Novanta (NOVT) - Net assets

Net assets on the balance sheet as of June 2024 : C$0.95 B

According to Novanta's latest financial reports the company has C$0.95 B 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	$C$0.89 B	13.97%
2022-12-31	$C$0.78 B	18.8%
2021-12-31	$C$0.65 B	8.5%
2020-12-31	$C$0.60 B	12.43%
2019-12-31	$C$0.54 B	7.65%
2018-12-31	$C$0.50 B	28.25%
2017-12-31	$C$0.39 B	12.59%
2016-12-31	$C$0.34 B	2.37%
2015-12-31	$C$0.33 B	38.69%
2014-12-31	$C$0.24 B	-4.99%
2013-12-31	$C$0.25 B	13.38%
2012-12-31	$C$0.22 B	6.8%
2011-12-31	$C$0.21 B	19.07%
2010-12-31	$C$0.17 B	101.36%
2009-12-31	$C$88.82 M	-52.46%
2008-12-31	$C$0.18 B	-44.88%
2007-12-31	$C$0.33 B	-15.15%
2006-12-31	$C$0.39 B	11.92%
2005-12-31	$C$0.35 B	7.05%
2004-12-31	$C$0.33 B	-2.47%
2003-12-31	$C$0.34 B	-14.95%
2002-12-31	$C$0.40 B	-10.64%
2001-12-31	$C$0.44 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Philips PHG	C$17.33 B	1,720.11%	🇳🇱 Netherlands
PAVmed PAVM	-C$25.29 M	-102.66%	🇺🇸 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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