Novo Integrated Sciences Inc (NVOS) — Net Asset Quality Index
Novo Integrated Sciences Inc (NVOS) has a Net Asset Quality Index of 45.5% as of November 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $32.14 Million minus total liabilities of $17.53 Million yields net assets of $14.61 Million. A higher index indicates a stronger, lower-leverage balance sheet. See defensive interval ratio of Novo Integrated Sciences Inc to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Novo Integrated Sciences Inc Net Asset Quality Index Over Time (2004–2024)
This chart shows how Novo Integrated Sciences Inc's Net Asset Quality Index has evolved across 22 annual periods from 2004 to 2024. As of November 2024, the index stands at 45.5%, representing net assets of $14.61 Million against total assets of $32.14 Million USD. Explore Novo Integrated Sciences Inc operating cash flow efficiency to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Novo Integrated Sciences Inc (2004–2024)
The table below presents the year-by-year Net Asset Quality Index for Novo Integrated Sciences Inc from 2004 to 2024, covering 22 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Novo Integrated Sciences Inc market capitalisation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 45.5% | $14.61 Million | $32.14 Million | $17.53 Million | ▼ -23.4 pp |
| 2023 | 68.9% | $24.50 Million | $35.56 Million | $11.06 Million | ▲ +7.0 pp |
| 2022 | 61.9% | $44.43 Million | $71.79 Million | $27.36 Million | ▼ -8.8 pp |
| 2021 | 70.7% | $43.80 Million | $61.96 Million | $18.15 Million | ▼ -12.9 pp |
| 2020 | 83.6% | $29.57 Million | $35.39 Million | $5.82 Million | ▲ +4.4 pp |
| 2019 | 79.1% | $25.54 Million | $32.27 Million | $6.73 Million | ▲ +75.5 pp |
| 2018 | 3.6% | $172.77K | $4.74 Million | $4.57 Million | ▲ +81.4 pp |
| 2017 | -77.8% | $-4.29 Million | $5.51 Million | $9.80 Million | ▲ +167.0 pp |
| 2016 | -244.7% | $-7.08 Million | $2.89 Million | $9.97 Million | ▼ -297.7 pp |
| 2016 | 52.9% | $14.75K | $27.87K | $13.12K | ▲ +2822.4 pp |
| 2015 | -2769.4% | $-625.67K | $22.59K | $648.26K | ▼ -2504.5 pp |
| 2014 | -265.0% | $-947.87K | $357.72K | $1.31 Million | ▲ +2043.8 pp |
| 2013 | -2308.8% | $-797.36K | $34.54K | $831.89K | ▲ +6710.7 pp |
| 2012 | -9019.5% | $-2.33 Million | $25.81K | $2.35 Million | ▼ -8893.8 pp |
| 2011 | -125.7% | $-1.49 Million | $1.19 Million | $2.68 Million | ▲ +262.6 pp |
| 2010 | -388.3% | $-1.19 Million | $306.79K | $1.50 Million | ▲ +6749.5 pp |
| 2009 | -7137.8% | $-1.44 Million | $20.16K | $1.46 Million | ▼ -6116.4 pp |
| 2008 | -1021.4% | $-844.10K | $82.64K | $926.74K | ▲ +43.0 pp |
| 2007 | -1064.4% | $-296.61K | $27.87K | $324.47K | ▲ +16620.0 pp |
| 2006 | -17684.4% | $-409.22K | $2.31K | $411.53K | ▼ -17414.4 pp |
| 2005 | -270.1% | $-305.08K | $112.96K | $418.04K | ▲ +0.0 pp |
| 2004 | -270.1% | $-305.08K | $112.96K | $418.04K | — |