Novanta (NOVT) Interest Coverage Ratio (2010 - 2012)

Novanta (NOVT) reported Interest Coverage Ratio of 3.41 for Q1 2012, up 27.9% on a YoY basis from 2.66 in Q1 2011, and up 142.59% quarter-over-quarter from 1.4 in Q4 2011.

Novanta (NOVT) Interest Coverage Ratio (2010 - 2012) Analysis & Trends

Novanta has reported Interest Coverage Ratio for 3 years, with the latest figure at 3.41 in Q1 2012.

  • For the quarter ending Q1 2012, Interest Coverage Ratio rose 27.9% year-over-year to 3.41; the trailing twelve-month figure through Dec 2012 stood at 18.12 (up 560.4% YoY), and the FY2011 full-year result was 0.5, down 72.34% from the prior year.
  • Interest Coverage Ratio for Q1 2012 stood at 3.41, up from 1.4 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 3.41 in Q1 2012, with the low at 2.12 in Q4 2010.
  • Historically, Interest Coverage Ratio has averaged 2.05 across 3 years, with a median of 2.59 in 2010.
  • Annual changes were most pronounced in 2011 — Interest Coverage Ratio jumped 166.21% — and 2012, when it climbed 27.9%.
  • Novanta's Interest Coverage Ratio stood at 2.12 in 2010, then surged by 166.21% to 1.4 in 2011, then surged by 142.59% to 3.41 in 2012.
  • The last three Interest Coverage Ratio figures came in at 3.41 (Q1 2012), 1.4 (Q4 2011), and 3.3 (Q3 2011), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn -21.13
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn 8.55
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn -
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn 23.92
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn 3.31
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn -6.07
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn 7.38
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn -
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn -
10 Novanta 6.47 Bn 6.08 Bn 113.58 Mn -

Historic Data

Download Data
DateValue
Mar 30, 2012 3.41
Dec 31, 2011 1.40
Sep 30, 2011 3.30
Jul 1, 2011 3.36
Apr 1, 2011 2.66
Dec 31, 2010 -2.12
Oct 1, 2010 2.51
Jul 2, 2010 1.90