Palomar Holdings Inc (PLMR) — Tangible Net Worth Ratio

Latest as of September 2025: 92.9%

Palomar Holdings Inc (PLMR) has a Tangible Net Worth Ratio of 92.9% as of September 2025. This metric is calculated by deducting intangible assets ($62.54 Million) from net assets ($878.11 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 Palomar Holdings Inc growing its equity to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

92.9%
Tangible equity / total equity

Net Assets (Equity)

$878.11 Million
USD

Intangible Assets

$62.54 Million
Goodwill, patents, brand value

Total Assets

$2.94 Billion
USD

Palomar Holdings Inc Tangible Net Worth Ratio (2016–2024)

This chart shows how Palomar Holdings Inc's Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 92.9%, reflecting net assets of $878.11 Million with intangible assets of $62.54 Million USD. For live market cap and overall valuation, see Palomar Holdings Inc market capitalisation.

Annual Tangible Net Worth Ratio for Palomar Holdings Inc (2016–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for Palomar Holdings Inc from 2016 to 2024, covering 9 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 how much does Palomar Holdings Inc reinvest in capital 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)
2024 98.7% $729.03 Million $9.49 Million $2.26 Billion ▲ +0.5 pp
2023 98.2% $471.25 Million $8.56 Million $1.71 Billion ▲ +0.3 pp
2022 97.9% $384.75 Million $8.26 Million $1.30 Billion ▲ +0.3 pp
2021 97.6% $394.17 Million $9.50 Million $925.73 Million ▲ +0.8 pp
2020 96.8% $363.71 Million $11.51 Million $729.09 Million ▼ -2.8 pp
2019 99.7% $218.56 Million $744.00K $395.46 Million ▲ +0.5 pp
2018 99.2% $91.17 Million $744.00K $231.13 Million ▲ +0.1 pp
2017 99.1% $78.41 Million $744.00K $188.35 Million ▲ +7.9 pp
2016 91.1% $128.16 Million $11.40 Million $145.13 Million
pp = percentage points