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
31,440
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 |
|---|---|---|---|---|---|---|
| 5101 |
Kingsland Minerals Ltd
AU:KNG |
100.0% |
AU$9.10 Million
≈ $6.44 Million |
AU$0.00 | Australia | Dec 2025 |
| 5102 |
Greiffenberger AG
F:GRF |
100.0% |
€19.90 Million
≈ $23.26 Million |
€0.00 | Germany | Jun 2025 |
| 5103 |
MONTEGO RESOURCES INC.
F:4MO |
100.0% |
€16.63K
≈ $19.44K |
€0.00 | Germany | Dec 2024 |
| 5104 |
NEXGEN ENERGY LTD CDI/1
F:6NEA |
100.0% |
€1.84 Billion
≈ $2.16 Billion |
€0.00 | Germany | Jun 2026 |
| 5105 |
Launch One Acquisition Corp. Class A Ordinary shares
NASDAQ:LPAA |
100.0% | $233.89 Million | $0.00 | USA | Dec 2025 |
| 5106 |
Personalis Inc
NASDAQ:PSNL |
100.0% | $235.16 Million | $0.00 | USA | Jun 2026 |
| 5107 |
Thai Coating Industrial Public Company Limited
BK:TCOAT |
100.0% |
฿547.80 Million
≈ $17.07 Million |
฿0.00 | Thailand | Sep 2025 |
| 5108 |
San Lien Technology
TWO:5493 |
100.0% |
NT$3.14 Billion
≈ $98.81 Million |
NT$0.00 | Taiwan | Sep 2025 |
| 5109 |
Cabnet Holdings Bhd
KLSE:0191 |
100.0% |
RM51.61 Million
≈ $12.96 Million |
RM0.00 | Malaysia | Nov 2025 |
| 5110 |
Shires Income
LSE:SHRS |
100.0% |
GBX117.31 Million
≈ $14.27K |
GBX0.00 | UK | Sep 2025 |
| 5111 |
Kiromic Biopharma Inc
NASDAQ:KRBP |
100.0% | $284.10K | $0.00 | USA | Sep 2022 |
| 5112 |
Bumi Resources Tbk
JK:BUMI |
100.0% |
Rp2.81 Billion
≈ $164.39K |
Rp0.00 | Indonesia | Jun 2025 |
| 5113 |
EuroDry Ltd
NASDAQ:EDRY |
100.0% | $109.44 Million | $0.00 | USA | Jun 2026 |
| 5114 |
Guru Organic Energy Corp
TO:GURU |
100.0% |
CA$29.77 Million
≈ $21.53 Million |
CA$0.00 | Canada | Jan 2026 |
| 5115 |
Entra ASA
OL:ENTRA |
100.0% |
Nkr24.75 Billion
≈ $2.60 Billion |
Nkr0.00 | Norway | Dec 2025 |
| 5116 |
Intuitive Investments Group Plc
LSE:IIG |
100.0% |
GBX328.04 Million
≈ $39.91K |
GBX0.00 | UK | Sep 2025 |
| 5117 |
Electric Royalties Ltd
V:ELEC |
100.0% |
CA$4.56 Million
≈ $3.30 Million |
CA$0.00 | Canada | Mar 2026 |
| 5118 |
Prothena Corporation plc
NASDAQ:PRTA |
100.0% | $294.99 Million | $0.00 | USA | Sep 2025 |
| 5119 |
Terrain Minerals Ltd
AU:TMX |
100.0% |
AU$4.98 Million
≈ $3.53 Million |
AU$0.00 | Australia | Jun 2025 |
| 5120 |
RYANAIR HLDGS ADR NEW/5
F:RY4D |
100.0% |
€8.78 Billion
≈ $10.27 Billion |
€0.00 | Germany | Dec 2025 |
| 5121 |
Exelixis Inc
NASDAQ:EXEL |
100.0% | $2.16 Billion | $0.00 | USA | Dec 2025 |
| 5122 |
The State Trading Corporation of India Limited
NSE:STCINDIA |
100.0% |
Rs10.39 Billion
≈ $112.36 Million |
Rs0.00 | India | Mar 2015 |
| 5123 |
Manuka Resources Ltd
AU:MKR |
100.0% |
AU$22.99 Million
≈ $16.27 Million |
AU$0.00 | Australia | Dec 2025 |
| 5124 |
Euro Sun Mining Inc
TO:ESM |
100.0% |
CA$820.08K
≈ $593.23K |
CA$0.00 | Canada | Sep 2021 |
| 5125 |
Grand Hall Enterprise Co Ltd
TWO:8941 |
100.0% |
NT$886.91 Million
≈ $27.94 Million |
NT$0.00 | Taiwan | Dec 2025 |
| 5126 |
Peabody Energy Corp
NYSE:BTU |
100.0% | $3.54 Billion | $0.00 | USA | Mar 2026 |
| 5127 |
Tadmax Resources Berhad
KLSE:4022 |
100.0% |
RM539.72 Million
≈ $135.51 Million |
RM0.00 | Malaysia | Sep 2025 |
| 5128 |
NATURGY ENERGY ADR1/5/E01
F:GANA |
100.0% |
€10.13 Billion
≈ $11.85 Billion |
€0.00 | Germany | Mar 2026 |
| 5129 |
Micronet Ltd
TA:MCRNT |
100.0% |
ILA16.05 Million
≈ $43.03K |
ILA0.00 | Israel | Dec 2024 |
| 5130 |
Lena Lighting S.A.
WAR:LEN |
100.0% |
zł108.80 Million
≈ $29.94 Million |
zł0.00 | Poland | Mar 2026 |
| 5131 |
Aban Offshore Limited
NSE:ABAN |
100.0% |
Rs186.81 Million
≈ $2.02 Million |
Rs0.00 | India | Mar 2018 |
| 5132 |
Hargreave Hale Aim Vct PLC
LSE:HHV |
100.0% |
GBX126.75 Million
≈ $15.42K |
GBX0.00 | UK | Mar 2025 |
| 5133 |
Ares Acquisition Corporation II
NYSE:AACT |
100.0% | $533.98 Million | $0.00 | USA | Jun 2025 |
| 5134 |
JADESTONE ENERGY LS -001
F:8KW |
100.0% |
€64.03 Million
≈ $74.86 Million |
€0.00 | Germany | Jun 2025 |
| 5135 |
Wingara AG Ltd
AU:WNR |
100.0% |
AU$392.69K
≈ $277.85K |
AU$0.00 | Australia | Mar 2025 |
| 5136 |
Gateway Mining Ltd
AU:GML |
100.0% |
AU$93.41 Million
≈ $66.09 Million |
AU$0.00 | Australia | Dec 2025 |
| 5137 |
Mineral & Financial Investments Ltd
LSE:MAFL |
100.0% |
GBX16.42 Million
≈ $2.00K |
GBX0.00 | UK | Dec 2025 |
| 5138 |
Wilson Bayly Holmes Ovcon Ltd
JSE:WBO |
100.0% |
ZAC5.77 Billion
≈ $3.06 Million |
ZAC0.00 | South Africa | Dec 2025 |
| 5139 |
AGRANA Beteiligungs-Aktiengesellschaft
VI:AGR |
100.0% |
€1.11 Billion
≈ $1.30 Billion |
€0.00 | Austria | Nov 2025 |
| 5140 |
North Energy ASA
OL:NORTH |
100.0% |
Nkr348.67 Million
≈ $36.69 Million |
Nkr0.00 | Norway | Jun 2025 |
| 5141 |
Tamilnad Mercantile Bank Limited
NSE:TMB |
100.0% |
Rs101.10 Billion
≈ $1.09 Billion |
Rs0.00 | India | Mar 2026 |
| 5142 |
Agriculture & Natural Solutions Acquisition Corporation Class A Ordinary Shares
NASDAQ:ANSC |
100.0% | $336.78 Million | $0.00 | USA | Dec 2025 |
| 5143 |
XBiotech Inc
NASDAQ:XBIT |
100.0% | $140.35 Million | $0.00 | USA | Dec 2025 |
| 5144 |
Schouw & Co.
CO:SCHO |
100.0% |
Dkr12.07 Billion
≈ $1.89 Billion |
Dkr0.00 | Denmark | Mar 2026 |
| 5145 |
Tae Won Mulsan
KO:001420 |
100.0% |
₩39.71 Billion
≈ $26.91 Million |
₩0.00 | Korea | Mar 2026 |
| 5146 |
Canadian Apartment Properties Real Estate Investment Trust
TO:CAR-UN |
100.0% |
CA$8.34 Billion
≈ $6.04 Billion |
CA$0.00 | Canada | Jun 2026 |
| 5147 |
ICDS Limited
NSE:ICDSLTD |
100.0% |
Rs299.64 Million
≈ $3.24 Million |
Rs0.00 | India | Mar 2026 |
| 5148 |
King Core Electronics Inc
TW:6155 |
100.0% |
NT$1.59 Billion
≈ $49.96 Million |
NT$0.00 | Taiwan | Sep 2025 |
| 5149 |
Smart Gunes Enerjisi Teknolojileri Arastirma Gelistirme Uretim Sanayi ve Ticaret
IS:SMRTG |
100.0% |
TL3.76 Billion
≈ $84.16 Million |
TL0.00 | Turkey | Sep 2025 |
| 5150 |
SilverBox Corp IV
NYSE:SBXD |
100.0% | $200.52 Million | $0.00 | USA | Dec 2025 |
| 5151 |
EPE Special Opportunities Limited
LSE:ESO |
100.0% |
GBX100.01 Million
≈ $12.17K |
GBX0.00 | UK | Jan 2026 |
| 5152 |
BANC.DE.SA.A ADR2/EO-125
F:BDS |
100.0% |
€12.18 Billion
≈ $14.24 Billion |
€0.00 | Germany | Jun 2026 |
| 5153 |
Bekasi Asri Pemula Tbk
JK:BAPA |
100.0% |
Rp115.65 Billion
≈ $6.78 Million |
Rp0.00 | Indonesia | Sep 2025 |
| 5154 |
Golden House
TA:GOHO |
100.0% |
ILA272.61 Million
≈ $730.85K |
ILA0.00 | Israel | Mar 2026 |
| 5155 |
Taiwan Wax Co Ltd
TWO:1742 |
100.0% |
NT$1.28 Billion
≈ $40.25 Million |
NT$0.00 | Taiwan | Mar 2026 |
| 5156 |
TTY Biopharm Co Ltd
TWO:4105 |
100.0% |
NT$7.40 Billion
≈ $233.10 Million |
NT$0.00 | Taiwan | Mar 2026 |
| 5157 |
Hsin-Sin Textile Co Ltd
TWO:4406 |
100.0% |
NT$541.20 Million
≈ $17.05 Million |
NT$0.00 | Taiwan | Sep 2025 |
| 5158 |
HarbourVest Global Private Equity Ltd
LSE:HVPE |
100.0% |
GBX3.17 Billion
≈ $386.08K |
GBX0.00 | UK | Jul 2025 |
| 5159 |
Jiin Ming Industry Co Ltd
TWO:3230 |
100.0% |
NT$960.91 Million
≈ $30.27 Million |
NT$0.00 | Taiwan | Sep 2025 |
| 5160 |
Phillips 66
F:PSX |
100.0% |
€838.76 Million
≈ $980.60 Million |
€0.00 | Germany | Dec 2025 |
| 5161 |
Johan Holdings Bhd
KLSE:3441 |
100.0% |
RM192.10 Million
≈ $48.23 Million |
RM0.00 | Malaysia | Apr 2026 |
| 5162 |
COCRYSTAL PHARMA NEW O.N.
F:8CC |
100.0% |
€6.33 Million
≈ $7.40 Million |
€0.00 | Germany | Dec 2025 |
| 5163 |
PT Winner Nusantara Jaya Tbk
JK:WINR |
100.0% |
Rp376.79 Billion
≈ $22.08 Million |
Rp0.00 | Indonesia | Jun 2025 |
| 5164 |
Smooth Rock Ventures Corp
V:SMRV |
100.0% |
CA$1.50 Million
≈ $1.09 Million |
CA$0.00 | Canada | Mar 2026 |
| 5165 |
Anatara Lifesciences Ltd
AU:ANR |
100.0% |
AU$535.97K
≈ $379.23K |
AU$0.00 | Australia | Jun 2025 |
| 5166 |
BTM Resources Bhd
KLSE:7188 |
100.0% |
RM54.07 Million
≈ $13.57 Million |
RM0.00 | Malaysia | Sep 2025 |
| 5167 |
Gold Road Resources Ltd
AU:GOR |
100.0% |
AU$1.45 Billion
≈ $1.03 Billion |
AU$0.00 | Australia | Jun 2025 |
| 5168 |
Mineral Commodities Ltd
AU:MRC |
100.0% |
AU$87.26 Million
≈ $61.74 Million |
AU$0.00 | Australia | Dec 2023 |
| 5169 |
Newbury Street Acquisition Corp
NASDAQ:NBST |
100.0% | $6.45 Million | $0.00 | USA | Mar 2024 |
| 5170 |
Riedel Resources Ltd
AU:RIE |
100.0% |
AU$5.44 Million
≈ $3.85 Million |
AU$0.00 | Australia | Dec 2025 |
| 5171 |
ASIA Capital Group Public Company Limited
BK:ACAP |
100.0% |
฿752.14 Million
≈ $23.44 Million |
฿0.00 | Thailand | Jun 2025 |
| 5172 |
GoldOn Resources Ltd
V:GLD |
100.0% |
CA$961.87K
≈ $695.80K |
CA$0.00 | Canada | Mar 2025 |
| 5173 |
North Eastern Carrying Corporation Limited
NSE:NECCLTD |
100.0% |
Rs2.27 Billion
≈ $24.55 Million |
Rs0.00 | India | Mar 2026 |
| 5174 |
Ahlada Engineers Limited
NSE:AHLADA |
100.0% |
Rs1.37 Billion
≈ $14.84 Million |
Rs0.00 | India | Mar 2026 |
| 5175 |
Arrienda Rental Properties SOCIMI SA
MC:YARP |
100.0% |
€26.20 Million
≈ $30.64 Million |
€0.00 | Spain | Dec 2025 |
| 5176 |
Lithium Energy Ltd
AU:LEL |
100.0% |
AU$77.54 Million
≈ $54.87 Million |
AU$0.00 | Australia | Dec 2025 |
| 5177 |
Kendrick Resources PLC
LSE:KEN |
100.0% |
GBX1.16 Million
≈ $141.01 |
GBX0.00 | UK | Jun 2025 |
| 5178 |
Foresight Solar Fund Ltd
LSE:FSFL |
100.0% |
GBX603.80 Million
≈ $73.46K |
GBX0.00 | UK | Jun 2025 |
| 5179 |
Goldcliff Resource Corp
V:GCN |
100.0% |
CA$627.49K
≈ $453.92K |
CA$0.00 | Canada | Apr 2026 |
| 5180 |
TCI Finance Limited
NSE:TCIFINANCE |
100.0% |
Rs13.90 Million
≈ $150.32K |
Rs0.00 | India | Sep 2019 |
| 5181 |
Merry Electronics Co Ltd
TW:2439 |
100.0% |
NT$16.57 Billion
≈ $521.93 Million |
NT$0.00 | Taiwan | Jun 2025 |
| 5182 |
ReGen III Corp
V:GIII |
100.0% |
CA$881.17K
≈ $637.42K |
CA$0.00 | Canada | Mar 2023 |
| 5183 |
Redcastle Resources Ltd
AU:RC1 |
100.0% |
AU$8.76 Million
≈ $6.20 Million |
AU$0.00 | Australia | Dec 2025 |
| 5184 |
LondonMetric Property Plc
LSE:LMP |
100.0% |
GBX4.72 Billion
≈ $573.80K |
GBX0.00 | UK | Sep 2025 |
| 5185 |
Atrium Real Estate Investment Trust
KLSE:5130 |
100.0% |
RM368.44 Million
≈ $92.50 Million |
RM0.00 | Malaysia | Dec 2025 |
| 5186 |
NINE MILE METALS LTD
F:KQ9 |
100.0% |
€5.51 Million
≈ $6.44 Million |
€0.00 | Germany | Dec 2025 |
| 5187 |
Totalindo Eka Persada Tbk PT
JK:TOPS |
100.0% |
Rp415.59 Billion
≈ $24.35 Million |
Rp0.00 | Indonesia | Sep 2024 |
| 5188 |
Excellon Resources Inc.
TO:EXN |
100.0% |
CA$8.88 Million
≈ $6.42 Million |
CA$0.00 | Canada | Mar 2025 |
| 5189 |
Ascendis Pharma AS
NASDAQ:ASND |
100.0% | $488.48 Million | $0.00 | USA | Mar 2026 |
| 5190 |
FDM Group Holdings PLC
LSE:FDM |
100.0% |
GBX52.15 Million
≈ $6.34K |
GBX0.00 | UK | Dec 2025 |
| 5191 |
Higgstec
TWO:5220 |
100.0% |
NT$740.61 Million
≈ $23.33 Million |
NT$0.00 | Taiwan | Sep 2025 |
| 5192 |
Petro-Victory Energy Corp
V:VRY |
100.0% |
CA$1.91 Million
≈ $1.38 Million |
CA$0.00 | Canada | Mar 2024 |
| 5193 |
Great Southern Mining Ltd
AU:GSN |
100.0% |
AU$16.22 Million
≈ $11.47 Million |
AU$0.00 | Australia | Dec 2025 |
| 5194 |
Inno Holdings Inc. Common Stock
NASDAQ:INHD |
100.0% | $46.81 Million | $0.00 | USA | Mar 2026 |
| 5195 |
Spectral AI Inc.
NASDAQ:MDAI |
100.0% | $1.46 Million | $0.00 | USA | Sep 2023 |
| 5196 |
Eaton Vance National Municipal Opportunities Closed Fund
NYSE:EOT |
100.0% | $279.77 Million | $0.00 | USA | Mar 2026 |
| 5197 |
Air Lease Corporation
NYSE:AL |
100.0% | $8.47 Billion | $0.00 | USA | Dec 2025 |
| 5198 |
Twinhead International Corp
TW:2364 |
100.0% |
NT$751.86 Million
≈ $23.69 Million |
NT$0.00 | Taiwan | Mar 2026 |
| 5199 |
Vale Indonesia Tbk
JK:INCO |
100.0% |
Rp2.82 Billion
≈ $165.21K |
Rp0.00 | Indonesia | Mar 2026 |
| 5200 |
Instone Real Estate Group AG
XETRA:INS |
100.0% |
€613.41 Million
≈ $717.14 Million |
€0.00 | Germany | Sep 2025 |