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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

Novanta (NOVT) Debt Ratio (2016 - 2026)

Novanta filings provide 17 years of Debt Ratio readings, the most recent being 0.13 for Q2 2026.

  • On a quarterly basis, Debt Ratio fell 52.34% to 0.13 in Q2 2026 year-over-year; TTM through Apr 2026 was 0.13, a 52.34% decrease, with the full-year FY2025 number at 0.14, down 53.74% from a year prior.
  • Debt Ratio hit 0.13 in Q2 2026 for Novanta, down from 0.14 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.37 in Q3 2022 to a low of 0.13 in Q2 2026.
  • Median Debt Ratio over the past 5 years was 0.32 (2024), compared with a mean of 0.3.
  • Biggest five-year swings in Debt Ratio: soared 54.31% in 2022 and later tumbled 53.74% in 2025.
  • Novanta's Debt Ratio stood at 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 tumbled by 53.74% to 0.14 in 2025, then decreased by 3.32% to 0.13 in 2026.
  • The last three reported values for Debt Ratio were 0.13 (Q2 2026), 0.14 (Q4 2025), and 0.3 (Q3 2025) per Business Quant data.