Novanta (NOVTU) Debt Ratio (2010 - 2026)

Novanta has reported Debt Ratio for 17 years, with the latest figure at 0.13 in Q2 2026.

• For the quarter ending Q2 2026, Debt Ratio fell 52.34% year-over-year to 0.13; the trailing twelve-month figure through Apr 2026 stood at 0.13 (down 52.34% YoY), and the FY2025 full-year result was 0.14, down 53.74% from the prior year.
• Debt Ratio for Q2 2026 stood at 0.13, down from 0.14 in the prior quarter.
• The five-year high for Debt Ratio was 0.37 in Q3 2022, with the low at 0.13 in Q2 2026.
• Historically, Debt Ratio has averaged 0.3 across 5 years, with a median of 0.32 in 2024.
• Annual changes were most pronounced in 2022 — Debt Ratio jumped 54.31% — and 2025, when it slumped 53.74%.
• Novanta's Debt Ratio stood at 0.35 in 2022, then slipped by 17.62% to 0.29 in 2023, then advanced by 3.82% to 0.3 in 2024, then plunged by 53.74% to 0.14 in 2025, then slipped by 3.32% to 0.13 in 2026.
• The last three Debt Ratio figures came in at 0.13 (Q2 2026), 0.14 (Q4 2025), and 0.3 (Q3 2025), per Business Quant data.