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Novanta Inc. (NOVT) Current Ratio

Annual Current Ratio

2.580.40-13.42%

Summary

Current Value
As of today, NOVT annual current ratio is 2.58, down -13.42% on
Historical Performance
NOVT annual current ratio is up +27.09% over the past 3 years, and up +14.16% over the past 5 years
All-Time High Comparison
NOVT annual current ratio is currently -61.61% below its historical high of 6.72 set on
3-Year Low Comparison
NOVT annual current ratio is +0.78% above its 3-year low of 2.56 reached on an earlier date
Sector Comparison
NOVT annual current ratio is higher than 65.96% of companies in Technology sector

Current Ratio Chart

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Performance

NOVT Performance
MetricDateValue1Y3Y5Y15Y
Annual Current Ratio2.58-13.4%+27.1%+14.2%-4.4%
Quarterly Current Ratio2.51-10.0%-2.7%+10.6%-23.7%
Price$123.48-18.1%-10.8%-4.2%+1033.8%
Annual Current Assets$433.65M+4.4%+16.0%+42.4%+79.2%
Annual Current Liabilities$167.79M+20.6%-8.8%+24.4%+86.9%
Annual Quick Ratio1.72-9.9%+27.4%+23.7%-12.2%
Annual Debt To Equity0.63+5.0%-33.7%-4.5%-74.8%
Piotroski F-Score7+75.0%+16.7%+40.0%+75.0%
Altman Z-Score5.60-14.2%-4.1%-31.5%+148.9%

Current Ratio Highs

NOVT Annual Current Ratio Highs Comparison
PeriodHighDateCurrent
3Y2.98-13.4%
5Y2.98-13.4%
All6.72-61.6%

Current Ratio Lows

NOVT Annual Current Ratio Lows Comparison
PeriodLowDateCurrent
3Y2.56N/A+0.8%
5Y2.03+27.1%
All0.88+193.2%

Current Ratio History

YearValueChange
2.58-13.4%
2.98+16.4%
2.56+26.1%
2.03-23.7%
2.66+17.7%
2.26-16.3%
YearValueChange
2.70-7.8%
2.93+3.5%
2.83-12.9%
3.25-3.8%
3.38-

FAQ

  • What is the current annual current ratio of NOVT?

    As of today, NOVT annual current ratio is 2.58

  • What is 1-year change in NOVT annual current ratio?

    NOVT annual current ratio is down -13.42% year-over-year

  • What is 3-year change in NOVT annual current ratio?

    NOVT annual current ratio is up +27.09% over the past 3 years

  • How far is NOVT annual current ratio from its all-time high?

    NOVT annual current ratio is currently -61.61% below its historical high of 6.72 set on December 31, 2006

  • How does NOVT annual current ratio rank versus sector peers?

    NOVT annual current ratio is higher than 65.96% of companies in Technology sector

  • When is NOVT next annual earnings release?

    The next annual earnings release for NOVT is on

Current Ratio Formula

Current Ratio =  

Data Sources & References

  1. NOVT Official Website www.novanta.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1076930/000119312525262774/0001193125-25-262774-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1076930/000095017025026131/0000950170-25-026131-index.htm
  4. NOVT Profile on Yahoo Finance finance.yahoo.com/quote/NOVT
  5. NOVT Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/novt