Migdal Insurance (MGDL) — Tangible Net Worth Ratio
Migdal Insurance (MGDL) has a Tangible Net Worth Ratio of 80.6% as of September 2025. This metric is calculated by deducting intangible assets (ILA1.85 Billion) from net assets (ILA9.53 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 MGDL current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Migdal Insurance Tangible Net Worth Ratio (2000–2024)
This chart shows how Migdal Insurance's Tangible Net Worth Ratio has changed across 25 annual periods from 2000 to 2024. As of September 2025, the ratio stands at 80.6%, reflecting net assets of ILA9.53 Billion with intangible assets of ILA1.85 Billion ILA. See Migdal Insurance (MGDL) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Migdal Insurance (2000–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Migdal Insurance from 2000 to 2024, covering 25 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 Migdal Insurance stock valuation.
| Year | Tangible NW Ratio | Net Assets (ILA) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 90.7% | ILA9.55 Billion | ILA886.86 Million | ILA219.64 Billion | ▼ -0.8 pp |
| 2023 | 91.5% | ILA8.60 Billion | ILA730.61 Million | ILA204.86 Billion | ▼ -1.1 pp |
| 2022 | 92.6% | ILA8.10 Billion | ILA602.69 Million | ILA196.90 Billion | ▼ -1.8 pp |
| 2021 | 94.3% | ILA8.56 Billion | ILA484.85 Million | ILA204.16 Billion | ▲ +0.0 pp |
| 2020 | 94.3% | ILA6.88 Billion | ILA389.99 Million | ILA181.92 Billion | ▼ -0.4 pp |
| 2019 | 94.8% | ILA6.35 Billion | ILA331.08 Million | ILA171.38 Billion | ▲ +0.1 pp |
| 2018 | 94.7% | ILA5.95 Billion | ILA317.48 Million | ILA154.14 Billion | ▼ 0.0 pp |
| 2017 | 94.7% | ILA5.91 Billion | ILA314.59 Million | ILA147.58 Billion | ▲ +1.0 pp |
| 2016 | 93.7% | ILA5.39 Billion | ILA340.16 Million | ILA135.14 Billion | ▲ +0.8 pp |
| 2015 | 92.8% | ILA5.23 Billion | ILA374.13 Million | ILA126.34 Billion | ▲ +0.9 pp |
| 2014 | 92.0% | ILA5.28 Billion | ILA423.80 Million | ILA119.05 Billion | ▲ +1.6 pp |
| 2013 | 90.4% | ILA5.14 Billion | ILA494.59 Million | ILA109.73 Billion | ▲ +0.3 pp |
| 2012 | 90.1% | ILA4.80 Billion | ILA474.57 Million | ILA96.93 Billion | ▲ +17.4 pp |
| 2011 | 72.7% | ILA4.54 Billion | ILA1.24 Billion | ILA86.10 Billion | ▼ -1.1 pp |
| 2010 | 73.7% | ILA4.64 Billion | ILA1.22 Billion | ILA83.16 Billion | ▲ +3.0 pp |
| 2009 | 70.8% | ILA4.05 Billion | ILA1.18 Billion | ILA4.05 Billion | ▼ -15.6 pp |
| 2008 | 86.4% | ILA2.99 Billion | ILA407.62 Million | ILA60.14 Billion | ▼ -4.6 pp |
| 2007 | 91.0% | ILA3.39 Billion | ILA304.36 Million | ILA61.30 Billion | ▲ +10.8 pp |
| 2006 | 80.2% | ILA2.85 Billion | ILA564.96 Million | ILA54.77 Billion | ▼ -7.8 pp |
| 2005 | 88.0% | ILA2.69 Billion | ILA322.59 Million | ILA50.83 Billion | ▲ +0.9 pp |
| 2004 | 87.2% | ILA2.58 Billion | ILA332.00 Million | ILA44.71 Billion | ▼ -1.5 pp |
| 2003 | 88.7% | ILA2.42 Billion | ILA273.00 Million | ILA41.93 Billion | ▼ -6.7 pp |
| 2002 | 95.4% | ILA2.03 Billion | ILA93.20 Million | ILA37.35 Billion | ▲ +0.3 pp |
| 2001 | 95.1% | ILA1.94 Billion | ILA95.97 Million | ILA36.22 Billion | ▼ -4.9 pp |
| 2000 | 100.0% | ILA1.09 Billion | ILA0.00 | ILA29.16 Billion | — |