Novanta Current Ratio Growth & History (NOVT)

Novanta's current ratio was 3.69 for fiscal 2025.

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Novanta annual current ratio history

Novanta annual current ratio

Fiscal yearPeriod endedCurrent ratioChangeGrowth
20252025-12-313.691.10+42.59%
20242024-12-312.58−0.40−13.39%
20232023-12-312.980.43+16.74%
20222022-12-312.560.52+25.77%
20212021-12-312.03−0.63−23.68%
20202020-12-312.660.40+17.92%
20192019-12-312.26−0.45−16.49%
20182018-12-312.70−0.23−7.78%
20172017-12-312.930.11+3.75%
20162016-12-312.83−0.43−13.09%
20152015-12-313.25−0.14−4.02%
20142014-12-313.390.11+3.33%
20132013-12-313.28−0.52−13.60%
20122012-12-313.800.17+4.60%
20112011-12-313.63−0.05−1.42%
20102010-12-313.68

Novanta current ratio trends

Over the last five fiscal years, Novanta's current ratio increased from 2.66 to 3.69, a change of 1.02. The latest reported quarter, Q2 2026, shows 4.57.

About the metric

What the current ratio means

The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.

Calculation and source

How the current ratio is calculated

TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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