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. Also explore how fast is Innovex International, Inc growing its equity to track the company's year-over-year net asset growth rate.
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. For live market cap and overall valuation, see INVX market cap.
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. Explore Innovex International, Inc capex to cash flow ratio 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 | 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 | — |