Metalurgica Gerdau S.A (GOAU3) — Tangible Net Worth Ratio
Metalurgica Gerdau S.A (GOAU3) has a Tangible Net Worth Ratio of 98.7% as of June 2026. This metric is calculated by deducting intangible assets (R$689.66 Million) from net assets (R$53.80 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 Metalurgica Gerdau S.A (GOAU3) equity growth momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Metalurgica Gerdau S.A Tangible Net Worth Ratio (2004–2025)
This chart shows how Metalurgica Gerdau S.A's Tangible Net Worth Ratio has changed across 22 annual periods from 2004 to 2025. As of June 2026, the ratio stands at 98.7%, reflecting net assets of R$53.80 Billion with intangible assets of R$689.66 Million BRL. For live market cap and overall valuation, see market cap of Metalurgica Gerdau S.A.
Annual Tangible Net Worth Ratio for Metalurgica Gerdau S.A (2004–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Metalurgica Gerdau S.A from 2004 to 2025, covering 22 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 Metalurgica Gerdau S.A capital reinvestment 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 | 98.7% | R$53.86 Billion | R$691.37 Million | R$81.76 Billion | ▼ -0.6 pp |
| 2024 | 99.3% | R$58.25 Billion | R$400.57 Million | R$86.95 Billion | ▲ +0.1 pp |
| 2023 | 99.2% | R$49.57 Billion | R$373.71 Million | R$75.23 Billion | ▲ +0.1 pp |
| 2022 | 99.1% | R$47.29 Billion | R$415.16 Million | R$74.77 Billion | ▲ +0.3 pp |
| 2021 | 98.8% | R$43.62 Billion | R$509.76 Million | R$74.61 Billion | ▲ +0.7 pp |
| 2020 | 98.1% | R$32.62 Billion | R$622.58 Million | R$64.76 Billion | ▲ +0.6 pp |
| 2019 | 97.5% | R$27.23 Billion | R$673.26 Million | R$54.05 Billion | ▲ +0.8 pp |
| 2018 | 96.7% | R$25.37 Billion | R$836.10 Million | R$51.34 Billion | ▲ +0.9 pp |
| 2017 | 95.8% | R$23.34 Billion | R$972.09 Million | R$50.35 Billion | ▲ +1.5 pp |
| 2016 | 94.3% | R$23.35 Billion | R$1.32 Billion | R$54.76 Billion | ▲ +0.4 pp |
| 2015 | 94.0% | R$30.47 Billion | R$1.84 Billion | R$70.22 Billion | ▼ -1.1 pp |
| 2014 | 95.0% | R$31.24 Billion | R$1.55 Billion | R$63.25 Billion | ▲ +0.0 pp |
| 2013 | 95.0% | R$30.17 Billion | R$1.50 Billion | R$58.50 Billion | ▲ +0.1 pp |
| 2012 | 94.9% | R$26.82 Billion | R$1.36 Billion | R$53.37 Billion | ▲ +0.1 pp |
| 2011 | 94.8% | R$24.55 Billion | R$1.27 Billion | R$50.17 Billion | ▲ +0.7 pp |
| 2010 | 94.2% | R$20.15 Billion | R$1.18 Billion | R$42.89 Billion | ▼ -1.3 pp |
| 2009 | 95.5% | R$22.00 Billion | R$992.80 Million | R$44.58 Billion | ▲ +2.5 pp |
| 2008 | 93.0% | R$24.38 Billion | R$1.71 Billion | R$60.16 Billion | ▼ -0.5 pp |
| 2007 | 93.4% | R$16.34 Billion | R$1.07 Billion | R$41.84 Billion | ▼ -6.3 pp |
| 2006 | 99.7% | R$14.28 Billion | R$45.38 Million | R$31.79 Billion | ▼ -0.3 pp |
| 2005 | 100.0% | R$10.37 Billion | R$0.00 | R$21.96 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | R$7.86 Billion | R$0.00 | R$18.79 Billion | — |