.0% |
AU$3.77 Million
≈ $2.67 Million |
AU$0.00 | Australia | Dec 2025 |
| 228 |
Arrowmark Financial Corp
NASDAQ:BANX |
100.0% | $171.54 Million | $0.00 | USA | Dec 2025 |
| 229 |
Willow Biosciences Inc
TO:WLLW |
100.0% |
CA$195.00K
≈ $141.06K |
CA$0.00 | Canada | Sep 2024 |
| 230 |
Orla Mining Ltd
TO:OLA |
100.0% |
CA$756.96 Million
≈ $547.58 Million |
CA$0.00 | Canada | Mar 2026 |
| 231 |
Invictus Energy Ltd
AU:IVZ |
100.0% |
AU$134.17 Million
≈ $94.94 Million |
AU$0.00 | Australia | Dec 2025 |
| 232 |
Paramita Bangun Sarana Tbk PT
JK:PBSA |
100.0% |
Rp768.13 Billion
≈ $45.01 Million |
Rp0.00 | Indonesia | Sep 2025 |
| 233 |
HELIX Resources Ltd
AU:HLX |
100.0% |
AU$21.35 Million
≈ $15.11 Million |
AU$0.00 | Australia | Dec 2025 |
| 234 |
ADAGENE INC. SP.ADR
F:978 |
100.0% |
€35.35 Million
≈ $41.33 Million |
€0.00 | Germany | Dec 2025 |
| 235 |
KR1 PLC LS -0019
F:K4H |
100.0% Annual |
€139.40 Million
≈ $162.98 Million |
€0.00 | Germany | Dec 2024 |
| 236 |
Bisi International Tbk
JK:BISI |
100.0% |
Rp3.54 Trillion
≈ $207.63 Million |
Rp0.00 | Indonesia | Mar 2026 |
| 237 |
Focus Universal Inc
NASDAQ:FCUV |
100.0% | $845.58K | $0.00 | USA | Jun 2025 |
| 238 |
True North Commercial Real Estate Investment Trust
TO:TNT-UN |
100.0% |
CA$392.82 Million
≈ $284.16 Million |
CA$0.00 | Canada | Sep 2025 |
| 239 |
Century Aluminum Company
NASDAQ:CENX |
100.0% | $1.53 Billion | $0.00 | USA | Jun 2026 |
| 240 |
K9 Gold Corp
V:KNC |
100.0% |
CA$6.48 Million
≈ $4.69 Million |
CA$0.00 | Canada | Jun 2024 |
| 241 |
Mundoro Capital Inc
V:MUN |
100.0% |
CA$2.73 Million
≈ $1.97 Million |
CA$0.00 | Canada | Sep 2025 |
| 242 |
Mount Gibson Iron Limited
F:FWQ |
100.0% |
€546.17 Million
≈ $638.53 Million |
€0.00 | Germany | Jun 2024 |
| 243 |
Arrow Exploration Corp
V:AXL |
100.0% |
CA$58.96 Million
≈ $42.65 Million |
CA$0.00 | Canada | Mar 2026 |
| 244 |
Kambi Group PLC Series B
IL:0EAW |
100.0% |
Skr171.07 Million
≈ $18.41 Million |
Skr0.00 | UK | Jun 2025 |
| 245 |
La Finca Global Assets SOCIMI S.A.
MC:YLFG |
100.0% |
€115.59 Million
≈ $135.14 Million |
€0.00 | Spain | Dec 2025 |
| 246 |
Aruma Resources Ltd
AU:AAJ |
100.0% |
AU$1.93 Million
≈ $1.36 Million |
AU$0.00 | Australia | Dec 2025 |
| 247 |
GlucoTrack Inc
NASDAQ:GCTK |
100.0% | $2.83 Million | $0.00 | USA | Dec 2025 |
| 248 |
Vision Sigma
TA:VISN |
100.0% |
ILA110.53 Million
≈ $296.32K |
ILA0.00 | Israel | Dec 2025 |
| 249 |
Equity Lifestyle Properties Inc
NYSE:ELS |
100.0% | $1.82 Billion | $0.00 | USA | Mar 2026 |
| 250 |
Baumart Holdings Ltd
AU:BMH |
100.0% |
AU$528.93K
≈ $374.25K |
AU$0.00 | Australia | Jun 2025 |
| 251 |
Wallbridge Mining Company Limited
TO:WM |
100.0% |
CA$344.41 Million
≈ $249.14 Million |
CA$0.00 | Canada | Jun 2026 |
| 252 |
CDT Environmental Technology Investment Holdings Limited ordinary shares
NASDAQ:CDTG |
100.0% | $4.38 Million | $0.00 | USA | Mar 2026 |
| 253 |
Vsolar Group Bhd
KLSE:0066 |
100.0% |
RM96.19 Million
≈ $24.15 Million |
RM0.00 | Malaysia | Jun 2026 |
| 254 |
KNEAT.COM INC.
F:FOBK |
100.0% |
€65.02 Million
≈ $76.02 Million |
€0.00 | Germany | Dec 2025 |
| 255 |
Acdc Metals Ltd
AU:ADC |
100.0% |
AU$10.13 Million
≈ $7.17 Million |
AU$0.00 | Australia | Jun 2025 |
| 256 |
Treasure ASA
OL:TRE |
100.0% |
Nkr785.92 Million
≈ $82.70 Million |
Nkr0.00 | Norway | Jun 2025 |
| 257 |
Seneca Growth Capital VCT PLC
LSE:HYG |
100.0% |
GBX13.94 Million
≈ $1.70K |
GBX0.00 | UK | Dec 2024 |
| 258 |
ASIASOFT CORP.-NVDR-05
F:5ASA |
100.0% |
€1.38 Billion
≈ $1.61 Billion |
€0.00 | Germany | Mar 2026 |
| 259 |
Critical Minerals Group Ltd
AU:CMG |
100.0% |
AU$5.23 Million
≈ $3.70 Million |
AU$0.00 | Australia | Jun 2025 |
| 260 |
Quest For Growth - Pricaf
BR:QFG |
100.0% |
€138.20 Million
≈ $161.57 Million |
€0.00 | Belgium | Jun 2025 |
| 261 |
Solartron Public Company Limited
F:TUUF |
100.0% |
€697.20 Million
≈ $815.10 Million |
€0.00 | Germany | Jun 2025 |
| 262 |
HBR Realty Empreendimentos Imobiliários S.A
SA:HBRE3 |
100.0% |
R$2.64 Billion
≈ $517.42 Million |
R$0.00 | Brazil | Mar 2026 |
| 263 |
VIVANI MED.INC. NEW O.N.
F:U5P |
100.0% |
€15.73 Million
≈ $18.39 Million |
€0.00 | Germany | Dec 2025 |
| 264 |
Neurosense Therapeutics Ltd
NASDAQ:NRSN |
100.0% | $2.58 Million | $0.00 | USA | Dec 2024 |
| 265 |
Golden Prospect Precious Metals Ltd
LSE:GPM |
100.0% |
GBX40.19 Million
≈ $4.89K |
GBX0.00 | UK | Dec 2024 |
| 266 |
BEML LAND ASSETS LTD
NSE:BLAL |
100.0% |
Rs11.10 Million
≈ $120.04K |
Rs0.00 | India | Mar 2025 |
| 267 |
Wentel Engineering Holdings Berhad
KLSE:0298 |
100.0% |
RM218.78 Million
≈ $54.93 Million |
RM0.00 | Malaysia | Jun 2026 |
| 268 |
An-Shin Food Services Co Ltd
TWO:1259 |
100.0% |
NT$3.18 Billion
≈ $100.25 Million |
NT$0.00 | Taiwan | Sep 2025 |
| 269 |
Taiwan Cooperative Financial Holding Co Ltd
TW:5880 |
100.0% |
NT$258.17 Billion
≈ $8.13 Billion |
NT$0.00 | Taiwan | Jun 2025 |
| 270 |
Calfrac Well Services Ltd.
TO:CFW |
100.0% |
CA$664.28 Million
≈ $480.53 Million |
CA$0.00 | Canada | Dec 2025 |
| 271 |
Alcatel Lucent Teletas Telekomunikasyon AS
IS:ALCTL |
100.0% |
TL2.97 Billion
≈ $66.59 Million |
TL0.00 | Turkey | Jun 2025 |
| 272 |
Topower Co Ltd
TWO:3226 |
100.0% |
NT$1.88 Billion
≈ $59.32 Million |
NT$0.00 | Taiwan | Mar 2026 |
| 273 |
Keros Therapeutics Inc
NASDAQ:KROS |
100.0% | $703.58 Million | $0.00 | USA | Sep 2025 |
| 274 |
Xplore Resources Corp
V:XPLR |
100.0% |
CA$1.42 Million
≈ $1.03 Million |
CA$0.00 | Canada | Dec 2025 |
| 275 |
Focus Dynamics Group Bhd
KLSE:0116 |
100.0% |
RM101.77 Million
≈ $25.55 Million |
RM0.00 | Malaysia | Jun 2026 |
| 276 |
Hecla Mining Company
NYSE:HL |
100.0% | $2.68 Billion | $0.00 | USA | Jun 2026 |
| 277 |
I Jang Industrial Co Ltd
TWO:8342 |
100.0% |
NT$1.06 Billion
≈ $33.27 Million |
NT$0.00 | Taiwan | Jun 2026 |
| 278 |
MTI Investment SE
ST:MTI |
100.0% |
Skr6.67 Million
≈ $717.68K |
Skr0.00 | Sweden | Jun 2025 |
| 279 |
Multifiling Mitra Indonesia
JK:MFMI |
100.0% |
Rp124.06 Billion
≈ $7.27 Million |
Rp0.00 | Indonesia | Dec 2025 |
| 280 |
Eurasia Fonciere Investissements Société Anonyme
PA:EFI |
100.0% |
€29.06 Million
≈ $33.98 Million |
€0.00 | France | Jun 2024 |
| 281 |
Churchill Resources Inc
V:CRI |
100.0% |
CA$5.85 Million
≈ $4.24 Million |
CA$0.00 | Canada | Nov 2025 |
| 282 |
Shanghai Huili Building Materials Co Ltd
SHG:900939 |
100.0% | $178.25 Million | $0.00 | China | Jun 2026 |
| 283 |
HPL Electric & Power Limited
NSE:HPL |
100.0% |
Rs10.03 Billion
≈ $108.42 Million |
Rs0.00 | India | Mar 2026 |
| 284 |
Prozone Realty Limited
NSE:PROZONER |
100.0% |
Rs7.87 Billion
≈ $85.16 Million |
Rs0.00 | India | Sep 2025 |
| 285 |
Concord International Securities Co Ltd
TWO:5864 |
100.0% |
NT$8.16 Billion
≈ $257.22 Million |
NT$0.00 | Taiwan | Dec 2025 |
| 286 |
BioXcel Therapeutics Inc
NASDAQ:BTAI |
100.0% | $5.86 Million | $0.00 | USA | Jun 2023 |
| 287 |
Chiangmai Rimdoi Public Company Limited
BK:CRD |
100.0% |
฿490.62 Million
≈ $15.29 Million |
฿0.00 | Thailand | Dec 2025 |
| 288 |
Ellies
JSE:ELI |
100.0% |
ZAC47.93 Million
≈ $25.47K |
ZAC0.00 | South Africa | Apr 2023 |
| 289 |
E KOCREF CR REIT
KO:088260 |
100.0% |
₩215.46 Billion
≈ $146.02 Million |
₩0.00 | Korea | Mar 2025 |
| 290 |
TEKNA HOLDING ASA NK 2
F:8VB |
100.0% |
€54.40 Million
≈ $63.60 Million |
€0.00 | Germany | Mar 2026 |
| 291 |
Prospera Energy Inc
V:PEI |
100.0% |
CA$132.20K
≈ $95.63K |
CA$0.00 | Canada | Sep 2024 |
| 292 |
Universal Ibogaine Inc
V:IBO |
100.0% |
CA$272.17K
≈ $196.89K |
CA$0.00 | Canada | Apr 2025 |
| 293 |
BCO LATINOAMER.D.COM.EX.E
F:D8Q |
100.0% |
€1.71 Billion
≈ $2.00 Billion |
€0.00 | Germany | Mar 2026 |
| 294 |
Sierra Nevada Gold Inc
AU:SNX |
100.0% |
AU$25.41 Million
≈ $17.98 Million |
AU$0.00 | Australia | Jun 2025 |
| 295 |
JLEN Environmental Assets Group Ltd
LSE:JLEN |
100.0% |
GBX655.45 Million
≈ $79.75K |
GBX0.00 | UK | Mar 2026 |
| 296 |
Argentum Silver Corp
V:ASL |
100.0% |
CA$868.46K
≈ $628.23K |
CA$0.00 | Canada | Sep 2022 |
| 297 |
BRADDA HEAD LITHIUM O.N.
F:8CD1 |
100.0% |
€15.93 Million
≈ $18.63 Million |
€0.00 | Germany | Aug 2025 |
| 298 |
Otto Energy Ltd
AU:OEL |
100.0% |
AU$34.13 Million
≈ $24.15 Million |
AU$0.00 | Australia | Jun 2025 |
| 299 |
Together Startup Network Ltd
TA:TGTR |
100.0% |
ILA381.00K
≈ $1.02K |
ILA0.00 | Israel | Dec 2016 |
| 300 |
Tarapur Transformers Limited
NSE:TARAPUR |
100.0% |
Rs2.67 Million
≈ $28.88K |
Rs0.00 | India | Sep 2025 |