Novanta Interest Coverage from 2010 to 2025

NOVT Stock  USD 133.61  3.21  2.35%   
Novanta Interest Coverage yearly trend continues to be comparatively stable with very little volatility. Interest Coverage will likely drop to 4.68 in 2025. From the period from 2010 to 2025, Novanta Interest Coverage quarterly data regression had mean square error of  1,739 and mean deviation of  20.15. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
4.92
Current Value
4.68
Quarterly Volatility
43.25752868
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Novanta financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novanta's main balance sheet or income statement drivers, such as Depreciation And Amortization of 58.3 M, Interest Expense of 33.1 M or Total Revenue of 996.7 M, as well as many indicators such as Price To Sales Ratio of 6.08, Dividend Yield of 0.0 or PTB Ratio of 7.73. Novanta financial statements analysis is a perfect complement when working with Novanta Valuation or Volatility modules.
  
Check out the analysis of Novanta Correlation against competitors.
For more information on how to buy Novanta Stock please use our How to Invest in Novanta guide.

Latest Novanta's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Novanta over the last few years. It is Novanta's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Novanta's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

Novanta Interest Coverage Regression Statistics

Arithmetic Mean15.71
Coefficient Of Variation275.30
Mean Deviation20.15
Median6.60
Standard Deviation43.26
Sample Variance1,871
Range180
R-Value(0.36)
Mean Square Error1,739
R-Squared0.13
Significance0.17
Slope(3.31)
Total Sum of Squares28,068

Novanta Interest Coverage History

2025 4.68
2024 4.92
2023 4.28
2022 6.6
2021 13.57
2020 8.51
2019 10.5

About Novanta Financial Statements

Novanta shareholders use historical fundamental indicators, such as Interest Coverage, to determine how well the company is positioned to perform in the future. Although Novanta investors may analyze each financial statement separately, they are all interrelated. The changes in Novanta's assets and liabilities, for example, are also reflected in the revenues and expenses on on Novanta's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Coverage 4.92  4.68 

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Additional Tools for Novanta Stock Analysis

When running Novanta's price analysis, check to measure Novanta's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Novanta is operating at the current time. Most of Novanta's value examination focuses on studying past and present price action to predict the probability of Novanta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novanta's price. Additionally, you may evaluate how the addition of Novanta to your portfolios can decrease your overall portfolio volatility.