NRBT (Novus Robotics) Total Assets: $2.04 Mil (As of Mar. 2019)


NRBT Novus Robotics Inc NRBT
12 GF Score
Price $0.03
View Full Analysis

What is Novus Robotics Total Assets?

Novus Robotics NRBT +24.89% 12 Total Assets is $2.04 Mil as of Mar. 2019. GuruFocus rates NRBT with a GF Score™ of 12/100.

Novus Robotics's Total Assets for the quarter that ended in Mar. 2019 was $2.04 Mil.

Total Assets is connected with ROA %. Novus Robotics's annualized ROA % for the quarter that ended in Mar. 2019 was 8.55%. Total Assets is also linked to Revenue through Asset Turnover. Novus Robotics's Asset Turnover for the quarter that ended in Mar. 2019 was 0.39.

Novus Robotics  (OTCPK:NRBT) Total Assets Explanation

Total Assets is connected with ROA %.

Novus Robotics's annualized ROA % for the quarter that ended in Mar. 2019 is

ROA %=Net Income (Q: Mar. 2019 )/( (Total Assets (Q: Dec. 2018 )+Total Assets (Q: Mar. 2019 ))/ count )
=0.192/( (2.451+2.038)/ 2 )
=0.192/2.2445
=8.55 %

Note: The Net Income data used here is four times the quarterly (Mar. 2019) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Novus Robotics's Asset Turnover for the quarter that ended in Mar. 2019 is

Asset Turnover
=Revenue (Q: Mar. 2019 )/( (Total Assets (Q: Dec. 2018 )+Total Assets (Q: Mar. 2019 ))/ count )
=0.879/( (2.451+2.038)/ 2 )
=0.879/2.2445
=0.39

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Novus Robotics Total Assets Related Terms

Novus Robotics Total Assets Historical Data

* Premium members only.

The historical data trend for Novus Robotics's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Novus Robotics Total Assets Chart

Novus Robotics Annual Data
Trend May09 May10 May11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 1.19 2.51 2.98 2.45

Novus Robotics Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.87 2.42 2.74 2.45 2.04
NRBT
12GF Score
Novus Robotics Inc NRBT
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Novus Robotics Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Novus Robotics's Total Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Assets=Total Equity (A: Dec. 2018 )+Total Liabilities (A: Dec. 2018 )
=1.345+1.106
=2.45

Novus Robotics's Total Assets for the quarter that ended in Mar. 2019 is calculated as

Total Assets=Total Equity (Q: Mar. 2019 )+Total Liabilities (Q: Mar. 2019 )
=1.439+0.599
=2.04

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $2.04 Mil mean?
Novus Robotics (NRBT) has a Total Assets of $2.04 Mil as of Mar. 2019. The total amount of assets as recorded on a company's balance sheet. View historical data on Novus Robotics and its competitors.
Is Novus Robotics' Total Assets too high?
Novus Robotics' current Total Assets is $2.04 Mil. Overall, Novus Robotics has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Novus Robotics' Total Assets compare to SEII?
Novus Robotics' Total Assets of $2.04 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Industrial Products company?
A good Total Assets depends on the Industrial Products industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Novus Robotics and its competitors. Novus Robotics's current Total Assets is $2.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novus Robotics stock overvalued right now?
Novus Robotics (NRBT) has a current Total Assets of $2.04 Mil. The current Total Assets is $2.04 Mil. Novus Robotics' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Novus Robotics (NRBT), the current Total Assets is $2.04 Mil as of Mar. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Novus Robotics Business Description

Address 7669 Kimbel Street, Mississauga, ON, CAN, L5S 1A7
Novus Robotics Inc is involved in engineering, designing, and manufacturing robotics and automation solutions for tube forming machines. It provides state of the art technology for the Automotive Industry in passenger seating and for Aluminum applications for automotive panels and bumpers. The company also makes precision components using its manufacturing systems, knowledge, and technology.
12GF Score

Get the complete analysis for NRBT

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.03
Price