Banco BTG Pactual S.A. (BPAC11) — Tangible Net Worth Ratio
Banco BTG Pactual S.A. (BPAC11) has a Tangible Net Worth Ratio of 91.1% as of December 2025. This metric is calculated by deducting intangible assets (R$6.83 Billion) from net assets (R$76.91 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 BPAC11 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Banco BTG Pactual S.A. Tangible Net Worth Ratio (2008–2025)
This chart shows how Banco BTG Pactual S.A.'s Tangible Net Worth Ratio has changed across 18 annual periods from 2008 to 2025. As of December 2025, the ratio stands at 91.1%, reflecting net assets of R$76.91 Billion with intangible assets of R$6.83 Billion BRL. For live market cap and overall valuation, see Banco BTG Pactual S.A. market capitalisation.
Annual Tangible Net Worth Ratio for Banco BTG Pactual S.A. (2008–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Banco BTG Pactual S.A. from 2008 to 2025, covering 18 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 Banco BTG Pactual S.A. capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (BRL) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 91.1% | R$76.91 Billion | R$6.83 Billion | R$805.97 Billion | ▼ -2.3 pp |
| 2024 | 93.5% | R$63.53 Billion | R$4.16 Billion | R$646.84 Billion | ▲ +1.4 pp |
| 2023 | 92.1% | R$53.54 Billion | R$4.24 Billion | R$493.23 Billion | ▲ +2.2 pp |
| 2022 | 89.9% | R$46.61 Billion | R$4.70 Billion | R$450.61 Billion | ▲ +0.2 pp |
| 2021 | 89.7% | R$40.51 Billion | R$4.16 Billion | R$346.14 Billion | ▼ -10.1 pp |
| 2020 | 99.8% | R$146.64 Billion | R$315.83 Million | R$244.93 Billion | ▲ +0.7 pp |
| 2019 | 99.1% | R$21.74 Billion | R$190.89 Million | R$164.38 Billion | ▼ -0.4 pp |
| 2018 | 99.6% | R$18.79 Billion | R$82.34 Million | R$160.74 Billion | ▲ +1.6 pp |
| 2017 | 98.0% | R$116.00 Billion | R$2.32 Billion | R$117.47 Billion | ▼ -1.6 pp |
| 2016 | 99.6% | R$108.69 Billion | R$396.84 Million | R$111.41 Billion | ▲ +3.1 pp |
| 2015 | 96.5% | R$20.36 Billion | R$714.62 Million | R$227.22 Billion | ▲ +0.8 pp |
| 2014 | 95.7% | R$15.50 Billion | R$667.60 Million | R$157.71 Billion | ▲ +0.5 pp |
| 2013 | 95.2% | R$12.82 Billion | R$613.09 Million | R$120.89 Billion | ▲ +1.2 pp |
| 2012 | 94.0% | R$10.44 Billion | R$625.59 Million | R$124.43 Billion | ▼ -2.5 pp |
| 2011 | 96.6% | R$6.55 Billion | R$225.37 Million | R$82.39 Billion | ▼ -1.9 pp |
| 2010 | 98.4% | R$5.54 Billion | R$86.74 Million | R$73.05 Billion | ▲ +16.2 pp |
| 2009 | 82.3% | R$3.19 Billion | R$565.86 Million | R$21.84 Billion | ▼ -17.7 pp |
| 2008 | 100.0% | R$3.87 Billion | R$0.00 | R$19.27 Billion | — |