Novo Integrated Sciences Intangible Assets

Novo Integrated Sciences posts a intangible assets of $13M as of August 2024. That compares with $16M in the prior-year period — down 17.6% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Novo Integrated Sciences's intangible assets was $16M. The latest reading is $13M — a 17.6% year-over-year decrease (period ending August 2024). Use the history and growth charts on this page for a longer lookback.

Intangible Assets is one piece of Novo Integrated Sciences's financial statement story. At $13M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for NVOS's intangible assets usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Novo Integrated Sciences's other metric pages and overview cover the third.

Judging Novo Integrated Sciences against Industrials peers is usually better than using a market-wide rule of thumb. Business models inside Industrials are more comparable, which makes gaps in intangible assets easier to interpret. Start with $13M here, then scan peer and history charts to see if the gap is persistent.