Brookfield Business Partners L.P. (BBU-UN) — Tangible Net Worth Ratio
Brookfield Business Partners L.P. (BBU-UN) has a Tangible Net Worth Ratio of -17.8% as of March 2026. This metric is calculated by deducting intangible assets (CA$18.28 Billion) from net assets (CA$15.52 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 net asset momentum of Brookfield Business Partners L.P. to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Brookfield Business Partners L.P. Tangible Net Worth Ratio (2013–2025)
This chart shows how Brookfield Business Partners L.P.'s Tangible Net Worth Ratio has changed across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at -17.8%, reflecting net assets of CA$15.52 Billion with intangible assets of CA$18.28 Billion CAD. For live market cap and overall valuation, see market cap of Brookfield Business Partners L.P..
Annual Tangible Net Worth Ratio for Brookfield Business Partners L.P. (2013–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Brookfield Business Partners L.P. from 2013 to 2025, covering 13 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 reinvestment intensity of Brookfield Business Partners L.P. to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -176.8% | CA$2.10 Billion | CA$5.81 Billion | CA$16.43 Billion | ▼ -50.4 pp |
| 2024 | -126.4% | CA$2.63 Billion | CA$5.97 Billion | CA$19.10 Billion | ▼ -80.8 pp |
| 2023 | -45.6% | CA$4.76 Billion | CA$6.93 Billion | CA$21.18 Billion | ▲ +82.7 pp |
| 2022 | -128.3% | CA$4.07 Billion | CA$9.29 Billion | CA$27.38 Billion | ▲ +143.7 pp |
| 2021 | -272.0% | CA$1.14 Billion | CA$4.23 Billion | CA$15.92 Billion | ▼ -210.7 pp |
| 2020 | -61.3% | CA$2.71 Billion | CA$4.37 Billion | CA$16.66 Billion | ▼ -18.8 pp |
| 2019 | -42.5% | CA$3.17 Billion | CA$4.51 Billion | CA$16.68 Billion | ▼ -57.4 pp |
| 2018 | 15.0% | CA$6.49 Billion | CA$5.52 Billion | CA$27.32 Billion | ▼ -34.0 pp |
| 2017 | 49.0% | CA$6.06 Billion | CA$3.09 Billion | CA$15.80 Billion | ▼ -41.8 pp |
| 2016 | 90.8% | CA$4.04 Billion | CA$371.00 Million | CA$8.19 Billion | ▲ +5.2 pp |
| 2015 | 85.6% | CA$3.08 Billion | CA$445.00 Million | CA$7.63 Billion | ▼ -7.5 pp |
| 2014 | 93.0% | CA$2.13 Billion | CA$149.00 Million | CA$4.41 Billion | ▲ +0.7 pp |
| 2013 | 92.3% | CA$2.23 Billion | CA$172.00 Million | CA$4.21 Billion | — |