Anterix Inc (ATEX) — Tangible Net Worth Ratio

Latest as of December 2025: -40.2%

Anterix Inc (ATEX) has a Tangible Net Worth Ratio of -40.2% as of December 2025. This metric is calculated by deducting intangible assets ($330.78 Million) from net assets ($235.95 Million) 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 ATEX working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-40.2%
Tangible equity / total equity

Net Assets (Equity)

$235.95 Million
USD

Intangible Assets

$330.78 Million
Goodwill, patents, brand value

Total Assets

$417.00 Million
USD

Anterix Inc Tangible Net Worth Ratio (2015–2025)

This chart shows how Anterix Inc's Tangible Net Worth Ratio has changed across 11 annual periods from 2015 to 2025. As of December 2025, the ratio stands at -40.2%, reflecting net assets of $235.95 Million with intangible assets of $330.78 Million USD. See Anterix Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Anterix Inc (2015–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Anterix Inc from 2015 to 2025, covering 11 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 ATEX market cap overview.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 -46.2% $156.60 Million $228.98 Million $333.10 Million ▼ -11.6 pp
2024 -34.6% $161.03 Million $216.74 Million $324.89 Million ▼ -22.2 pp
2023 -12.4% $179.79 Million $202.04 Million $278.56 Million ▼ -31.2 pp
2022 18.9% $186.30 Million $151.17 Million $287.98 Million ▼ -23.7 pp
2021 42.5% $212.51 Million $122.12 Million $253.06 Million ▼ -12.0 pp
2020 54.5% $245.07 Million $111.53 Million $267.40 Million ▲ +14.1 pp
2019 40.4% $180.76 Million $107.73 Million $196.75 Million ▼ -6.8 pp
2018 47.2% $202.47 Million $106.80 Million $220.34 Million ▼ -6.7 pp
2017 54.0% $227.90 Million $104.89 Million $245.49 Million ▼ -6.4 pp
2016 60.4% $262.19 Million $103.88 Million $274.05 Million ▲ +7.3 pp
2015 53.1% $214.21 Million $100.52 Million $227.83 Million
pp = percentage points