Farmers & Merchants Bancorp Inc (FMAO) — Tangible Net Worth Ratio
Farmers & Merchants Bancorp Inc (FMAO) has a Tangible Net Worth Ratio of 100.0% as of December 2025. This metric is calculated by deducting intangible assets ($0.00) from net assets ($370.86 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 Farmers & Merchants Bancorp Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Farmers & Merchants Bancorp Inc Tangible Net Worth Ratio (1998–2024)
This chart shows how Farmers & Merchants Bancorp Inc's Tangible Net Worth Ratio has changed across 27 annual periods from 1998 to 2024. As of December 2025, the ratio stands at 100.0%, reflecting net assets of $370.86 Million with intangible assets of $0.00 USD. See how many days can Farmers & Merchants Bancorp Inc fund operations to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Farmers & Merchants Bancorp Inc (1998–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Farmers & Merchants Bancorp Inc from 1998 to 2024, covering 27 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 how much is Farmers & Merchants Bancorp Inc worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 98.3% | $335.21 Million | $5.66 Million | $3.36 Billion | ▲ +0.1 pp |
| 2023 | 98.2% | $316.54 Million | $5.65 Million | $3.28 Billion | ▼ -0.6 pp |
| 2022 | 98.8% | $298.14 Million | $3.55 Million | $3.02 Billion | ▼ -1.1 pp |
| 2021 | 99.9% | $2.54 Billion | $3.16 Million | $2.64 Billion | ▲ +1.2 pp |
| 2020 | 98.7% | $249.16 Million | $3.32 Million | $1.91 Billion | ▼ -0.2 pp |
| 2019 | 98.9% | $230.26 Million | $2.63 Million | $1.61 Billion | ▲ +0.5 pp |
| 2018 | 98.3% | $143.29 Million | $2.38 Million | $1.12 Billion | ▲ +0.0 pp |
| 2017 | 98.3% | $134.14 Million | $2.30 Million | $1.11 Billion | ▲ +0.0 pp |
| 2016 | 98.3% | $125.58 Million | $2.19 Million | $1.06 Billion | ▼ 0.0 pp |
| 2015 | 98.3% | $120.10 Million | $2.06 Million | $989.07 Million | ▲ +0.1 pp |
| 2014 | 98.2% | $114.49 Million | $2.02 Million | $941.21 Million | ▲ +0.1 pp |
| 2013 | 98.1% | $108.34 Million | $2.07 Million | $965.94 Million | ▼ 0.0 pp |
| 2012 | 98.1% | $110.24 Million | $2.06 Million | $946.66 Million | ▲ +0.1 pp |
| 2011 | 98.0% | $105.09 Million | $2.07 Million | $922.99 Million | ▲ +0.3 pp |
| 2010 | 97.7% | $94.40 Million | $2.18 Million | $906.36 Million | ▼ -2.3 pp |
| 2009 | 100.0% | $93.58 Million | $0.00 | $853.86 Million | ▲ +0.0 pp |
| 2008 | 100.0% | $90.55 Million | $0.00 | $805.73 Million | ▲ +0.0 pp |
| 2007 | 100.0% | $89.38 Million | $0.00 | $803.97 Million | ▲ +0.0 pp |
| 2006 | 100.0% | $87.73 Million | $0.00 | $737.10 Million | ▲ +0.0 pp |
| 2005 | 100.0% | $82.59 Million | $0.00 | $720.95 Million | ▲ +0.0 pp |
| 2004 | 100.0% | $78.84 Million | $0.00 | $702.51 Million | ▲ +0.0 pp |
| 2003 | 100.0% | $74.86 Million | $0.00 | $705.70 Million | ▲ +0.0 pp |
| 2002 | 100.0% | $103.56 Million | $0.00 | $1.02 Billion | ▲ +0.0 pp |
| 2001 | 100.0% | $100.74 Million | $0.00 | $970.88 Million | ▲ +0.0 pp |
| 2000 | 100.0% | $90.88 Million | $0.00 | $905.55 Million | ▲ +0.0 pp |
| 1999 | 100.0% | $80.20 Million | $0.00 | $819.88 Million | ▲ +0.0 pp |
| 1998 | 100.0% | $79.41 Million | $0.00 | $758.80 Million | — |