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

Novanta (NOVT) has reported Interest Coverage Ratio for 3 consecutive years, with 3.41 the latest figure, recorded 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 Mar 2012 stood at 2.83 (up 113.8% YoY), and the FY2011 full-year result was 2.74, up 51.65% from the prior year.
• Interest Coverage Ratio climbed to 3.41 in Q1 2012 per NOVT's latest filing, from 1.4 in the prior quarter.
• Across five years, Interest Coverage Ratio topped out at 3.41 in Q1 2012 and bottomed 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.
• The sharpest annual moves came in 2011 and 2012: Interest Coverage Ratio surged 166.21% in 2011, then grew 27.9% in 2012.
• Over 3 years, Interest Coverage Ratio stood at 2.12 in 2010, then jumped by 166.21% to 1.4 in 2011, then jumped by 142.59% to 3.41 in 2012.
• According to Business Quant data, Interest Coverage Ratio over the past three periods registered 3.41, 1.4, and 3.3 for Q1 2012, Q4 2011, and Q3 2011 respectively.