Planet Labs PBC (PL) — Tangible Net Worth Ratio
Planet Labs PBC (PL) has a Tangible Net Worth Ratio of 94.3% as of April 2026. This metric is calculated by deducting intangible assets ($25.16 Million) from net assets ($443.70 Million) 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 Planet Labs PBC (PL) equity growth momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Planet Labs PBC Tangible Net Worth Ratio (2020–2026)
This chart shows how Planet Labs PBC's Tangible Net Worth Ratio has changed across 7 annual periods from 2020 to 2026. As of April 2026, the ratio stands at 94.3%, reflecting net assets of $443.70 Million with intangible assets of $25.16 Million USD. For live market cap and overall valuation, see PL stock market capitalisation.
Annual Tangible Net Worth Ratio for Planet Labs PBC (2020–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Planet Labs PBC from 2020 to 2026, covering 7 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 PL 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) |
|---|---|---|---|---|---|
| 2026 | 85.9% | $188.43 Million | $26.63 Million | $1.15 Billion | ▼ -7.9 pp |
| 2025 | 93.8% | $441.29 Million | $27.45 Million | $633.80 Million | ▲ +2.9 pp |
| 2024 | 90.8% | $518.02 Million | $47.42 Million | $702.00 Million | ▼ -4.6 pp |
| 2023 | 95.4% | $576.10 Million | $26.25 Million | $752.72 Million | ▼ -0.7 pp |
| 2022 | 96.1% | $648.25 Million | $24.96 Million | $821.44 Million | ▲ +12.6 pp |
| 2021 | 83.6% | $107.51 Million | $17.67 Million | $399.31 Million | ▼ -6.3 pp |
| 2020 | 89.9% | $217.64 Million | $21.99 Million | $362.99 Million | — |