Novanta (NOVT) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$1.29 Billion

According to Novanta's latest financial reports the company has NZ$1.29 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	$NZ$1.06 B	17.06%
2022-12-31	$NZ$0.90 B	19.2%
2021-12-31	$NZ$0.76 B	15.49%
2020-12-31	$NZ$0.66 B	6.68%
2019-12-31	$NZ$0.61 B	12.83%
2018-12-31	$NZ$0.54 B	25.15%
2017-12-31	$NZ$0.43 B	17.38%
2016-12-31	$NZ$0.37 B	4.53%
2015-12-31	$NZ$0.35 B	32.6%
2014-12-31	$NZ$0.26 B	-8.6%
2013-12-31	$NZ$0.29 B	6.33%
2012-12-31	$NZ$0.27 B	3.41%
2011-12-31	$NZ$0.26 B	15.82%
2010-12-31	$NZ$0.23 B	99.52%
2009-12-31	$NZ$0.11 B	-55.94%
2008-12-31	$NZ$0.26 B	-41.62%
2007-12-31	$NZ$0.45 B	-7.33%
2006-12-31	$NZ$0.48 B	8.58%
2005-12-31	$NZ$0.44 B	4.74%
2004-12-31	$NZ$0.42 B	6.74%
2003-12-31	$NZ$0.40 B	-17.5%
2002-12-31	$NZ$0.48 B	-28.48%
2001-12-31	$NZ$0.67 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Philips PHG	NZ$22.21 B	1,621.52%	🇳🇱 Netherlands
PAVmed PAVM	-NZ$16.33 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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