Bel Fuse A Inc (BELFA) — Tangible Net Worth Ratio
Bel Fuse A Inc (BELFA) has a Tangible Net Worth Ratio of 58.0% as of December 2025. This metric is calculated by deducting intangible assets ($217.97 Million) from net assets ($518.67 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. Also explore how fast is Bel Fuse A Inc growing its equity to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Bel Fuse A Inc Tangible Net Worth Ratio (1985–2025)
This chart shows how Bel Fuse A Inc's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of December 2025, the ratio stands at 58.0%, reflecting net assets of $518.67 Million with intangible assets of $217.97 Million USD. For live market cap and overall valuation, see Bel Fuse A Inc market capitalisation.
Annual Tangible Net Worth Ratio for Bel Fuse A Inc (1985–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Bel Fuse A Inc from 1985 to 2025, covering 41 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 Bel Fuse A Inc capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 58.0% | $518.67 Million | $217.97 Million | $935.20 Million | ▲ +10.6 pp |
| 2024 | 47.4% | $441.16 Million | $231.95 Million | $949.79 Million | ▼ -38.1 pp |
| 2023 | 85.5% | $340.56 Million | $49.39 Million | $571.63 Million | ▲ +6.1 pp |
| 2022 | 79.4% | $262.35 Million | $54.11 Million | $560.47 Million | ▲ +8.6 pp |
| 2021 | 70.8% | $208.74 Million | $60.99 Million | $511.85 Million | ▲ +6.2 pp |
| 2020 | 64.6% | $185.80 Million | $65.79 Million | $453.87 Million | ▲ +7.7 pp |
| 2019 | 56.9% | $168.05 Million | $72.36 Million | $468.92 Million | ▼ -7.5 pp |
| 2018 | 64.5% | $176.47 Million | $62.69 Million | $443.52 Million | ▲ +8.4 pp |
| 2017 | 56.1% | $157.96 Million | $69.37 Million | $431.26 Million | ▲ +3.3 pp |
| 2016 | 52.8% | $158.43 Million | $74.83 Million | $426.74 Million | ▼ -9.6 pp |
| 2015 | 62.3% | $233.12 Million | $87.83 Million | $587.01 Million | ▲ +4.8 pp |
| 2014 | 57.5% | $224.88 Million | $95.50 Million | $636.15 Million | ▼ -29.6 pp |
| 2013 | 87.1% | $228.70 Million | $29.47 Million | $308.05 Million | ▼ -3.2 pp |
| 2012 | 90.3% | $215.39 Million | $20.96 Million | $275.22 Million | ▼ -4.8 pp |
| 2011 | 95.1% | $221.08 Million | $10.88 Million | $277.45 Million | ▲ +6.2 pp |
| 2010 | 88.9% | $220.33 Million | $24.55 Million | $277.17 Million | ▼ -5.3 pp |
| 2009 | 94.2% | $208.93 Million | $12.22 Million | $245.95 Million | ▼ -5.4 pp |
| 2008 | 99.6% | $217.77 Million | $926.00K | $261.78 Million | ▲ +0.1 pp |
| 2007 | 99.5% | $244.53 Million | $1.18 Million | $293.86 Million | ▲ +0.4 pp |
| 2006 | 99.1% | $222.15 Million | $1.89 Million | $268.50 Million | ▲ +11.7 pp |
| 2005 | 87.5% | $201.58 Million | $25.21 Million | $242.06 Million | ▼ -5.5 pp |
| 2004 | 93.0% | $178.46 Million | $12.57 Million | $217.78 Million | ▲ +2.2 pp |
| 2003 | 90.8% | $146.85 Million | $13.52 Million | $181.82 Million | ▼ -3.4 pp |
| 2002 | 94.2% | $130.66 Million | $7.62 Million | $146.89 Million | ▼ -5.8 pp |
| 2001 | 100.0% | $129.46 Million | $0.00 | $147.52 Million | ▲ +7.3 pp |
| 2000 | 92.7% | $141.02 Million | $10.24 Million | $169.51 Million | ▲ +3.3 pp |
| 1999 | 89.4% | $110.30 Million | $11.70 Million | $125.20 Million | ▲ +4.3 pp |
| 1998 | 85.1% | $88.80 Million | $13.20 Million | $103.60 Million | ▼ -14.9 pp |
| 1997 | 100.0% | $72.80 Million | $0.00 | $83.20 Million | ▲ +0.0 pp |
| 1996 | 100.0% | $63.40 Million | $0.00 | $71.60 Million | ▲ +0.2 pp |
| 1995 | 99.8% | $55.90 Million | $100.00K | $64.50 Million | ▲ +0.3 pp |
| 1994 | 99.6% | $45.90 Million | $200.00K | $51.70 Million | ▼ 0.0 pp |
| 1993 | 99.6% | $48.30 Million | $200.00K | $53.10 Million | ▲ +0.0 pp |
| 1992 | 99.5% | $44.40 Million | $200.00K | $50.00 Million | ▲ +0.3 pp |
| 1991 | 99.2% | $25.30 Million | $200.00K | $28.40 Million | ▲ +11.8 pp |
| 1990 | 87.4% | $28.50 Million | $3.60 Million | $34.50 Million | ▼ -1.8 pp |
| 1989 | 89.2% | $27.80 Million | $3.00 Million | $34.60 Million | ▼ -2.0 pp |
| 1988 | 91.2% | $29.70 Million | $2.60 Million | $33.40 Million | ▼ -2.3 pp |
| 1987 | 93.6% | $26.50 Million | $1.70 Million | $31.20 Million | ▼ -3.5 pp |
| 1986 | 97.1% | $20.90 Million | $600.00K | $24.40 Million | ▼ -2.9 pp |
| 1985 | 100.0% | $18.20 Million | $0.00 | $20.50 Million | — |