NOVT
Price:
$174.17
Market Cap:
$6.25B
Novanta Inc., together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion components and sub-systems to original equipment manufacturers in the medical and industrial markets worldwide. The company's Photonics segment offers photonics-based solutions, including laser scanning and beam delivery, CO2 laser, solid state laser, ultrafast laser, and optical light engine products serving photonics-based applications for industrial processing, metrology, medical and life science imaging, DNA sequencing, and medical laser procedures. It's Vision segment provides a range of medical grade technologies, including medical insufflators, pumps, and rel...[Read more]
Industry
Hardware, Equipment & Parts
IPO Date
1999-03-24
Stock Exchange
NASDAQ
Ticker
NOVT
According to Novanta Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.77. This represents a change of -2.98% compared to the average of 2.85 of the last 4 quarters.
The mean historical Current Ratio of Novanta Inc. over the last ten years is 2.76. The current 2.77 Current Ratio has changed 9.93% with respect to the historical average. Over the past ten years (40 quarters), NOVT's Current Ratio was at its highest in in the October 2015 quarter at 3.54. The Current Ratio was at its lowest in in the October 2021 quarter at 1.88.
Average
2.76
Median
2.77
Minimum
2.03
Maximum
3.38
Discovering the peaks and valleys of Novanta Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 25.77%
Maximum Annual Current Ratio = 3.38
Minimum Annual Increase = -23.68%
Minimum Annual Current Ratio = 2.03
Year | Current Ratio | Change |
---|---|---|
2023 | 2.98 | 16.74% |
2022 | 2.56 | 25.77% |
2021 | 2.03 | -23.68% |
2020 | 2.66 | 17.92% |
2019 | 2.26 | -16.49% |
2018 | 2.70 | -7.78% |
2017 | 2.93 | 3.75% |
2016 | 2.83 | -13.09% |
2015 | 3.25 | -3.83% |
2014 | 3.38 | 1.67% |
The current Current Ratio of Novanta Inc. (NOVT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.52
5-year avg
2.50
10-year avg
2.76
Novanta Inc.’s Current Ratio is less than Mesa Laboratories, Inc. (0), greater than Itron, Inc. (1.94), less than Fortive Corporation (3.36), greater than Vishay Precision Group, Inc. (1.25), greater than ESCO Technologies Inc. (2.67), greater than Sono-Tek Corporation (2.10), less than Badger Meter, Inc. (3.33), less than Vontier Corporation (4.10), greater than Sensata Technologies Holding plc (1.64), greater than null (1.77),
Company | Current Ratio | Market cap |
---|---|---|
0 | $640.72M | |
1.94 | $5.18B | |
3.36 | $24.69B | |
1.25 | $312.95M | |
2.67 | $3.30B | |
2.10 | $69.18M | |
3.33 | $5.97B | |
4.10 | $5.57B | |
1.64 | $5.08B | |
1.77 | $0 |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Novanta Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Novanta Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Novanta Inc.'s Current Ratio?
How is the Current Ratio calculated for Novanta Inc. (NOVT)?
What is the highest Current Ratio for Novanta Inc. (NOVT)?
What is the 3-year average Current Ratio for Novanta Inc. (NOVT)?
What is the 5-year average Current Ratio for Novanta Inc. (NOVT)?
How does the current Current Ratio for Novanta Inc. (NOVT) compare to its historical average?