Bel Fuse B Inc (BELFB) — Tangible Net Worth Ratio

Latest as of March 2026: 60.0%

Bel Fuse B Inc (BELFB) has a Tangible Net Worth Ratio of 60.0% as of March 2026. This metric is calculated by deducting intangible assets ($214.14 Million) from net assets ($535.71 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 BELFB working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

60.0%
Tangible equity / total equity

Net Assets (Equity)

$535.71 Million
USD

Intangible Assets

$214.14 Million
Goodwill, patents, brand value

Total Assets

$951.92 Million
USD

Bel Fuse B Inc Tangible Net Worth Ratio (1985–2025)

This chart shows how Bel Fuse B Inc's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of March 2026, the ratio stands at 60.0%, reflecting net assets of $535.71 Million with intangible assets of $214.14 Million USD. See defensive interval ratio of Bel Fuse B Inc to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Bel Fuse B Inc (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Bel Fuse B 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. For the full company profile including market capitalisation, see BELFB company net worth.

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 ▲ +4.7 pp
2001 89.5% $129.46 Million $13.65 Million $147.52 Million ▼ -3.3 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
pp = percentage points