Novanta Inc
Novanta Inc., together with its subsidiaries, provides precision medicine, precision manufacturing, medical solutions, robotics and automation solutions, and advanced surgery solutions in the United States and internationally. It operates in two segments, Automation Enabling Technologies and Medical Solutions. The Precision Medicine and Manufacturing segment designs, manufactures, and markets las… Read more
Novanta Inc - Asset Resilience Ratio
Novanta Inc (NOVT) has an Asset Resilience Ratio of 0.00% as of September 2018. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1998–2017)
This chart shows how Novanta Inc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Novanta Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $0.00 | 0% |
| Total Liquid Assets | $0.00 | 0.00% |
Asset Resilience Insights
- Limited Liquidity: Novanta Inc maintains only 0.00% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company maintains a balanced mix of cash and short-term investments.
Novanta Inc Industry Peers by Asset Resilience Ratio
Compare Novanta Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Beijing BDStar Navigation Co Ltd
SHE:002151 |
Scientific & Technical Instruments | 16.68% |
|
Oriental Times Media Corp
SHE:002175 |
Scientific & Technical Instruments | 2.21% |
|
Changchun UP Optotech Co Ltd
SHE:002338 |
Scientific & Technical Instruments | 0.56% |
|
Nanjing Sciyon Automation Group Co Ltd
SHE:002380 |
Scientific & Technical Instruments | 19.21% |
|
Jiangsu Changfa Refrigeration Co Ltd
SHE:002413 |
Scientific & Technical Instruments | 2.67% |
|
Wuhan Guide Infrared Co Ltd
SHE:002414 |
Scientific & Technical Instruments | 0.21% |
|
Shenzhen Jieshun Science and Technology Industry Co Ltd
SHE:002609 |
Scientific & Technical Instruments | 0.03% |
|
Beijing SDL Technology Co Ltd
SHE:002658 |
Scientific & Technical Instruments | 25.78% |
Annual Asset Resilience Ratio for Novanta Inc (1998–2017)
The table below shows the annual Asset Resilience Ratio data for Novanta Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2017-12-31 | 0.00% | $0.00 | $726.70 Million | -- |
| 2016-12-31 | 0.00% | $0.00 | $425.64 Million | -- |
| 2015-12-31 | 0.00% | $0.00 | $416.05 Million | -- |
| 2014-12-31 | 0.00% | $0.00 | $397.62 Million | -- |
| 2013-12-31 | 0.00% | $0.00 | $378.81 Million | -- |
| 2012-12-31 | 0.00% | $0.00 | $337.46 Million | -- |
| 2011-12-31 | 0.00% | $0.00 | $348.50 Million | -- |
| 2007-12-31 | -0.01% | $-46.00K | $440.21 Million | -7.18pp |
| 2005-12-31 | 7.16% | $26.76 Million | $373.44 Million | +6.39pp |
| 2004-12-31 | 0.78% | $3.00 Million | $386.16 Million | -12.04pp |
| 2003-12-31 | 12.82% | $39.56 Million | $308.60 Million | +3.06pp |
| 2002-12-31 | 9.76% | $29.00 Million | $297.09 Million | -3.17pp |
| 2001-12-31 | 12.93% | $43.54 Million | $336.69 Million | +8.29pp |
| 2000-12-31 | 4.64% | $20.02 Million | $431.18 Million | +2.12pp |
| 1999-12-31 | 2.52% | $7.30 Million | $289.70 Million | +1.93pp |
| 1998-12-31 | 0.59% | $900.00K | $152.50 Million | -- |