Novanta Inc Asset Resilience Ratio
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. See NOVT defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Novanta Inc (1998–2017)
Asset resilience ratio of Novanta Inc from 1998 to 2017. This chart shows how Novanta Inc's Asset Resilience Ratio has changed over time. Read total liabilities of Novanta Inc for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see NOVT asset base.
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 Guide Infrared Co Ltd
SHE:002414 |
Scientific & Technical Instruments | 0.21% |
|
Hubei Jiuzhiyang Infrared System Co Ltd
SHE:300516 |
Scientific & Technical Instruments | 5.86% |
|
Chengdu RML Technology Co. Ltd.
SHE:301050 |
Scientific & Technical Instruments | 25.87% |
|
Oriental Times Media Corp
SHE:002175 |
Scientific & Technical Instruments | 2.21% |
|
Nanhua Instruments Co Ltd
SHE:300417 |
Scientific & Technical Instruments | 15.36% |
|
X2M Connect Ltd
AU:X2M |
Scientific & Technical Instruments | 39.95% |
|
Catapult Group International Ltd
AU:CAT |
Scientific & Technical Instruments | 6.17% |
|
Optiscan Imaging Ltd
AU:OIL |
Scientific & Technical Instruments | 70.98% |
Novanta Inc Asset Resilience Ratio by Year (1998–2017)
Novanta Inc asset resilience ratio by year from 1998 to 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