Ultralife Corporation (ULBI) — Tangible Net Worth Ratio

Latest as of March 2026: 91.8%

Ultralife Corporation (ULBI) has a Tangible Net Worth Ratio of 91.8% as of March 2026. This metric is calculated by deducting intangible assets ($10.65 Million) from net assets ($129.75 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 ULBI net asset value for net asset value and shareholders' equity analysis.

Tangible NW Ratio

91.8%
Tangible equity / total equity

Net Assets (Equity)

$129.75 Million
USD

Intangible Assets

$10.65 Million
Goodwill, patents, brand value

Total Assets

$220.63 Million
USD

Ultralife Corporation Tangible Net Worth Ratio (1991–2025)

This chart shows how Ultralife Corporation's Tangible Net Worth Ratio has changed across 35 annual periods from 1991 to 2025. As of March 2026, the ratio stands at 91.8%, reflecting net assets of $129.75 Million with intangible assets of $10.65 Million USD. Also explore ULBI shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for Ultralife Corporation (1991–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Ultralife Corporation from 1991 to 2025, covering 35 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 cap of Ultralife Corporation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 91.6% $130.13 Million $10.93 Million $216.91 Million ▲ +9.9 pp
2024 81.7% $134.19 Million $24.56 Million $220.45 Million ▼ -6.3 pp
2023 88.0% $125.43 Million $15.11 Million $178.28 Million ▲ +1.6 pp
2022 86.3% $116.40 Million $15.92 Million $168.43 Million ▲ +1.1 pp
2021 85.2% $117.74 Million $17.39 Million $159.54 Million ▼ -6.9 pp
2020 92.1% $116.92 Million $9.21 Million $137.70 Million ▲ +1.0 pp
2019 91.1% $109.75 Million $9.72 Million $144.56 Million ▼ -2.6 pp
2018 93.8% $104.53 Million $6.50 Million $120.10 Million ▲ +2.7 pp
2017 91.0% $79.05 Million $7.08 Million $97.19 Million ▲ +1.6 pp
2016 89.4% $67.86 Million $7.19 Million $84.74 Million ▼ -4.6 pp
2015 94.0% $66.06 Million $3.95 Million $81.57 Million ▲ +0.1 pp
2014 94.0% $71.91 Million $4.34 Million $87.62 Million ▲ +0.3 pp
2013 93.7% $73.64 Million $4.65 Million $90.22 Million ▲ +0.6 pp
2012 93.1% $73.45 Million $5.04 Million $97.72 Million ▲ +0.7 pp
2011 92.4% $73.23 Million $5.53 Million $100.81 Million ▲ +0.8 pp
2010 91.7% $73.80 Million $6.15 Million $114.83 Million ▲ +8.4 pp
2009 83.3% $78.11 Million $13.06 Million $131.17 Million ▼ -2.1 pp
2008 85.3% $88.15 Million $12.93 Million $129.59 Million ▲ +6.1 pp
2007 79.2% $63.01 Million $13.11 Million $122.05 Million ▲ +2.1 pp
2006 77.1% $39.59 Million $9.07 Million $97.76 Million ▼ -22.9 pp
2005 100.0% $62.11 Million $0.00 $80.76 Million ▲ +0.0 pp
2004 100.0% $63.62 Million $0.00 $81.13 Million ▲ +0.1 pp
2003 99.9% $34.43 Million $33.00K $52.35 Million ▲ +0.8 pp
2002 99.1% $21.16 Million $183.00K $30.06 Million ▼ -0.2 pp
2001 99.4% $36.95 Million $233.00K $46.24 Million ▲ +0.1 pp
2000 99.3% $46.07 Million $332.00K $56.23 Million ▼ -0.1 pp
1999 99.4% $59.10 Million $383.00K $65.30 Million ▼ -0.6 pp
1998 100.0% $64.60 Million $0.00 $70.60 Million ▲ +0.0 pp
1997 100.0% $43.40 Million $0.00 $49.90 Million ▲ +0.0 pp
1996 100.0% $56.40 Million $0.00 $60.60 Million ▲ +0.0 pp
1995 100.0% $56.40 Million $0.00 $60.60 Million ▲ +0.0 pp
1994 100.0% $58.00 Million $0.00 $62.60 Million ▲ +0.0 pp
1993 100.0% $27.60 Million $0.00 $30.10 Million ▲ +0.0 pp
1992 100.0% $27.10 Million $0.00 $30.20 Million ▲ +0.0 pp
1991 100.0% $25.00 Million $0.00 $28.50 Million
pp = percentage points