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 |
|---|---|---|---|---|---|---|
| 401 |
Gran Tierra Energy Inc
TO:GTE |
100.0% |
CA$132.18 Million
≈ $95.61 Million |
CA$0.00 | Canada | Jun 2026 |
| 402 |
Benjamin Hornigold Ltd
AU:BHD |
100.0% |
AU$6.35 Million
≈ $4.50 Million |
AU$0.00 | Australia | Dec 2025 |
| 403 |
Koonenberry Gold Ltd
AU:KNB |
100.0% |
AU$20.68 Million
≈ $14.63 Million |
AU$0.00 | Australia | Dec 2025 |
| 404 |
Noble Mineral Exploration Inc
V:NOB |
100.0% |
CA$13.74 Million
≈ $9.94 Million |
CA$0.00 | Canada | May 2026 |
| 405 |
RenaissanceRe Holdings Ltd
F:RRJ |
100.0% |
€18.56 Billion
≈ $21.70 Billion |
€0.00 | Germany | Mar 2026 |
| 406 |
IPB Petroleum Ltd
AU:IPB |
100.0% |
AU$3.58 Million
≈ $2.53 Million |
AU$0.00 | Australia | Jun 2025 |
| 407 |
Lekoil Limited
F:L5K |
100.0% |
€20.25 Million
≈ $23.68 Million |
€0.00 | Germany | Dec 2024 |
| 408 |
DINGDONG CAYMAN 2ADR/3 A
F:945 |
100.0% |
€1.18 Billion
≈ $1.38 Billion |
€0.00 | Germany | Dec 2025 |
| 409 |
Allis Electric Co Ltd
TW:1514 |
100.0% |
NT$6.07 Billion
≈ $191.33 Million |
NT$0.00 | Taiwan | Sep 2025 |
| 410 |
FDC International Hotels Corp
TW:2748 |
100.0% |
NT$3.04 Billion
≈ $95.73 Million |
NT$0.00 | Taiwan | Dec 2025 |
| 411 |
Industrial and Commercial Bank of China Limited
F:ICK |
100.0% |
€4.36 Trillion
≈ $5.09 Trillion |
€0.00 | Germany | Mar 2026 |
| 412 |
Invesco California Value Muni Inc Tr
NYSE:VCV |
100.0% | $510.67 Million | $0.00 | USA | Feb 2026 |
| 413 |
OneMedNet Corp.
NASDAQ:ONMD |
100.0% | $19.85 Million | $0.00 | USA | Jun 2023 |
| 414 |
JCY International Bhd
KLSE:5161 |
100.0% |
RM547.43 Million
≈ $137.44 Million |
RM0.00 | Malaysia | Mar 2026 |
| 415 |
Protalix Biotherapeutics Inc
NYSE MKT:PLX |
100.0% | $48.23 Million | $0.00 | USA | Dec 2025 |
| 416 |
Internet Thailand Public Company Limited
BK:INET |
100.0% |
฿3.49 Billion
≈ $108.82 Million |
฿0.00 | Thailand | Sep 2025 |
| 417 |
Macfarlane Group PLC
LSE:MACF |
100.0% |
GBX120.56 Million
≈ $14.67K |
GBX0.00 | UK | Dec 2025 |
| 418 |
Polyplex (Thailand) Public Company Limited
BK:PTL-R |
100.0% |
฿19.83 Billion
≈ $618.02 Million |
฿0.00 | Thailand | Jun 2025 |
| 419 |
Gabelli Global Utility & Income Tr
NYSE MKT:GLU |
100.0% | $134.89 Million | $0.00 | USA | Dec 2025 |
| 420 |
Yao I Fabric Co Ltd
TWO:4430 |
100.0% |
NT$1.75 Billion
≈ $55.22 Million |
NT$0.00 | Taiwan | Jun 2026 |
| 421 |
Broad Capital Acquisition Corp Unit
NASDAQ:BRACU |
100.0% | $7.22 Million | $0.00 | USA | Mar 2025 |
| 422 |
Immuron Ltd ADR
NASDAQ:IMRN |
100.0% | $13.06 Million | $0.00 | USA | Dec 2025 |
| 423 |
Trisula International Tbk
JK:TRIS |
100.0% |
Rp808.30 Billion
≈ $47.36 Million |
Rp0.00 | Indonesia | Sep 2025 |
| 424 |
Valuetronics Holdings Limited
F:GJ7 |
100.0% |
€1.47 Billion
≈ $1.72 Billion |
€0.00 | Germany | Sep 2025 |
| 425 |
Beta Systems Software AG
F:SPT6 |
100.0% |
€31.28 Million
≈ $36.57 Million |
€0.00 | Germany | Sep 2025 |
| 426 |
Chow Steel Industries Public Company Limited
BK:CHOW |
100.0% |
฿2.33 Billion
≈ $72.60 Million |
฿0.00 | Thailand | Sep 2025 |
| 427 |
U.C.A. AG O.N.
F:UCA1 |
100.0% Annual |
€11.25 Million
≈ $13.15 Million |
€0.00 | Germany | Dec 2025 |
| 428 |
Tropical Canning (Thailand) Public Company Limited
BK:TC |
100.0% |
฿2.74 Billion
≈ $85.44 Million |
฿0.00 | Thailand | Sep 2025 |
| 429 |
abrdn Asia Pacific Income Fund VCC
TO:FAP |
100.0% |
CA$99.59 Million
≈ $72.04 Million |
CA$0.00 | Canada | Apr 2026 |
| 430 |
Ancora Indonesia Resources Tbk
JK:OKAS |
100.0% |
Rp62.23 Million
≈ $3.65K |
Rp0.00 | Indonesia | Dec 2025 |
| 431 |
Pratama Widya Tbk Pt
JK:PTPW |
100.0% |
Rp667.86 Billion
≈ $39.13 Million |
Rp0.00 | Indonesia | Sep 2025 |
| 432 |
Voss Veksel og Landmandsbank ASA
OL:VVL |
100.0% |
Nkr790.55 Million
≈ $83.19 Million |
Nkr0.00 | Norway | Jun 2025 |
| 433 |
Decade Resources Ltd
V:DEC |
100.0% |
CA$12.36 Million
≈ $8.94 Million |
CA$0.00 | Canada | Apr 2026 |
| 434 |
Bayside Land Corporation Ltd
TA:BYSD |
100.0% |
ILA3.88 Billion
≈ $10.39 Million |
ILA0.00 | Israel | Jun 2021 |
| 435 |
NFI Octava SA
WAR:08N |
100.0% |
zł41.54 Million
≈ $11.43 Million |
zł0.00 | Poland | Mar 2026 |
| 436 |
COPT Defense Properties
NYSE:CDP |
100.0% | $1.61 Billion | $0.00 | USA | Jun 2026 |
| 437 |
Jai Corp Limited
NSE:JAICORPLTD |
100.0% |
Rs15.10 Billion
≈ $163.34 Million |
Rs0.00 | India | Mar 2026 |
| 438 |
Methanor
PA:ALMET |
100.0% |
€13.89 Million
≈ $16.24 Million |
€0.00 | France | Dec 2025 |
| 439 |
Venerable Ventures Ltd
V:VLV |
100.0% |
CA$1.13 Million
≈ $819.85K |
CA$0.00 | Canada | Dec 2019 |
| 440 |
Topkey Corp
TW:4536 |
100.0% |
NT$9.63 Billion
≈ $303.47 Million |
NT$0.00 | Taiwan | Mar 2026 |
| 441 |
Oscar Health Inc
NYSE:OSCR |
100.0% | $980.74 Million | $0.00 | USA | Dec 2025 |
| 442 |
Coterra Energy Inc
NYSE:CTRA |
100.0% | $15.11 Billion | $0.00 | USA | Mar 2026 |
| 443 |
Sparebank 1 Nord-Norge
OL:NONG |
100.0% |
Nkr19.14 Billion
≈ $2.01 Billion |
Nkr0.00 | Norway | Jun 2025 |
| 444 |
Mulia Boga Raya PT
JK:KEJU |
100.0% |
Rp758.04 Billion
≈ $44.42 Million |
Rp0.00 | Indonesia | Jun 2025 |
| 445 |
ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd
SHE:000029 |
100.0% |
CN¥3.47 Billion
≈ $507.96 Million |
CN¥0.00 | China | Mar 2026 |
| 446 |
Visionstate Corp
V:VIS |
100.0% |
CA$430.96K
≈ $311.75K |
CA$0.00 | Canada | Jun 2023 |
| 447 |
Atico Mining Corporation
V:ATY |
100.0% |
CA$43.77 Million
≈ $31.66 Million |
CA$0.00 | Canada | Sep 2025 |
| 448 |
Saga Pure ASA
OL:SAGA |
100.0% |
Nkr1.13 Billion
≈ $118.85 Million |
Nkr0.00 | Norway | Dec 2025 |
| 449 |
KENERGY
KLSE:0307 |
100.0% |
RM111.85 Million
≈ $28.08 Million |
RM0.00 | Malaysia | Apr 2026 |
| 450 |
Cantex Mine Development Corp
V:CD |
100.0% |
CA$1.73 Million
≈ $1.25 Million |
CA$0.00 | Canada | Oct 2025 |
| 451 |
Millenium Hotels Real Estate I SOCIMI S.A.
MC:YMHRE |
100.0% |
€574.70 Million
≈ $671.89 Million |
€0.00 | Spain | Jun 2025 |
| 452 |
Eagle Mountain Mining Ltd
AU:EM2 |
100.0% |
AU$3.20 Million
≈ $2.26 Million |
AU$0.00 | Australia | Jun 2024 |
| 453 |
Scandinavian ChemoTech AB Series B
ST:CMOTEC-B |
100.0% |
Skr1.52 Million
≈ $163.58K |
Skr0.00 | Sweden | Jun 2026 |
| 454 |
Murchison Minerals Ltd
V:MUR |
100.0% |
CA$968.97K
≈ $700.94K |
CA$0.00 | Canada | Dec 2025 |
| 455 |
Australian Vanadium Ltd
AU:AVL |
100.0% |
AU$129.88 Million
≈ $91.90 Million |
AU$0.00 | Australia | Jun 2025 |
| 456 |
Bhakti Multi Artha Pt
JK:BHAT |
100.0% |
Rp582.62 Billion
≈ $34.14 Million |
Rp0.00 | Indonesia | Jun 2025 |
| 457 |
Ram Essential Services Property Fund
AU:REP |
100.0% |
AU$398.11 Million
≈ $281.68 Million |
AU$0.00 | Australia | Jun 2025 |
| 458 |
NEW STRATUS ENERGY
F:80N |
100.0% |
€20.17 Million
≈ $23.58 Million |
€0.00 | Germany | Sep 2024 |
| 459 |
Scottie Resources Corp
V:SCOT |
100.0% |
CA$9.80 Million
≈ $7.09 Million |
CA$0.00 | Canada | Nov 2025 |
| 460 |
Integral Acquisition 1 Corp
NASDAQ:INTE |
100.0% | $9.66 Million | $0.00 | USA | Sep 2024 |
| 461 |
Blackrock Municipal Target Term Closed Fund
NYSE:BTT |
100.0% | $1.55 Billion | $0.00 | USA | Jul 2026 |
| 462 |
Vef AB
ST:VEFAB |
100.0% |
Skr433.82 Million
≈ $46.69 Million |
Skr0.00 | Sweden | Dec 2025 |
| 463 |
Kuo Toong International Co Ltd
TWO:8936 |
100.0% |
NT$8.79 Billion
≈ $276.85 Million |
NT$0.00 | Taiwan | Mar 2026 |
| 464 |
Transition Evergreen
PA:EGR |
100.0% |
€116.70 Million
≈ $136.43 Million |
€0.00 | France | Jun 2024 |
| 465 |
17 Education Technology Group Inc
NASDAQ:YQ |
100.0% | $334.15 Million | $0.00 | USA | Sep 2025 |
| 466 |
Victory Supermarket Chain Ltd
TA:VCTR |
100.0% |
ILA400.39 Million
≈ $1.07 Million |
ILA0.00 | Israel | Dec 2025 |
| 467 |
Madison Pacific Properties Inc.
TO:MPC |
100.0% |
CA$431.94 Million
≈ $312.46 Million |
CA$0.00 | Canada | Nov 2025 |
| 468 |
Sotherly Hotels Inc
NASDAQ:SOHO |
100.0% | $36.76 Million | $0.00 | USA | Sep 2025 |
| 469 |
Purple Biotech Ltd
TA:PPBT |
100.0% |
ILA32.81 Million
≈ $87.98K |
ILA0.00 | Israel | Sep 2025 |
| 470 |
Charter Hall Retail REIT
AU:CQR |
100.0% |
AU$2.85 Billion
≈ $2.02 Billion |
AU$0.00 | Australia | Dec 2025 |
| 471 |
Cayson Acquisition Corp Ordinary shares
NASDAQ:CAPN |
100.0% | $61.23 Million | $0.00 | USA | Dec 2025 |
| 472 |
Enliven Therapeutics Inc.
NASDAQ:ELVN |
100.0% | $895.15 Million | $0.00 | USA | Jun 2026 |
| 473 |
PB Bankshares Inc
NASDAQ:PBBK |
100.0% | $51.35 Million | $0.00 | USA | Sep 2025 |
| 474 |
NatWest Group PLC
LSE:NWG |
100.0% |
GBX43.67 Billion
≈ $5.31 Million |
GBX0.00 | UK | Mar 2026 |
| 475 |
PGF Capital Bhd
KLSE:8117 |
100.0% |
RM295.73 Million
≈ $74.25 Million |
RM0.00 | Malaysia | May 2026 |
| 476 |
Matritense Real Estate SOCIMI S.A.
MC:YMAT |
100.0% |
€9.86 Million
≈ $11.52 Million |
€0.00 | Spain | Dec 2025 |
| 477 |
Sino Hua-An International Bhd
KLSE:2739 |
100.0% |
RM31.72 Million
≈ $7.96 Million |
RM0.00 | Malaysia | Jun 2026 |
| 478 |
Aeon Credit Service Bhd
KLSE:5139 |
100.0% |
RM2.93 Billion
≈ $735.96 Million |
RM0.00 | Malaysia | Nov 2025 |
| 479 |
AGROB Immobilien AG
F:AGR |
100.0% |
€32.39 Million
≈ $37.87 Million |
€0.00 | Germany | Jun 2026 |
| 480 |
Elbit Med Tech
TA:EMTC |
100.0% |
ILA25.01 Million
≈ $67.05K |
ILA0.00 | Israel | Dec 2022 |
| 481 |
Jeudan
CO:JDAN |
100.0% |
Dkr12.69 Billion
≈ $1.99 Billion |
Dkr0.00 | Denmark | Sep 2025 |
| 482 |
PBA Holdings Bhd
KLSE:5041 |
100.0% |
RM1.25 Billion
≈ $312.66 Million |
RM0.00 | Malaysia | Jun 2026 |
| 483 |
Yieh United Steel
TWO:9957 |
100.0% |
NT$14.96 Billion
≈ $471.22 Million |
NT$0.00 | Taiwan | Jun 2025 |
| 484 |
Alpine Select AG
SW:ALPN |
100.0% |
CHF76.49 Million
≈ $96.71 Million |
CHF0.00 | Switzerland | Dec 2025 |
| 485 |
John Mattson Fastighetsforetagen AB
ST:JOMA |
100.0% |
Skr6.46 Billion
≈ $694.74 Million |
Skr0.00 | Sweden | Dec 2025 |
| 486 |
Imperial Ginseng Products Ltd
V:IGP |
100.0% |
CA$392.78K
≈ $284.13K |
CA$0.00 | Canada | Dec 2023 |
| 487 |
EV Resources Ltd
AU:EVR |
100.0% |
AU$2.37 Million
≈ $1.67 Million |
AU$0.00 | Australia | Jun 2025 |
| 488 |
Phosco Ltd
AU:PHO |
100.0% |
AU$12.69 Million
≈ $8.98 Million |
AU$0.00 | Australia | Dec 2021 |
| 489 |
Southwest Securities Co Ltd
SHG:600369 |
100.0% |
CN¥25.93 Billion
≈ $3.79 Billion |
CN¥0.00 | China | Sep 2025 |
| 490 |
ARRAS MINERALS CORP.
F:9RJ |
100.0% |
€13.42 Million
≈ $15.69 Million |
€0.00 | Germany | Jan 2026 |
| 491 |
Karnalyte Resources Inc.
TO:KRN |
100.0% |
CA$3.07 Million
≈ $2.22 Million |
CA$0.00 | Canada | Mar 2026 |
| 492 |
Widad Group Bhd
KLSE:0162 |
100.0% |
RM433.83 Million
≈ $108.92 Million |
RM0.00 | Malaysia | Jun 2025 |
| 493 |
Naos Small Cap Opportunities Company Ltd
AU:NSC |
100.0% |
AU$66.13 Million
≈ $46.79 Million |
AU$0.00 | Australia | Dec 2025 |
| 494 |
Codere Online US Corp
NASDAQ:CDRO |
100.0% | $38.28 Million | $0.00 | USA | Jun 2026 |
| 495 |
Onward Technologies Limited
NSE:ONWARDTEC |
100.0% |
Rs2.54 Billion
≈ $27.42 Million |
Rs0.00 | India | Mar 2026 |
| 496 |
Relay Therapeutics Inc
NASDAQ:RLAY |
100.0% | $642.18 Million | $0.00 | USA | Mar 2026 |
| 497 |
Netronix
TWO:6143 |
100.0% |
NT$4.70 Billion
≈ $147.98 Million |
NT$0.00 | Taiwan | Jun 2026 |
| 498 |
Newegg Commerce Inc
NASDAQ:NEGG |
100.0% | $186.34 Million | $0.00 | USA | Jun 2026 |
| 499 |
TRC Synergy Bhd
KLSE:5054 |
100.0% |
RM560.15 Million
≈ $140.64 Million |
RM0.00 | Malaysia | Mar 2026 |
| 500 |
Ai Energy Public Company Limited
BK:AIE |
100.0% |
฿2.02 Billion
≈ $63.10 Million |
฿0.00 | Thailand | Dec 2025 |