NVMI  Nova Measuring Instruments Ltd...

Exchange

NASDAQ

Sector

Capital Goods

Industry

Electronic Components

Market Cap.

244.4M

Very Strong Balance Sheet

NVMI has more Cash than its Total Liabilities, resulting in $2.36 Net Cash per share. In other words, if you buy NVMI today, the price you're paying for shares is actually $6.74 because $2.36 of Cash is included in the current share price. This much Cash is very healthy. It can help NVMI sustain itself in the face of any economic turmoil and makes a stock buyback more of a possibility.
Figures in USD. Fiscal year ends in December
2002200320042005200620072008200920102011
Cash 37.96M 31.64M 22.67M 14.87M 10.31M 17.58M 19.42M 18.47M 60.96M 86.55M
Current Assets 45.53M 42.84M 36.54M 29.46M 31.44M 36.95M 30.15M 35.69M 86.70M 113.23M
Total Assets 49.01M 47.92M 49.46M 42.34M 44.42M 48.39M 35.79M 40.92M 93.38M 122.95M
Current Liabilities 10.96M 12.49M 11.41M 14.62M 15.57M 16.29M 9.91M 10.62M 21.26M 18.56M
Total Liabilities 13.33M 15.58M 14.99M 18.90M 19.84M 20.80M 13.45M 14.01M 24.99M 23.04M
Stockholder' Equity 35.68M 32.34M 34.47M 23.44M 24.58M 27.58M 22.34M 26.92M 68.38M 99.91M
Current Ratio 4.16 3.43 3.20 2.01 2.02 2.27 3.04 3.36 4.08 6.10
TL-to-TA 0.27 0.33 0.30 0.45 0.45 0.43 0.38 0.34 0.27 0.19

Consistent Reinvestment of Profits over the past 10 years

NVMI has consistently retained profits. This may put NVMI in a strong position to invest for the future, by buying new machinery, investing in R&D or a number of other options. By effectively using these earnings, NVMI can greatly improve their long-term economic picture.
Figures in USD. Fiscal year ends in December
2002200320042005200620072008200920102011
Retained Earnings -36.17M -40.39M -38.92M -50.22M -52.15M -56.07M -61.49M -58.86M -36.69M -8.57M
Retained Earnings Growth - -11.64% 3.63% -29.04% -3.85% -7.51% -9.67% 4.28% 37.67% 76.65%