Webull Corp Tangible Net Worth Ratio
Webull Corp tangible net worth ratio. Webull Corp (BULL) has a Tangible Net Worth Ratio of 91.6% as of December 2025. This metric is calculated by deducting intangible assets ($85.70 Million) from net assets ($1.02 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 how leveraged is Webull Corp's balance sheet to measure how much of total assets are equity-financed.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Webull Corp (2022–2025)
Tangible net worth ratio of Webull Corp from 2022 to 2025. This chart shows how Webull Corp's Tangible Net Worth Ratio has changed across 4 annual periods from 2022 to 2025. As of December 2025, the ratio stands at 91.6%, reflecting net assets of $1.02 Billion with intangible assets of $85.70 Million USD. See working capital to net assets of Webull Corp to evaluate short-term liquidity relative to the company's equity base.
Webull Corp Tangible Net Worth Ratio by Year (2022–2025)
Webull Corp tangible net worth ratio by year from 2022 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Webull Corp from 2022 to 2025, covering 4 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 live market cap and overall valuation, see BULL stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 91.6% | $1.02 Billion | $85.70 Million | $3.88 Billion | ▼ -5.2 pp |
| 2024 | 96.8% | $606.77 Million | $19.42 Million | $2.07 Billion | ▲ +0.6 pp |
| 2023 | 96.2% | $564.26 Million | $21.40 Million | $1.26 Billion | ▼ -0.3 pp |
| 2022 | 96.5% | $513.50 Million | $18.04 Million | $1.09 Billion | — |