Marfrig Global Foods S.A. (MRFG3) — Tangible Net Worth Ratio
Marfrig Global Foods S.A. (MRFG3) has a Tangible Net Worth Ratio of -18.9% as of September 2025. This metric is calculated by deducting intangible assets (R$17.74 Billion) from net assets (R$14.92 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 MRFG3 net assets growth trend to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Marfrig Global Foods S.A. Tangible Net Worth Ratio (2003–2024)
This chart shows how Marfrig Global Foods S.A.'s Tangible Net Worth Ratio has changed across 22 annual periods from 2003 to 2024. As of September 2025, the ratio stands at -18.9%, reflecting net assets of R$14.92 Billion with intangible assets of R$17.74 Billion BRL. For live market cap and overall valuation, see MRFG3 company net worth.
Annual Tangible Net Worth Ratio for Marfrig Global Foods S.A. (2003–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Marfrig Global Foods S.A. from 2003 to 2024, 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 how much does Marfrig Global Foods S.A. reinvest in capital 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) |
|---|---|---|---|---|---|
| 2024 | 11.1% | R$19.94 Billion | R$17.72 Billion | R$137.51 Billion | ▼ -18.9 pp |
| 2023 | 30.0% | R$24.89 Billion | R$17.43 Billion | R$130.95 Billion | ▲ +0.4 pp |
| 2022 | 29.6% | R$26.45 Billion | R$18.63 Billion | R$136.10 Billion | ▲ +38.0 pp |
| 2021 | -8.4% | R$5.57 Billion | R$6.04 Billion | R$48.00 Billion | ▲ +68.7 pp |
| 2020 | -77.1% | R$3.51 Billion | R$6.22 Billion | R$39.51 Billion | ▲ +125.4 pp |
| 2019 | -202.4% | R$1.78 Billion | R$5.37 Billion | R$31.57 Billion | ▼ -170.1 pp |
| 2018 | -32.3% | R$4.01 Billion | R$5.31 Billion | R$26.50 Billion | ▼ -64.3 pp |
| 2017 | 32.0% | R$2.63 Billion | R$1.79 Billion | R$21.30 Billion | ▲ +92.4 pp |
| 2016 | -60.4% | R$1.10 Billion | R$1.77 Billion | R$20.26 Billion | ▲ +82.7 pp |
| 2015 | -143.1% | R$843.63 Million | R$2.05 Billion | R$20.60 Billion | ▼ -149.3 pp |
| 2014 | 6.2% | R$2.07 Billion | R$1.94 Billion | R$20.19 Billion | ▼ -36.9 pp |
| 2013 | 43.1% | R$3.12 Billion | R$1.77 Billion | R$17.83 Billion | ▲ +37.7 pp |
| 2012 | 5.4% | R$4.31 Billion | R$4.07 Billion | R$25.59 Billion | ▲ +32.8 pp |
| 2011 | -27.4% | R$3.42 Billion | R$4.35 Billion | R$23.82 Billion | ▼ -22.9 pp |
| 2010 | -4.4% | R$4.01 Billion | R$4.19 Billion | R$22.60 Billion | ▼ -55.0 pp |
| 2009 | 50.6% | R$3.79 Billion | R$1.87 Billion | R$12.25 Billion | ▲ +28.6 pp |
| 2008 | 22.0% | R$2.75 Billion | R$2.14 Billion | R$9.16 Billion | ▼ -76.1 pp |
| 2007 | 98.1% | R$1.31 Billion | R$25.25 Million | R$4.33 Billion | ▼ -1.9 pp |
| 2006 | 100.0% | R$245.61 Million | R$0.00 | R$1.72 Billion | ▲ +1.4 pp |
| 2005 | 98.6% | R$175.62 Million | R$2.50 Million | R$672.08 Million | ▼ -1.1 pp |
| 2004 | 99.7% | R$61.71 Million | R$213.00K | R$339.30 Million | ▲ +1.5 pp |
| 2003 | 98.2% | R$38.10 Million | R$700.00K | R$321.37 Million | — |