Novra Technologies Inc Tangible Net Worth Ratio
Novra Technologies Inc tangible net worth ratio. Novra Technologies Inc (NVI) has a Tangible Net Worth Ratio of -169.3% as of September 2019. This metric is calculated by deducting intangible assets (CA$1.97 Million) from net assets (CA$731.60K) 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 Novra Technologies Inc 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
Tangible Net Worth Ratio of Novra Technologies Inc (2001–2018)
Tangible net worth ratio of Novra Technologies Inc from 2001 to 2018. This chart shows how Novra Technologies Inc's Tangible Net Worth Ratio has changed across 12 annual periods from 2001 to 2018. As of September 2019, the ratio stands at -169.3%, reflecting net assets of CA$731.60K with intangible assets of CA$1.97 Million CAD. Check NVI capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Novra Technologies Inc Tangible Net Worth Ratio by Year (2001–2018)
Novra Technologies Inc tangible net worth ratio by year from 2001 to 2018. The table below presents the year-by-year Tangible Net Worth Ratio for Novra Technologies Inc from 2001 to 2018, covering 12 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. For live market cap and overall valuation, see NVI market cap overview.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2018 | -73.8% | CA$1.52 Million | CA$2.64 Million | CA$10.87 Million | ▼ -19.0 pp |
| 2017 | -54.8% | CA$2.15 Million | CA$3.33 Million | CA$9.06 Million | ▼ -59.2 pp |
| 2016 | 4.4% | CA$806.13K | CA$770.32K | CA$8.07 Million | ▼ -95.6 pp |
| 2015 | 100.0% | CA$407.81K | CA$0.00 | CA$2.41 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$46.38K | CA$0.00 | CA$2.16 Million | ▲ +0.0 pp |
| 2013 | 100.0% | CA$944.04K | CA$0.00 | CA$2.61 Million | ▲ +0.0 pp |
| 2011 | 100.0% | CA$268.10K | CA$0.00 | CA$1.63 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$573.03K | CA$0.00 | CA$2.41 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$346.39K | CA$0.00 | CA$2.70 Million | ▲ +0.0 pp |
| 2003 | 100.0% | CA$591.96K | CA$0.00 | CA$1.40 Million | ▲ +0.0 pp |
| 2002 | 100.0% | CA$2.10 Million | CA$0.00 | CA$2.25 Million | ▲ +13.4 pp |
| 2001 | 86.6% | CA$4.08 Million | CA$546.07K | CA$4.18 Million | — |