Rafael Holdings, Inc. (RFL) — Tangible Net Worth Ratio
Rafael Holdings, Inc. (RFL) has a Tangible Net Worth Ratio of 98.9% as of January 2026. This metric is calculated by deducting intangible assets ($929.00K) from net assets ($83.26 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 Rafael Holdings, Inc. (RFL) net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Rafael Holdings, Inc. Tangible Net Worth Ratio (2016–2025)
This chart shows how Rafael Holdings, Inc.'s Tangible Net Worth Ratio has changed across 10 annual periods from 2016 to 2025. As of January 2026, the ratio stands at 98.9%, reflecting net assets of $83.26 Million with intangible assets of $929.00K USD. For live market cap and overall valuation, see RFL stock market capitalisation.
Annual Tangible Net Worth Ratio for Rafael Holdings, Inc. (2016–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Rafael Holdings, Inc. from 2016 to 2025, covering 10 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 RFL 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 | 66.9% | $98.37 Million | $32.57 Million | $114.11 Million | ▼ -31.0 pp |
| 2024 | 97.9% | $86.26 Million | $1.85 Million | $96.83 Million | ▼ -0.5 pp |
| 2023 | 98.4% | $96.63 Million | $1.57 Million | $98.83 Million | ▼ 0.0 pp |
| 2022 | 98.4% | $97.21 Million | $1.57 Million | $118.32 Million | ▼ -0.5 pp |
| 2021 | 98.8% | $136.70 Million | $1.57 Million | $154.06 Million | ▲ +0.1 pp |
| 2020 | 98.8% | $130.53 Million | $1.57 Million | $136.35 Million | ▲ +0.1 pp |
| 2019 | 98.7% | $124.76 Million | $1.57 Million | $142.14 Million | ▲ +0.2 pp |
| 2018 | 98.6% | $115.56 Million | $1.65 Million | $116.92 Million | ▼ -1.4 pp |
| 2017 | 100.0% | $62.08 Million | $0.00 | $86.20 Million | ▲ +0.0 pp |
| 2016 | 100.0% | $48.81 Million | $0.00 | $64.31 Million | — |