Franklin BSP Realty Trust Inc (FBRT) — Tangible Net Worth Ratio
Franklin BSP Realty Trust Inc (FBRT) has a Tangible Net Worth Ratio of 78.0% as of March 2026. This metric is calculated by deducting intangible assets ($324.90 Million) from net assets ($1.48 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 Franklin BSP Realty Trust Inc (FBRT) shareholders funds for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Franklin BSP Realty Trust Inc Tangible Net Worth Ratio (2013–2025)
This chart shows how Franklin BSP Realty Trust Inc's Tangible Net Worth Ratio has changed across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 78.0%, reflecting net assets of $1.48 Billion with intangible assets of $324.90 Million USD. Also explore how fast is Franklin BSP Realty Trust Inc growing its equity to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Franklin BSP Realty Trust Inc (2013–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Franklin BSP Realty Trust Inc from 2013 to 2025, covering 13 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 FBRT stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 78.6% | $1.53 Billion | $327.77 Million | $6.06 Billion | ▼ -18.8 pp |
| 2024 | 97.4% | $1.52 Billion | $39.83 Million | $6.00 Billion | ▲ +0.1 pp |
| 2023 | 97.3% | $1.59 Billion | $42.79 Million | $5.96 Billion | ▲ +0.8 pp |
| 2022 | 96.5% | $1.58 Billion | $54.83 Million | $6.20 Billion | ▼ -0.6 pp |
| 2021 | 97.2% | $1.71 Billion | $48.47 Million | $9.47 Billion | ▼ -1.1 pp |
| 2020 | 98.3% | $798.44 Million | $13.55 Million | $3.19 Billion | ▲ +0.1 pp |
| 2019 | 98.2% | $816.80 Million | $14.38 Million | $3.54 Billion | ▼ -1.8 pp |
| 2018 | 100.0% | $733.23 Million | $0.00 | $2.61 Billion | ▲ +0.0 pp |
| 2017 | 100.0% | $610.34 Million | $0.00 | $1.58 Billion | ▲ +0.0 pp |
| 2016 | 100.0% | $633.65 Million | $0.00 | $1.25 Billion | ▲ +0.0 pp |
| 2015 | 100.0% | $654.33 Million | $0.00 | $1.28 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | $330.51 Million | $0.00 | $514.22 Million | ▲ +0.0 pp |
| 2013 | 100.0% | $27.10 Million | $0.00 | $36.37 Million | — |