Novra Technologies Inc (NVI) - Net Assets

Latest as of September 2025: CA$-3.22 Million CAD ≈ $-2.33 Million USD

Based on the latest financial reports, Novra Technologies Inc (NVI) has net assets worth CA$-3.22 Million CAD (≈ $-2.33 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 (CA$6.14 Million ≈ $4.44 Million USD) and total liabilities (CA$9.35 Million ≈ $6.77 Million USD). 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. Check NVI cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$-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 247.62

Novra Technologies Inc - Net Assets Trend (2001–2024)

This chart illustrates how Novra Technologies Inc's net assets have evolved over time, based on quarterly financial data. Also explore Novra Technologies Inc (NVI) total assets for the complete picture of this company's asset base.

Annual Net Assets for Novra Technologies Inc (2001–2024)

The table below shows the annual net assets of Novra Technologies Inc from 2001 to 2024. For live valuation and market cap data, see Novra Technologies Inc (NVI) total market value.

Year Net Assets Change
2024-12-31 CA$-4.49 Million
≈ $-3.25 Million		 -71.76%
2023-12-31 CA$-2.62 Million
≈ $-1.89 Million		 +7.88%
2022-12-31 CA$-2.84 Million
≈ $-2.06 Million		 -29.91%
2021-12-31 CA$-2.19 Million
≈ $-1.58 Million		 +8.15%
2020-12-31 CA$-2.38 Million
≈ $-1.72 Million		 -2538.28%
2019-12-31 CA$-90.25K
≈ $-65.28K		 -105.94%
2018-12-31 CA$1.52 Million
≈ $1.10 Million		 -29.31%
2017-12-31 CA$2.15 Million
≈ $1.56 Million		 +166.76%
2016-12-31 CA$806.13K
≈ $583.14K		 +97.67%
2015-12-31 CA$407.81K
≈ $295.00K		 +779.30%
2014-12-31 CA$46.38K
≈ $33.55K		 -95.09%
2013-12-31 CA$944.04K
≈ $682.90K		 +502.04%
2012-12-31 CA$-234.81K
≈ $-169.86K		 -187.58%
2011-12-31 CA$268.10K
≈ $193.94K		 +149.58%
2010-12-31 CA$-540.78K
≈ $-391.19K		 -178.59%
2009-12-31 CA$-194.11K
≈ $-140.42K		 -128.22%
2008-12-31 CA$-85.06K
≈ $-61.53K		 +63.06%
2007-12-31 CA$-230.26K
≈ $-166.57K		 -140.18%
2006-12-31 CA$573.03K
≈ $414.52K		 +65.43%
2005-12-31 CA$346.39K
≈ $250.57K		 +724.81%
2004-12-31 CA$-55.44K
≈ $-40.10K		 -109.37%
2003-12-31 CA$591.96K
≈ $428.21K		 -71.81%
2002-12-31 CA$2.10 Million
≈ $1.52 Million		 -48.57%
2001-12-31 CA$4.08 Million
≈ $2.95 Million		 --

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 1029590600.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components CA$7.69 Million %
Total Equity CA$-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
Nordon Indústrias Metalúrgicas S/A
SA:NORD3
 $2.66 Million
Morarjee Textiles Limited
NSE:MORARJEE
 $2.67 Million
Li Bang International Corporation Inc. Ordinary Shares
NASDAQ:LBGJ
 $2.67 Million
AMMPOWER CORP.
F:601A
 $2.67 Million
TECH INVEST GROUP ZY-02
F:6N2
 $2.66 Million
EDENVILLE ENERGY PLC-01
F:UZH0
 $2.66 Million
Westar Resources Ltd
AU:WSR
 $2.66 Million
Sri Havisha Hospitality and Infrastructure Limited
NSE:HAVISHA
 $2.66 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 comprehensive income decreased equity by 13,900.
  • Other factors decreased equity by 184,304.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$-1.31 Million -30.17%
Other Comprehensive Income CA$-13.90K -0.32%
Other Changes CA$-184.30K -4.26%
Total Change CA$- %

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
2001-12-31 CA$0.20 CA$0.11 x
2002-12-31 CA$0.10 CA$0.11 x
2003-12-31 CA$0.03 CA$0.11 x
2004-12-31 CA$0.00 CA$0.11 x
2005-12-31 CA$0.02 CA$0.11 x
2006-12-31 CA$0.03 CA$0.11 x
2007-12-31 CA$-0.01 CA$0.11 x
2008-12-31 CA$0.00 CA$0.11 x
2009-12-31 CA$-0.01 CA$0.11 x
2010-12-31 CA$-0.02 CA$0.11 x
2011-12-31 CA$0.01 CA$0.11 x
2012-12-31 CA$-0.01 CA$0.11 x
2013-12-31 CA$0.04 CA$0.11 x
2014-12-31 CA$0.00 CA$0.11 x
2015-12-31 CA$0.02 CA$0.11 x
2016-12-31 CA$0.03 CA$0.11 x
2017-12-31 CA$0.07 CA$0.11 x
2018-12-31 CA$0.05 CA$0.11 x
2019-12-31 CA$0.00 CA$0.11 x
2020-12-31 CA$-0.05 CA$0.11 x
2021-12-31 CA$-0.05 CA$0.11 x
2022-12-31 CA$-0.08 CA$0.11 x
2023-12-31 CA$-0.08 CA$0.11 x
2024-12-31 CA$-0.13 CA$0.11 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 (-185.77%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 -33.28% 0.00% 0.00x 1.02x CA$-1.77 Million
2002 -94.44% -426.01% 0.21x 1.07x CA$-2.19 Million
2003 -254.75% -162.16% 0.67x 2.36x CA$-1.57 Million
2004 0.00% -52.25% 1.16x 0.00x CA$-891.85K
2005 116.00% 9.46% 1.57x 7.81x CA$367.19K
2006 39.55% 10.91% 0.86x 4.20x CA$169.34K
2007 0.00% -48.77% 0.94x 0.00x CA$-780.27K
2008 0.00% 7.94% 1.13x 0.00x CA$153.71K
2009 0.00% -4.59% 1.54x 0.00x CA$-89.65K
2010 0.00% -24.52% 1.16x 0.00x CA$-292.58K
2011 323.89% 22.38% 2.38x 6.07x CA$841.55K
2012 0.00% -43.21% 0.66x 0.00x CA$-479.43K
2013 124.87% 95.90% 0.47x 2.76x CA$1.08 Million
2014 -1935.49% -47.57% 0.87x 46.55x CA$-902.30K
2015 88.63% 13.32% 1.13x 5.91x CA$320.65K
2016 -98.70% -15.78% 0.62x 10.01x CA$-876.28K
2017 36.20% 8.17% 1.05x 4.21x CA$563.45K
2018 -22.11% -3.53% 0.98x 6.41x CA$-545.06K
2019 -2748.80% -19.79% 0.95x 146.13x CA$-1.94 Million
2020 0.00% -40.91% 0.49x 0.00x CA$-1.87 Million
2021 0.00% -4.10% 0.76x 0.00x CA$-122.71K
2022 0.00% -10.64% 0.86x 0.00x CA$-527.83K
2023 0.00% -1.34% 1.02x 0.00x CA$182.97K
2024 0.00% -32.89% 0.73x 0.00x CA$-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: $186,073,336
  • Average return on equity (ROE) among peers: -53.13%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Novra Technologies Inc (NVI) CA$-3.22 Million -33.28% N/A $2.66 Million
Bewhere Holdings Inc (BEW) $6.78 Million 15.47% 0.06x $51.67 Million
Baylin Technologies Inc (BYL) $48.86 Million -34.64% 1.73x $28.71 Million
C-Com Satellite Systems Inc. (CMI) $25.53 Million 6.55% 0.04x $28.43 Million
Enablence Technologies Inc (ENA) $-39.74 Million 0.00% 0.00x $57.16 Million
Evertz Technologies Limited (ET) $270.31 Million 37.26% 0.17x $882.95 Million
Ironman International Ltd. (IMI) $-169.76K 0.00% 0.00x $12.49 Million
Lite Access Technologies Inc (LTE) $598.15K -487.38% 5.03x $6.31 Million
Quarterhill Inc (QTRH) $269.50 Million -7.15% 0.33x $111.23 Million
Telesat Corp (TSAT) $1.09 Billion -8.32% 4.38x $701.13 Million

About Novra Technologies Inc

V:NVI Canada Communication Equipment
Market Cap
$2.66 Million
CA$3.68 Million CAD
Market Cap Rank
#29356 Global
#1450 in Canada
Share Price
CA$0.11
Change (1 day)
-31.25%
52-Week Range
CA$0.05 - CA$0.16
All Time High
CA$0.29
Categories
Companies in Canada Communication Equipment Technology AI & Machine Learning
About

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