MAS Real Estate Inc (MSP) — Tangible Net Worth Ratio
MAS Real Estate Inc (MSP) has a Tangible Net Worth Ratio of 99.9% as of December 2025. This metric is calculated by deducting intangible assets (ZAC1.09 Million) from net assets (ZAC1.18 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore MAS Real Estate Inc net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
MAS Real Estate Inc Tangible Net Worth Ratio (2009–2025)
This chart shows how MAS Real Estate Inc's Tangible Net Worth Ratio has changed across 17 annual periods from 2009 to 2025. As of December 2025, the ratio stands at 99.9%, reflecting net assets of ZAC1.18 Billion with intangible assets of ZAC1.09 Million ZAC. For live market cap and overall valuation, see MAS Real Estate Inc market cap and net worth.
Annual Tangible Net Worth Ratio for MAS Real Estate Inc (2009–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for MAS Real Estate Inc from 2009 to 2025, covering 17 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore capital reinvestment ratio of MAS Real Estate Inc to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (ZAC) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | ZAC1.21 Billion | ZAC0.00 | ZAC1.85 Billion | ▲ +0.0 pp |
| 2024 | 100.0% | ZAC1.09 Billion | ZAC0.00 | ZAC1.64 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | ZAC964.66 Million | ZAC0.00 | ZAC1.47 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | ZAC928.15 Million | ZAC0.00 | ZAC1.53 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | ZAC869.42 Million | ZAC0.00 | ZAC1.33 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | ZAC796.02 Million | ZAC133.00K | ZAC1.29 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | ZAC865.56 Million | ZAC394.57K | ZAC1.39 Billion | ▼ 0.0 pp |
| 2018 | 100.0% | ZAC856.79 Million | ZAC299.50K | ZAC1.16 Billion | ▲ +0.0 pp |
| 2017 | 100.0% | ZAC583.04 Million | ZAC222.52K | ZAC759.04 Million | ▼ 0.0 pp |
| 2016 | 100.0% | ZAC400.84 Million | ZAC0.00 | ZAC467.60 Million | ▲ +0.0 pp |
| 2015 | 100.0% | ZAC353.14 Million | ZAC0.00 | ZAC410.46 Million | ▲ +0.0 pp |
| 2014 | 100.0% | ZAC289.32 Million | ZAC0.00 | ZAC309.99 Million | ▲ +0.0 pp |
| 2013 | 100.0% | ZAC64.22 Million | ZAC0.00 | ZAC86.27 Million | ▲ +0.0 pp |
| 2012 | 100.0% | ZAC40.77 Million | ZAC0.00 | ZAC63.73 Million | ▲ +0.0 pp |
| 2011 | 100.0% | ZAC19.73 Million | ZAC0.00 | ZAC39.32 Million | ▲ +0.0 pp |
| 2010 | 100.0% | ZAC6.62 Million | ZAC0.00 | ZAC26.42 Million | ▲ +0.0 pp |
| 2009 | 100.0% | ZAC1.44K | ZAC0.00 | ZAC2.16 Million | — |