Novanta Inc (1GSN) - Total Assets
Based on the latest financial reports, Novanta Inc (1GSN) holds total assets worth €1.51 Billion EUR (≈ $1.76 Billion USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore Novanta Inc cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Novanta Inc - Total Assets Trend (2015–2024)
This chart illustrates how Novanta Inc's total assets have evolved over time, based on quarterly financial data. See 1GSN book value for net asset value and shareholders' equity analysis.
Novanta Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Novanta Inc's total assets of €1.51 Billion consist of 31.2% current assets and 68.8% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 8.2% |
| Accounts Receivable | €151.03 Million | 10.9% |
| Inventory | €144.61 Million | 10.4% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €185.84 Million | 13.4% |
| Goodwill | €584.10 Million | 42.1% |
Asset Composition Trend (2015–2024)
This chart illustrates how Novanta Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market cap of Novanta Inc.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Novanta Inc's current assets represent 31.2% of total assets in 2024, a decrease from 44.5% in 2015.
- Cash Position: Cash and equivalents constituted 8.2% of total assets in 2024, down from 14.4% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 55.0% of total assets, an increase from 39.0% in 2015.
- Asset Diversification: The largest asset category is goodwill at 42.1% of total assets.
Novanta Inc Competitors by Total Assets
Key competitors of Novanta Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Henan Thinker Automation
SHG:603508
|
China | CN¥4.63 Billion |
|
Chengdu Qinchuan IoT Technology Co Ltd
SHG:688528
|
China | CN¥850.85 Million |
|
Codan Ltd
AU:CDA
|
Australia | AU$912.27 Million |
|
Catapult Group International Ltd
AU:CAT
|
Australia | AU$218.31 Million |
|
Ikegps Group Ltd
AU:IKE
|
Australia | AU$51.67 Million |
|
Optiscan Imaging Ltd
AU:OIL
|
Australia | AU$24.95 Million |
|
Dorsavi Ltd
AU:DVL
|
Australia | AU$3.97 Million |
|
Orexplore Technologies Ltd
AU:OXT
|
Australia | AU$10.11 Million |
Novanta Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.51 | 2.79 | 2.66 |
| Quick Ratio | 1.54 | 1.81 | 1.85 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €281.56 Million | €280.33 Million | €189.94 Million |
Novanta Inc - Advanced Valuation Insights
This section examines the relationship between Novanta Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 6.52 |
| Latest Market Cap to Assets Ratio | 3.17 |
| Asset Growth Rate (YoY) | 13.3% |
| Total Assets | €1.39 Billion |
| Market Capitalization | $4.40 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Novanta Inc's assets at a significant premium (3.17x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Novanta Inc's assets grew by 13.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Novanta Inc (2015–2024)
The table below shows the annual total assets of Novanta Inc from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €1.39 Billion ≈ $1.62 Billion |
+13.25% |
| 2023-12-31 | €1.23 Billion ≈ $1.43 Billion |
-1.22% |
| 2022-12-31 | €1.24 Billion ≈ $1.45 Billion |
+1.09% |
| 2021-12-31 | €1.23 Billion ≈ $1.44 Billion |
+41.92% |
| 2020-12-31 | €865.18 Million ≈ $1.01 Billion |
-0.52% |
| 2019-12-31 | €869.74 Million ≈ $1.02 Billion |
+20.87% |
| 2018-12-31 | €719.58 Million ≈ $841.26 Million |
-0.98% |
| 2017-12-31 | €726.70 Million ≈ $849.59 Million |
+70.73% |
| 2016-12-31 | €425.64 Million ≈ $497.61 Million |
+2.31% |
| 2015-12-31 | €416.05 Million ≈ $486.40 Million |
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About Novanta Inc
Novanta Inc., together with its subsidiaries, provides precision medicine, precision manufacturing, medical solutions, robotics and automation solutions, and advanced surgery solutions in the United States and internationally. It operates in two segments, Automation Enabling Technologies and Medical Solutions. The Precision Medicine and Manufacturing segment designs, manufactures, and markets las… Read more