Nu Holdings Ltd (NU) — Tangible Net Worth Ratio
Nu Holdings Ltd (NU) has a Tangible Net Worth Ratio of 94.7% as of December 2025. This metric is calculated by deducting intangible assets ($601.67 Million) from net assets ($11.32 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 Nu Holdings Ltd 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
Nu Holdings Ltd Tangible Net Worth Ratio (2018–2025)
This chart shows how Nu Holdings Ltd's Tangible Net Worth Ratio has changed across 8 annual periods from 2018 to 2025. As of December 2025, the ratio stands at 94.7%, reflecting net assets of $11.32 Billion with intangible assets of $601.67 Million USD. For live market cap and overall valuation, see Nu Holdings Ltd stock valuation.
Annual Tangible Net Worth Ratio for Nu Holdings Ltd (2018–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Nu Holdings Ltd from 2018 to 2025, covering 8 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 NU capex to operating 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 | 94.7% | $11.32 Billion | $601.67 Million | $74.89 Billion | ▼ -0.8 pp |
| 2024 | 95.5% | $7.65 Billion | $347.62 Million | $49.93 Billion | ▲ +0.1 pp |
| 2023 | 95.4% | $6.41 Billion | $295.88 Million | $43.35 Billion | ▼ -0.9 pp |
| 2022 | 96.3% | $4.89 Billion | $182.16 Million | $29.93 Billion | ▼ -2.1 pp |
| 2021 | 98.4% | $4.44 Billion | $72.34 Million | $19.86 Billion | ▲ +1.2 pp |
| 2020 | 97.2% | $438.11 Million | $12.37 Million | $10.15 Billion | ▼ -2.6 pp |
| 2019 | 99.8% | $612.25 Million | $1.11 Million | $6.76 Billion | ▼ 0.0 pp |
| 2018 | 99.8% | $296.73 Million | $503.00K | $2.79 Billion | — |