Novus Acquisition and Development Corp

PINK:NDEV USA Insurance - Diversified
Market Cap
$5.78 Million
Market Cap Rank
#49090 Global
#15052 in USA
Share Price
$0.05
Change (1 day)
+2.01%
52-Week Range
$0.04 - $0.05
All Time High
$1.33
About

Novus Acquisition & Development Corp., through its subsidiary, WCIG Insurance Service, Inc., operates as an insurance company in California. It offers health policies in CBD concentrate cannabis space; benefit plans, such as dental, vision, hearing, and telemedicine; and THC health plans. The company was formerly known as BrandQuest Development Group, Inc. and changed its name to Novus Acquisitio… Read more

Novus Acquisition and Development Corp - Asset Resilience Ratio

Latest as of September 2023: 0.00%

Novus Acquisition and Development Corp (NDEV) has an Asset Resilience Ratio of 0.00% as of September 2023. 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
$0.00
Cash + Short-term Investments
Total Assets
$1.77 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (None–None)

This chart shows how Novus Acquisition and Development Corp's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Novus Acquisition and Development Corp'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: Novus Acquisition and Development Corp 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.

Novus Acquisition and Development Corp Industry Peers by Asset Resilience Ratio

Compare Novus Acquisition and Development Corp's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Union Insurance Co Ltd
TW:2816
Insurance - Diversified 9.42%
SEOUL GUARANTEE INSURANCE
KO:031210
Insurance - Diversified 66.46%
Allianz Malaysia Bhd
KLSE:1163PA
Insurance - Diversified 50.99%
MAA Group Bhd
KLSE:1198
Insurance - Diversified 12.94%
A Plus Asset Advisor Co Ltd
KO:244920
Insurance - Diversified 21.82%
Alm. Brand A/S
PINK:ABDBY
Insurance - Diversified 0.24%
Arch Capital Group Ltd
NASDAQ:ACGL
Insurance - Diversified 15.73%
Agesa Hayat ve Emeklilik AS
IS:AGESA
Insurance - Diversified 2.38%

Annual Asset Resilience Ratio for Novus Acquisition and Development Corp (None–None)

The table below shows the annual Asset Resilience Ratio data for Novus Acquisition and Development Corp.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
No yearly data available.
pp = percentage points