Migdal Insurance (MGDL) — Tangible Net Worth Ratio
Migdal Insurance (MGDL) has a Tangible Net Worth Ratio of 81.9% as of June 2026. This metric is calculated by deducting intangible assets (ILA1.97 Billion) from net assets (ILA10.86 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 Migdal Insurance 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
Migdal Insurance Tangible Net Worth Ratio (2000–2025)
This chart shows how Migdal Insurance's Tangible Net Worth Ratio has changed across 26 annual periods from 2000 to 2025. As of June 2026, the ratio stands at 81.9%, reflecting net assets of ILA10.86 Billion with intangible assets of ILA1.97 Billion ILA. For live market cap and overall valuation, see market cap of Migdal Insurance.
Annual Tangible Net Worth Ratio for Migdal Insurance (2000–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Migdal Insurance from 2000 to 2025, 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. Explore Migdal Insurance capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (ILA) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 89.7% | ILA9.96 Billion | ILA1.02 Billion | ILA246.30 Billion | ▼ -1.0 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 | — |