Companies by Tangible Net Worth Ratio

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

Average Tangible NW Ratio

-108.2%
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
30901 Gansu Golden Glass Technologies Co Ltd
SHE:300093 		-93.0% CN¥28.82 Million
≈ $4.22 Million 		CN¥55.62 Million China Dec 2023
30902 Stingray Group Inc
TO:RAY-A 		-93.8% CA$285.17 Million
≈ $206.29 Million 		CA$552.60 Million Canada Dec 2025
30903 Stingray Group Inc
TO:RAY-B 		-93.8% CA$285.17 Million
≈ $206.29 Million 		CA$552.60 Million Canada Dec 2025
30904 Cardinal Health Inc
NYSE:CAH 		-93.9% $1.00 Billion $1.94 Billion USA Dec 2021
30905 GEK TERNA Holdings Real Estate Construction S.A
AT:GEKTERNA 		-94.3% €1.91 Billion
≈ $2.23 Billion 		€3.70 Billion Greece Jun 2025
30906 DynaCERT Inc.
TO:DYA 		-94.3% CA$326.30K
≈ $236.04K 		CA$634.08K Canada Mar 2025
30907 Sinocelltech Group Ltd
SHG:688520 		-94.6% CN¥104.80 Million
≈ $15.34 Million 		CN¥203.98 Million China Jun 2025
30908 Grupo Aeroportuario del Centro Norte S.A.B. de C.V
MX:OMAB 		-94.9% MX$10.22 Billion
≈ $588.20 Million 		MX$19.92 Billion Mexico Sep 2025
30909 Besiktas Futbol Yatirimlari Sanayi ve Ticaret AS
IS:BJKAS 		-95.3% TL3.63 Billion
≈ $81.25 Million 		TL7.08 Billion Turkey May 2026
30910 Dave & Buster’s Entertainment
NASDAQ:PLAY 		-95.4% $91.20 Million $178.20 Million USA Jan 2026
30911 Obiz Concept SAS
PA:ALBIZ 		-95.4% €7.04 Million
≈ $8.23 Million 		€13.77 Million France Sep 2025
30912 Gray Television Inc
NYSE:GTN 		-95.5% $2.81 Billion $5.49 Billion USA Sep 2025
30913 Vow ASA
OL:VOW 		-96.9% Nkr216.10 Million
≈ $22.74 Million 		Nkr425.40 Million Norway Dec 2025
30914 Mobix Labs Inc
NASDAQ:MOBX 		-97.2% $6.25 Million $12.32 Million USA Jun 2026
30915 Lottomatica Group SpA
NYSE:LOTMY 		-97.5% $377.49 Million $745.45 Million USA Dec 2025
30916 Plurilock Security Inc
V:PLUR 		-97.9% CA$810.85K
≈ $586.55K 		CA$1.60 Million Canada Sep 2024
30917 Xiandai Investment Co Ltd
SHE:000900 		-98.0% CN¥15.48 Billion
≈ $2.27 Billion 		CN¥30.65 Billion China Mar 2026
30918 Shanxi Sanwei Group Co Ltd
SHE:000755 		-98.5% CN¥5.44 Billion
≈ $796.66 Million 		CN¥10.81 Billion China Sep 2025
30919 Wallbox NV
NYSE:WBX 		-98.6% $36.14 Million $71.75 Million USA Jun 2025
30920 Companhia Energética do Ceará - Coelce
SA:COCE3 		-98.7% R$5.61 Billion
≈ $1.10 Billion 		R$11.14 Billion Brazil Mar 2026
30921 Gray Television Inc
NYSE:GTN-A 		-98.9% $2.76 Billion $5.50 Billion USA Mar 2026
30922 McKesson Corporation
NYSE:MCK 		-99.0% $1.45 Billion $2.88 Billion USA Mar 2021
30923 WisdomTree Inc.
NYSE:WT 		-99.0% $418.52 Million $833.01 Million USA Jun 2026
30924 Advantage Solutions Inc
NASDAQ:ADV 		-99.1% $478.03 Million $951.59 Million USA Mar 2026
30925 Betterware de México, S.A.P.I. de C.V.
NYSE:BWMX 		-99.3% $2.27 Billion $4.53 Billion USA Jun 2026
30926 Medesis Pharma SA
PA:ALMDP 		-99.3% €116.62K
≈ $136.34K 		€232.38K France Jun 2022
30927 Deterra Royalties Ltd
AU:DRR 		-99.4% AU$138.79 Million
≈ $98.20 Million 		AU$276.78 Million Australia Dec 2025
30928 Doctor Care Anywhere Group Plc
AU:DOC 		-100.0% AU$2.91 Million
≈ $2.06 Million 		AU$5.82 Million Australia Jun 2024
30929 Jcurve Solutions Ltd
AU:JCS 		-100.6% AU$1.19 Million
≈ $844.94K 		AU$2.40 Million Australia Dec 2025
30930 Prodware
PA:ALPRO 		-100.7% €116.29 Million
≈ $135.95 Million 		€233.33 Million France Jun 2025
30931 Mynaric AG
XETRA:M0YN 		-101.7% €8.60 Million
≈ $10.06 Million 		€17.35 Million Germany Jun 2023
30932 Transurban Group
AU:TCL 		-101.8% AU$9.14 Billion
≈ $6.47 Billion 		AU$18.45 Billion Australia Dec 2025
30933 Melco Resorts & Entertainment Ltd
NASDAQ:MLCO 		-101.9% $362.17 Million $731.25 Million USA Jun 2022
30934 Novatti Group Ltd
AU:NOV 		-102.0% AU$2.42 Million
≈ $1.72 Million 		AU$4.90 Million Australia Dec 2025
30935 BBS-Bioactive Bone Substitutes Oyj
HE:BONEH 		-102.1% €3.79 Million
≈ $4.43 Million 		€7.67 Million Finland Jun 2024
30936 Poxel SA
PA:POXEL 		-102.7% €8.21 Million
≈ $9.59 Million 		€16.63 Million France Dec 2021
30937 Restaurant Brands International Inc
TO:QSR 		-102.9% CA$5.39 Billion
≈ $3.90 Billion 		CA$10.94 Billion Canada Jun 2026
30938 Vivid Games S.A
WAR:VVD 		-103.4% zł6.47 Million
≈ $1.78 Million 		zł13.15 Million Poland Sep 2025
30939 Hanesbrands Inc
NYSE:HBI 		-103.4% $446.44 Million $908.11 Million USA Sep 2025
30940 Sinclair Broadcast Group Inc
NASDAQ:SBGI 		-103.9% $304.00 Million $620.00 Million USA Jun 2026
30941 F-SECURE OYJ
HE:FSECURE 		-104.2% €58.38 Million
≈ $68.26 Million 		€119.19 Million Finland Jun 2026
30942 ProPhase Labs Inc
NASDAQ:PRPH 		-104.3% $3.51 Million $7.17 Million USA Dec 2025
30943 Southern Cross Media Group Ltd
AU:SXL 		-104.6% AU$386.00 Million
≈ $273.12 Million 		AU$789.63 Million Australia Dec 2025
30944 Areeya Property Public Company Limited
BK:A 		-105.0% ฿1.71 Billion
≈ $53.20 Million 		฿3.50 Billion Thailand Sep 2025
30945 National Health Investors Inc
NYSE:NHI 		-105.5% $1.53 Billion $3.15 Billion USA Mar 2026
30946 Fluent Inc
NASDAQ:FLNT 		-106.3% $8.10 Million $16.72 Million USA Jun 2026
30947 ASOS Plc
LSE:ASC 		-106.4% GBX212.40 Million
≈ $25.84K 		GBX438.40 Million UK Aug 2025
30948 NFI Group Inc
TO:NFI 		-106.7% CA$417.00 Million
≈ $301.65 Million 		CA$861.80 Million Canada Sep 2025
30949 Cashlez Worldwide Indonesia Tbk
JK:CASH 		-107.0% Rp38.45 Billion
≈ $2.25 Million 		Rp79.60 Billion Indonesia Dec 2025
30950 Noviqtech Ltd
AU:NVQ 		-107.3% AU$203.34K
≈ $143.88K 		AU$421.61K Australia Dec 2024
30951 Cibus Global LLC
NASDAQ:CBUS 		-107.9% $14.80 Million $30.77 Million USA Jun 2026
30952 China ZhengTong Auto Services Holdings Limited
F:ZA0 		-108.0% €1.58 Billion
≈ $1.85 Billion 		€3.29 Billion Germany Dec 2025
30953 CERENO SCIENTIFIC AB B
F:4A1 		-108.1% €198.40 Million
≈ $231.94 Million 		€412.79 Million Germany Jun 2026
30954 McGraw Hill, Inc.
NYSE:MH 		-108.4% $726.22 Million $1.51 Billion USA Mar 2026
30955 The Calmer Co International Ltd
AU:CCO 		-108.5% AU$187.33K
≈ $132.55K 		AU$390.58K Australia Dec 2025
30956 Brain+ ApS
CO:BRAINP 		-108.7% Dkr14.45 Million
≈ $2.26 Million 		Dkr30.16 Million Denmark Jun 2025
30957 THG Holdings PLC
LSE:THG 		-109.0% GBX395.83 Million
≈ $48.16K 		GBX827.17 Million UK Jun 2026
30958 Adventure Box Technology AB
ST:ADVBOX 		-109.4% Skr5.08 Million
≈ $546.15K 		Skr10.62 Million Sweden Sep 2024
30959 Restaurant Brands International Limited Partnership
TO:QSP-UN 		-109.4% CA$5.29 Billion
≈ $3.83 Billion 		CA$11.08 Billion Canada Mar 2026
30960 Risma Systems AS
CO:RISMA 		-110.0% Dkr4.20 Million
≈ $656.96K 		Dkr8.82 Million Denmark Dec 2023
30961 Wallix Group SA
PA:ALLIX 		-110.3% €7.33 Million
≈ $8.57 Million 		€15.42 Million France Jun 2025
30962 Xcel Brands Inc
NASDAQ:XELB 		-110.5% $13.18 Million $27.75 Million USA Mar 2026
30963 NOWVERTICAL GROUP INC.
F:5XQ 		-110.8% €3.32 Million
≈ $3.88 Million 		€7.01 Million Germany Jun 2026
30964 Solo Brands, Inc.
NYSE:SBDS 		-110.8% $46.29 Million $97.61 Million USA Mar 2026
30965 West International AB
ST:WPAY 		-111.4% Skr15.78 Million
≈ $1.70 Million 		Skr33.35 Million Sweden Jun 2025
30966 Lucky Strike Entertainment Corporation
NYSE:LUCK 		-111.4% $57.78 Million $122.16 Million USA Mar 2024
30967 Reservoir Media Inc
NASDAQ:RSVR 		-111.5% $378.19 Million $799.85 Million USA Jun 2026
30968 Roadzen Inc.
NASDAQ:RDZN 		-111.7% $2.24 Million $4.73 Million USA Sep 2023
30969 Ortivus AB ser. A
ST:ORTI-A 		-112.3% Skr17.84 Million
≈ $1.92 Million 		Skr37.88 Million Sweden Jun 2026
30970 Superior Plus Corp
TO:SPB 		-114.4% CA$807.00 Million
≈ $583.77 Million 		CA$1.73 Billion Canada Dec 2025
30971 Theratechnologies Inc.
TO:TH 		-114.7% CA$10.16 Million
≈ $7.35 Million 		CA$21.81 Million Canada Feb 2022
30972 Traeger Inc
NYSE:COOK 		-115.5% $174.80 Million $376.68 Million USA Mar 2026
30973 Grupo Aeroportuario del Pacífico S.A.B. de C.V
MX:GAPB 		-117.0% MX$23.34 Billion
≈ $1.34 Billion 		MX$50.65 Billion Mexico Sep 2025
30974 Dye & Durham Ltd
TO:DND 		-117.1% CA$272.27 Million
≈ $196.96 Million 		CA$591.01 Million Canada Mar 2026
30975 Motiva Infraestrutura de Mobilidade S.A.
SA:MOTV3 		-117.4% R$18.05 Billion
≈ $3.54 Billion 		R$39.25 Billion Brazil Jun 2026
30976 Quipt Home Medical Corp
NASDAQ:QIPT 		-117.5% $34.89 Million $75.89 Million USA Dec 2025
30977 Sanara Medtech Inc
NASDAQ:SMTI 		-117.7% $7.93 Million $17.28 Million USA Jun 2026
30978 Primo Brands Corporation
NYSE:PRMB 		-118.4% $2.98 Billion $6.51 Billion USA Jun 2026
30979 Gannett Co Inc
NYSE:GCI 		-118.5% $154.61 Million $337.85 Million USA Dec 2025
30980 Coloplast A/S
CO:COLO-B 		-118.6% Dkr13.80 Billion
≈ $2.16 Billion 		Dkr30.18 Billion Denmark Dec 2025
30981 Beijing E Hualu Info Tech
SHE:300212 		-118.8% CN¥1.22 Billion
≈ $178.86 Million 		CN¥2.67 Billion China Sep 2025
30982 Intrum Justitia AB
ST:INTRUM 		-118.9% Skr14.99 Billion
≈ $1.61 Billion 		Skr32.82 Billion Sweden Mar 2026
30983 Petros Pharmaceuticals Inc
NASDAQ:PTPI 		-119.0% $3.12 Million $6.83 Million USA Sep 2024
30984 Pilulka Lekarny as
PR:PINK 		-119.3% Annual Kč30.71 Million
≈ $1.47 Million 		Kč67.33 Million Czech Republic Dec 2023
30985 Adya Inc
V:ADYA 		-120.3% Annual CA$917.49K
≈ $663.70K 		CA$2.02 Million Canada Dec 2015
30986 Internet Thailand Public Company Limited
F:IE2A 		-120.6% €3.58 Billion
≈ $4.19 Billion 		€7.90 Billion Germany Dec 2025
30987 Ordinary Fully Paid Deferred Settlement
AU:CDEDC 		-121.0% AU$2.27 Million
≈ $1.60 Million 		AU$5.01 Million Australia Dec 2024
30988 Eastern Pioneer Auto Driving S
SHG:603377 		-121.0% CN¥302.92 Million
≈ $44.33 Million 		CN¥669.37 Million China Mar 2026
30989 Organoclick AB
ST:ORGC 		-121.0% Skr15.17 Million
≈ $1.63 Million 		Skr33.52 Million Sweden Jun 2026
30990 Tobii AB
ST:TOBII 		-121.5% Skr349.00 Million
≈ $37.56 Million 		Skr773.00 Million Sweden Jun 2026
30991 SIAV S.P.A.
F:F4U 		-121.5% €10.07 Million
≈ $11.77 Million 		€22.31 Million Germany Dec 2025
30992 Jasa Marga Tbk
JK:JSMR 		-123.2% Rp63.46 Trillion
≈ $3.72 Billion 		Rp141.63 Trillion Indonesia Mar 2026
30993 A&W Food Services of Canada
TO:AW 		-123.4% CA$220.41 Million
≈ $159.44 Million 		CA$492.39 Million Canada Jun 2026
30994 QuiaPEG Pharmaceuticals Holding AB
ST:QUIA 		-124.1% Skr6.47 Million
≈ $696.28K 		Skr14.50 Million Sweden Jun 2025
30995 Qlife Holding AB
ST:QLIFE 		-125.2% Skr1.91 Million
≈ $205.01K 		Skr4.29 Million Sweden Mar 2026
30996 Memphasys Ltd
AU:MEM 		-125.4% AU$4.02 Million
≈ $2.85 Million 		AU$9.06 Million Australia Dec 2025
30997 Mr. Cooper Group Inc
NASDAQ:COOP 		-126.2% $5.10 Billion $11.53 Billion USA Jun 2025
30998 Bio-Thera Solutions Ltd
SHG:688177 		-126.6% CN¥123.94 Million
≈ $18.14 Million 		CN¥280.90 Million China Jun 2026
30999 ARC Funds Ltd
AU:ARC 		-127.1% AU$331.71K
≈ $234.71K 		AU$753.22K Australia Jun 2026
31000 Amaze Holdings Inc
NYSE MKT:AMZE 		-127.8% $9.77 Million $22.25 Million USA Mar 2026