Novanta (NOVTU) Interest Expenses (2010 - 2012)
Novanta (NOVTU) reported Interest Expenses of $828000.0 for 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.
Novanta (NOVTU) Interest Expenses (2010 - 2012) Analysis & Trends
Novanta has reported Interest Expenses for 3 years, with the latest figure at $828000.0 in Q1 2012.
- For the quarter ending Q1 2012, Interest Expenses fell 77.44% year-over-year to $828000.0; the trailing twelve-month figure through Dec 2012 stood at $828000.0 (down 93.66% YoY), and the FY2011 full-year result was $13.1 million, down 34.39% from the prior year.
- Interest Expenses for Q1 2012 stood at $828000.0, down from $2.7 million in the prior quarter.
- The five-year high for Interest Expenses was $5.7 million in Q3 2010, with the low at $828000.0 in Q1 2012.
- Historically, Interest Expenses has averaged $3.5 million across 3 years, with a median of $3.5 million in 2011.
- Annual changes were most pronounced in 2011 — Interest Expenses retreated 25.79% — and 2012, when it tumbled 77.44%.
- Novanta's Interest Expenses stood at $3.9 million in 2010, then plunged by 31.41% to $2.7 million in 2011, then tumbled by 69.28% to $828000.0 in 2012.
- The last three Interest Expenses figures came in at $828000.0 (Q1 2012), $2.7 million (Q4 2011), and $3.3 million (Q3 2011), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 44.56 Mn |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 29.00 Mn |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | - |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 12.30 Mn |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 45.00 Mn |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | -31.60 Mn |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 19.50 Mn |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | - |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | - |
| 10 | Novanta | - | - | 113.58 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 30, 2012 | 828,000.00 |
| Mar 30, 2012 | 828,000.00 |
| Dec 31, 2011 | 2.70 Mn |
| Dec 31, 2011 | 2.70 Mn |
| Sep 30, 2011 | 3.28 Mn |
| Sep 30, 2011 | 3.28 Mn |
| Jul 1, 2011 | 3.41 Mn |
| Jul 1, 2011 | 3.41 Mn |
| Apr 1, 2011 | 3.67 Mn |
| Apr 1, 2011 | 3.67 Mn |
| Dec 31, 2010 | 3.93 Mn |
| Dec 31, 2010 | 3.93 Mn |
| Oct 1, 2010 | 4.42 Mn |
| Oct 1, 2010 | 4.42 Mn |
| Jul 2, 2010 | 5.75 Mn |
| Jul 2, 2010 | 5.75 Mn |