HSBC Holdings PLC (HSBA) — Tangible Net Worth Ratio
HSBC Holdings PLC (HSBA) has a Tangible Net Worth Ratio of 100.0% as of June 2026. This metric is calculated by deducting intangible assets (GBX0.00) from net assets (GBX197.08 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 HSBA 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
HSBC Holdings PLC Tangible Net Worth Ratio (1987–2025)
This chart shows how HSBC Holdings PLC's Tangible Net Worth Ratio has changed across 39 annual periods from 1987 to 2025. As of June 2026, the ratio stands at 100.0%, reflecting net assets of GBX197.08 Billion with intangible assets of GBX0.00 GBX. For live market cap and overall valuation, see HSBC Holdings PLC stock valuation.
Annual Tangible Net Worth Ratio for HSBC Holdings PLC (1987–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for HSBC Holdings PLC from 1987 to 2025, covering 39 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 HSBC Holdings PLC (HSBA) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (GBX) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 95.3% | GBX185.02 Billion | GBX8.69 Billion | GBX3.23 Trillion | ▼ -0.4 pp |
| 2024 | 95.7% | GBX192.27 Billion | GBX8.27 Billion | GBX3.02 Trillion | ▼ -0.1 pp |
| 2023 | 95.8% | GBX192.61 Billion | GBX8.16 Billion | GBX3.04 Trillion | ▼ -0.3 pp |
| 2022 | 96.1% | GBX185.20 Billion | GBX7.26 Billion | GBX2.95 Trillion | ▲ +3.6 pp |
| 2021 | 92.5% | GBX206.78 Billion | GBX15.59 Billion | GBX2.96 Trillion | ▼ -0.4 pp |
| 2020 | 92.9% | GBX205.00 Billion | GBX14.56 Billion | GBX2.98 Trillion | ▲ +0.5 pp |
| 2019 | 92.4% | GBX192.67 Billion | GBX14.57 Billion | GBX2.72 Trillion | ▼ -1.7 pp |
| 2018 | 94.1% | GBX194.25 Billion | GBX11.37 Billion | GBX2.56 Trillion | ▼ -0.9 pp |
| 2017 | 95.0% | GBX197.87 Billion | GBX9.87 Billion | GBX2.52 Trillion | ▼ 0.0 pp |
| 2016 | 95.1% | GBX182.58 Billion | GBX9.02 Billion | GBX2.37 Trillion | ▼ -0.7 pp |
| 2015 | 95.8% | GBX197.52 Billion | GBX8.30 Billion | GBX2.41 Trillion | ▲ +0.0 pp |
| 2014 | 95.8% | GBX199.98 Billion | GBX8.41 Billion | GBX2.63 Trillion | ▲ +0.4 pp |
| 2013 | 95.4% | GBX190.46 Billion | GBX8.74 Billion | GBX2.67 Trillion | ▲ +0.0 pp |
| 2012 | 95.4% | GBX183.13 Billion | GBX8.46 Billion | GBX2.69 Trillion | ▲ +0.0 pp |
| 2011 | 95.4% | GBX166.09 Billion | GBX7.70 Billion | GBX2.56 Trillion | ▲ +0.2 pp |
| 2010 | 95.1% | GBX154.91 Billion | GBX7.52 Billion | GBX2.45 Trillion | ▲ +0.1 pp |
| 2009 | 95.0% | GBX135.66 Billion | GBX6.75 Billion | GBX2.36 Trillion | ▲ +0.5 pp |
| 2008 | 94.5% | GBX100.23 Billion | GBX5.50 Billion | GBX2.53 Trillion | ▼ -1.5 pp |
| 2007 | 96.0% | GBX135.42 Billion | GBX5.44 Billion | GBX2.35 Trillion | ▲ +0.2 pp |
| 2006 | 95.8% | GBX114.93 Billion | GBX4.86 Billion | GBX1.86 Trillion | ▲ +29.6 pp |
| 2005 | 66.2% | GBX98.23 Billion | GBX33.20 Billion | GBX1.50 Trillion | ▲ +1.0 pp |
| 2004 | 65.2% | GBX99.20 Billion | GBX34.49 Billion | GBX1.28 Trillion | ▼ -1.2 pp |
| 2003 | 66.4% | GBX85.35 Billion | GBX28.66 Billion | GBX1.12 Trillion | ▼ -4.4 pp |
| 2002 | 70.9% | GBX58.96 Billion | GBX17.17 Billion | GBX818.58 Billion | ▼ -1.4 pp |
| 2001 | 72.3% | GBX52.47 Billion | GBX14.56 Billion | GBX747.20 Billion | ▼ -8.6 pp |
| 2000 | 80.9% | GBX78.98 Billion | GBX15.09 Billion | GBX1.01 Trillion | ▼ -19.1 pp |
| 1999 | 100.0% | GBX64.69 Billion | GBX0.00 | GBX993.37 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | GBX50.94 Billion | GBX0.00 | GBX804.56 Billion | ▲ +0.0 pp |
| 1997 | 100.0% | GBX30.80 Billion | GBX0.00 | GBX473.44 Billion | ▲ +0.0 pp |
| 1996 | 100.0% | GBX29.65 Billion | GBX0.00 | GBX405.10 Billion | ▲ +0.0 pp |
| 1995 | 100.0% | GBX23.84 Billion | GBX0.00 | GBX350.48 Billion | ▲ +0.0 pp |
| 1994 | 100.0% | GBX19.48 Billion | GBX0.00 | GBX315.05 Billion | ▲ +0.0 pp |
| 1993 | 100.0% | GBX16.12 Billion | GBX0.00 | GBX306.86 Billion | ▲ +0.0 pp |
| 1992 | 100.0% | GBX14.22 Billion | GBX0.00 | GBX280.80 Billion | ▲ +0.0 pp |
| 1991 | 100.0% | GBX8.28 Billion | GBX0.00 | GBX160.52 Billion | ▲ +0.0 pp |
| 1990 | 100.0% | GBX7.81 Billion | GBX0.00 | GBX149.25 Billion | ▲ +0.0 pp |
| 1989 | 100.0% | GBX7.66 Billion | GBX0.00 | GBX132.58 Billion | ▲ +0.0 pp |
| 1988 | 100.0% | GBX5.25 Billion | GBX0.00 | GBX113.90 Billion | ▲ +0.0 pp |
| 1987 | 100.0% | GBX4.84 Billion | GBX0.00 | GBX107.88 Billion | — |