Novanta (NOVT) - Net assets

Net assets on the balance sheet as of September 2024 : A$1.18 Billion

According to Novanta's latest financial reports the company has A$1.18 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	$A$0.98 B	16.46%
2022-12-31	$A$0.84 B	18.04%
2021-12-31	$A$0.71 B	15.96%
2020-12-31	$A$0.62 B	4.07%
2019-12-31	$A$0.59 B	13.98%
2018-12-31	$A$0.52 B	30.99%
2017-12-31	$A$0.39 B	11.12%
2016-12-31	$A$0.35 B	6.92%
2015-12-31	$A$0.33 B	30.13%
2014-12-31	$A$0.25 B	-5.01%
2013-12-31	$A$0.27 B	23.75%
2012-12-31	$A$0.21 B	7.55%
2011-12-31	$A$0.20 B	16.08%
2010-12-31	$A$0.17 B	87.42%
2009-12-31	$A$93.85 M	-56.69%
2008-12-31	$A$0.21 B	-45.19%
2007-12-31	$A$0.39 B	-9.15%
2006-12-31	$A$0.43 B	3.88%
2005-12-31	$A$0.41 B	6.1%
2004-12-31	$A$0.39 B	12.54%
2003-12-31	$A$0.35 B	-22.32%
2002-12-31	$A$0.45 B	-18.35%
2001-12-31	$A$0.55 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Philips PHG	A$20.43 B	1,621.52%	🇳🇱 Netherlands
PAVmed PAVM	-A$15.02 Million	-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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