Innovex International, Inc (INVX) — Tangible Net Worth Ratio
Innovex International, Inc (INVX) has a Tangible Net Worth Ratio of 89.1% as of March 2026. This metric is calculated by deducting intangible assets ($111.98 Million) from net assets ($1.03 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 INVX working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Innovex International, Inc Tangible Net Worth Ratio (2004–2025)
This chart shows how Innovex International, Inc's Tangible Net Worth Ratio has changed across 22 annual periods from 2004 to 2025. As of March 2026, the ratio stands at 89.1%, reflecting net assets of $1.03 Billion with intangible assets of $111.98 Million USD. See operational self-sufficiency of Innovex International, Inc to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Innovex International, Inc (2004–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Innovex International, Inc from 2004 to 2025, covering 22 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 Innovex International, Inc worth.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 89.0% | $1.06 Billion | $116.23 Million | $1.27 Billion | ▲ +0.3 pp |
| 2024 | 88.7% | $958.16 Million | $108.36 Million | $1.20 Billion | ▲ +1.4 pp |
| 2023 | 87.3% | $328.92 Million | $41.81 Million | $475.30 Million | ▲ +7.1 pp |
| 2022 | 80.2% | $251.28 Million | $49.84 Million | $436.29 Million | ▲ +0.1 pp |
| 2021 | 80.1% | $180.55 Million | $35.93 Million | $284.89 Million | ▼ -17.1 pp |
| 2020 | 97.2% | $1.04 Billion | $29.26 Million | $1.15 Billion | ▲ +0.1 pp |
| 2019 | 97.1% | $1.09 Billion | $32.07 Million | $1.21 Billion | ▲ +0.3 pp |
| 2018 | 96.8% | $1.10 Billion | $34.97 Million | $1.19 Billion | ▼ -0.2 pp |
| 2017 | 97.0% | $1.29 Billion | $38.41 Million | $1.40 Billion | ▼ -0.8 pp |
| 2016 | 97.8% | $1.36 Billion | $29.59 Million | $1.46 Billion | ▼ -2.2 pp |
| 2015 | 100.0% | $1.32 Billion | $0.00 | $1.43 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | $1.25 Billion | $0.00 | $1.45 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | $1.24 Billion | $0.00 | $1.39 Billion | ▲ +0.0 pp |
| 2012 | 100.0% | $1.07 Billion | $0.00 | $1.23 Billion | ▲ +0.0 pp |
| 2011 | 100.0% | $925.24 Million | $0.00 | $1.09 Billion | ▲ +0.0 pp |
| 2010 | 100.0% | $828.01 Million | $0.00 | $948.55 Million | ▲ +0.0 pp |
| 2009 | 100.0% | $705.09 Million | $0.00 | $817.25 Million | ▲ +0.0 pp |
| 2008 | 100.0% | $559.45 Million | $0.00 | $680.61 Million | ▲ +0.0 pp |
| 2007 | 100.0% | $592.50 Million | $0.00 | $699.82 Million | ▲ +0.0 pp |
| 2006 | 100.0% | $467.50 Million | $0.00 | $594.93 Million | ▲ +0.0 pp |
| 2005 | 100.0% | $329.46 Million | $0.00 | $428.26 Million | ▲ +0.0 pp |
| 2004 | 100.0% | $216.36 Million | $0.00 | $303.56 Million | — |