HP Inc (HPQ) — Tangible Net Worth Ratio

Latest as of January 2026: 71.9%

HP Inc (HPQ) has a Tangible Net Worth Ratio of 71.9% as of January 2026. This metric is calculated by deducting intangible assets ($957.00 Million) from net assets ($3.41 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 how liquid is HP Inc's working capital to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

71.9%
Tangible equity / total equity

Net Assets (Equity)

$3.41 Billion
USD

Intangible Assets

$957.00 Million
Goodwill, patents, brand value

Total Assets

$41.53 Billion
USD

HP Inc Tangible Net Worth Ratio (1985–2015)

This chart shows how HP Inc's Tangible Net Worth Ratio has changed across 31 annual periods from 1985 to 2015. As of January 2026, the ratio stands at 71.9%, reflecting net assets of $3.41 Billion with intangible assets of $957.00 Million USD. See HPQ cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for HP Inc (1985–2015)

The table below presents the year-by-year Tangible Net Worth Ratio for HP Inc from 1985 to 2015, covering 31 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 how much is HP Inc worth.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2015 92.8% $28.15 Billion $2.01 Billion $106.88 Billion ▲ +0.7 pp
2014 92.2% $27.13 Billion $2.13 Billion $103.21 Billion ▲ +3.6 pp
2013 88.5% $27.66 Billion $3.17 Billion $105.68 Billion ▲ +8.3 pp
2012 80.2% $22.83 Billion $4.51 Billion $108.77 Billion ▲ +8.2 pp
2011 72.1% $39.00 Billion $10.90 Billion $129.52 Billion ▼ -8.7 pp
2010 80.8% $40.78 Billion $7.85 Billion $124.50 Billion ▼ -3.0 pp
2009 83.7% $40.52 Billion $6.60 Billion $114.80 Billion ▲ +4.2 pp
2008 79.6% $38.94 Billion $7.96 Billion $113.33 Billion ▼ -9.9 pp
2007 89.4% $38.53 Billion $4.08 Billion $88.70 Billion ▼ -1.8 pp
2006 91.2% $38.14 Billion $3.35 Billion $81.98 Billion ▲ +0.9 pp
2005 90.3% $37.18 Billion $3.59 Billion $77.32 Billion ▲ +43.4 pp
2004 46.9% $37.56 Billion $19.93 Billion $76.14 Billion ▼ -2.1 pp
2003 49.0% $37.75 Billion $19.25 Billion $74.71 Billion ▲ +4.0 pp
2002 45.0% $36.26 Billion $19.95 Billion $70.71 Billion ▼ -49.6 pp
2001 94.6% $13.95 Billion $756.00 Million $32.58 Billion ▼ -3.8 pp
2000 98.4% $14.21 Billion $224.00 Million $34.01 Billion ▼ -1.6 pp
1999 100.0% $18.30 Billion $0.00 $35.30 Billion ▲ +0.0 pp
1998 100.0% $16.92 Billion $0.00 $33.67 Billion ▲ +0.0 pp
1997 100.0% $16.16 Billion $0.00 $31.75 Billion ▲ +0.0 pp
1996 100.0% $13.44 Billion $0.00 $27.70 Billion ▲ +0.0 pp
1995 100.0% $11.84 Billion $0.00 $24.43 Billion ▲ +0.0 pp
1994 100.0% $9.93 Billion $0.00 $19.57 Billion ▲ +0.0 pp
1993 100.0% $8.51 Billion $0.00 $16.74 Billion ▲ +0.0 pp
1992 100.0% $7.50 Billion $0.00 $13.70 Billion ▲ +0.0 pp
1991 100.0% $7.27 Billion $0.00 $11.97 Billion ▲ +0.0 pp
1990 100.0% $6.36 Billion $0.00 $11.39 Billion ▲ +0.0 pp
1989 100.0% $5.45 Billion $0.00 $10.07 Billion ▲ +0.0 pp
1988 100.0% $4.53 Billion $0.00 $7.50 Billion ▲ +0.0 pp
1987 100.0% $5.02 Billion $0.00 $8.13 Billion ▲ +0.0 pp
1986 100.0% $4.37 Billion $0.00 $6.29 Billion ▲ +0.0 pp
1985 100.0% $3.98 Billion $0.00 $5.68 Billion
pp = percentage points