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. Check strategic asset allocation of Novanta Inc to assess the company's strategic physical and investment asset allocation.
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. See net asset quality index of Novanta Inc to measure how much of total assets are equity-financed.
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. For market capitalisation and broader financial context, see how much is Novanta Inc worth.
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 |
|---|---|---|
|
Wuhan Jingce Electronic Technology Co Ltd
SHE:300567 |
Scientific & Technical Instruments | 0.68% |
|
Chengdu RML Technology Co. Ltd.
SHE:301050 |
Scientific & Technical Instruments | 22.52% |
|
SMS Electric Co Ltd Zhengzhou
SHE:002857 |
Scientific & Technical Instruments | 22.98% |
|
Catapult Group International Ltd
AU:CAT |
Scientific & Technical Instruments | 6.17% |
|
Ikegps Group Ltd
AU:IKE |
Scientific & Technical Instruments | 22.52% |
|
Optiscan Imaging Ltd
AU:OIL |
Scientific & Technical Instruments | 70.98% |
|
Structural Monitoring Systems Plc
AU:SMN |
Scientific & Technical Instruments | 0.00% |
|
Dorsavi Ltd
AU:DVL |
Scientific & Technical Instruments | 57.75% |
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 | -- |
About 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. The company operates Automation Enabling Technologies and Medical Solutions segments. The Precision Medicine and Manufacturing segment designs, manufactures, and markets la… Read more