Target Hospitality Corp (TH) — Tangible Net Worth Ratio
Target Hospitality Corp (TH) has a Tangible Net Worth Ratio of 90.4% as of March 2026. This metric is calculated by deducting intangible assets ($35.97 Million) from net assets ($376.62 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 net assets of Target Hospitality Corp for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Target Hospitality Corp Tangible Net Worth Ratio (2016–2025)
This chart shows how Target Hospitality Corp's Tangible Net Worth Ratio has changed across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 90.4%, reflecting net assets of $376.62 Million with intangible assets of $35.97 Million USD. Also explore Target Hospitality Corp net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Target Hospitality Corp (2016–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Target Hospitality Corp from 2016 to 2025, covering 10 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 market value of Target Hospitality Corp.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 89.9% | $389.06 Million | $39.33 Million | $530.21 Million | ▲ +2.4 pp |
| 2024 | 87.5% | $421.09 Million | $52.81 Million | $725.77 Million | ▲ +5.2 pp |
| 2023 | 82.3% | $377.31 Million | $66.94 Million | $694.35 Million | ▲ +19.7 pp |
| 2022 | 62.6% | $200.85 Million | $75.18 Million | $771.73 Million | ▲ +53.5 pp |
| 2021 | 9.0% | $97.27 Million | $88.48 Million | $513.39 Million | ▲ +12.8 pp |
| 2020 | -3.7% | $99.42 Million | $103.12 Million | $534.24 Million | ▼ -8.2 pp |
| 2019 | 4.5% | $123.40 Million | $117.87 Million | $600.79 Million | ▼ -59.0 pp |
| 2018 | 63.5% | $348.99 Million | $127.38 Million | $565.03 Million | ▼ -20.7 pp |
| 2017 | 84.2% | $241.86 Million | $38.33 Million | $242.09 Million | ▼ -6.7 pp |
| 2016 | 90.8% | $310.57 Million | $28.52 Million | $424.28 Million | — |