Walmart Inc (WALM34) — Tangible Net Worth Ratio
Walmart Inc (WALM34) has a Tangible Net Worth Ratio of 100.0% as of October 2025. This metric is calculated by deducting intangible assets (R$0.00) from net assets (R$96.09 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 Walmart Inc equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Walmart Inc Tangible Net Worth Ratio (2015–2025)
This chart shows how Walmart Inc's Tangible Net Worth Ratio has changed across 11 annual periods from 2015 to 2025. As of October 2025, the ratio stands at 100.0%, reflecting net assets of R$96.09 Billion with intangible assets of R$0.00 BRL. For live market cap and overall valuation, see Walmart Inc (WALM34) total market value.
Annual Tangible Net Worth Ratio for Walmart Inc (2015–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Walmart Inc from 2015 to 2025, covering 11 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 Walmart Inc 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 | 95.4% | R$97.69 Billion | R$4.50 Billion | R$260.82 Billion | ▼ -4.6 pp |
| 2024 | 100.0% | R$90.57 Billion | R$0.00 | R$252.40 Billion | ▲ +0.0 pp |
| 2023 | 100.0% | R$76.69 Billion | R$0.00 | R$243.20 Billion | ▲ +0.0 pp |
| 2022 | 100.0% | R$83.25 Billion | R$0.00 | R$244.86 Billion | ▲ +0.0 pp |
| 2021 | 100.0% | R$80.92 Billion | R$0.00 | R$252.50 Billion | ▲ +7.0 pp |
| 2020 | 93.0% | R$74.67 Billion | R$5.20 Billion | R$236.50 Billion | ▲ +1.0 pp |
| 2019 | 92.0% | R$72.50 Billion | R$5.80 Billion | R$219.29 Billion | ▼ -8.0 pp |
| 2018 | 100.0% | R$77.87 Billion | R$0.00 | R$204.52 Billion | ▲ +0.0 pp |
| 2017 | 100.0% | R$77.80 Billion | R$0.00 | R$198.82 Billion | ▲ +0.0 pp |
| 2016 | 100.0% | R$83.61 Billion | R$0.00 | R$199.58 Billion | ▲ +0.0 pp |
| 2015 | 100.0% | R$85.94 Billion | R$0.00 | R$203.49 Billion | — |