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. See Palomar Holdings Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

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. See Palomar Holdings Inc (PLMR) liquidity interval to measure how many days the company can operate on defensive assets alone.

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. For the full company profile including market capitalisation, see PLMR market cap.

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