Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

-39.2%
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.
Rank Company Tangible NW Ratio Net Assets Intangible Assets Country As of
30601 Dish TV India Limited
NSE:DISHTV 		-33.3% Rs9.34 Billion
≈ $101.04 Million 		Rs12.45 Billion India Sep 2022
30602 Cambium Bio Ltd
AU:CMB 		-33.4% AU$1.84 Million
≈ $1.30 Million 		AU$2.45 Million Australia Jun 2025
30603 Paysafe Ltd
NYSE:PSFE 		-33.4% $655.04 Million $874.05 Million USA Dec 2025
30604 Nexstim Oyj
HE:NXTMH 		-33.5% €3.18 Million
≈ $3.72 Million 		€4.24 Million Finland Jun 2025
30605 China Tianying Inc
SHE:000035 		-33.7% CN¥11.14 Billion
≈ $1.63 Billion 		CN¥14.90 Billion China Sep 2025
30606 MIPS AB
ST:MIPS 		-33.8% Skr562.00 Million
≈ $60.48 Million 		Skr752.00 Million Sweden Dec 2025
30607 Delek US Energy Inc
NYSE:DK 		-33.8% $302.00 Million $404.20 Million USA Mar 2026
30608 Streamline Health Solutions Inc
NASDAQ:STRM 		-33.9% $11.05 Million $14.80 Million USA Apr 2025
30609 Exail Technologies S.A.
PA:EXA 		-34.0% €197.93 Million
≈ $231.40 Million 		€265.32 Million France Jun 2025
30610 Paragon Care Ltd
AU:PGC 		-34.3% AU$304.50 Million
≈ $215.45 Million 		AU$408.83 Million Australia Dec 2025
30611 Cytosorbents Crp
NASDAQ:CTSO 		-34.5% $2.19 Million $2.95 Million USA Mar 2026
30612 Compass Diversified Holdings
NYSE:CODI 		-34.6% $607.17 Million $817.31 Million USA Jun 2026
30613 LNA Sante SA
PA:LNA 		-34.7% €328.27 Million
≈ $383.79 Million 		€442.16 Million France Jun 2025
30614 Impulsora del Desarrollo y el Empleo en América Latina S.A.B. de C.V
MX:IDEALB-1 		-34.7% MX$76.16 Billion
≈ $4.38 Billion 		MX$102.58 Billion Mexico Mar 2026
30615 Nueva Expresión Textil S.A.
MC:NXT 		-34.8% €12.69 Million
≈ $14.84 Million 		€17.11 Million Spain Dec 2025
30616 Linius Technologies Ltd
AU:LNU 		-34.9% AU$767.00K
≈ $542.70K 		AU$1.03 Million Australia Dec 2023
30617 Grandblue Environment Co Ltd
SHG:600323 		-35.2% CN¥19.31 Billion
≈ $2.83 Billion 		CN¥26.11 Billion China Mar 2026
30618 Cypark Resources Berhad
KLSE:5184 		-35.2% RM620.47 Million
≈ $155.78 Million 		RM839.17 Million Malaysia Oct 2025
30619 Raketech Group Holding
ST:RAKE 		-35.4% Skr32.10 Million
≈ $3.45 Million 		Skr43.45 Million Sweden Jun 2026
30620 TWO HARBORS INV. DL-0001
F:2H2 		-35.5% €1.79 Billion
≈ $2.09 Billion 		€2.42 Billion Germany Dec 2025
30621 Freelancer Ltd
AU:FLN 		-35.5% AU$23.40 Million
≈ $16.56 Million 		AU$31.71 Million Australia Jun 2026
30622 Cielo Waste Solutions Corp
V:CMC 		-35.6% CA$7.03 Million
≈ $5.08 Million 		CA$9.53 Million Canada Jan 2025
30623 Gaming Corps AB
ST:GCOR 		-35.7% Skr8.12 Million
≈ $873.65K 		Skr11.02 Million Sweden Sep 2025
30624 Aino Health AB
ST:AINO 		-35.8% Skr4.88 Million
≈ $525.38K 		Skr6.63 Million Sweden Jun 2024
30625 Gelteq Limited Ordinary Shares
NASDAQ:GELS 		-36.0% $14.20 Million $19.31 Million USA Mar 2026
30626 Patrick Industries Inc
NASDAQ:PATK 		-36.1% $1.13 Billion $1.54 Billion USA Jun 2026
30627 XIGEM TECHNOLOGIES CORP.
F:VZ6 		-36.1% €516.03K
≈ $603.30K 		€702.49K Germany Sep 2025
30628 Birks Group Inc
NYSE MKT:BGI 		-36.1% $4.38 Million $5.96 Million USA Sep 2022
30629 Totally PLC
LSE:TLY 		-36.5% GBX33.73 Million
≈ $4.10K 		GBX46.06 Million UK Sep 2024
30630 Compodium International AB
ST:COMPDM 		-36.6% Skr38.09 Million
≈ $4.10 Million 		Skr52.04 Million Sweden Mar 2026
30631 Lifco AB (publ)
ST:LIFCO-B 		-36.8% Skr20.48 Billion
≈ $2.20 Billion 		Skr28.01 Billion Sweden Jun 2026
30632 Freja eID Group AB
ST:FREJA 		-36.9% Skr22.00 Million
≈ $2.37 Million 		Skr30.12 Million Sweden Dec 2025
30633 Astro Malaysia Holdings Bhd
KLSE:6399 		-37.0% RM1.32 Billion
≈ $331.38 Million 		RM1.81 Billion Malaysia Oct 2025
30634 Halloren Schokoladenfabrik Aktiengesellschaft
HM:H2RB 		-37.1% €23.84 Million
≈ $27.88 Million 		€32.69 Million Germany Jun 2016
30635 Top Systems-L
TA:TOPS 		-37.2% ILA83.21 Million
≈ $223.08K 		ILA114.18 Million Israel Jun 2025
30636 Attica Publications S.A
AT:ATEK 		-37.3% €7.50 Million
≈ $8.77 Million 		€10.30 Million Greece Dec 2022
30637 Harbour Energy PLC
LSE:HBR 		-37.5% GBX4.18 Billion
≈ $508.89K 		GBX5.75 Billion UK Dec 2025
30638 Two Harbors Investments Corp
NYSE:TWO 		-37.5% $1.73 Billion $2.38 Billion USA Mar 2026
30639 Team Inc
NYSE:TISI 		-37.8% $27.47 Million $37.85 Million USA Dec 2025
30640 CID HoldCo, Inc. Common Stock
NASDAQ:DAIC 		-37.9% $1.74 Million $2.40 Million USA Jun 2025
30641 Shandong Hi-speed Co Ltd
SHG:600350 		-38.0% CN¥60.40 Billion
≈ $8.84 Billion 		CN¥83.33 Billion China Jun 2026
30642 Workhorse Group Inc
NASDAQ:WKHS 		-38.0% $7.18 Million $9.90 Million USA Jun 2026
30643 Origin Agritech Ltd
NASDAQ:SEED 		-38.1% $13.31 Million $18.38 Million USA Jun 2019
30644 Otokar Otomotiv ve Savunma Sanayi AS
IS:OTKAR 		-38.2% TL7.82 Billion
≈ $175.25 Million 		TL10.82 Billion Turkey Mar 2026
30645 HANSARD GLOBAL PLC LS-50
F:H9G 		-38.3% €15.40 Million
≈ $18.00 Million 		€21.30 Million Germany Dec 2025
30646 Hansard Global Plc
LSE:HSD 		-38.3% GBX15.40 Million
≈ $1.87K 		GBX21.30 Million UK Dec 2025
30647 TriNet Group Inc
NYSE:TNET 		-38.4% $125.00 Million $173.00 Million USA Jun 2026
30648 Wijaya Karya Beton PT
JK:WIKA 		-38.6% Rp8.57 Trillion
≈ $502.35 Million 		Rp11.88 Trillion Indonesia Sep 2025
30649 Assetowl Ltd
AU:AO1 		-38.6% AU$769.36K
≈ $544.37K 		AU$1.07 Million Australia Dec 2022
30650 Prosegur Cash S.A
MC:CASH 		-38.8% €177.99 Million
≈ $208.09 Million 		€247.12 Million Spain Jun 2025
30651 Squirrel Media SA
MC:SQRL 		-38.9% €74.84 Million
≈ $87.49 Million 		€103.93 Million Spain Jun 2025
30652 CVC Brasil Operadora e Agencia
SA:CVCB3 		-38.9% R$322.90 Million
≈ $63.36 Million 		R$448.55 Million Brazil Jun 2026
30653 FMC Corporation
NYSE:FMC 		-38.9% $1.66 Billion $2.31 Billion USA Jun 2026
30654 Torrent Pharmaceuticals Limited
NSE:TORNTPHARM 		-39.1% Rs175.85 Billion
≈ $1.90 Billion 		Rs244.64 Billion India Mar 2026
30655 AUB Group Ltd
AU:AUB 		-39.2% AU$1.83 Billion
≈ $1.29 Billion 		AU$2.54 Billion Australia Dec 2025
30656 F&G Annuities & Life Inc.
NYSE:FG 		-39.2% $4.69 Billion $6.54 Billion USA Jun 2026
30657 Klarsen SA
PA:ALKLA 		-39.5% €1.57 Million
≈ $1.83 Million 		€2.19 Million France Jun 2025
30658 Eiffage SA
PA:FGR 		-39.7% €8.35 Billion
≈ $9.76 Billion 		€11.67 Billion France Jun 2025
30659 Greater Than AB
ST:GREAT 		-39.7% Skr18.85 Million
≈ $2.03 Million 		Skr26.34 Million Sweden Sep 2025
30660 Ubisoft Entertainment
PA:UBI 		-39.9% €1.80 Billion
≈ $2.10 Billion 		€2.51 Billion France Mar 2025
30661 GenixPharmaceucticals Corporation
V:GENX 		-39.9% CA$2.57 Million
≈ $1.86 Million 		CA$3.60 Million Canada Jul 2023
30662 Westports Holdings Bhd
KLSE:5246 		-40.0% RM3.90 Billion
≈ $978.07 Million 		RM5.45 Billion Malaysia Sep 2025
30663 CYCLIQ Group Ltd
AU:CYQ 		-40.0% AU$214.22K
≈ $151.58K 		AU$300.00K Australia Dec 2024
30664 Ironman International Ltd.
V:IMI 		-40.1% CA$1.57 Million
≈ $1.14 Million 		CA$2.20 Million Canada Mar 2026
30665 American Tower Corp
NYSE:AMT 		-40.3% $10.36 Billion $14.53 Billion USA Mar 2026
30666 OS Therapies Incorporated
NYSE MKT:OSTX 		-40.8% $4.71 Million $6.63 Million USA Sep 2025
30667 Photocat AS
ST:PCAT 		-41.2% Skr11.17 Million
≈ $1.20 Million 		Skr15.77 Million Sweden Jun 2026
30668 AVIT Ltd
SHE:300264 		-41.4% CN¥7.24 Million
≈ $1.06 Million 		CN¥10.24 Million China Mar 2026
30669 Herbalife Nutrition Ltd
F:HOO 		-41.6% €219.00 Million
≈ $256.03 Million 		€310.10 Million Germany Sep 2017
30670 Herbalife Nutrition Ltd
NYSE:HLF 		-41.6% $219.00 Million $310.10 Million USA Sep 2017
30671 CannBioRx Life Sciences Corp
NASDAQ:ATNFW 		-41.7% $5.38 Million $7.62 Million USA Jun 2025
30672 Light & Wonder Inc
NASDAQ:LNW 		-41.9% $723.00 Million $1.03 Billion USA Sep 2025
30673 Elekta AB (publ)
ST:EKTA-B 		-41.9% Skr8.01 Billion
≈ $862.22 Million 		Skr11.37 Billion Sweden Jan 2026
30674 NAYA Biosciences, Inc
NASDAQ:NAYA 		-42.0% $12.75 Million $18.10 Million USA Dec 2024
30675 Halo Technologies Holdings Ltd
AU:HAL 		-42.5% AU$3.59 Million
≈ $2.54 Million 		AU$5.12 Million Australia Dec 2024
30676 Anhui Expressway Co Ltd
SHG:600012 		-42.8% CN¥13.88 Billion
≈ $2.03 Billion 		CN¥19.83 Billion China Sep 2025
30677 OncoCyte Corp
NASDAQ:OCX 		-42.9% $10.22 Million $14.60 Million USA Mar 2025
30678 Euronext N.V.
PA:ENX 		-43.1% €4.73 Billion
≈ $5.54 Billion 		€6.78 Billion France Dec 2025
30679 Prima Moda SA
WAR:PMA 		-43.2% zł2.19 Million
≈ $601.89K 		zł3.13 Million Poland Mar 2023
30680 AC IMMUNE SA SF-02
F:IMR 		-43.4% €35.17 Million
≈ $41.12 Million 		€50.42 Million Germany Jun 2026
30681 Teneo AI AB
ST:TENEO 		-43.5% Skr19.05 Million
≈ $2.05 Million 		Skr27.35 Million USA Dec 2018
30682 Hexagon Purus As
OL:HPUR 		-43.7% Nkr462.16 Million
≈ $48.63 Million 		Nkr664.03 Million Norway Dec 2025
30683 Evolent Health Inc
NYSE:EVH 		-43.7% $396.39 Million $569.68 Million USA Mar 2026
30684 Winamp Group SA
PA:ALPET 		-43.8% €466.00K
≈ $544.80K 		€670.00K USA Jun 2025
30685 Jadestone Energy Inc
LSE:JSE 		-43.9% GBX64.03 Million
≈ $7.79K 		GBX92.17 Million UK Jun 2025
30686 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
30687 CAR Group Ltd
AU:CAR 		-44.3% AU$2.89 Billion
≈ $2.05 Billion 		AU$4.17 Billion Australia Dec 2025
30688 Baic Bluepark New Energy Technology
SHG:600733 		-44.3% CN¥5.48 Billion
≈ $801.58 Million 		CN¥7.90 Billion China Sep 2025
30689 Traws Pharma Inc
NASDAQ:TRAW 		-44.4% $1.69 Million $2.44 Million USA Jun 2026
30690 Wuhan Tianyuan Environmental Protection Co.LTD
SHE:301127 		-44.4% CN¥3.70 Billion
≈ $540.77 Million 		CN¥5.34 Billion China Jun 2026
30691 Surgery Partners Inc
NASDAQ:SGRY 		-44.5% $3.55 Billion $5.13 Billion USA Sep 2025
30692 Colipays Reunion SA
PA:MLCLP 		-44.6% Annual €1.75 Million
≈ $2.04 Million 		€2.53 Million France Jul 2024
30693 NoHo Partners Oyj
HE:NOHO 		-44.8% €111.70 Million
≈ $130.59 Million 		€161.70 Million Finland Jun 2026
30694 Hubei Chutian Expressway Co Ltd
SHG:600035 		-44.8% CN¥10.63 Billion
≈ $1.56 Billion 		CN¥15.39 Billion China Sep 2025
30695 Coca-Cola Europacific Partners PLC
LSE:CCEP 		-44.9% GBX8.82 Billion
≈ $1.07 Million 		GBX12.78 Billion UK Jun 2026
30696 Vertiseit AB Series B
ST:VERT-B 		-45.2% Skr915.44 Million
≈ $98.52 Million 		Skr1.33 Billion Sweden Jun 2026
30697 Netcall plc
LSE:NET 		-45.7% GBX47.88 Million
≈ $5.83K 		GBX69.75 Million UK Dec 2025
30698 IMC Exploration Group Public Limited Company
LSE:IMC 		-45.8% GBX2.30 Million
≈ $279.82 		GBX3.35 Million UK Dec 2025
30699 Deutsche Telekom AG
XETRA:DTE 		-45.8% €91.64 Billion
≈ $107.14 Billion 		€133.64 Billion Germany Sep 2025
30700 Autopistas del Sol
BA:AUSO 		-45.8% AR$385.36 Billion
≈ $278.85 Million 		AR$561.98 Billion Argentina Dec 2025