Companies by Tangible Net Worth Ratio
Proportion of net assets (equity) backed by tangible assets — excludes goodwill and intangible assets
Average Tangible NW Ratio
-39.6%
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 |
|---|---|---|---|---|---|---|
| 30501 |
MIPS AB
ST:MIPS |
-33.8% |
Skr562.00 Million
≈ $60.48 Million |
Skr752.00 Million | Sweden | Dec 2025 |
| 30502 |
Delek US Energy Inc
NYSE:DK |
-33.8% | $302.00 Million | $404.20 Million | USA | Mar 2026 |
| 30503 |
Streamline Health Solutions Inc
NASDAQ:STRM |
-33.9% | $11.05 Million | $14.80 Million | USA | Apr 2025 |
| 30504 |
Exail Technologies S.A.
PA:EXA |
-34.0% |
€197.93 Million
≈ $231.40 Million |
€265.32 Million | France | Jun 2025 |
| 30505 |
Paragon Care Ltd
AU:PGC |
-34.3% |
AU$304.50 Million
≈ $215.45 Million |
AU$408.83 Million | Australia | Dec 2025 |
| 30506 |
Deutsche Telekom AG
F:DTEA |
-34.5% |
€92.23 Billion
≈ $107.83 Billion |
€124.04 Billion | Germany | Dec 2025 |
| 30507 |
Cytosorbents Crp
NASDAQ:CTSO |
-34.5% | $2.19 Million | $2.95 Million | USA | Mar 2026 |
| 30508 |
Compass Diversified Holdings
NYSE:CODI |
-34.6% | $607.17 Million | $817.31 Million | USA | Jun 2026 |
| 30509 |
Shandong Hi-speed Co Ltd
SHG:600350 |
-34.7% |
CN¥61.40 Billion
≈ $8.98 Billion |
CN¥82.69 Billion | China | Mar 2026 |
| 30510 |
LNA Sante SA
PA:LNA |
-34.7% |
€328.27 Million
≈ $383.79 Million |
€442.16 Million | France | Jun 2025 |
| 30511 |
Nueva Expresión Textil S.A.
MC:NXT |
-34.8% |
€12.69 Million
≈ $14.84 Million |
€17.11 Million | Spain | Dec 2025 |
| 30512 |
Linius Technologies Ltd
AU:LNU |
-34.9% |
AU$767.00K
≈ $542.70K |
AU$1.03 Million | Australia | Dec 2023 |
| 30513 |
Grandblue Environment Co Ltd
SHG:600323 |
-35.2% |
CN¥19.31 Billion
≈ $2.83 Billion |
CN¥26.11 Billion | China | Mar 2026 |
| 30514 |
Cypark Resources Berhad
KLSE:5184 |
-35.2% |
RM620.47 Million
≈ $155.78 Million |
RM839.17 Million | Malaysia | Oct 2025 |
| 30515 |
TWO HARBORS INV. DL-0001
F:2H2 |
-35.5% |
€1.79 Billion
≈ $2.09 Billion |
€2.42 Billion | Germany | Dec 2025 |
| 30516 |
Freelancer Ltd
AU:FLN |
-35.5% |
AU$23.40 Million
≈ $16.56 Million |
AU$31.71 Million | Australia | Jun 2026 |
| 30517 |
Cielo Waste Solutions Corp
V:CMC |
-35.6% |
CA$7.03 Million
≈ $5.08 Million |
CA$9.53 Million | Canada | Jan 2025 |
| 30518 |
Gaming Corps AB
ST:GCOR |
-35.7% |
Skr8.12 Million
≈ $873.65K |
Skr11.02 Million | Sweden | Sep 2025 |
| 30519 |
Aino Health AB
ST:AINO |
-35.8% |
Skr4.88 Million
≈ $525.38K |
Skr6.63 Million | Sweden | Jun 2024 |
| 30520 |
Photocat AS
ST:PCAT |
-35.8% |
Skr11.72 Million
≈ $1.26 Million |
Skr15.91 Million | Sweden | Mar 2026 |
| 30521 |
Gelteq Limited Ordinary Shares
NASDAQ:GELS |
-36.0% | $14.20 Million | $19.31 Million | USA | Mar 2026 |
| 30522 |
ENDRA Life Sciences Inc
NASDAQ:NDRA |
-36.0% | $1.79 Million | $2.43 Million | USA | Mar 2026 |
| 30523 |
XIGEM TECHNOLOGIES CORP.
F:VZ6 |
-36.1% |
€516.03K
≈ $603.30K |
€702.49K | Germany | Sep 2025 |
| 30524 |
Birks Group Inc
NYSE MKT:BGI |
-36.1% | $4.38 Million | $5.96 Million | USA | Sep 2022 |
| 30525 |
Totally PLC
LSE:TLY |
-36.5% |
GBX33.73 Million
≈ $4.10K |
GBX46.06 Million | UK | Sep 2024 |
| 30526 |
Compodium International AB
ST:COMPDM |
-36.6% |
Skr38.09 Million
≈ $4.10 Million |
Skr52.04 Million | Sweden | Mar 2026 |
| 30527 |
Lifco AB (publ)
ST:LIFCO-B |
-36.8% |
Skr20.48 Billion
≈ $2.20 Billion |
Skr28.01 Billion | Sweden | Jun 2026 |
| 30528 |
Raketech Group Holding
ST:RAKE |
-36.8% |
Skr32.22 Million
≈ $3.47 Million |
Skr44.09 Million | Sweden | Mar 2026 |
| 30529 |
Freja eID Group AB
ST:FREJA |
-36.9% |
Skr22.00 Million
≈ $2.37 Million |
Skr30.12 Million | Sweden | Dec 2025 |
| 30530 |
Astro Malaysia Holdings Bhd
KLSE:6399 |
-37.0% |
RM1.32 Billion
≈ $331.38 Million |
RM1.81 Billion | Malaysia | Oct 2025 |
| 30531 |
Halloren Schokoladenfabrik Aktiengesellschaft
HM:H2RB |
-37.1% |
€23.84 Million
≈ $27.88 Million |
€32.69 Million | Germany | Jun 2016 |
| 30532 |
Top Systems-L
TA:TOPS |
-37.2% |
ILA83.21 Million
≈ $223.08K |
ILA114.18 Million | Israel | Jun 2025 |
| 30533 |
Attica Publications S.A
AT:ATEK |
-37.3% |
€7.50 Million
≈ $8.77 Million |
€10.30 Million | Greece | Dec 2022 |
| 30534 |
Colliers International Group Inc Bats
TO:CIGI |
-37.4% |
CA$2.81 Billion
≈ $2.04 Billion |
CA$3.87 Billion | Canada | Mar 2026 |
| 30535 |
Harbour Energy PLC
LSE:HBR |
-37.5% |
GBX4.18 Billion
≈ $508.89K |
GBX5.75 Billion | UK | Dec 2025 |
| 30536 |
Two Harbors Investments Corp
NYSE:TWO |
-37.5% | $1.73 Billion | $2.38 Billion | USA | Mar 2026 |
| 30537 |
Team Inc
NYSE:TISI |
-37.8% | $27.47 Million | $37.85 Million | USA | Dec 2025 |
| 30538 |
CID HoldCo, Inc. Common Stock
NASDAQ:DAIC |
-37.9% | $1.74 Million | $2.40 Million | USA | Jun 2025 |
| 30539 |
Origin Agritech Ltd
NASDAQ:SEED |
-38.1% | $13.31 Million | $18.38 Million | USA | Jun 2019 |
| 30540 |
Otokar Otomotiv ve Savunma Sanayi AS
IS:OTKAR |
-38.2% |
TL7.82 Billion
≈ $175.25 Million |
TL10.82 Billion | Turkey | Mar 2026 |
| 30541 |
Hansard Global Plc
LSE:HSD |
-38.3% |
GBX15.40 Million
≈ $1.87K |
GBX21.30 Million | UK | Dec 2025 |
| 30542 |
HANSARD GLOBAL PLC LS-50
F:H9G |
-38.3% |
€15.40 Million
≈ $18.00 Million |
€21.30 Million | Germany | Dec 2025 |
| 30543 |
TriNet Group Inc
NYSE:TNET |
-38.4% | $125.00 Million | $173.00 Million | USA | Jun 2026 |
| 30544 |
Wijaya Karya Beton PT
JK:WIKA |
-38.6% |
Rp8.57 Trillion
≈ $502.35 Million |
Rp11.88 Trillion | Indonesia | Sep 2025 |
| 30545 |
Assetowl Ltd
AU:AO1 |
-38.6% |
AU$769.36K
≈ $544.37K |
AU$1.07 Million | Australia | Dec 2022 |
| 30546 |
Prosegur Cash S.A
MC:CASH |
-38.8% |
€177.99 Million
≈ $208.09 Million |
€247.12 Million | Spain | Jun 2025 |
| 30547 |
Squirrel Media SA
MC:SQRL |
-38.9% |
€74.84 Million
≈ $87.49 Million |
€103.93 Million | Spain | Jun 2025 |
| 30548 |
FMC Corporation
NYSE:FMC |
-38.9% | $1.66 Billion | $2.31 Billion | USA | Jun 2026 |
| 30549 |
Torrent Pharmaceuticals Limited
NSE:TORNTPHARM |
-39.1% |
Rs175.85 Billion
≈ $1.90 Billion |
Rs244.64 Billion | India | Mar 2026 |
| 30550 |
AUB Group Ltd
AU:AUB |
-39.2% |
AU$1.83 Billion
≈ $1.29 Billion |
AU$2.54 Billion | Australia | Dec 2025 |
| 30551 |
F&G Annuities & Life Inc.
NYSE:FG |
-39.2% | $4.69 Billion | $6.54 Billion | USA | Jun 2026 |
| 30552 |
Klarsen SA
PA:ALKLA |
-39.5% |
€1.57 Million
≈ $1.83 Million |
€2.19 Million | France | Jun 2025 |
| 30553 |
KSB Ltd
NSE:KSB |
-39.6% |
Rs158.98 Million
≈ $1.72 Million |
Rs222.00 Million | India | Dec 2025 |
| 30554 |
Eiffage SA
PA:FGR |
-39.7% |
€8.35 Billion
≈ $9.76 Billion |
€11.67 Billion | France | Jun 2025 |
| 30555 |
Greater Than AB
ST:GREAT |
-39.7% |
Skr18.85 Million
≈ $2.03 Million |
Skr26.34 Million | Sweden | Sep 2025 |
| 30556 |
Ubisoft Entertainment
PA:UBI |
-39.9% |
€1.80 Billion
≈ $2.10 Billion |
€2.51 Billion | France | Mar 2025 |
| 30557 |
GenixPharmaceucticals Corporation
V:GENX |
-39.9% |
CA$2.57 Million
≈ $1.86 Million |
CA$3.60 Million | Canada | Jul 2023 |
| 30558 |
Westports Holdings Bhd
KLSE:5246 |
-40.0% |
RM3.90 Billion
≈ $978.07 Million |
RM5.45 Billion | Malaysia | Sep 2025 |
| 30559 |
CYCLIQ Group Ltd
AU:CYQ |
-40.0% |
AU$214.22K
≈ $151.58K |
AU$300.00K | Australia | Dec 2024 |
| 30560 |
Ironman International Ltd.
V:IMI |
-40.1% |
CA$1.57 Million
≈ $1.14 Million |
CA$2.20 Million | Canada | Mar 2026 |
| 30561 |
American Tower Corp
NYSE:AMT |
-40.3% | $10.36 Billion | $14.53 Billion | USA | Mar 2026 |
| 30562 |
Wuhan Tianyuan Environmental Protection Co.LTD
SHE:301127 |
-40.4% |
CN¥3.65 Billion
≈ $533.88 Million |
CN¥5.12 Billion | China | Mar 2026 |
| 30563 |
OS Therapies Incorporated
NYSE MKT:OSTX |
-40.8% | $4.71 Million | $6.63 Million | USA | Sep 2025 |
| 30564 |
AVIT Ltd
SHE:300264 |
-41.4% |
CN¥7.24 Million
≈ $1.06 Million |
CN¥10.24 Million | China | Mar 2026 |
| 30565 |
Herbalife Nutrition Ltd
NYSE:HLF |
-41.6% | $219.00 Million | $310.10 Million | USA | Sep 2017 |
| 30566 |
Herbalife Nutrition Ltd
F:HOO |
-41.6% |
€219.00 Million
≈ $256.03 Million |
€310.10 Million | Germany | Sep 2017 |
| 30567 |
CannBioRx Life Sciences Corp
NASDAQ:ATNFW |
-41.7% | $5.38 Million | $7.62 Million | USA | Jun 2025 |
| 30568 |
Light & Wonder Inc
NASDAQ:LNW |
-41.9% | $723.00 Million | $1.03 Billion | USA | Sep 2025 |
| 30569 |
Light & Wonder Inc
AU:LNW |
-41.9% |
AU$723.00 Million
≈ $511.57 Million |
AU$1.03 Billion | Australia | Sep 2025 |
| 30570 |
Elekta AB (publ)
ST:EKTA-B |
-41.9% |
Skr8.01 Billion
≈ $862.22 Million |
Skr11.37 Billion | Sweden | Jan 2026 |
| 30571 |
NAYA Biosciences, Inc
NASDAQ:NAYA |
-42.0% | $12.75 Million | $18.10 Million | USA | Dec 2024 |
| 30572 |
GAM Holding AG
SW:GAM |
-42.2% |
CHF29.60 Million
≈ $37.42 Million |
CHF42.10 Million | Switzerland | Dec 2025 |
| 30573 |
Halo Technologies Holdings Ltd
AU:HAL |
-42.5% |
AU$3.59 Million
≈ $2.54 Million |
AU$5.12 Million | Australia | Dec 2024 |
| 30574 |
Anhui Expressway Co Ltd
SHG:600012 |
-42.8% |
CN¥13.88 Billion
≈ $2.03 Billion |
CN¥19.83 Billion | China | Sep 2025 |
| 30575 |
Eton Pharmaceuticals Inc
NASDAQ:ETON |
-42.9% | $30.61 Million | $43.74 Million | USA | Mar 2026 |
| 30576 |
OncoCyte Corp
NASDAQ:OCX |
-42.9% | $10.22 Million | $14.60 Million | USA | Mar 2025 |
| 30577 |
Euronext N.V.
PA:ENX |
-43.1% |
€4.73 Billion
≈ $5.54 Billion |
€6.78 Billion | France | Dec 2025 |
| 30578 |
Prima Moda SA
WAR:PMA |
-43.2% |
zł2.19 Million
≈ $601.89K |
zł3.13 Million | Poland | Mar 2023 |
| 30579 |
Calviks AB (publ)
ST:TENEO |
-43.5% |
Skr19.05 Million
≈ $2.05 Million |
Skr27.35 Million | USA | Dec 2018 |
| 30580 |
Hexagon Purus As
OL:HPUR |
-43.7% |
Nkr462.16 Million
≈ $48.63 Million |
Nkr664.03 Million | Norway | Dec 2025 |
| 30581 |
Evolent Health Inc
NYSE:EVH |
-43.7% | $396.39 Million | $569.68 Million | USA | Mar 2026 |
| 30582 |
Winamp Group SA
PA:ALPET |
-43.8% |
€466.00K
≈ $544.80K |
€670.00K | USA | Jun 2025 |
| 30583 |
Nextnav Acquisition Corp
NASDAQ:NN |
-43.8% | $6.57 Million | $9.45 Million | USA | Mar 2025 |
| 30584 |
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 |
| 30585 |
CAR Group Ltd
AU:CAR |
-44.3% |
AU$2.89 Billion
≈ $2.05 Billion |
AU$4.17 Billion | Australia | Dec 2025 |
| 30586 |
Baic Bluepark New Energy Technology
SHG:600733 |
-44.3% |
CN¥5.48 Billion
≈ $801.58 Million |
CN¥7.90 Billion | China | Sep 2025 |
| 30587 |
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 |
| 30588 |
Surgery Partners Inc
NASDAQ:SGRY |
-44.5% | $3.55 Billion | $5.13 Billion | USA | Sep 2025 |
| 30589 |
Colipays Reunion SA
PA:MLCLP |
-44.6% Annual |
€1.75 Million
≈ $2.04 Million |
€2.53 Million | France | Jul 2024 |
| 30590 |
Veea Inc.
NASDAQ:VEEA |
-44.6% | $5.02 Million | $7.26 Million | USA | Mar 2026 |
| 30591 |
Hubei Chutian Expressway Co Ltd
SHG:600035 |
-44.8% |
CN¥10.63 Billion
≈ $1.56 Billion |
CN¥15.39 Billion | China | Sep 2025 |
| 30592 |
Coca-Cola Europacific Partners PLC
LSE:CCEP |
-44.9% |
GBX8.82 Billion
≈ $1.07 Million |
GBX12.78 Billion | UK | Jun 2026 |
| 30593 |
Vertiseit AB Series B
ST:VERT-B |
-45.2% |
Skr915.44 Million
≈ $98.52 Million |
Skr1.33 Billion | Sweden | Jun 2026 |
| 30594 |
Netcall plc
LSE:NET |
-45.7% |
GBX47.88 Million
≈ $5.83K |
GBX69.75 Million | UK | Dec 2025 |
| 30595 |
IMC Exploration Group Public Limited Company
LSE:IMC |
-45.8% |
GBX2.30 Million
≈ $279.82 |
GBX3.35 Million | UK | Dec 2025 |
| 30596 |
Deutsche Telekom AG
XETRA:DTE |
-45.8% |
€91.64 Billion
≈ $107.14 Billion |
€133.64 Billion | Germany | Sep 2025 |
| 30597 |
Autopistas del Sol
BA:AUSO |
-45.8% |
AR$385.36 Billion
≈ $278.85 Million |
AR$561.98 Billion | Argentina | Dec 2025 |
| 30598 |
Despegar.com Corp
NYSE:DESP |
-45.9% | $60.02 Million | $87.55 Million | USA | Jun 2024 |
| 30599 |
Egetis Therapeutics AB (publ)
ST:EGTX |
-45.9% |
Skr248.70 Million
≈ $26.76 Million |
Skr362.90 Million | Sweden | Mar 2026 |
| 30600 |
Coca-Cola European Partners PLC
NASDAQ:CCEP |
-46.2% | $8.51 Billion | $12.43 Billion | USA | Jun 2025 |