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.
  • Per Novanta's latest filing, its Debt Ratio stood at 0.3 for Q3 2025, which was down 704.85% from 0.3 recorded in Q2 2025.
  • Novanta's 5-year Debt Ratio high stood at 0.37 for Q4 2021, and its period low was 0.22 during Q3 2021.
  • Moreover, its 5-year median value for Debt Ratio was 0.33 (2023), whereas its average is 0.32.
  • In the last 5 years, Novanta's Debt Ratio soared by 6382.28% in 2021 and then crashed by 2267.76% in 2025.
  • Over the past 5 years, Novanta's Debt Ratio (Quarter) stood at 0.35 in 2021, then decreased by 0.85% to 0.35 in 2022, then decreased by 17.62% to 0.29 in 2023, then grew by 3.82% to 0.3 in 2024, then dropped by 0.11% to 0.3 in 2025.
  • Its Debt Ratio was 0.3 in Q3 2025, compared to 0.3 in Q2 2025 and 0.28 in Q1 2025.