Growth Metrics

Novanta (NOVT) Debt Ratio (2016 - 2025)

Historic Debt Ratio for Novanta (NOVT) over the last 16 years, with Q3 2025 value amounting to 0.3.

  • Novanta's Debt Ratio fell 704.85% to 0.3 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.3, marking a year-over-year decrease of 704.85%. This contributed to the annual value of 0.3 for FY2024, which is 381.56% up from last year.
  • According to the latest figures from Q3 2025, Novanta's Debt Ratio is 0.3, which was down 704.85% from 0.3 recorded in Q2 2025.
  • In the past 5 years, Novanta's Debt Ratio ranged from a high of 0.37 in Q4 2021 and a low of 0.22 during Q3 2021
  • For the 5-year period, Novanta's Debt Ratio averaged around 0.32, with its median value being 0.33 (2023).
  • Its Debt Ratio has fluctuated over the past 5 years, first surged by 6382.28% in 2021, then tumbled by 2267.76% in 2025.
  • Over the past 5 years, Novanta's Debt Ratio (Quarter) stood at 0.35 in 2021, then dropped by 0.85% to 0.35 in 2022, then dropped by 17.62% to 0.29 in 2023, then rose by 3.82% to 0.3 in 2024, then fell by 0.11% to 0.3 in 2025.
  • Its last three reported values are 0.3 in Q3 2025, 0.3 for Q2 2025, and 0.28 during Q1 2025.