Growth Metrics

Novanta (NOVT) Debt Ratio (2016 - 2025)

Novanta's Debt Ratio history spans 16 years, with the latest figure at 0.14 for Q4 2025.

  • For Q4 2025, Debt Ratio fell 53.74% year-over-year to 0.14; the TTM value through Dec 2025 reached 0.14, down 53.74%, while the annual FY2025 figure was 0.14, 53.74% down from the prior year.
  • Debt Ratio reached 0.14 in Q4 2025 per NOVT's latest filing, down from 0.3 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.37 in Q4 2021 to a low of 0.14 in Q4 2025.
  • Average Debt Ratio over 5 years is 0.31, with a median of 0.33 recorded in 2023.
  • Peak YoY movement for Debt Ratio: skyrocketed 63.82% in 2021, then plummeted 53.74% in 2025.
  • A 5-year view of Debt Ratio shows it 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.
  • Per Business Quant, the three most recent readings for NOVT's Debt Ratio are 0.14 (Q4 2025), 0.3 (Q3 2025), and 0.3 (Q2 2025).