American Well Corp (AMWL) — Tangible Net Worth Ratio

Latest as of March 2026: 74.6%

American Well Corp (AMWL) has a Tangible Net Worth Ratio of 74.6% as of March 2026. This metric is calculated by deducting intangible assets ($61.09 Million) from net assets ($240.12 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 American Well Corp short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

74.6%
Tangible equity / total equity

Net Assets (Equity)

$240.12 Million
USD

Intangible Assets

$61.09 Million
Goodwill, patents, brand value

Total Assets

$325.97 Million
USD

American Well Corp Tangible Net Worth Ratio (2019–2025)

This chart shows how American Well Corp's Tangible Net Worth Ratio has changed across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 74.6%, reflecting net assets of $240.12 Million with intangible assets of $61.09 Million USD. See AMWL days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for American Well Corp (2019–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for American Well Corp from 2019 to 2025, covering 7 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 AMWL market cap overview.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 73.3% $247.79 Million $66.07 Million $323.79 Million ▲ +5.4 pp
2024 67.9% $316.24 Million $101.54 Million $435.97 Million ▼ -7.1 pp
2023 75.0% $480.19 Million $120.25 Million $589.71 Million ▼ -12.6 pp
2022 87.5% $1.08 Billion $134.98 Million $1.22 Billion ▼ -0.4 pp
2021 87.9% $1.26 Billion $152.41 Million $1.45 Billion ▼ -7.6 pp
2020 95.5% $1.25 Billion $55.53 Million $1.38 Billion ▲ +12.5 pp
2019 83.1% $374.94 Million $63.53 Million $499.88 Million
pp = percentage points