BRF S.A (BRFS3) — Tangible Net Worth Ratio
BRF S.A (BRFS3) has a Tangible Net Worth Ratio of 84.3% as of June 2025. This metric is calculated by deducting intangible assets (R$2.83 Billion) from net assets (R$18.10 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. See BRF S.A (BRFS3) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
BRF S.A Tangible Net Worth Ratio (1999–2024)
This chart shows how BRF S.A's Tangible Net Worth Ratio has changed across 26 annual periods from 1999 to 2024. As of June 2025, the ratio stands at 84.3%, reflecting net assets of R$18.10 Billion with intangible assets of R$2.83 Billion BRL. See BRF S.A (BRFS3) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for BRF S.A (1999–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for BRF S.A from 1999 to 2024, covering 26 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 BRFS3 market cap.
| Year | Tangible NW Ratio | Net Assets (BRL) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 82.4% | R$16.50 Billion | R$2.90 Billion | R$62.68 Billion | ▼ 0.0 pp |
| 2023 | 82.4% | R$15.64 Billion | R$2.75 Billion | R$57.27 Billion | ▲ +7.5 pp |
| 2022 | 75.0% | R$11.82 Billion | R$2.96 Billion | R$57.85 Billion | ▲ +5.8 pp |
| 2021 | 69.1% | R$8.83 Billion | R$2.72 Billion | R$55.90 Billion | ▼ -5.0 pp |
| 2020 | 74.1% | R$8.81 Billion | R$2.28 Billion | R$49.66 Billion | ▲ +1.0 pp |
| 2019 | 73.1% | R$8.15 Billion | R$2.19 Billion | R$41.70 Billion | ▲ +3.9 pp |
| 2018 | 69.1% | R$7.53 Billion | R$2.32 Billion | R$42.38 Billion | ▼ -5.2 pp |
| 2017 | 74.3% | R$11.71 Billion | R$3.01 Billion | R$45.23 Billion | ▼ -6.6 pp |
| 2016 | 80.9% | R$12.22 Billion | R$2.33 Billion | R$42.94 Billion | ▼ -2.9 pp |
| 2015 | 83.9% | R$13.84 Billion | R$2.23 Billion | R$40.39 Billion | ▼ -4.6 pp |
| 2014 | 88.5% | R$15.69 Billion | R$1.80 Billion | R$36.10 Billion | ▼ -0.2 pp |
| 2013 | 88.7% | R$14.70 Billion | R$1.66 Billion | R$32.37 Billion | ▲ +0.2 pp |
| 2012 | 88.6% | R$14.58 Billion | R$1.67 Billion | R$30.77 Billion | ▼ -1.4 pp |
| 2011 | 90.0% | R$14.11 Billion | R$1.41 Billion | R$29.98 Billion | ▲ +0.4 pp |
| 2010 | 89.6% | R$13.64 Billion | R$1.41 Billion | R$27.75 Billion | ▼ -4.1 pp |
| 2009 | 93.7% | R$22.92 Billion | R$1.44 Billion | R$44.86 Billion | ▼ -2.2 pp |
| 2008 | 95.9% | R$800.55 Million | R$32.98 Million | R$14.28 Billion | ▲ +0.0 pp |
| 2007 | 95.9% | R$3.23 Billion | R$133.74 Million | R$6.54 Billion | ▲ +0.0 pp |
| 2006 | 95.8% | R$2.14 Billion | R$89.58 Million | R$4.82 Billion | ▲ +3.4 pp |
| 2005 | 92.4% | R$1.22 Billion | R$92.74 Million | R$3.63 Billion | ▼ -7.6 pp |
| 2004 | 100.0% | R$970.38 Million | R$0.00 | R$2.53 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | R$760.10 Million | R$0.00 | R$2.77 Billion | ▲ +1.8 pp |
| 2002 | 98.2% | R$675.64 Million | R$11.84 Million | R$3.01 Billion | ▼ -1.8 pp |
| 2001 | 100.0% | R$672.80 Million | R$0.00 | R$2.42 Billion | ▲ +0.7 pp |
| 2000 | 99.3% | R$780.48 Million | R$5.33 Million | R$2.55 Billion | ▼ -0.7 pp |
| 1999 | 100.0% | R$672.56 Million | R$0.00 | R$2.10 Billion | — |