Novanta (NOVT) Interest Expenses (2010 - 2012)
Novanta's Interest Expenses was $828,000 in Q1 2012, down 77.4% from $3.67 million a year earlier and down 69.3% from the prior quarter.
Novanta (NOVT) Interest Expenses (2010 - 2012) Analysis & Trends
On a trailing twelve-month basis, Novanta's Interest Expenses was $10.22 million through Mar 30, 2012, down 42.5% year-over-year; for FY2011, it came in at $13.06 million, down 34.4% from FY2010.
- In earlier years, Interest Expenses was $19.91 million in FY2010 (-28.3%) and $27.75 million in FY2009.
- The Q1 2012 figure marks the lowest quarterly Interest Expenses in data going back to Q2 2010.
- Compared with a year earlier, Interest Expenses has declined for four straight quarters, with an average decline of 43.8% over the last four quarters.
- Per Business Quant data, NOVT's Interest Expenses in the three quarters before Q1 2012 was $2.7 million (Q4 2011), $3.28 million (Q3 2011) and $3.41 million (Q2 2011).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 497.00 Mn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 213.70 Mn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 661.00 Mn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 201.00 Mn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 95.00 Mn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 17.40 Mn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | - |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 79.00 Mn |
| 10 | Novanta | 5.38 Bn | 3.80 Bn | 120.92 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 30, 2012 | 828,000.00 |
| Dec 31, 2011 | 2.70 Mn |
| Sep 30, 2011 | 3.28 Mn |
| Jul 1, 2011 | 3.41 Mn |
| Apr 1, 2011 | 3.67 Mn |
| Dec 31, 2010 | 3.93 Mn |
| Oct 1, 2010 | 4.42 Mn |
| Jul 2, 2010 | 5.75 Mn |
Novanta Interest Expenses 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-expenses&ticker=NOVT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=NOVT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();