Brightspire Capital Inc (BRSP) — Tangible Net Worth Ratio
Brightspire Capital Inc (BRSP) has a Tangible Net Worth Ratio of 96.9% as of March 2026. This metric is calculated by deducting intangible assets ($28.14 Million) from net assets ($906.17 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 Brightspire Capital Inc annual equity growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Brightspire Capital Inc Tangible Net Worth Ratio (2016–2025)
This chart shows how Brightspire Capital Inc's Tangible Net Worth Ratio has changed across 9 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 96.9%, reflecting net assets of $906.17 Million with intangible assets of $28.14 Million USD. For live market cap and overall valuation, see Brightspire Capital Inc stock valuation.
Annual Tangible Net Worth Ratio for Brightspire Capital Inc (2016–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Brightspire Capital Inc from 2016 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. Explore BRSP 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 | 97.0% | $928.40 Million | $27.65 Million | $3.56 Billion | ▲ +1.5 pp |
| 2024 | 95.5% | $1.05 Billion | $47.17 Million | $3.72 Billion | ▼ -0.9 pp |
| 2023 | 96.4% | $1.28 Billion | $46.54 Million | $4.20 Billion | ▼ -0.7 pp |
| 2022 | 97.0% | $1.39 Billion | $41.18 Million | $4.75 Billion | ▲ +1.4 pp |
| 2021 | 95.6% | $1.49 Billion | $64.98 Million | $5.64 Billion | ▼ -0.5 pp |
| 2020 | 96.1% | $1.96 Billion | $75.70 Million | $6.21 Billion | ▲ +1.3 pp |
| 2019 | 94.9% | $2.20 Billion | $112.76 Million | $7.41 Billion | ▼ -0.4 pp |
| 2018 | 95.3% | $2.85 Billion | $134.07 Million | $8.66 Billion | ▼ -4.7 pp |
| 2016 | 100.0% | $1.24 Billion | $0.00 | $1.80 Billion | — |