Novus Holdings Ltd (NVS) — Tangible Net Worth Ratio
Novus Holdings Ltd (NVS) has a Tangible Net Worth Ratio of 93.0% as of March 2026. This metric is calculated by deducting intangible assets (ZAC179.83 Million) from net assets (ZAC2.56 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Novus Holdings Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Novus Holdings Ltd Tangible Net Worth Ratio (2013–2026)
This chart shows how Novus Holdings Ltd's Tangible Net Worth Ratio has changed across 14 annual periods from 2013 to 2026. As of March 2026, the ratio stands at 93.0%, reflecting net assets of ZAC2.56 Billion with intangible assets of ZAC179.83 Million ZAC. For live market cap and overall valuation, see NVS company net worth.
Annual Tangible Net Worth Ratio for Novus Holdings Ltd (2013–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Novus Holdings Ltd from 2013 to 2026, covering 14 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore Novus Holdings Ltd (NVS) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (ZAC) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 93.0% | ZAC2.56 Billion | ZAC179.83 Million | ZAC3.92 Billion | ▲ +3.7 pp |
| 2025 | 89.3% | ZAC2.43 Billion | ZAC260.00 Million | ZAC4.00 Billion | ▲ +3.0 pp |
| 2024 | 86.2% | ZAC2.25 Billion | ZAC308.85 Million | ZAC3.30 Billion | ▲ +6.0 pp |
| 2023 | 80.2% | ZAC2.22 Billion | ZAC438.52 Million | ZAC3.40 Billion | ▼ -19.6 pp |
| 2022 | 99.9% | ZAC2.10 Billion | ZAC2.79 Million | ZAC2.60 Billion | ▲ +0.5 pp |
| 2021 | 99.4% | ZAC2.21 Billion | ZAC13.71 Million | ZAC2.74 Billion | ▲ +0.1 pp |
| 2020 | 99.3% | ZAC2.28 Billion | ZAC15.98 Million | ZAC2.94 Billion | ▲ +0.3 pp |
| 2019 | 99.0% | ZAC2.67 Billion | ZAC26.39 Million | ZAC3.72 Billion | ▲ +0.1 pp |
| 2018 | 98.9% | ZAC2.79 Billion | ZAC30.79 Million | ZAC3.77 Billion | ▲ +0.4 pp |
| 2017 | 98.5% | ZAC2.88 Billion | ZAC42.25 Million | ZAC3.60 Billion | ▼ -0.1 pp |
| 2016 | 98.7% | ZAC2.82 Billion | ZAC38.03 Million | ZAC3.70 Billion | ▼ -0.3 pp |
| 2015 | 98.9% | ZAC2.57 Billion | ZAC27.25 Million | ZAC3.52 Billion | ▼ -0.4 pp |
| 2014 | 99.3% | ZAC2.21 Billion | ZAC14.92 Million | ZAC3.16 Billion | ▲ +0.0 pp |
| 2013 | 99.3% | ZAC1.79 Billion | ZAC12.76 Million | ZAC3.07 Billion | — |