Xp Inc (XP) — Tangible Net Worth Ratio
Xp Inc (XP) has a Tangible Net Worth Ratio of 88.6% as of September 2025. This metric is calculated by deducting intangible assets ($2.70 Billion) from net assets ($23.67 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 Xp Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Xp Inc Tangible Net Worth Ratio (2014–2024)
This chart shows how Xp Inc's Tangible Net Worth Ratio has changed across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 88.6%, reflecting net assets of $23.67 Billion with intangible assets of $2.70 Billion USD. See Xp Inc (XP) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Xp Inc (2014–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Xp Inc from 2014 to 2024, covering 11 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 XP market cap overview.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 96.4% | $20.05 Billion | $713.10 Million | $347.46 Billion | ▼ -0.1 pp |
| 2023 | 96.6% | $19.45 Billion | $668.64 Million | $249.04 Billion | ▼ -2.0 pp |
| 2022 | 98.5% | $17.04 Billion | $248.96 Million | $192.03 Billion | ▲ +0.5 pp |
| 2021 | 98.1% | $14.42 Billion | $278.23 Million | $139.34 Billion | ▲ +0.3 pp |
| 2020 | 97.8% | $10.90 Billion | $239.20 Million | $96.03 Billion | ▲ +0.2 pp |
| 2019 | 97.6% | $7.16 Billion | $170.95 Million | $43.62 Billion | ▲ +3.5 pp |
| 2018 | 94.1% | $2.09 Billion | $122.42 Million | $17.72 Billion | ▲ +3.7 pp |
| 2017 | 90.4% | $1.15 Billion | $110.51 Million | $7.14 Billion | ▼ -8.8 pp |
| 2016 | 99.2% | $4.11 Billion | $32.27 Million | $4.24 Billion | ▲ +3.0 pp |
| 2015 | 96.2% | $3.36 Billion | $127.23 Million | $3.47 Billion | ▼ -3.3 pp |
| 2014 | 99.5% | $2.45 Billion | $11.41 Million | $2.49 Billion | — |