SEALSQ Corp (LAES) — Tangible Net Worth Ratio
SEALSQ Corp (LAES) has a Tangible Net Worth Ratio of 95.5% as of December 2025. This metric is calculated by deducting intangible assets ($20.95 Million) from net assets ($461.51 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 net asset growth rate of SEALSQ Corp to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
SEALSQ Corp Tangible Net Worth Ratio (2022–2025)
This chart shows how SEALSQ Corp's Tangible Net Worth Ratio has changed across 4 annual periods from 2022 to 2025. As of December 2025, the ratio stands at 95.5%, reflecting net assets of $461.51 Million with intangible assets of $20.95 Million USD. Check SEALSQ Corp (LAES) strategic investment index to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for SEALSQ Corp (2022–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for SEALSQ 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 SEALSQ Corp market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 95.5% | $461.51 Million | $20.95 Million | $504.18 Million | ▼ -4.5 pp |
| 2024 | 100.0% | $77.86 Million | $0.00 | $97.57 Million | ▲ +0.0 pp |
| 2023 | 100.0% | $5.03 Million | $0.00 | $27.93 Million | ▲ +0.5 pp |
| 2022 | 99.5% | $212.00K | $1.00K | $21.66 Million | — |