Royalty Pharma Plc (RPRX) — Tangible Net Worth Ratio

Latest as of March 2026: -66.5%

Royalty Pharma Plc (RPRX) has a Tangible Net Worth Ratio of -66.5% as of March 2026. This metric is calculated by deducting intangible assets ($16.54 Billion) from net assets ($9.94 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 working capital to net assets of Royalty Pharma Plc to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-66.5%
Tangible equity / total equity

Net Assets (Equity)

$9.94 Billion
USD

Intangible Assets

$16.54 Billion
Goodwill, patents, brand value

Total Assets

$19.82 Billion
USD

Royalty Pharma Plc Tangible Net Worth Ratio (2000–2025)

This chart shows how Royalty Pharma Plc's Tangible Net Worth Ratio has changed across 26 annual periods from 2000 to 2025. As of March 2026, the ratio stands at -66.5%, reflecting net assets of $9.94 Billion with intangible assets of $16.54 Billion USD. See RPRX defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Royalty Pharma Plc (2000–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Royalty Pharma Plc from 2000 to 2025, covering 26 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 Royalty Pharma Plc (RPRX) total market value.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 100.0% $9.71 Billion $0.00 $19.62 Billion ▲ +146.3 pp
2024 -46.3% $10.34 Billion $15.13 Billion $18.22 Billion ▼ -146.2 pp
2023 100.0% $10.08 Billion $1.78 Million $16.38 Billion ▲ +0.1 pp
2022 99.8% $9.53 Billion $14.50 Million $16.81 Billion ▼ -0.1 pp
2021 99.9% $10.25 Billion $5.67 Million $17.52 Billion ▲ +0.1 pp
2020 99.8% $14.97 Billion $28.67 Million $21.10 Billion ▲ +0.7 pp
2019 99.2% $6.14 Billion $51.72 Million $12.45 Billion ▲ +0.8 pp
2018 98.3% $4.55 Billion $75.65 Million $11.37 Billion ▼ -1.7 pp
2017 100.0% $4.47 Billion $0.00 $11.37 Billion ▲ +0.0 pp
2016 100.0% $4.46 Billion $0.00 $10.48 Billion ▲ +148.0 pp
2015 -48.0% $4.70 Billion $6.95 Billion $10.82 Billion ▼ -148.0 pp
2014 100.0% $44.02 Million $0.00 $46.94 Million ▲ +3.9 pp
2013 96.1% $75.42 Million $2.91 Million $78.98 Million ▲ +5.5 pp
2012 90.6% $23.03 Million $2.16 Million $26.83 Million ▲ +20.3 pp
2011 70.3% $4.67 Million $1.39 Million $6.06 Million ▲ +7.4 pp
2010 63.0% $3.17 Million $1.17 Million $4.46 Million ▲ +120.4 pp
2009 -57.5% $562.00K $885.00K $2.96 Million ▼ -146.5 pp
2008 89.0% $15.61 Million $1.71 Million $22.60 Million ▼ -6.1 pp
2007 95.1% $24.06 Million $1.17 Million $27.60 Million ▲ +16.9 pp
2006 78.3% $3.79 Million $823.00K $7.85 Million ▼ -18.2 pp
2005 96.5% $16.95 Million $600.00K $17.68 Million ▲ +3.4 pp
2004 93.0% $5.99 Million $417.00K $6.61 Million ▼ -7.0 pp
2003 100.0% $23.49 Million $0.00 $24.03 Million ▲ +0.0 pp
2002 100.0% $26.85 Million $0.00 $27.37 Million ▲ +0.0 pp
2001 100.0% $30.57 Million $0.00 $36.91 Million ▲ +0.0 pp
2000 100.0% $31.06 Million $0.00 $40.37 Million
pp = percentage points