Novanta (NOVT) - Net assets

Net assets on the balance sheet as of September 2024 : HK$5.76 Billion

According to Novanta's latest financial reports the company has HK$5.76 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Novanta - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$5.25 B	16.55%
2022-12-31	$HK$4.51 B	11.02%
2021-12-31	$HK$4.06 B	9.97%
2020-12-31	$HK$3.69 B	13.77%
2019-12-31	$HK$3.24 B	12.66%
2018-12-31	$HK$2.88 B	18.47%
2017-12-31	$HK$2.43 B	21.25%
2016-12-31	$HK$2.00 B	5.84%
2015-12-31	$HK$1.89 B	15.75%
2014-12-31	$HK$1.63 B	-12.83%
2013-12-31	$HK$1.87 B	6.26%
2012-12-31	$HK$1.76 B	8.78%
2011-12-31	$HK$1.62 B	16.94%
2010-12-31	$HK$1.39 B	112.71%
2009-12-31	$HK$0.65 B	-44.67%
2008-12-31	$HK$1.18 B	-56.16%
2007-12-31	$HK$2.69 B	1.01%
2006-12-31	$HK$2.66 B	12.26%
2005-12-31	$HK$2.37 B	0.09%
2004-12-31	$HK$2.37 B	17.47%
2003-12-31	$HK$2.02 B	1.86%
2002-12-31	$HK$1.98 B	-9.85%
2001-12-31	$HK$2.20 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Philips PHG	HK$99.27 B	1,621.52%	🇳🇱 Netherlands
PAVmed PAVM	-HK$72.94 Million	-101.26%	🇺🇸 USA

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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