Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

-38.6%
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.
Rank Company Tangible NW Ratio Net Assets Intangible Assets Country As of
30301 Anhui Expressway Company Limited
F:HU7 		-32.2% €14.80 Billion
≈ $17.30 Billion 		€19.56 Billion Germany Mar 2026
30302 Graphex Group Limited
NYSE MKT:GRFX 		-32.4% $329.25 Million $435.82 Million USA Jun 2024
30303 Livium Ltd
AU:LIT 		-32.4% AU$6.66 Million
≈ $4.71 Million 		AU$8.82 Million Australia Jun 2025
30304 Bitcoin Group SE
XETRA:ADE 		-32.4% €269.72 Million
≈ $315.33 Million 		€357.14 Million Germany Jun 2025
30305 Shengyuan Environmental Protection
SHE:300867 		-32.5% CN¥4.03 Billion
≈ $589.92 Million 		CN¥5.34 Billion China Mar 2026
30306 Mpower Group Ltd
AU:MPR 		-32.9% AU$991.00K
≈ $701.20K 		AU$1.32 Million Australia Dec 2023
30307 Six Flags Entertainment Corporation
NYSE:FUN 		-32.9% $514.27 Million $683.65 Million USA Mar 2026
30308 Dish TV India Limited
NSE:DISHTV 		-33.3% Rs9.34 Billion
≈ $101.04 Million 		Rs12.45 Billion India Sep 2022
30309 Cambium Bio Ltd
AU:CMB 		-33.4% AU$1.84 Million
≈ $1.30 Million 		AU$2.45 Million Australia Jun 2025
30310 Paysafe Ltd
NYSE:PSFE 		-33.4% $655.04 Million $874.05 Million USA Dec 2025
30311 Nexstim Oyj
HE:NXTMH 		-33.5% €3.18 Million
≈ $3.72 Million 		€4.24 Million Finland Jun 2025
30312 Quidel Corporation
NASDAQ:QDEL 		-33.5% $1.92 Billion $2.56 Billion USA Dec 2025
30313 China Tianying Inc
SHE:000035 		-33.7% CN¥11.14 Billion
≈ $1.63 Billion 		CN¥14.90 Billion China Sep 2025
30314 MIPS AB
ST:MIPS 		-33.8% Skr562.00 Million
≈ $60.48 Million 		Skr752.00 Million Sweden Dec 2025
30315 Delek US Energy Inc
NYSE:DK 		-33.8% $302.00 Million $404.20 Million USA Mar 2026
30316 Streamline Health Solutions Inc
NASDAQ:STRM 		-33.9% $11.05 Million $14.80 Million USA Apr 2025
30317 Exail Technologies S.A.
PA:EXA 		-34.0% €197.93 Million
≈ $231.40 Million 		€265.32 Million France Jun 2025
30318 Paragon Care Ltd
AU:PGC 		-34.3% AU$304.50 Million
≈ $215.45 Million 		AU$408.83 Million Australia Dec 2025
30319 Deutsche Telekom AG
F:DTEA 		-34.5% €92.23 Billion
≈ $107.83 Billion 		€124.04 Billion Germany Dec 2025
30320 Cytosorbents Crp
NASDAQ:CTSO 		-34.5% $2.19 Million $2.95 Million USA Mar 2026
30321 Shandong Hi-speed Co Ltd
SHG:600350 		-34.7% CN¥61.40 Billion
≈ $8.98 Billion 		CN¥82.69 Billion China Mar 2026
30322 LNA Sante SA
PA:LNA 		-34.7% €328.27 Million
≈ $383.79 Million 		€442.16 Million France Jun 2025
30323 Nueva Expresión Textil S.A.
MC:NXT 		-34.8% €12.69 Million
≈ $14.84 Million 		€17.11 Million Spain Dec 2025
30324 F&G Annuities & Life Inc.
NYSE:FG 		-34.9% $4.75 Billion $6.41 Billion USA Mar 2026
30325 Linius Technologies Ltd
AU:LNU 		-34.9% AU$767.00K
≈ $542.70K 		AU$1.03 Million Australia Dec 2023
30326 Grandblue Environment Co Ltd
SHG:600323 		-35.2% CN¥19.31 Billion
≈ $2.83 Billion 		CN¥26.11 Billion China Mar 2026
30327 Cypark Resources Berhad
KLSE:5184 		-35.2% RM620.47 Million
≈ $155.78 Million 		RM839.17 Million Malaysia Oct 2025
30328 TWO HARBORS INV. DL-0001
F:2H2 		-35.5% €1.79 Billion
≈ $2.09 Billion 		€2.42 Billion Germany Dec 2025
30329 Cielo Waste Solutions Corp
V:CMC 		-35.6% CA$7.03 Million
≈ $5.08 Million 		CA$9.53 Million Canada Jan 2025
30330 Gaming Corps AB
ST:GCOR 		-35.7% Skr8.12 Million
≈ $873.65K 		Skr11.02 Million Sweden Sep 2025
30331 Aino Health AB
ST:AINO 		-35.8% Skr4.88 Million
≈ $525.38K 		Skr6.63 Million Sweden Jun 2024
30332 ENDRA Life Sciences Inc
NASDAQ:NDRA 		-36.0% $1.79 Million $2.43 Million USA Mar 2026
30333 XIGEM TECHNOLOGIES CORP.
F:VZ6 		-36.1% €516.03K
≈ $603.30K 		€702.49K Germany Sep 2025
30334 Birks Group Inc
NYSE MKT:BGI 		-36.1% $4.38 Million $5.96 Million USA Sep 2022
30335 Totally PLC
LSE:TLY 		-36.5% GBX33.73 Million
≈ $4.10K 		GBX46.06 Million UK Sep 2024
30336 Raketech Group Holding
ST:RAKE 		-36.8% Skr32.22 Million
≈ $3.47 Million 		Skr44.09 Million Sweden Mar 2026
30337 Freja eID Group AB
ST:FREJA 		-36.9% Skr22.00 Million
≈ $2.37 Million 		Skr30.12 Million Sweden Dec 2025
30338 Astro Malaysia Holdings Bhd
KLSE:6399 		-37.0% RM1.32 Billion
≈ $331.38 Million 		RM1.81 Billion Malaysia Oct 2025
30339 Halloren Schokoladenfabrik Aktiengesellschaft
HM:H2RB 		-37.1% €23.84 Million
≈ $27.88 Million 		€32.69 Million Germany Jun 2016
30340 Compodium International AB
ST:COMPDM 		-37.2% Skr40.51 Million
≈ $4.36 Million 		Skr55.56 Million Sweden Dec 2025
30341 Top Systems-L
TA:TOPS 		-37.2% ILA83.21 Million
≈ $223.08K 		ILA114.18 Million Israel Jun 2025
30342 Attica Publications S.A
AT:ATEK 		-37.3% €7.50 Million
≈ $8.77 Million 		€10.30 Million Greece Dec 2022
30343 Colliers International Group Inc Bats
TO:CIGI 		-37.4% CA$2.81 Billion
≈ $2.04 Billion 		CA$3.87 Billion Canada Mar 2026
30344 Two Harbors Investments Corp
NYSE:TWO 		-37.5% $1.73 Billion $2.38 Billion USA Mar 2026
30345 Team Inc
NYSE:TISI 		-37.8% $27.47 Million $37.85 Million USA Dec 2025
30346 CID HoldCo, Inc. Common Stock
NASDAQ:DAIC 		-37.9% $1.74 Million $2.40 Million USA Jun 2025
30347 Origin Agritech Ltd
NASDAQ:SEED 		-38.1% $13.31 Million $18.38 Million USA Jun 2019
30348 Otokar Otomotiv ve Savunma Sanayi AS
IS:OTKAR 		-38.2% TL7.82 Billion
≈ $175.25 Million 		TL10.82 Billion Turkey Mar 2026
30349 HANSARD GLOBAL PLC LS-50
F:H9G 		-38.3% €15.40 Million
≈ $18.00 Million 		€21.30 Million Germany Dec 2025
30350 Wijaya Karya Beton PT
JK:WIKA 		-38.6% Rp8.57 Trillion
≈ $502.35 Million 		Rp11.88 Trillion Indonesia Sep 2025
30351 Assetowl Ltd
AU:AO1 		-38.6% AU$769.36K
≈ $544.37K 		AU$1.07 Million Australia Dec 2022
30352 Virtuix Holdings Inc. Class A Common Stock
NASDAQ:VTIX 		-38.7% Annual $1.40 Million $1.94 Million USA Mar 2024
30353 Prosegur Cash S.A
MC:CASH 		-38.8% €177.99 Million
≈ $208.09 Million 		€247.12 Million Spain Jun 2025
30354 Squirrel Media SA
MC:SQRL 		-38.9% €74.84 Million
≈ $87.49 Million 		€103.93 Million Spain Jun 2025
30355 Torrent Pharmaceuticals Limited
NSE:TORNTPHARM 		-39.1% Rs175.85 Billion
≈ $1.90 Billion 		Rs244.64 Billion India Mar 2026
30356 NGL Energy Partners LP
NYSE:NGL 		-39.1% $589.34 Million $820.00 Million USA Dec 2025
30357 AUB Group Ltd
AU:AUB 		-39.2% AU$1.83 Billion
≈ $1.29 Billion 		AU$2.54 Billion Australia Dec 2025
30358 Klarsen SA
PA:ALKLA 		-39.5% €1.57 Million
≈ $1.83 Million 		€2.19 Million France Jun 2025
30359 KSB Ltd
NSE:KSB 		-39.6% Rs158.98 Million
≈ $1.72 Million 		Rs222.00 Million India Dec 2025
30360 Eiffage SA
PA:FGR 		-39.7% €8.35 Billion
≈ $9.76 Billion 		€11.67 Billion France Jun 2025
30361 Greater Than AB
ST:GREAT 		-39.7% Skr18.85 Million
≈ $2.03 Million 		Skr26.34 Million Sweden Sep 2025
30362 Ubisoft Entertainment
PA:UBI 		-39.9% €1.80 Billion
≈ $2.10 Billion 		€2.51 Billion France Mar 2025
30363 GenixPharmaceucticals Corporation
V:GENX 		-39.9% CA$2.57 Million
≈ $1.86 Million 		CA$3.60 Million Canada Jul 2023
30364 Westports Holdings Bhd
KLSE:5246 		-40.0% RM3.90 Billion
≈ $978.07 Million 		RM5.45 Billion Malaysia Sep 2025
30365 CYCLIQ Group Ltd
AU:CYQ 		-40.0% AU$214.22K
≈ $151.58K 		AU$300.00K Australia Dec 2024
30366 Anterix Inc
NASDAQ:ATEX 		-40.2% $235.95 Million $330.78 Million USA Dec 2025
30367 American Tower Corp
NYSE:AMT 		-40.3% $10.36 Billion $14.53 Billion USA Mar 2026
30368 OS Therapies Incorporated
NYSE MKT:OSTX 		-40.8% $4.71 Million $6.63 Million USA Sep 2025
30369 AVIT Ltd
SHE:300264 		-41.4% CN¥7.24 Million
≈ $1.06 Million 		CN¥10.24 Million China Mar 2026
30370 Herbalife Nutrition Ltd
NYSE:HLF 		-41.6% $219.00 Million $310.10 Million USA Sep 2017
30371 Herbalife Nutrition Ltd
F:HOO 		-41.6% €219.00 Million
≈ $256.03 Million 		€310.10 Million Germany Sep 2017
30372 CannBioRx Life Sciences Corp
NASDAQ:ATNFW 		-41.7% $5.38 Million $7.62 Million USA Jun 2025
30373 Light & Wonder Inc
AU:LNW 		-41.9% AU$723.00 Million
≈ $511.57 Million 		AU$1.03 Billion Australia Sep 2025
30374 Light & Wonder Inc
NASDAQ:LNW 		-41.9% $723.00 Million $1.03 Billion USA Sep 2025
30375 Elekta AB (publ)
ST:EKTA-B 		-41.9% Skr8.01 Billion
≈ $862.22 Million 		Skr11.37 Billion Sweden Jan 2026
30376 NAYA Biosciences, Inc
NASDAQ:NAYA 		-42.0% $12.75 Million $18.10 Million USA Dec 2024
30377 GAM Holding AG
SW:GAM 		-42.2% CHF29.60 Million
≈ $37.42 Million 		CHF42.10 Million Switzerland Dec 2025
30378 Halo Technologies Holdings Ltd
AU:HAL 		-42.5% AU$3.59 Million
≈ $2.54 Million 		AU$5.12 Million Australia Dec 2024
30379 Anhui Expressway Co Ltd
SHG:600012 		-42.8% CN¥13.88 Billion
≈ $2.03 Billion 		CN¥19.83 Billion China Sep 2025
30380 Eton Pharmaceuticals Inc
NASDAQ:ETON 		-42.9% $30.61 Million $43.74 Million USA Mar 2026
30381 OncoCyte Corp
NASDAQ:OCX 		-42.9% $10.22 Million $14.60 Million USA Mar 2025
30382 Euronext N.V.
PA:ENX 		-43.1% €4.73 Billion
≈ $5.54 Billion 		€6.78 Billion France Dec 2025
30383 Prima Moda SA
WAR:PMA 		-43.2% zł2.19 Million
≈ $601.89K 		zł3.13 Million Poland Mar 2023
30384 DraftKings Inc
NASDAQ:DKNG 		-43.5% $605.05 Million $868.06 Million USA Mar 2026
30385 Calviks AB (publ)
ST:TENEO 		-43.5% Skr19.05 Million
≈ $2.05 Million 		Skr27.35 Million USA Dec 2018
30386 Hexagon Purus As
OL:HPUR 		-43.7% Nkr462.16 Million
≈ $48.63 Million 		Nkr664.03 Million Norway Dec 2025
30387 Evolent Health Inc
NYSE:EVH 		-43.7% $396.39 Million $569.68 Million USA Mar 2026
30388 Winamp Group SA
PA:ALPET 		-43.8% €466.00K
≈ $544.80K 		€670.00K USA Jun 2025
30389 Nextnav Acquisition Corp
NASDAQ:NN 		-43.8% $6.57 Million $9.45 Million USA Mar 2025
30390 Sichuan Golden Summit Group Joint Stock Co Ltd
SHG:600678 		-44.1% CN¥309.02 Million
≈ $45.22 Million 		CN¥445.35 Million China Mar 2026
30391 MPAC Group PLC
LSE:MPAC 		-44.2% GBX74.70 Million
≈ $9.09K 		GBX107.70 Million UK Jun 2025
30392 CAR Group Ltd
AU:CAR 		-44.3% AU$2.89 Billion
≈ $2.05 Billion 		AU$4.17 Billion Australia Dec 2025
30393 Baic Bluepark New Energy Technology
SHG:600733 		-44.3% CN¥5.48 Billion
≈ $801.58 Million 		CN¥7.90 Billion China Sep 2025
30394 Impulsora del Desarrollo y el Empleo en América Latina S.A.B. de C.V
MX:IDEALB-1 		-44.4% MX$71.46 Billion
≈ $4.11 Billion 		MX$103.18 Billion Mexico Sep 2025
30395 Surgery Partners Inc
NASDAQ:SGRY 		-44.5% $3.55 Billion $5.13 Billion USA Sep 2025
30396 Colipays Reunion SA
PA:MLCLP 		-44.6% Annual €1.75 Million
≈ $2.04 Million 		€2.53 Million France Jul 2024
30397 Veea Inc.
NASDAQ:VEEA 		-44.6% $5.02 Million $7.26 Million USA Mar 2026
30398 Hubei Chutian Expressway Co Ltd
SHG:600035 		-44.8% CN¥10.63 Billion
≈ $1.56 Billion 		CN¥15.39 Billion China Sep 2025
30399 Netcall plc
LSE:NET 		-45.7% GBX47.88 Million
≈ $5.83K 		GBX69.75 Million UK Dec 2025
30400 FuelPositive Corp
V:NHHH 		-45.7% CA$6.86 Million
≈ $4.96 Million 		CA$10.00 Million Canada Dec 2025