NVE Corporation (NVEC) - Total Assets
Based on the latest financial reports, NVE Corporation (NVEC) holds total assets worth $60.87 Million USD as of March 2026. 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 NVEC debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
NVE Corporation - Total Assets Trend (1996–2026)
This chart illustrates how NVE Corporation's total assets have evolved over time, based on quarterly financial data. See NVE Corporation book value and equity for net asset value and shareholders' equity analysis.
NVE Corporation - Asset Composition Analysis
Current Asset Composition (March 2026)
NVE Corporation's total assets of $60.87 Million consist of 52.9% current assets and 47.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.8% |
| Accounts Receivable | $3.86 Million | 6.4% |
| Inventory | $7.08 Million | 11.6% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1996–2026)
This chart illustrates how NVE Corporation'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 NVE Corporation (NVEC) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: NVE Corporation's current assets represent 52.9% of total assets in 2026, a decrease from 88.3% in 1996.
- Cash Position: Cash and equivalents constituted 2.8% of total assets in 2026, down from 23.6% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1996.
- Asset Diversification: The largest asset category is inventory at 11.6% of total assets.
NVE Corporation Competitors by Total Assets
Key competitors of NVE Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Broadcom Inc
NASDAQ:AVGO
|
USA | $169.90 Billion |
|
SK Square Co Ltd
KO:402340
|
Korea | ₩27.25 Trillion |
|
United Microelectronics
NYSE:UMC
|
USA | $599.93 Billion |
|
Sanan Optoelectronics Co Ltd
SHG:600703
|
China | CN¥57.72 Billion |
|
Puya Semiconductor Shanghai Co Ltd
SHG:688766
|
China | CN¥4.26 Billion |
|
Sh Belling
SHG:600171
|
China | CN¥5.26 Billion |
|
Suzhou Good-Ark Electronics Co Ltd
SHE:002079
|
China | CN¥3.92 Billion |
|
Suzhou Oriental Semiconductor Co. Ltd. A
SHG:688261
|
China | CN¥3.09 Billion |
NVE Corporation - 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 | 28.21 | 28.40 | 16.82 |
| Quick Ratio | 22.00 | 22.03 | 14.98 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $31.05 Million | $32.03 Million | $31.58 Million |
NVE Corporation - Advanced Valuation Insights
This section examines the relationship between NVE Corporation'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 | 8.48 |
| Latest Market Cap to Assets Ratio | 8.49 |
| Asset Growth Rate (YoY) | -5.3% |
| Total Assets | $60.87 Million |
| Market Capitalization | $516.95 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values NVE Corporation's assets at a significant premium (8.49x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: NVE Corporation's assets decreased by 5.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for NVE Corporation (1996–2026)
The table below shows the annual total assets of NVE Corporation from 1996 to 2026.
| Year | Total Assets | Change |
|---|---|---|
| 2026-03-31 | $60.87 Million | -5.31% |
| 2025-03-31 | $64.28 Million | -3.75% |
| 2024-03-31 | $66.78 Million | -3.57% |
| 2023-03-31 | $69.26 Million | +2.65% |
| 2022-03-31 | $67.47 Million | -6.94% |
| 2021-03-31 | $72.50 Million | -8.80% |
| 2020-03-31 | $79.50 Million | -4.92% |
| 2019-03-31 | $83.62 Million | -4.36% |
| 2018-03-31 | $87.43 Million | -6.76% |
| 2017-03-31 | $93.77 Million | -7.02% |
| 2016-03-31 | $100.85 Million | -8.39% |
| 2015-03-31 | $110.09 Million | +4.61% |
| 2014-03-31 | $105.24 Million | +9.90% |
| 2013-03-31 | $95.77 Million | +15.20% |
| 2012-03-31 | $83.13 Million | +15.72% |
| 2011-03-31 | $71.84 Million | +25.01% |
| 2010-03-31 | $57.46 Million | +35.00% |
| 2009-03-31 | $42.57 Million | +29.90% |
| 2008-03-31 | $32.77 Million | +31.02% |
| 2007-03-31 | $25.01 Million | +40.83% |
| 2006-03-31 | $17.76 Million | +25.15% |
| 2005-03-31 | $14.19 Million | +14.25% |
| 2004-03-31 | $12.42 Million | +28.28% |
| 2003-03-31 | $9.68 Million | +169.28% |
| 2002-03-31 | $3.60 Million | -22.99% |
| 2001-03-31 | $4.67 Million | +323.10% |
| 2000-03-31 | $1.10 Million | -64.40% |
| 1999-03-31 | $3.10 Million | -28.64% |
| 1998-03-31 | $4.34 Million | -46.15% |
| 1997-03-31 | $8.07 Million | +184.74% |
| 1996-03-31 | $2.83 Million | -- |
About NVE Corporation
NVE Corporation develops and sells devices that use spintronics, a nanotechnology relying on electron spin to acquire, store, and transmit information in the United States. The company manufactures spintronic products, including sensors and couplers for use in sensing and transmitting data. Its products comprise standard sensors to detect the presence of a magnetic or metallic material to determi… Read more