Novanta Historical Balance Sheet

NOVT Stock

USD 164.03 2.59 1.55%

Trend analysis of Novanta balance sheet accounts such as Total Current Liabilities of 106.1 M provides information on Novanta's total assets, liabilities, and equity, which is the actual value of Novanta to its prevalent stockholders. By breaking down trends over time using Novanta balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Covid

Financial Statement Analysis is much more than just reviewing and examining Novanta latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Novanta is a good buy for the upcoming year.

Novanta Inventory

86.1 Million

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novanta. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

For more information on how to buy Novanta Stock please use our How to Invest in Novanta guide.

About Novanta Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Novanta at a specified time, usually calculated after every quarter, six months, or one year. Novanta Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Novanta and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Novanta currently owns. An asset can also be divided into two categories, current and non-current.

Novanta Balance Sheet Chart

At this time, Novanta's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 434.1 M in 2024, whereas Accounts Payable is likely to drop slightly above 31.9 M in 2024.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities Other Current Assets Accumulated Other Comprehensive Income

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Total Assets

Total assets refers to the total amount of Novanta assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Novanta books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Novanta balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Novanta are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Accumulated Other Comprehensive Income

Gains and losses not included in net income that are recorded in shareholders' equity, reflecting changes in the value of assets or liabilities that are not realized.

Most accounts from Novanta's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Novanta current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novanta. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

For more information on how to buy Novanta Stock please use our How to Invest in Novanta guide.At this time, Novanta's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 434.1 M in 2024, whereas Accounts Payable is likely to drop slightly above 31.9 M in 2024.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	480.2M	476.3M	404.6M	424.8M
Total Assets	1.2B	1.2B	1.2B	1.3B

Short Long Term Debt Total Total Assets

Novanta balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Other Liab	Other Assets
Total Assets		0.99	0.76	0.92	0.97	0.97	0.97	0.83	0.84	0.84	1.0	-0.11	0.86	0.87	0.34	0.98	0.86	0.38	0.25	0.98	0.89	0.92	0.68	0.8	0.67	0.49
Short Long Term Debt Total	0.99		0.77	0.93	0.93	0.95	0.99	0.81	0.86	0.8	0.99	-0.12	0.82	0.88	0.31	0.99	0.88	0.39	0.26	0.99	0.84	0.92	0.62	0.82	0.64	0.42
Other Current Liab	0.76	0.77		0.9	0.65	0.73	0.76	0.57	0.8	0.7	0.77	-0.01	0.7	0.75	0.3	0.8	0.75	0.37	0.27	0.82	0.54	0.78	0.24	0.85	0.78	0.24
Total Current Liabilities	0.92	0.93	0.9		0.82	0.88	0.91	0.67	0.96	0.85	0.92	-0.03	0.84	0.91	0.45	0.95	0.92	0.4	0.24	0.96	0.67	0.95	0.45	0.94	0.75	0.44
Total Stockholder Equity	0.97	0.93	0.65	0.82		0.97	0.91	0.86	0.73	0.79	0.96	-0.14	0.82	0.81	0.29	0.9	0.79	0.36	0.25	0.9	0.96	0.87	0.75	0.67	0.57	0.53
Property Plant And Equipment Net	0.97	0.95	0.73	0.88	0.97		0.94	0.89	0.77	0.77	0.97	-0.21	0.8	0.83	0.21	0.93	0.84	0.37	0.37	0.94	0.92	0.88	0.71	0.73	0.62	0.54
Net Debt	0.97	0.99	0.76	0.91	0.91	0.94		0.82	0.85	0.73	0.97	-0.16	0.75	0.88	0.26	0.98	0.88	0.36	0.29	0.98	0.84	0.9	0.57	0.79	0.59	0.35
Retained Earnings	0.83	0.81	0.57	0.67	0.86	0.89	0.82		0.57	0.55	0.83	-0.42	0.58	0.67	-0.2	0.77	0.69	0.32	0.66	0.77	0.9	0.69	0.61	0.48	0.36	0.44
Accounts Payable	0.84	0.86	0.8	0.96	0.73	0.77	0.85	0.57		0.8	0.85	0.01	0.78	0.9	0.53	0.88	0.94	0.33	0.21	0.89	0.55	0.93	0.3	0.94	0.68	0.4
Cash	0.84	0.8	0.7	0.85	0.79	0.77	0.73	0.55	0.8		0.83	0.11	1.0	0.74	0.56	0.83	0.73	0.43	0.09	0.84	0.62	0.86	0.67	0.86	0.76	0.7
Non Current Assets Total	1.0	0.99	0.77	0.92	0.96	0.97	0.97	0.83	0.85	0.83		-0.09	0.85	0.87	0.32	0.98	0.86	0.39	0.27	0.98	0.88	0.92	0.67	0.82	0.69	0.5
Non Currrent Assets Other	-0.11	-0.12	-0.01	-0.03	-0.14	-0.21	-0.16	-0.42	0.01	0.11	-0.09		0.11	-0.21	0.47	-0.08	-0.28	0.01	-0.52	-0.07	-0.25	-0.18	-0.03	0.08	0.21	0.16
Cash And Short Term Investments	0.86	0.82	0.7	0.84	0.82	0.8	0.75	0.58	0.78	1.0	0.85	0.11		0.73	0.54	0.85	0.72	0.43	0.08	0.85	0.66	0.86	0.71	0.84	0.76	0.7
Net Receivables	0.87	0.88	0.75	0.91	0.81	0.83	0.88	0.67	0.9	0.74	0.87	-0.21	0.73		0.46	0.88	0.97	0.19	0.23	0.88	0.71	0.96	0.4	0.81	0.54	0.35
Common Stock Shares Outstanding	0.34	0.31	0.3	0.45	0.29	0.21	0.26	-0.2	0.53	0.56	0.32	0.47	0.54	0.46		0.35	0.42	0.12	-0.63	0.36	0.1	0.5	0.16	0.54	0.45	0.24
Non Current Liabilities Total	0.98	0.99	0.8	0.95	0.9	0.93	0.98	0.77	0.88	0.83	0.98	-0.08	0.85	0.88	0.35		0.88	0.37	0.24	1.0	0.8	0.93	0.59	0.87	0.72	0.43
Inventory	0.86	0.88	0.75	0.92	0.79	0.84	0.88	0.69	0.94	0.73	0.86	-0.28	0.72	0.97	0.42	0.88		0.27	0.31	0.88	0.68	0.96	0.34	0.85	0.57	0.36
Other Current Assets	0.38	0.39	0.37	0.4	0.36	0.37	0.36	0.32	0.33	0.43	0.39	0.01	0.43	0.19	0.12	0.37	0.27		0.17	0.38	0.33	0.38	0.25	0.36	0.28	0.2
Other Stockholder Equity	0.25	0.26	0.27	0.24	0.25	0.37	0.29	0.66	0.21	0.09	0.27	-0.52	0.08	0.23	-0.63	0.24	0.31	0.17		0.24	0.32	0.21	0.05	0.17	0.06	0.3
Total Liab	0.98	0.99	0.82	0.96	0.9	0.94	0.98	0.77	0.89	0.84	0.98	-0.07	0.85	0.88	0.36	1.0	0.88	0.38	0.24		0.8	0.93	0.58	0.88	0.73	0.43
Property Plant And Equipment Gross	0.89	0.84	0.54	0.67	0.96	0.92	0.84	0.9	0.55	0.62	0.88	-0.25	0.66	0.71	0.1	0.8	0.68	0.33	0.32	0.8		0.74	0.74	0.49	0.44	0.43
Total Current Assets	0.92	0.92	0.78	0.95	0.87	0.88	0.9	0.69	0.93	0.86	0.92	-0.18	0.86	0.96	0.5	0.93	0.96	0.38	0.21	0.93	0.74		0.51	0.88	0.64	0.46
Short Term Debt	0.68	0.62	0.24	0.45	0.75	0.71	0.57	0.61	0.3	0.67	0.67	-0.03	0.71	0.4	0.16	0.59	0.34	0.25	0.05	0.58	0.74	0.51		0.32	0.32	0.68
Intangible Assets	0.8	0.82	0.85	0.94	0.67	0.73	0.79	0.48	0.94	0.86	0.82	0.08	0.84	0.81	0.54	0.87	0.85	0.36	0.17	0.88	0.49	0.88	0.32		0.86	0.45
Other Liab	0.67	0.64	0.78	0.75	0.57	0.62	0.59	0.36	0.68	0.76	0.69	0.21	0.76	0.54	0.45	0.72	0.57	0.28	0.06	0.73	0.44	0.64	0.32	0.86		0.4
Other Assets	0.49	0.42	0.24	0.44	0.53	0.54	0.35	0.44	0.4	0.7	0.5	0.16	0.7	0.35	0.24	0.43	0.36	0.2	0.3	0.43	0.43	0.46	0.68	0.45	0.4

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Novanta Account Relationship Matchups

Novanta balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	869.7M	865.2M	1.2B	1.2B	1.2B	1.3B
Short Long Term Debt Total	254.5M	233.2M	480.2M	476.3M	404.6M	424.8M
Other Current Liab	74.0M	37.9M	90.9M	54.2M	54.8M	42.9M
Total Current Liabilities	134.8M	114.2M	183.9M	164.5M	139.2M	106.1M
Total Stockholder Equity	417.2M	476.8M	521.3M	577.6M	673.5M	707.1M
Property Plant And Equipment Net	112.7M	113.1M	135.8M	146.5M	147.8M	155.1M
Net Debt	175.5M	108.2M	362.8M	376.2M	299.5M	314.5M
Retained Earnings	(38.3M)	6.2M	56.5M	130.6M	203.5M	213.6M
Accounts Payable	52.6M	43.0M	68.5M	75.2M	57.2M	31.9M
Cash	78.9M	125.1M	117.4M	100.1M	105.1M	90.8M
Non Current Assets Total	565.2M	561.0M	854.1M	820.7M	810.8M	851.3M
Non Currrent Assets Other	11.6M	13.4M	17.8M	4.4M	5.6M	10.9M
Cash And Short Term Investments	78.9M	125.1M	117.4M	100.1M	105.1M	98.9M
Net Receivables	91.1M	75.1M	115.6M	137.7M	139.4M	79.9M
Common Stock Shares Outstanding	35.5M	35.7M	35.8M	35.9M	36.0M	26.5M
Liabilities And Stockholders Equity	869.7M	865.2M	1.2B	1.2B	1.2B	1.3B
Non Current Liabilities Total	317.7M	274.1M	522.7M	499.1M	413.4M	434.1M
Inventory	116.6M	92.7M	125.7M	168.0M	149.4M	86.1M
Other Current Assets	17.9M	19.4M	28.2M	14.7M	21.5M	17.7M
Other Stockholder Equity	49.7M	59.0M	53.8M	55.2M	70.2M	39.3M
Total Liab	452.6M	388.4M	706.6M	663.6M	552.6M	580.2M
Property Plant And Equipment Gross	112.7M	113.1M	135.8M	146.5M	250.8M	263.3M
Total Current Assets	304.5M	304.2M	373.8M	420.5M	415.3M	287.7M
Accumulated Other Comprehensive Income	(18.1M)	(12.2M)	(12.9M)	(32.0M)	(24.0M)	(22.8M)
Short Term Debt	5.0M	21.4M	13.0M	13.3M	13.9M	23.6M
Intangible Assets	166.2M	148.5M	221.0M	175.8M	145.0M	85.0M
Other Liab	53.4M	40.5M	47.6M	23.0M	26.4M	33.4M
Other Assets	11.6M	47.8M	17.8M	19.5M	22.5M	17.3M
Long Term Debt	215.3M	194.9M	429.4M	430.7M	349.4M	189.9M
Property Plant Equipment	77.6M	78.7M	135.8M	103.2M	118.7M	124.6M
Good Will	274.7M	286.0M	479.5M	478.9M	484.5M	508.7M
Current Deferred Revenue	3.2M	6.2M	7.0M	8.1M	5.6M	9.7M
Net Tangible Assets	(23.7M)	42.3M	(179.2M)	(77.1M)	(69.4M)	(65.9M)
Retained Earnings Total Equity	(38.3M)	6.2M	56.5M	130.6M	150.2M	157.7M
Long Term Debt Total	215.3M	194.9M	429.4M	430.7M	495.3M	520.0M
Capital Surpluse	49.7M	59.0M	53.8M	55.2M	63.4M	42.5M

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Novanta Historical Balance Sheet

Novanta Inventory

86.1 Million

About Novanta Balance Sheet Analysis

Novanta Balance Sheet Chart

Total Assets

Total Current Liabilities

Other Current Assets

Accumulated Other Comprehensive Income

Novanta balance sheet Correlations

Novanta Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Novanta balance sheet Accounts

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Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Short Long Term Debt Total	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Short Long Term Debt Total

Other Stockholder Equity	- 0.63	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.52	Non Currrent Assets Other
Non Currrent Assets Other	- 0.42	Retained Earnings
Inventory	- 0.28	Non Currrent Assets Other
Property Plant And Equipment Gross	- 0.25	Non Currrent Assets Other
Net Receivables	- 0.21	Non Currrent Assets Other