Growth Metrics

Novanta (NOVT) Debt Ratio (2016 - 2025)

Novanta (NOVT) has disclosed Debt Ratio for 16 consecutive years, with 0.14 as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Debt Ratio fell 53.74% year-over-year to 0.14, compared with a TTM value of 0.14 through Dec 2025, down 53.74%, and an annual FY2025 reading of 0.14, down 53.74% over the prior year.
  • Debt Ratio was 0.14 for Q4 2025 at Novanta, down from 0.3 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.37 in Q4 2021 and bottomed at 0.14 in Q4 2025.
  • Average Debt Ratio over 5 years is 0.31, with a median of 0.33 recorded in 2023.
  • The sharpest move saw Debt Ratio skyrocketed 63.82% in 2021, then plummeted 53.74% in 2025.
  • Year by year, Debt Ratio stood at 0.35 in 2021, then dropped 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 tumbled by 53.74% to 0.14 in 2025.
  • Business Quant data shows Debt Ratio for NOVT at 0.14 in Q4 2025, 0.3 in Q3 2025, and 0.3 in Q2 2025.