Novanta (NOVT) Non Operating Interest Expenses (2010 - 2012)
Novanta's (NOVT) quarterly Non Operating Interest Expenses came in at $828000.0 in Q1 2012, down 77.44% on a YoY basis from $3.7 million in Q1 2011, and down 69.28% quarter-over-quarter from $2.7 million in Q4 2011.
Analysis
Novanta (NOVT) Non Operating Interest Expenses (2010 - 2012) Analysis & Trends
Novanta (NOVT) has reported Non Operating Interest Expenses for 3 consecutive years, with $828000.0 the latest figure, recorded in Q1 2012.
- For the quarter ending Q1 2012, Non Operating Interest Expenses fell 77.44% year-over-year to $828000.0; the trailing twelve-month figure through Mar 2012 stood at $10.2 million (down 42.49% YoY), and the FY2011 full-year result was $13.1 million, down 34.39% from the prior year.
- Non Operating Interest Expenses eased to $828000.0 in Q1 2012 per NOVT's latest filing, from $2.7 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $5.7 million in Q3 2010 and bottomed at $828000.0 in Q1 2012.
- Historically, Non Operating Interest Expenses has averaged $3.5 million across 3 years, with a median of $3.5 million in 2011.
- The sharpest annual moves came in 2011 and 2012: Non Operating Interest Expenses decreased 25.79% in 2011, then plunged 77.44% in 2012.
- Over 3 years, Non Operating Interest Expenses stood at $3.9 million in 2010, then slumped by 31.41% to $2.7 million in 2011, then sank by 69.28% to $828000.0 in 2012.
- According to Business Quant data, Non Operating Interest Expenses over the past three periods registered $828000.0, $2.7 million, and $3.3 million for Q1 2012, Q4 2011, and Q3 2011 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.63 Bn | 81.30 Bn | 2.68 Bn | - |
| 2 | Illinois Tool Works | 75.96 Bn | 75.12 Bn | 1.90 Bn | 79.00 Mn |
| 3 | Ametek | 53.68 Bn | 53.19 Bn | 735.04 Mn | 30.10 Mn |
| 4 | Rockwell Automation | 46.83 Bn | 46.35 Bn | 1.14 Bn | 33.00 Mn |
| 5 | Mettler Toledo International | 25.77 Bn | 25.72 Bn | 650.22 Mn | 17.25 Mn |
| 6 | Dover | 25.23 Bn | 23.47 Bn | 880.61 Mn | 29.06 Mn |
| 7 | Nordson | 17.11 Bn | 17.00 Bn | 453.73 Mn | 20.82 Mn |
| 8 | Fortive | 16.56 Bn | 16.19 Bn | 695.30 Mn | 35.40 Mn |
| 9 | RBC Bearings | 15.05 Bn | 14.92 Bn | 247.80 Mn | 10.10 Mn |
| 10 | Novanta | 5.90 Bn | 5.18 Bn | 120.92 Mn | - |
Historic Data
Download Data
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 |