Novo Net Tangible Assets from 2010 to 2026

NVOS Stock  USD 0  0  520.00%   
Novo Integrated Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets are likely to outpace its year average in 2026. Net Tangible Assets is the total assets of Novo Integrated Sciences minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2017-02-28
Previous Quarter
-4.4 M
Current Value
2.5 M
Quarterly Volatility
3.1 M
 
Covid
 
Interest Hikes
Check Novo Integrated financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novo Integrated's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.1 M, Interest Expense of 558.2 K or Selling General Administrative of 17 M, as well as many indicators such as Price To Sales Ratio of 0.11, Dividend Yield of 0.0 or PTB Ratio of 16.85. Novo financial statements analysis is a perfect complement when working with Novo Integrated Valuation or Volatility modules.
  
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The evolution of Net Tangible Assets for Novo Integrated Sciences provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how Novo Integrated compares to historical norms and industry peers.

Latest Novo Integrated's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Novo Integrated Sciences over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Novo Integrated's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Novo Integrated's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Novo Net Tangible Assets Regression Statistics

Arithmetic Mean(1,488,329)
Geometric Mean3,336,622
Coefficient Of Variation(309.67)
Mean Deviation4,318,243
Median2,346,069
Standard Deviation4,608,960
Sample Variance21.2T
Range9.9M
R-Value0.90
Mean Square Error4.4T
R-Squared0.80
Slope818,818
Total Sum of Squares339.9T

Novo Net Tangible Assets History

20262.8 M
20252.7 M
20202.3 M
20192.4 M
20182.6 M
2017-402.7 K
2016-4.7 M

About Novo Integrated Financial Statements

Novo Integrated shareholders use historical fundamental indicators, such as Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Novo Integrated investors may analyze each financial statement separately, they are all interrelated. The changes in Novo Integrated's assets and liabilities, for example, are also reflected in the revenues and expenses on on Novo Integrated's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Tangible Assets2.7 M2.8 M

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Additional Tools for Novo Stock Analysis

When running Novo Integrated's price analysis, check to measure Novo Integrated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Novo Integrated is operating at the current time. Most of Novo Integrated's value examination focuses on studying past and present price action to predict the probability of Novo Integrated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novo Integrated's price. Additionally, you may evaluate how the addition of Novo Integrated to your portfolios can decrease your overall portfolio volatility.