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. See how liquid is Rafael Holdings, Inc.'s working capital to evaluate short-term liquidity relative to the company's equity base.
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. See Rafael Holdings, Inc. defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see Rafael Holdings, Inc. (RFL) total market value.
| 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 | — |