Novanta (NOVT) - Net assets

Net assets on the balance sheet as of September 2024 : C$1.03 Billion

According to Novanta's latest financial reports the company has C$1.03 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	$C$0.89 B	13.97%
2022-12-31	$C$0.78 B	17.97%
2021-12-31	$C$0.66 B	9.28%
2020-12-31	$C$0.60 B	11.58%
2019-12-31	$C$0.54 B	8.61%
2018-12-31	$C$0.50 B	28.07%
2017-12-31	$C$0.39 B	12.59%
2016-12-31	$C$0.34 B	2.48%
2015-12-31	$C$0.33 B	38.46%
2014-12-31	$C$0.24 B	-4.99%
2013-12-31	$C$0.25 B	13.71%
2012-12-31	$C$0.22 B	6.56%
2011-12-31	$C$0.21 B	19.23%
2010-12-31	$C$0.17 B	101.33%
2009-12-31	$C$88.71 M	-52.28%
2008-12-31	$C$0.18 B	-46.09%
2007-12-31	$C$0.34 B	-13.67%
2006-12-31	$C$0.39 B	11.92%
2005-12-31	$C$0.35 B	-2.75%
2004-12-31	$C$0.36 B	8.49%
2003-12-31	$C$0.33 B	-15.83%
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$17.85 B	1,621.52%	🇳🇱 Netherlands
PAVmed PAVM	-C$26.05 Million	-102.51%	🇺🇸 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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