Api Group Corp (APG) — Tangible Net Worth Ratio

Latest as of March 2026: 53.4%

Api Group Corp (APG) has a Tangible Net Worth Ratio of 53.4% as of March 2026. This metric is calculated by deducting intangible assets ($1.62 Billion) from net assets ($3.49 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 Api Group Corp short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

53.4%
Tangible equity / total equity

Net Assets (Equity)

$3.49 Billion
USD

Intangible Assets

$1.62 Billion
Goodwill, patents, brand value

Total Assets

$8.97 Billion
USD

Api Group Corp Tangible Net Worth Ratio (2017–2025)

This chart shows how Api Group Corp's Tangible Net Worth Ratio has changed across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 53.4%, reflecting net assets of $3.49 Billion with intangible assets of $1.62 Billion USD. See Api Group Corp defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Api Group Corp (2017–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Api Group Corp from 2017 to 2025, covering 9 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 Api Group Corp stock valuation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 53.5% $3.41 Billion $1.58 Billion $8.94 Billion ▲ +9.7 pp
2024 43.8% $2.95 Billion $1.66 Billion $8.15 Billion ▲ +0.3 pp
2023 43.5% $2.87 Billion $1.62 Billion $7.59 Billion ▲ +27.4 pp
2022 16.1% $2.13 Billion $1.78 Billion $8.09 Billion ▼ -45.9 pp
2021 62.0% $2.32 Billion $882.00 Million $5.16 Billion ▲ +24.0 pp
2020 38.1% $1.56 Billion $965.00 Million $4.07 Billion ▲ +1.9 pp
2019 36.2% $1.76 Billion $1.12 Billion $4.01 Billion ▼ -31.6 pp
2018 67.8% $633.00 Million $204.00 Million $2.04 Billion ▼ -32.2 pp
2017 100.0% $1.23 Billion $0.00 $1.23 Billion
pp = percentage points