Covalon Technologies Ltd. Strategic Asset Allocation Index
Covalon Technologies Ltd. strategic asset allocation index. Covalon Technologies Ltd. (COV) has a Strategic Asset Allocation Index of 8.4% as of June 2023. Strategic assets (PP&E of CA$1.77 Million plus long-term investments of CA$-) total CA$1.77 Million, measured against net assets of CA$21.11 Million. A higher index reflects capital-intensive or investment-heavy strategies where strategic assets dominate the equity base. Check Covalon Technologies Ltd. (COV) tangible net worth to evaluate the tangible quality of the company's equity base.
SAAI
Strategic Assets
PP&E
Net Assets
Strategic Asset Allocation Index of Covalon Technologies Ltd. (2014–2022)
Strategic asset allocation index of Covalon Technologies Ltd. from 2014 to 2022. This chart shows how Covalon Technologies Ltd.'s Strategic Asset Allocation Index has evolved across 9 annual periods from 2014 to 2022. As of June 2023, the index stands at 8.4%, representing strategic assets of CA$1.77 Million against net assets of CA$21.11 Million CAD.
Covalon Technologies Ltd. Strategic Asset Allocation Index by Year (2014–2022)
Covalon Technologies Ltd. strategic asset allocation index by year from 2014 to 2022. The table below presents the year-by-year Strategic Asset Allocation Index for Covalon Technologies Ltd. from 2014 to 2022, covering 9 annual filings. Each row shows PP&E, long-term investments, strategic assets combined, net assets, the index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see Covalon Technologies Ltd. stock valuation.
| Year | SAAI | Strategic Assets (CAD) | PP&E | LT Investments | Net Assets | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 7.7% | CA$1.87 Million | CA$1.87 Million | CA$- | CA$24.23 Million | ▲ +1.4 pp |
| 2021 | 6.3% | CA$2.11 Million | CA$2.11 Million | CA$- | CA$33.37 Million | ▼ -44.6 pp |
| 2020 | 51.0% | CA$4.64 Million | CA$4.64 Million | CA$- | CA$9.11 Million | ▲ +38.3 pp |
| 2019 | 12.7% | CA$1.89 Million | CA$1.89 Million | CA$- | CA$14.93 Million | ▲ +3.8 pp |
| 2018 | 8.8% | CA$1.16 Million | CA$1.16 Million | CA$- | CA$13.12 Million | ▲ +2.0 pp |
| 2017 | 6.9% | CA$615.75K | CA$615.75K | CA$- | CA$8.98 Million | ▼ -5.3 pp |
| 2016 | 12.1% | CA$461.63K | CA$454.03K | CA$7.61K | CA$3.81 Million | ▲ +2.3 pp |
| 2015 | 9.8% | CA$470.31K | CA$455.39K | CA$14.92K | CA$4.79 Million | ▲ +1.6 pp |
| 2014 | 8.3% | CA$457.45K | CA$457.45K | CA$- | CA$5.53 Million | — |