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 |
|---|---|---|---|---|---|---|
| 501 |
AIS Resources Ltd
V:AIS |
100.0% |
CA$1.37 Million
≈ $991.61K |
CA$0.00 | Canada | Dec 2025 |
| 502 |
Redstone Resources Ltd
AU:RDS |
100.0% |
AU$9.41 Million
≈ $6.66 Million |
AU$0.00 | Australia | Jun 2025 |
| 503 |
Betamek Bhd
KLSE:0263 |
100.0% |
RM156.90 Million
≈ $39.39 Million |
RM0.00 | Malaysia | Dec 2025 |
| 504 |
Austin Gold Corp
NYSE MKT:AUST |
100.0% | $8.26 Million | $0.00 | USA | Dec 2025 |
| 505 |
Fortune Bay Corp
V:FOR |
100.0% |
CA$30.77 Million
≈ $22.26 Million |
CA$0.00 | Canada | Mar 2026 |
| 506 |
RiverNorth Managed Duration Municipal Income Fund II Inc.
NYSE:RMMZ |
100.0% | $134.45 Million | $0.00 | USA | Dec 2025 |
| 507 |
Moho Resources Ltd
AU:MOH |
100.0% |
AU$2.18 Million
≈ $1.54 Million |
AU$0.00 | Australia | Jun 2025 |
| 508 |
BRT Realty Trust
NYSE:BRT |
100.0% | $169.16 Million | $0.00 | USA | Mar 2026 |
| 509 |
Armada Acquisition Corp. II Class A Ordinary Shares
NASDAQ:AACI |
100.0% | $242.19 Million | $0.00 | USA | Jun 2026 |
| 510 |
Wealth Minerals Ltd.
V:WML |
100.0% |
CA$2.08 Million
≈ $1.50 Million |
CA$0.00 | Canada | May 2026 |
| 511 |
SVP GLOBAL TEXTILES LIMITED
NSE:SVPGLOB |
100.0% |
Rs26.86 Million
≈ $290.51K |
Rs0.00 | India | Sep 2024 |
| 512 |
On Holding Ltd
NYSE:ONON |
100.0% | $1.77 Billion | $0.00 | USA | Mar 2026 |
| 513 |
Horseshoe Metals Ltd
AU:HOR |
100.0% |
AU$20.64K
≈ $14.60K |
AU$0.00 | Australia | Jun 2023 |
| 514 |
NORTHERN FREEGOLD
F:8N6 |
100.0% |
€4.94 Million
≈ $5.78 Million |
€0.00 | Germany | Dec 2025 |
| 515 |
Kukil Metal Co. Ltd
KQ:060480 |
100.0% |
₩42.24 Billion
≈ $28.62 Million |
₩0.00 | Korea | Mar 2026 |
| 516 |
Scandium International Mining Corp
F:0E6 |
100.0% |
€615.13K
≈ $719.15K |
€0.00 | Germany | Jun 2025 |
| 517 |
Seabridge Gold Inc.
TO:SEA |
100.0% |
CA$1.06 Billion
≈ $764.45 Million |
CA$0.00 | Canada | Sep 2025 |
| 518 |
Marwyn Value Investors Ltd
LSE:MVIR |
100.0% |
GBX127.07 Million
≈ $15.46K |
GBX0.00 | UK | Jun 2025 |
| 519 |
Asia Fiber Public Company Limited
BK:AFC |
100.0% |
฿1.18 Billion
≈ $36.78 Million |
฿0.00 | Thailand | Sep 2025 |
| 520 |
Premier Energies Limited
NSE:PREMIERENE |
100.0% |
Rs43.10 Billion
≈ $466.15 Million |
Rs0.00 | India | Mar 2026 |
| 521 |
Satis Group S.A.
WAR:STS |
100.0% |
zł316.00K
≈ $86.97K |
zł0.00 | Poland | Sep 2023 |
| 522 |
Sillo Maritime Perdana Tbk PT
JK:SHIP |
100.0% |
Rp218.39 Million
≈ $12.80K |
Rp0.00 | Indonesia | Sep 2025 |
| 523 |
Eason & Co Public Company Limited
BK:EASON |
100.0% |
฿992.69 Million
≈ $30.94 Million |
฿0.00 | Thailand | Mar 2026 |
| 524 |
Helia Group Ltd
AU:HLI |
100.0% |
AU$1.02 Billion
≈ $721.01 Million |
AU$0.00 | Australia | Dec 2025 |
| 525 |
Hallador Energy Company
NASDAQ:HNRG |
100.0% | $190.64 Million | $0.00 | USA | Jun 2026 |
| 526 |
Volcon Inc
NASDAQ:VLCN |
100.0% | $13.82 Million | $0.00 | USA | Jun 2025 |
| 527 |
Landmarks Bhd
KLSE:1643 |
100.0% |
RM1.81 Billion
≈ $453.87 Million |
RM0.00 | Malaysia | Mar 2026 |
| 528 |
Regencell Bioscience Holdings Ltd
NASDAQ:RGC |
100.0% | $1.22 Million | $0.00 | USA | Mar 2026 |
| 529 |
Big Camera Corporation Public Company Limited
BK:BIG |
100.0% |
฿1.78 Billion
≈ $55.35 Million |
฿0.00 | Thailand | Sep 2025 |
| 530 |
Fortune Mate Indonesia Tbk
JK:FMII |
100.0% |
Rp693.44 Billion
≈ $40.63 Million |
Rp0.00 | Indonesia | Jun 2026 |
| 531 |
Corporativo Fragua S.A.B. de C.V
MX:FRAGUAB |
100.0% |
MX$15.04 Billion
≈ $865.70 Million |
MX$0.00 | Mexico | Sep 2020 |
| 532 |
Whitemud Resources Inc
V:WMK |
100.0% |
CA$1.30 Million
≈ $937.05K |
CA$0.00 | Canada | Sep 2021 |
| 533 |
Exact Therapeutics AS
OL:EXTX |
100.0% |
Nkr115.55 Million
≈ $12.16 Million |
Nkr0.00 | Norway | Dec 2024 |
| 534 |
Mantex AB
ST:MANTEX |
100.0% |
Skr2.10 Million
≈ $225.89K |
Skr0.00 | Sweden | Mar 2026 |
| 535 |
3I Infrastructure PLC
LSE:3IN |
100.0% |
GBX3.76 Billion
≈ $457.73K |
GBX0.00 | UK | Sep 2025 |
| 536 |
Aurania Resources Ltd
V:ARU |
100.0% |
CA$3.46 Million
≈ $2.50 Million |
CA$0.00 | Canada | Dec 2020 |
| 537 |
Urban Outfitters Inc
NASDAQ:URBN |
100.0% | $2.82 Billion | $0.00 | USA | Jan 2026 |
| 538 |
Appreciate Holdings, Inc.
NASDAQ:SFRT |
100.0% | $210.75 Million | $0.00 | USA | Sep 2022 |
| 539 |
COM.INTL BK GDR S LE 10
F:CIN |
100.0% |
€231.51 Billion
≈ $270.66 Billion |
€0.00 | Germany | Dec 2025 |
| 540 |
TEMENOS AG UNSP.ADR/1
F:TE8A |
100.0% |
€415.02 Million
≈ $485.20 Million |
€0.00 | Germany | Mar 2026 |
| 541 |
Tai-Tech Advanced Electronics Co Ltd
TWO:3357 |
100.0% |
NT$9.37 Billion
≈ $295.20 Million |
NT$0.00 | Taiwan | Dec 2025 |
| 542 |
United Tractors Tbk PT
JK:UNTR |
100.0% |
Rp101.24 Trillion
≈ $5.93 Billion |
Rp0.00 | Indonesia | Mar 2026 |
| 543 |
QMC Quantum Minerals Corp
V:QMC |
100.0% |
CA$3.37 Million
≈ $2.43 Million |
CA$0.00 | Canada | Nov 2025 |
| 544 |
Radian Group Inc
NYSE:RDN |
100.0% | $4.81 Billion | $0.00 | USA | Mar 2026 |
| 545 |
Endeavour Silver Corp.
TO:EDR |
100.0% |
CA$711.24 Million
≈ $514.50 Million |
CA$0.00 | Canada | Jun 2026 |
| 546 |
Firefly Metals Ltd
AU:FFM |
100.0% |
AU$514.48 Million
≈ $364.03 Million |
AU$0.00 | Australia | Dec 2025 |
| 547 |
FORTE MINERALS CORP.
F:2OA |
100.0% |
€9.91 Million
≈ $11.59 Million |
€0.00 | Germany | Sep 2025 |
| 548 |
Chung Hung Steel Corp
TW:2014 |
100.0% |
NT$12.29 Billion
≈ $387.05 Million |
NT$0.00 | Taiwan | Jun 2026 |
| 549 |
W. R. Berkley Corp
NYSE:WRB |
100.0% | $9.81 Billion | $0.00 | USA | Sep 2025 |
| 550 |
LUBAWA SA
WAR:LBW |
100.0% |
zł535.65 Million
≈ $147.42 Million |
zł0.00 | Poland | Sep 2025 |
| 551 |
Havilah Resources Ltd
AU:HAV |
100.0% |
AU$55.38 Million
≈ $39.18 Million |
AU$0.00 | Australia | Jan 2026 |
| 552 |
Zhejiang Zone King Environmental Sci&Tech Co Ltd
SHG:688701 |
100.0% |
CN¥179.97 Million
≈ $26.34 Million |
CN¥0.00 | China | Jun 2025 |
| 553 |
Ciputra Development Tbk
JK:CTRA |
100.0% |
Rp27.46 Trillion
≈ $1.61 Billion |
Rp0.00 | Indonesia | Mar 2026 |
| 554 |
Encounter Resources Ltd
AU:ENR |
100.0% |
AU$72.53 Million
≈ $51.32 Million |
AU$0.00 | Australia | Dec 2025 |
| 555 |
Octopus Aim Vct Plc
LSE:OOA |
100.0% |
GBX112.28 Million
≈ $13.66K |
GBX0.00 | UK | Aug 2025 |
| 556 |
EMBOTELL. ANDINA ADR A/6
F:AKOA |
100.0% |
€1.41 Trillion
≈ $1.64 Trillion |
€0.00 | Germany | Mar 2026 |
| 557 |
Vastned Retail Belgium
BR:VASTB |
100.0% |
€744.31 Million
≈ $870.18 Million |
€0.00 | Belgium | Jun 2026 |
| 558 |
Zeo Energy Corp.
NASDAQ:ZEO |
100.0% | $30.27 Million | $0.00 | USA | Mar 2026 |
| 559 |
Bank Multiarta Sentosa PT
JK:MASB |
100.0% |
Rp4.12 Trillion
≈ $241.42 Million |
Rp0.00 | Indonesia | Jun 2026 |
| 560 |
Peninsula Group Ltd
TA:PEN |
100.0% |
ILA555.41 Million
≈ $1.49 Million |
ILA0.00 | Israel | Sep 2025 |
| 561 |
BIOCURE TECHNOLOGY INC.
F:1WH |
100.0% |
€1.58 Million
≈ $1.84 Million |
€0.00 | Germany | Dec 2025 |
| 562 |
Coca Cola HBC AG
LSE:CCH |
100.0% |
GBX4.22 Billion
≈ $512.88K |
GBX0.00 | UK | Jun 2026 |
| 563 |
Investcorp India Acquisition Corp. Class A ordinary share
NASDAQ:IVCA |
100.0% | $12.85 Million | $0.00 | USA | Mar 2025 |
| 564 |
Prima Andalan Mandiri Tbk PT
JK:MCOL |
100.0% |
Rp562.66 Million
≈ $32.97K |
Rp0.00 | Indonesia | Jun 2025 |
| 565 |
Good Will Instrument Co Ltd
TW:2423 |
100.0% |
NT$2.78 Billion
≈ $87.74 Million |
NT$0.00 | Taiwan | Sep 2025 |
| 566 |
CR Capital AG
XETRA:CRZK |
100.0% |
€394.06 Million
≈ $460.70 Million |
€0.00 | Germany | Jun 2024 |
| 567 |
Global Lights Acquisition Corp Ordinary Shares
NASDAQ:GLAC |
100.0% | $69.62 Million | $0.00 | USA | Aug 2024 |
| 568 |
Ternium SA DRC
BA:TXR |
100.0% |
AR$16.51 Billion
≈ $11.94 Million |
AR$0.00 | Argentina | Mar 2026 |
| 569 |
XOX Technology Bhd
KLSE:0017 |
100.0% |
RM56.12 Million
≈ $14.09 Million |
RM0.00 | Malaysia | Mar 2026 |
| 570 |
ASTROTECH CORP.
F:SP5 |
100.0% |
€15.52 Million
≈ $18.14 Million |
€0.00 | Germany | Dec 2025 |
| 571 |
Marketwise Inc
NASDAQ:MKTW |
100.0% | $400.82 Million | $0.00 | USA | Sep 2020 |
| 572 |
VNV Global AB
ST:VNV |
100.0% |
Skr598.27 Million
≈ $64.38 Million |
Skr0.00 | Sweden | Jun 2025 |
| 573 |
Ondo InsurTech PLC
LSE:ONDO |
100.0% |
GBX1.67 Million
≈ $203.25 |
GBX0.00 | UK | Feb 2022 |
| 574 |
RDC Semiconductor Co Ltd
TWO:3228 |
100.0% |
NT$637.34 Million
≈ $20.08 Million |
NT$0.00 | Taiwan | Mar 2026 |
| 575 |
Admie Holding S.A
AT:ADMIE |
100.0% |
€1.47 Billion
≈ $1.71 Billion |
€0.00 | Greece | Jun 2025 |
| 576 |
Alphamin Res
V:AFM |
100.0% |
CA$457.39 Million
≈ $330.87 Million |
CA$0.00 | Canada | Jun 2025 |
| 577 |
Bindi Metals Ltd
AU:BIM |
100.0% |
AU$4.58 Million
≈ $3.24 Million |
AU$0.00 | Australia | Dec 2025 |
| 578 |
West African Resources Limited
F:W25 |
100.0% |
€1.76 Billion
≈ $2.06 Billion |
€0.00 | Germany | Dec 2025 |
| 579 |
Whitebark Energy Ltd
AU:WBE |
100.0% |
AU$1.43 Million
≈ $1.01 Million |
AU$0.00 | Australia | Jun 2023 |
| 580 |
Bergbahnen Engelberg Truebsee Titlis Bet AG
SW:TIBN |
100.0% |
CHF167.63 Million
≈ $211.93 Million |
CHF0.00 | Switzerland | Oct 2025 |
| 581 |
Centurion Minerals Ltd
V:CTN |
100.0% Annual |
CA$864.48K
≈ $625.35K |
CA$0.00 | Canada | Jul 2013 |
| 582 |
Pan American Silver Corp
TO:PAAS |
100.0% |
CA$7.36 Billion
≈ $5.32 Billion |
CA$0.00 | Canada | Mar 2026 |
| 583 |
Pinduoduo Inc
F:9PDA |
100.0% |
€423.43 Billion
≈ $495.03 Billion |
€0.00 | Germany | Mar 2026 |
| 584 |
Intelicare Holdings Ltd
AU:ICR |
100.0% |
AU$604.64K
≈ $427.82K |
AU$0.00 | Australia | Dec 2024 |
| 585 |
Adriatic Metals Plc
AU:ADT |
100.0% |
AU$118.37 Million
≈ $83.76 Million |
AU$0.00 | Australia | Dec 2024 |
| 586 |
Sreeleathers Limited
NSE:SREEL |
100.0% |
Rs4.98 Billion
≈ $53.83 Million |
Rs0.00 | India | Mar 2026 |
| 587 |
Rank Progress S.A.
WAR:RNK |
100.0% |
zł549.08 Million
≈ $151.11 Million |
zł0.00 | Poland | Mar 2026 |
| 588 |
Baillie Gifford China Growth Trust PLC
LSE:BGCG |
100.0% |
GBX197.59 Million
≈ $24.04K |
GBX0.00 | UK | Jan 2026 |
| 589 |
Dassault Systèmes SE
F:DSY |
100.0% |
€9.23 Billion
≈ $10.79 Billion |
€0.00 | Germany | Mar 2026 |
| 590 |
Hitech Group Australia Ltd
AU:HIT |
100.0% |
AU$11.57 Million
≈ $8.19 Million |
AU$0.00 | Australia | Jun 2025 |
| 591 |
The Mercantile Investment Trust plc
LSE:MRC |
100.0% |
GBX1.97 Billion
≈ $239.42K |
GBX0.00 | UK | Jan 2026 |
| 592 |
Octopus Renewables Infra Trust
LSE:ORIT |
100.0% |
GBX494.80 Million
≈ $60.20K |
GBX0.00 | UK | Dec 2025 |
| 593 |
Strategic Metals Ltd
V:SMD |
100.0% |
CA$85.56 Million
≈ $61.90 Million |
CA$0.00 | Canada | Mar 2026 |
| 594 |
Worldwide Healthcare Trust Plc
LSE:WWH |
100.0% |
GBX1.44 Billion
≈ $175.73K |
GBX0.00 | UK | Sep 2025 |
| 595 |
Da-Li Development Co Ltd
TW:6177 |
100.0% |
NT$9.23 Billion
≈ $290.93 Million |
NT$0.00 | Taiwan | Jun 2025 |
| 596 |
President Securities Corp
TW:2855 |
100.0% |
NT$36.86 Billion
≈ $1.16 Billion |
NT$0.00 | Taiwan | Sep 2025 |
| 597 |
Microcosm Technology Co Ltd
TWO:3354 |
100.0% |
NT$791.68 Million
≈ $24.94 Million |
NT$0.00 | Taiwan | Jun 2025 |
| 598 |
Reliq Health Technologies Inc
V:RHT |
100.0% |
CA$13.42 Million
≈ $9.71 Million |
CA$0.00 | Canada | Mar 2023 |
| 599 |
Nahar Poly Films Limited
NSE:NAHARPOLY |
100.0% |
Rs8.53 Billion
≈ $92.22 Million |
Rs0.00 | India | Sep 2025 |
| 600 |
West Cobar Metals Ltd
AU:WC1 |
100.0% |
AU$8.27 Million
≈ $5.85 Million |
AU$0.00 | Australia | Jun 2025 |