APA Corporation (APA) — Tangible Net Worth Ratio

Latest as of March 2026: 100.0%

APA Corporation (APA) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($7.40 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. See APA Corporation working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

$7.40 Billion
USD

Intangible Assets

$0.00
Goodwill, patents, brand value

Total Assets

$18.08 Billion
USD

APA Corporation Tangible Net Worth Ratio (1985–2025)

This chart shows how APA Corporation's Tangible Net Worth Ratio has changed across 39 annual periods from 1985 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting net assets of $7.40 Billion with intangible assets of $0.00 USD. See APA Corporation defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for APA Corporation (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for APA Corporation from 1985 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. For the full company profile including market capitalisation, see APA stock market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 100.0% $7.00 Billion $0.00 $19.00 Billion ▲ +0.0 pp
2024 100.0% $6.36 Billion $0.00 $19.39 Billion ▲ +0.0 pp
2023 100.0% $3.69 Billion $0.00 $15.24 Billion ▲ +0.0 pp
2022 100.0% $1.34 Billion $0.00 $13.15 Billion ▲ +0.0 pp
2019 100.0% $4.46 Billion $0.00 $18.11 Billion ▲ +0.0 pp
2018 100.0% $8.81 Billion $0.00 $21.58 Billion ▲ +1.0 pp
2017 99.0% $8.79 Billion $87.00 Million $21.92 Billion ▲ +0.1 pp
2016 98.9% $7.68 Billion $87.00 Million $22.52 Billion ▲ +0.9 pp
2015 97.9% $4.23 Billion $87.00 Million $18.84 Billion ▼ -1.7 pp
2014 99.7% $28.14 Billion $87.00 Million $55.95 Billion ▲ +3.6 pp
2013 96.1% $35.39 Billion $1.37 Billion $61.64 Billion ▲ +0.2 pp
2012 95.9% $31.33 Billion $1.29 Billion $60.74 Billion ▼ -0.3 pp
2011 96.2% $28.99 Billion $1.11 Billion $52.05 Billion ▲ +0.4 pp
2010 95.8% $24.38 Billion $1.03 Billion $43.42 Billion ▼ -3.0 pp
2009 98.8% $15.78 Billion $189.25 Million $28.19 Billion ▼ -0.1 pp
2008 98.9% $16.51 Billion $189.25 Million $29.19 Billion ▲ +0.1 pp
2007 98.8% $15.38 Billion $189.25 Million $28.63 Billion ▲ +0.2 pp
2006 98.6% $13.19 Billion $189.25 Million $24.31 Billion ▲ +0.4 pp
2005 98.2% $10.54 Billion $189.25 Million $19.27 Billion ▲ +0.5 pp
2004 97.7% $8.20 Billion $189.25 Million $15.50 Billion ▲ +0.6 pp
2003 97.1% $6.53 Billion $189.25 Million $12.42 Billion ▲ +0.9 pp
2002 96.2% $4.92 Billion $189.25 Million $9.46 Billion ▲ +0.0 pp
2001 96.1% $4.86 Billion $188.81 Million $8.93 Billion ▼ -3.9 pp
2000 100.0% $3.75 Billion $0.00 $7.48 Billion ▲ +0.0 pp
1999 100.0% $2.67 Billion $0.00 $5.50 Billion ▲ +0.0 pp
1998 100.0% $1.80 Billion $0.00 $4.00 Billion ▲ +0.0 pp
1997 100.0% $1.73 Billion $0.00 $4.14 Billion ▲ +0.0 pp
1996 100.0% $1.52 Billion $0.00 $3.43 Billion ▲ +0.0 pp
1995 100.0% $1.09 Billion $0.00 $2.68 Billion ▲ +0.0 pp
1994 100.0% $816.20 Million $0.00 $1.88 Billion ▲ +0.0 pp
1993 100.0% $785.90 Million $0.00 $1.59 Billion ▲ +0.0 pp
1992 100.0% $475.20 Million $0.00 $1.22 Billion ▲ +0.0 pp
1991 100.0% $439.90 Million $0.00 $1.21 Billion ▲ +0.0 pp
1990 100.0% $386.80 Million $0.00 $829.60 Million ▲ +0.0 pp
1989 100.0% $350.30 Million $0.00 $764.40 Million ▲ +0.0 pp
1988 100.0% $206.90 Million $0.00 $701.70 Million ▲ +0.0 pp
1987 100.0% $125.80 Million $0.00 $504.30 Million ▲ +0.0 pp
1986 100.0% $207.40 Million $0.00 $728.90 Million ▲ +0.0 pp
1985 100.0% $226.00 Million $0.00 $536.40 Million
pp = percentage points