Novanta (NOVT) - Net assets

Net assets on the balance sheet as of September 2024 : ₹63.03 Billion

According to Novanta's latest financial reports the company has ₹63.03 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	$₹56.06 B	17.3%
2022-12-31	$₹47.79 B	23.18%
2021-12-31	$₹38.80 B	11.27%
2020-12-31	$₹34.87 B	17.22%
2019-12-31	$₹29.74 B	15.53%
2018-12-31	$₹25.74 B	29.44%
2017-12-31	$₹19.89 B	13.08%
2016-12-31	$₹17.59 B	8.18%
2015-12-31	$₹16.26 B	21.46%
2014-12-31	$₹13.38 B	-10.6%
2013-12-31	$₹14.97 B	19.85%
2012-12-31	$₹12.49 B	12.82%
2011-12-31	$₹11.07 B	38.33%
2010-12-31	$₹8.00 B	104.67%
2009-12-31	$₹3.91 B	-46.77%
2008-12-31	$₹7.34 B	-45.83%
2007-12-31	$₹13.56 B	-10.72%
2006-12-31	$₹15.19 B	10.15%
2005-12-31	$₹13.79 B	4.24%
2004-12-31	$₹13.23 B	11.45%
2003-12-31	$₹11.87 B	-2.7%
2002-12-31	$₹12.20 B	-10.42%
2001-12-31	$₹13.62 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Philips PHG	₹1.085 T	1,621.52%	🇳🇱 Netherlands
PAVmed PAVM	-₹0.8 Billion	-101.26%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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