Novanta Inc. company logo
Novanta Inc. logo

Novanta Inc. (NOVT) Quick Ratio

Annual Quick Ratio

1.720.19-9.95%

Summary

Current Value
As of today, NOVT annual quick ratio is 1.72, down -9.95% on
Historical Performance
NOVT annual quick ratio is up +27.41% over the past 3 years, and up +23.74% over the past 5 years
All-Time High Comparison
NOVT annual quick ratio is currently -65.87% below its historical high of 5.04 set on
3-Year Low Comparison
NOVT annual quick ratio is +12.42% above its 3-year low of 1.53 reached on an earlier date
Sector Comparison
NOVT annual quick ratio is higher than 56.85% of companies in Technology sector

Quick Ratio Chart

Add series to chart
Add series to chart1/6
Series
SUGGESTED SERIES

Performance

NOVT Performance
MetricDateValue1Y3Y5Y15Y
Annual Quick Ratio1.72-9.9%+27.4%+23.7%-12.2%
Quarterly Quick Ratio1.54-14.9%-0.7%+2.0%-32.5%
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 Inventory$144.61M-3.2%+15.1%+24.0%+117.6%
Annual Current Liabilities$167.79M+20.6%-8.8%+24.4%+86.9%
Annual Current Ratio2.58-13.4%+27.1%+14.2%-4.4%
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%

Quick Ratio Highs

NOVT Annual Quick Ratio Highs Comparison
PeriodHighDateCurrent
3Y1.91-9.9%
5Y1.91-9.9%
All5.04-65.9%

Quick Ratio Lows

NOVT Annual Quick Ratio Lows Comparison
PeriodLowDateCurrent
3Y1.53N/A+12.4%
5Y1.35+27.4%
All0.60+186.7%

Quick Ratio History

YearValueChange
1.72-9.9%
1.91+24.8%
1.53+13.3%
1.35-27.0%
1.85+33.1%
1.39-18.2%
YearValueChange
1.70-15.0%
2.00+1.0%
1.98-10.4%
2.21-0.5%
2.22-

FAQ

  • What is the current annual quick ratio of NOVT?

    As of today, NOVT annual quick ratio is 1.72

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

    NOVT annual quick ratio is down -9.95% year-over-year

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

    NOVT annual quick ratio is up +27.41% over the past 3 years

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

    NOVT annual quick ratio is currently -65.87% below its historical high of 5.04 set on December 31, 2006

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

    NOVT annual quick ratio is higher than 56.85% of companies in Technology sector

  • When is NOVT next annual earnings release?

    The next annual earnings release for NOVT is on

Quick Ratio Formula

Quick 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