Novanta (NOVT) Interest Coverage Ratio (2010 - 2012)
Novanta's (NOVT) Interest Coverage Ratio came in at 3.41 for Q1 2012, up 27.9% from 2.66 a year earlier and up 142.6% from the prior quarter.
Novanta (NOVT) Interest Coverage Ratio (2010 - 2012) Analysis & Trends
For the trailing twelve months through Mar 30, 2012, Interest Coverage Ratio at Novanta was 2.83, up 113.8% year-over-year; for FY2011, it was 2.74, up 51.7% from FY2010.
- In prior years, Novanta's Interest Coverage Ratio was 1.81 in FY2010 and -0.73 in FY2009.
- The Q1 2012 figure stands as the highest quarterly Interest Coverage Ratio in data going back to Q2 2010.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 1.40 (Q4 2011), 3.30 (Q3 2011) and 3.36 (Q2 2011).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 379.87 Bn | 351.57 Bn | 7.76 Bn | 8.64 |
| 2 | Amphenol | 211.41 Bn | 206.11 Bn | 3.55 Bn | 12.09 |
| 3 | Deere | 179.93 Bn | 188.69 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 169.93 Bn | 167.16 Bn | 2.86 Bn | 6.93 |
| 5 | Parker-Hannifin | 121.78 Bn | 119.91 Bn | 2.25 Bn | 14.45 |
| 6 | Vertiv Holdings | 94.75 Bn | 85.37 Bn | 1.23 Bn | 36.66 |
| 7 | Emerson Electric | 88.42 Bn | 81.17 Bn | 2.66 Bn | - |
| 8 | 3M | 84.08 Bn | 65.54 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 74.29 Bn | 70.85 Bn | 1.90 Bn | 14.52 |
| 10 | Novanta | 5.43 Bn | 3.85 Bn | 120.92 Mn | - |
Historic Data
| Date | Value |
|---|---|
| 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 |
Novanta Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=NOVT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "NOVT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=NOVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();