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. Also explore net asset growth rate of Target Hospitality Corp to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see Target Hospitality Corp stock valuation.
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. Explore TH capex reinvestment rate 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) |
|---|---|---|---|---|---|
| 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 | — |