Ultrapar Participacoes SA ADR (UGP) — Tangible Net Worth Ratio
Ultrapar Participacoes SA ADR (UGP) has a Tangible Net Worth Ratio of 88.9% as of March 2026. This metric is calculated by deducting intangible assets ($412.24 Million) from net assets ($3.72 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 UGP shareholders equity momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Ultrapar Participacoes SA ADR Tangible Net Worth Ratio (1999–2025)
This chart shows how Ultrapar Participacoes SA ADR's Tangible Net Worth Ratio has changed across 27 annual periods from 1999 to 2025. As of March 2026, the ratio stands at 88.9%, reflecting net assets of $3.72 Billion with intangible assets of $412.24 Million USD. For live market cap and overall valuation, see UGP market cap overview.
Annual Tangible Net Worth Ratio for Ultrapar Participacoes SA ADR (1999–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Ultrapar Participacoes SA ADR from 1999 to 2025, covering 27 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 Ultrapar Participacoes SA ADR capital spending 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 | 89.8% | $17.72 Billion | $1.81 Billion | $50.27 Billion | ▼ -4.4 pp |
| 2024 | 94.1% | $15.82 Billion | $925.97 Million | $39.56 Billion | ▲ +5.6 pp |
| 2023 | 88.5% | $14.03 Billion | $1.61 Billion | $38.25 Billion | ▼ -3.3 pp |
| 2022 | 91.8% | $12.34 Billion | $1.01 Billion | $37.08 Billion | ▼ -1.8 pp |
| 2021 | 93.6% | $10.16 Billion | $653.16 Million | $39.01 Billion | ▲ +2.2 pp |
| 2020 | 91.4% | $9.92 Billion | $851.68 Million | $36.90 Billion | ▼ -0.1 pp |
| 2019 | 91.6% | $2.44 Billion | $206.52 Million | $7.86 Billion | ▲ +0.2 pp |
| 2018 | 91.4% | $9.80 Billion | $844.27 Million | $30.50 Billion | ▲ +13.5 pp |
| 2017 | 77.9% | $9.72 Billion | $2.15 Billion | $28.34 Billion | ▲ +0.3 pp |
| 2016 | 77.6% | $8.56 Billion | $1.92 Billion | $24.16 Billion | ▲ +0.6 pp |
| 2015 | 77.0% | $7.97 Billion | $1.84 Billion | $20.97 Billion | ▼ -1.0 pp |
| 2014 | 78.0% | $7.73 Billion | $1.70 Billion | $19.48 Billion | ▼ -1.0 pp |
| 2013 | 79.0% | $6.55 Billion | $1.37 Billion | $16.38 Billion | ▼ -1.6 pp |
| 2012 | 80.7% | $6.02 Billion | $1.16 Billion | $15.30 Billion | ▼ -4.4 pp |
| 2011 | 85.1% | $5.58 Billion | $833.14 Million | $13.74 Billion | ▼ -2.7 pp |
| 2010 | 87.8% | $5.18 Billion | $631.22 Million | $12.99 Billion | ▼ -10.1 pp |
| 2009 | 97.9% | $8.49 Billion | $180.52 Million | $19.35 Billion | ▼ 0.0 pp |
| 2008 | 97.9% | $4.69 Billion | $97.90 Million | $9.67 Billion | ▼ -0.6 pp |
| 2007 | 98.6% | $4.64 Billion | $66.89 Million | $9.31 Billion | ▲ +1.3 pp |
| 2006 | 97.2% | $1.96 Billion | $54.77 Million | $3.89 Billion | ▼ -2.8 pp |
| 2005 | 100.0% | $1.82 Billion | $0.00 | $3.68 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | $1.63 Billion | $0.00 | $2.67 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | $1.38 Billion | $0.00 | $2.40 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | $1.22 Billion | $0.00 | $2.13 Billion | ▲ +0.0 pp |
| 2001 | 100.0% | $1.24 Billion | $0.00 | $1.95 Billion | ▲ +0.0 pp |
| 2000 | 100.0% | $1.55 Billion | $0.00 | $2.27 Billion | ▲ +0.0 pp |
| 1999 | 100.0% | $1.50 Billion | $0.00 | $2.22 Billion | — |