Novra Technologies Inc
Novra Technologies Inc., together with its subsidiaries, provides technology for distribution of broadband data via satellite and IP networks with a specialization in broadcast media in Canada, North America, Central America, South America, Europe, the Middle East, Africa, East Asia, South Asia, Southeast Asia, and Oceania. The company offers video distribution products and systems for the provis… Read more
Novra Technologies Inc (NVRVF) - Net Assets
Latest net assets as of September 2025: $-3.22 Million USD
Based on the latest financial reports, Novra Technologies Inc (NVRVF) has net assets worth $-3.22 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.14 Million) and total liabilities ($9.35 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-3.22 Million |
| % of Total Assets | -52.42% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -1202.22% |
| Growth Volatility | 304.28 |
Novra Technologies Inc - Net Assets Trend (2013–2024)
This chart illustrates how Novra Technologies Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Novra Technologies Inc (2013–2024)
The table below shows the annual net assets of Novra Technologies Inc from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-4.49 Million | -71.76% |
| 2023-12-31 | $-2.62 Million | +7.88% |
| 2022-12-31 | $-2.84 Million | -29.91% |
| 2021-12-31 | $-2.19 Million | +8.15% |
| 2020-12-31 | $-2.38 Million | -2538.28% |
| 2019-12-31 | $-90.25K | -105.94% |
| 2018-12-31 | $1.52 Million | -29.31% |
| 2017-12-31 | $2.15 Million | +166.76% |
| 2016-12-31 | $806.13K | +97.67% |
| 2015-12-31 | $407.81K | +779.30% |
| 2014-12-31 | $46.38K | -95.09% |
| 2013-12-31 | $944.04K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Novra Technologies Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 690685900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $7.69 Million | % |
| Total Equity | $-4.33 Million | 100.00% |
Novra Technologies Inc Competitors by Market Cap
The table below lists competitors of Novra Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hawkmoon Resources Corp
PINK:HWKRF
|
$1.37 Million |
|
CDA S.A. ZY -10
F:6LC
|
$1.37 Million |
|
CUMULUS MEDIA INC ADL-01
F:1NM
|
$1.37 Million |
|
Global Lights Acquisition Corp Rights
NASDAQ:GLACR
|
$1.37 Million |
|
Atacama Resources International Inc
PINK:ACRL
|
$1.37 Million |
|
USA Equities Corp
OTCQB:USAQ
|
$1.37 Million |
|
Odyssey Resources Limited
V:ODX-H
|
$1.37 Million |
|
OPS Retail S.p.A.
F:DMM
|
$1.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Novra Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -2,825,824 to -4,330,529, a change of -1,504,705.
- Net loss of 1,306,501 reduced equity.
- Other factors decreased equity by 198,204.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.31 Million | -30.17% |
| Other Changes | $-198.20K | -4.58% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Novra Technologies Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $0.06 | x |
| 2016-12-31 | $0.00 | $0.06 | x |
| 2017-12-31 | $0.06 | $0.06 | x |
| 2018-12-31 | $0.05 | $0.06 | x |
| 2019-12-31 | $0.00 | $0.06 | x |
| 2020-12-31 | $-0.05 | $0.06 | x |
| 2021-12-31 | $-0.05 | $0.06 | x |
| 2022-12-31 | $-0.08 | $0.06 | x |
| 2023-12-31 | $-0.08 | $0.06 | x |
| 2024-12-31 | $-0.13 | $0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Novra Technologies Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -32.89%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-354.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 124.87% | 95.90% | 0.47x | 2.76x | $1.08 Million |
| 2014 | -1935.49% | -47.57% | 0.87x | 46.55x | $-902.30K |
| 2015 | 88.63% | 13.32% | 1.14x | 5.84x | $320.65K |
| 2016 | -98.70% | -15.78% | 0.62x | 10.01x | $-876.28K |
| 2017 | 36.20% | 8.17% | 1.05x | 4.21x | $563.45K |
| 2018 | -22.11% | -3.53% | 0.98x | 6.41x | $-545.06K |
| 2019 | -2447.18% | -17.62% | 0.95x | 146.13x | $-1.73 Million |
| 2020 | 0.00% | -36.69% | 0.49x | 0.00x | $-1.66 Million |
| 2021 | 0.00% | -1.65% | 0.76x | 0.00x | $53.91K |
| 2022 | 0.00% | -11.93% | 0.86x | 0.00x | $-625.78K |
| 2023 | 0.00% | -1.34% | 1.02x | 0.00x | $182.97K |
| 2024 | 0.00% | -32.89% | 0.73x | 0.00x | $-873.45K |
Industry Comparison
This section compares Novra Technologies Inc's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,490,345,014
- Average return on equity (ROE) among peers: -191.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Novra Technologies Inc (NVRVF) | $-3.22 Million | 124.87% | N/A | $1.37 Million |
| AAC Technologies Holdings Inc (AACAY) | $14.21 Billion | 28.32% | 0.71x | $4.55 Billion |
| Applied Opt (AAOI) | $115.01 Million | 3.72% | 0.60x | $2.97 Billion |
| Ability Inc (ABILF) | $5.00 Million | -5.60% | 13.35x | $544.32 |
| ADTRAN Inc (ADTN) | $378.43 Million | 20.17% | 0.27x | $785.61 Million |
| ADVA Optical Networking SE (ADVOF) | $176.06 Million | -16.73% | 0.17x | $243.68 Million |
| Airgain Inc (AIRG) | $46.22 Million | 2.47% | 0.22x | $44.70 Million |
| Aerkomm Inc (AKOM) | $24.19 Million | -98.53% | 2.63x | $805.19K |
| Akoustis Technologies, Inc. (AKTSQ) | $-57.09 Million | 0.00% | 0.00x | $135.67K |
| Amplitech Group Inc (AMPG) | $440.28K | -233.03% | 5.39x | $50.17 Million |
| Actelis Networks Inc. (ASNS) | $388.00K | -1620.10% | 27.93x | $465.34K |