Novanta (NOVT) Asset Utilization Ratio (2016 - 2025)
Historic Asset Utilization Ratio for Novanta (NOVT) over the last 17 years, with Q3 2025 value amounting to 0.64.
- Novanta's Asset Utilization Ratio fell 281.13% to 0.64 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.64, marking a year-over-year decrease of 281.13%. This contributed to the annual value of 0.73 for FY2024, which is 159.98% up from last year.
- According to the latest figures from Q3 2025, Novanta's Asset Utilization Ratio is 0.64, which was down 281.13% from 0.66 recorded in Q2 2025.
- Over the past 5 years, Novanta's Asset Utilization Ratio peaked at 0.73 during Q3 2023, and registered a low of 0.58 during Q4 2021.
- In the last 5 years, Novanta's Asset Utilization Ratio had a median value of 0.68 in 2024 and averaged 0.67.
- Its Asset Utilization Ratio has fluctuated over the past 5 years, first crashed by 1544.49% in 2021, then skyrocketed by 2127.57% in 2022.
- Novanta's Asset Utilization Ratio (Quarter) stood at 0.58 in 2021, then grew by 21.28% to 0.7 in 2022, then rose by 3.61% to 0.73 in 2023, then decreased by 7.18% to 0.68 in 2024, then fell by 5.86% to 0.64 in 2025.
- Its Asset Utilization Ratio was 0.64 in Q3 2025, compared to 0.66 in Q2 2025 and 0.69 in Q1 2025.