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Novanta Inc (NOVT)
NASDAQ:NOVT
US Market

Novanta (NOVT) Ratios

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Novanta Ratios

NOVT's free cash flow for Q4 2025 was $0.44. For the 2025 fiscal year, NOVT's free cash flow was decreased by $ and operating cash flow was $0.10. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
3.69 3.69 2.58 2.98 2.56
Quick Ratio
2.80 2.80 1.72 1.91 1.53
Cash Ratio
1.79 1.79 0.68 0.75 0.61
Solvency Ratio
0.23 0.23 0.19 0.22 0.19
Operating Cash Flow Ratio
0.30 0.30 0.94 0.86 0.55
Short-Term Operating Cash Flow Coverage
1.31 1.31 10.34 8.65 6.85
Net Current Asset Value
$ 289.78M$ 289.78M$ -209.16M$ -137.30M$ -243.11M
Leverage Ratios
Debt-to-Assets Ratio
0.19 0.19 0.34 0.33 0.39
Debt-to-Equity Ratio
0.26 0.26 0.63 0.60 0.85
Debt-to-Capital Ratio
0.21 0.21 0.39 0.38 0.46
Long-Term Debt-to-Capital Ratio
0.16 0.16 0.36 0.34 0.43
Financial Leverage Ratio
1.37 1.37 1.86 1.82 2.15
Debt Service Coverage Ratio
2.14 1.95 3.52 4.01 5.11
Interest Coverage Ratio
5.43 5.43 3.51 4.28 6.60
Debt to Market Cap
0.07 0.07 0.08 0.06 0.09
Interest Debt Per Share
9.50 9.92 13.98 12.01 14.16
Net Debt to EBITDA
-0.24 -0.26 1.98 1.76 2.42
Profitability Margins
Gross Profit Margin
44.39%44.39%44.41%45.36%43.96%
EBIT Margin
10.70%9.29%13.09%13.99%12.48%
EBITDA Margin
17.01%15.61%18.95%19.27%18.66%
Operating Profit Margin
11.90%11.90%11.65%12.53%11.97%
Pretax Profit Margin
7.10%7.10%8.33%9.50%10.12%
Net Profit Margin
5.49%5.49%6.75%8.27%8.60%
Continuous Operations Profit Margin
5.49%5.49%6.75%8.27%8.60%
Net Income Per EBT
77.29%77.29%81.06%87.02%84.96%
EBT Per EBIT
59.69%59.69%71.50%75.79%84.56%
Return on Assets (ROA)
2.98%2.98%4.62%5.94%5.97%
Return on Equity (ROE)
5.84%4.10%8.59%10.82%12.82%
Return on Capital Employed (ROCE)
7.32%7.32%9.06%10.17%9.57%
Return on Invested Capital (ROIC)
5.49%5.49%7.25%8.74%8.03%
Return on Tangible Assets
5.50%5.50%10.36%12.22%12.62%
Earnings Yield
1.20%1.24%1.17%1.21%1.53%
Efficiency Ratios
Receivables Turnover
5.30 5.30 6.29 6.32 6.25
Payables Turnover
5.75 5.75 6.86 8.42 6.41
Inventory Turnover
2.90 2.90 3.65 3.23 2.87
Fixed Asset Turnover
6.12 6.12 6.08 5.97 5.88
Asset Turnover
0.54 0.54 0.68 0.72 0.69
Working Capital Turnover Ratio
2.30 2.35 3.50 3.31 3.86
Cash Conversion Cycle
131.34 131.34 104.91 127.55 128.57
Days of Sales Outstanding
68.82 68.82 58.07 57.71 58.38
Days of Inventory Outstanding
126.03 126.03 100.02 113.17 127.10
Days of Payables Outstanding
63.50 63.50 53.18 43.33 56.91
Operating Cycle
194.84 194.84 158.09 170.88 185.48
Cash Flow Ratios
Operating Cash Flow Per Share
1.68 1.75 4.41 3.35 2.55
Free Cash Flow Per Share
1.27 1.32 3.93 2.79 2.00
CapEx Per Share
0.41 0.43 0.48 0.56 0.55
Free Cash Flow to Operating Cash Flow
0.76 0.76 0.89 0.83 0.78
Dividend Paid and CapEx Coverage Ratio
4.10 4.10 9.24 6.02 4.62
Capital Expenditure Coverage Ratio
4.10 4.10 9.24 6.02 4.62
Operating Cash Flow Coverage Ratio
0.19 0.19 0.34 0.30 0.19
Operating Cash Flow to Sales Ratio
0.07 0.07 0.17 0.14 0.11
Free Cash Flow Yield
1.16%1.11%2.57%1.66%1.47%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
83.36 80.88 85.70 82.83 65.41
Price-to-Sales (P/S) Ratio
4.27 4.44 5.79 6.85 5.63
Price-to-Book (P/B) Ratio
3.41 3.31 7.37 8.96 8.39
Price-to-Free Cash Flow (P/FCF) Ratio
86.47 89.90 38.85 60.30 68.10
Price-to-Operating Cash Flow Ratio
70.05 67.97 34.65 50.27 53.36
Price-to-Earnings Growth (PEG) Ratio
0.83 -4.64 -6.96 -34.46 1.41
Price-to-Fair Value
3.41 3.31 7.37 8.96 8.39
Enterprise Value Multiple
24.87 28.19 32.52 37.29 32.58
Enterprise Value
4.15B 4.31B 5.85B 6.34B 5.23B
EV to EBITDA
24.87 28.19 32.52 37.29 32.58
EV to Sales
4.23 4.40 6.16 7.19 6.08
EV to Free Cash Flow
85.66 89.09 41.38 63.29 73.57
EV to Operating Cash Flow
64.76 67.35 36.90 52.77 57.65
Tangible Book Value Per Share
12.71 13.29 -0.67 1.23 -2.16
Shareholders’ Equity Per Share
34.37 35.92 20.74 18.79 16.20
Tax and Other Ratios
Effective Tax Rate
0.23 0.23 0.19 0.13 0.15
Revenue Per Share
25.65 26.80 26.40 24.60 24.15
Net Income Per Share
1.41 1.47 1.78 2.03 2.08
Tax Burden
0.77 0.77 0.81 0.87 0.85
Interest Burden
0.66 0.76 0.64 0.68 0.81
Research & Development to Revenue
0.10 0.10 0.10 0.10 0.10
SG&A to Revenue
0.00 0.00 0.00 0.00 0.00
Stock-Based Compensation to Revenue
0.03 0.03 0.02 0.03 0.03
Income Quality
1.19 1.19 2.47 1.65 1.23
Currency in USD