Novanta (NOVTU) Debt Ratio (2010 - 2026)

Novanta (NOVTU) has reported Debt Ratio for 17 consecutive years, with 0.13 the latest figure, recorded in Q2 2026.

• Debt Ratio for Q2 2026 came in at 0.13, down 52.34% year-over-year; the trailing twelve-month figure through Apr 2026 was 0.13 (down 52.34% YoY), and the FY2025 annual result was 0.14, down 53.74% from the prior year.
• Debt Ratio was 0.13 for Q2 2026 at Novanta, down from 0.14 in the prior quarter.
• Over five years, Debt Ratio peaked at 0.37 in Q3 2022 and troughed at 0.13 in Q2 2026.
• Average Debt Ratio over 5 years is 0.3, with a median of 0.32 recorded in 2024.
• Year-over-year, Debt Ratio soared 54.31% in 2022 and plunged 53.74% in 2025.
• Over 5 years, Debt Ratio stood at 0.35 in 2022, then fell by 17.62% to 0.29 in 2023, then increased by 3.82% to 0.3 in 2024, then tumbled by 53.74% to 0.14 in 2025, then fell by 3.32% to 0.13 in 2026.
• Per Business Quant data, the three most recent Debt Ratio figures were 0.13 in Q2 2026, 0.14 in Q4 2025, and 0.3 in Q3 2025.