Sabine Royalty Trust (SBR) — Tangible Net Worth Ratio
Sabine Royalty Trust (SBR) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($6.90 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 net asset momentum of Sabine Royalty Trust to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Sabine Royalty Trust Tangible Net Worth Ratio (1994–2025)
This chart shows how Sabine Royalty Trust's Tangible Net Worth Ratio has changed across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting net assets of $6.90 Million with intangible assets of $0.00 USD. Check SBR strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Annual Tangible Net Worth Ratio for Sabine Royalty Trust (1994–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Sabine Royalty Trust from 1994 to 2025, covering 32 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 live market cap and overall valuation, see Sabine Royalty Trust market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 99.0% | $6.85 Million | $69.61K | $7.64 Million | ▼ -0.1 pp |
| 2024 | 99.1% | $8.71 Million | $80.62K | $9.25 Million | ▲ +0.2 pp |
| 2023 | 98.9% | $8.56 Million | $95.40K | $9.44 Million | ▼ -0.1 pp |
| 2022 | 99.0% | $11.41 Million | $112.49K | $16.28 Million | ▼ -0.1 pp |
| 2021 | 99.1% | $14.91 Million | $136.61K | $16.32 Million | ▲ +3.1 pp |
| 2020 | 96.0% | $3.99 Million | $160.73K | $4.95 Million | ▼ -0.7 pp |
| 2019 | 96.7% | $5.65 Million | $185.97K | $6.91 Million | ▲ +0.5 pp |
| 2018 | 96.2% | $5.67 Million | $213.89K | $9.46 Million | ▲ +1.5 pp |
| 2017 | 94.7% | $4.59 Million | $244.61K | $5.33 Million | ▲ +0.9 pp |
| 2016 | 93.8% | $4.42 Million | $273.29K | $5.23 Million | ▼ -0.2 pp |
| 2015 | 94.0% | $5.18 Million | $309.38K | $6.11 Million | ▲ +1.9 pp |
| 2014 | 92.1% | $4.54 Million | $357.27K | $6.85 Million | ▼ -7.9 pp |
| 2013 | 100.0% | $5.63 Million | $0.00 | $6.95 Million | ▲ +0.0 pp |
| 2012 | 100.0% | $4.07 Million | $0.00 | $5.26 Million | ▲ +0.0 pp |
| 2011 | 100.0% | $5.75 Million | $0.00 | $6.26 Million | ▲ +0.0 pp |
| 2010 | 100.0% | $5.09 Million | $0.00 | $5.36 Million | ▲ +0.0 pp |
| 2009 | 100.0% | $5.20 Million | $0.00 | $5.52 Million | ▲ +0.0 pp |
| 2008 | 100.0% | $6.74 Million | $0.00 | $7.12 Million | ▲ +0.0 pp |
| 2007 | 100.0% | $5.82 Million | $0.00 | $6.62 Million | ▲ +0.0 pp |
| 2006 | 100.0% | $5.00 Million | $0.00 | $5.37 Million | ▲ +0.0 pp |
| 2005 | 100.0% | $7.05 Million | $0.00 | $7.37 Million | ▲ +0.0 pp |
| 2004 | 100.0% | $4.52 Million | $0.00 | $4.91 Million | ▲ +0.0 pp |
| 2003 | 100.0% | $4.70 Million | $0.00 | $5.56 Million | ▲ +0.0 pp |
| 2002 | 100.0% | $4.60 Million | $0.00 | $5.39 Million | ▲ +0.0 pp |
| 2001 | 100.0% | $5.68 Million | $0.00 | $5.86 Million | ▲ +0.0 pp |
| 2000 | 100.0% | $4.80 Million | $0.00 | $5.24 Million | ▲ +0.0 pp |
| 1999 | 100.0% | $5.20 Million | $0.00 | $5.50 Million | ▲ +0.0 pp |
| 1998 | 100.0% | $4.30 Million | $0.00 | $4.80 Million | ▲ +0.0 pp |
| 1997 | 100.0% | $5.90 Million | $0.00 | $6.90 Million | ▲ +0.0 pp |
| 1996 | 100.0% | $5.90 Million | $0.00 | $6.90 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $5.40 Million | $0.00 | $6.60 Million | ▲ +0.0 pp |
| 1994 | 100.0% | $6.10 Million | $0.00 | $7.20 Million | — |