Nova Intangibles To Total Assets from 2010 to 2024

NVMI Stock  USD 176.10  3.66  2.04%   
Nova's Intangibles To Total Assets are increasing with stable movements from year to year. Intangibles To Total Assets are estimated to finish at 0.09 this year. Intangibles To Total Assets is the ratio of a company's intangible assets (like goodwill and patents) to its total assets. View All Fundamentals
 
Intangibles To Total Assets  
First Reported
2010-12-31
Previous Quarter
0.07872945
Current Value
0.0938
Quarterly Volatility
0.05525663
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nova financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nova's main balance sheet or income statement drivers, such as Depreciation And Amortization of 17 M, Interest Expense of 1.2 M or Total Revenue of 543.8 M, as well as many indicators such as Price To Sales Ratio of 8.03, Dividend Yield of 0.0 or PTB Ratio of 4.05. Nova financial statements analysis is a perfect complement when working with Nova Valuation or Volatility modules.
  
Check out the analysis of Nova Correlation against competitors.
For more detail on how to invest in Nova Stock please use our How to Invest in Nova guide.

Latest Nova's Intangibles To Total Assets Growth Pattern

Below is the plot of the Intangibles To Total Assets of Nova over the last few years. It is the ratio of a company's intangible assets (like goodwill and patents) to its total assets. Nova's Intangibles To Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nova's overall financial position and show how it may be relating to other accounts over time.
Intangibles To Total Assets10 Years Trend
Pretty Stable
   Intangibles To Total Assets   
       Timeline  

Nova Intangibles To Total Assets Regression Statistics

Arithmetic Mean0.07
Geometric Mean0.05
Coefficient Of Variation78.21
Mean Deviation0.04
Median0.07
Standard Deviation0.06
Sample Variance0
Range0.1743
R-Value0.26
Mean Square Error0
R-Squared0.07
Significance0.36
Slope0
Total Sum of Squares0.04

Nova Intangibles To Total Assets History

2024 0.0938
2023 0.0787
2022 0.0941
2021 0.0282
2020 0.0384
2019 0.0691
2018 0.0909

About Nova Financial Statements

Investors use fundamental indicators, such as Nova's Intangibles To Total Assets, to determine how well the company is positioned to perform in the future. Although Nova's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Intangibles To Total Assets 0.08  0.09 

Currently Active Assets on Macroaxis

When determining whether Nova offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nova's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nova Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nova Stock:
Check out the analysis of Nova Correlation against competitors.
For more detail on how to invest in Nova Stock please use our How to Invest in Nova guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nova. If investors know Nova will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nova listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.524
Earnings Share
5.34
Revenue Per Share
21.047
Quarterly Revenue Growth
0.389
Return On Assets
0.0857
The market value of Nova is measured differently than its book value, which is the value of Nova that is recorded on the company's balance sheet. Investors also form their own opinion of Nova's value that differs from its market value or its book value, called intrinsic value, which is Nova's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nova's market value can be influenced by many factors that don't directly affect Nova's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nova's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nova is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nova's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.