Novanta Debt-to-Equity Ratio Growth & History (NOVT)
Novanta's debt-to-equity ratio was 0.23 for fiscal 2025.
View full Novanta company overviewNovanta annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.23 | −0.40 | −63.53% |
| 2024 | 2024-12-31 | 0.63 | 0.03 | +5.15% |
| 2023 | 2023-12-31 | 0.60 | −0.25 | −29.10% |
| 2022 | 2022-12-31 | 0.85 | −0.10 | −10.48% |
| 2021 | 2021-12-31 | 0.95 | 0.41 | +76.94% |
| 2020 | 2020-12-31 | 0.53 | −0.13 | −19.05% |
| 2019 | 2019-12-31 | 0.66 | 0.08 | +13.37% |
| 2018 | 2018-12-31 | 0.58 | −0.20 | −25.13% |
| 2017 | 2017-12-31 | 0.78 | 0.45 | +134.28% |
| 2016 | 2016-12-31 | 0.33 | −0.10 | −22.54% |
| 2015 | 2015-12-31 | 0.43 | −0.15 | −25.79% |
| 2014 | 2014-12-31 | 0.58 | 0.28 | +95.66% |
| 2013 | 2013-12-31 | 0.30 | 0.08 | +34.62% |
| 2012 | 2012-12-31 | 0.22 | −0.15 | −41.19% |
| 2011 | 2011-12-31 | 0.37 | −0.23 | −38.13% |
| 2010 | 2010-12-31 | 0.60 | — | — |
Novanta quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-07-03 | 0.18 | −0.46 | −72.46% |
| Q1 2026 | 2026-04-03 | 0.22 | −0.35 | −61.35% |
| Q4 2025 | 2025-12-31 | 0.23 | −0.40 | −63.53% |
| Q3 2025 | 2025-09-26 | 0.63 | −0.06 | −9.02% |
| Q2 2025 | 2025-06-27 | 0.64 | −0.12 | −16.17% |
| Q1 2025 | 2025-03-28 | 0.57 | −0.26 | −31.28% |
| Q4 2024 | 2024-12-31 | 0.63 | 0.03 | +5.15% |
| Q3 2024 | 2024-09-27 | 0.69 | 0.07 | +10.58% |
| Q2 2024 | 2024-06-28 | 0.77 | 0.03 | +3.68% |
| Q1 2024 | 2024-03-29 | 0.84 | 0.04 | +5.15% |
| Q4 2023 | 2023-12-31 | 0.60 | −0.25 | −29.10% |
| Q3 2023 | 2023-09-29 | 0.63 | −0.29 | −31.62% |
| Q2 2023 | 2023-06-30 | 0.74 | −0.13 | −15.18% |
| Q1 2023 | 2023-03-31 | 0.80 | −0.09 | −10.36% |
| Q4 2022 | 2022-12-31 | 0.85 | −0.10 | −10.48% |
| Q3 2022 | 2022-09-30 | 0.92 | −0.09 | −8.62% |
| Q2 2022 | 2022-07-01 | 0.87 | 0.39 | +81.00% |
| Q1 2022 | 2022-04-01 | 0.89 | 0.39 | +80.16% |
| Q4 2021 | 2021-12-31 | 0.95 | 0.41 | +76.94% |
| Q3 2021 | 2021-10-01 | 1.00 | 0.46 | +83.23% |
| Q2 2021 | 2021-07-02 | 0.48 | −0.15 | −23.30% |
| Q1 2021 | 2021-04-02 | 0.49 | −0.15 | −23.13% |
| Q4 2020 | 2020-12-31 | 0.53 | −0.13 | −19.05% |
| Q3 2020 | 2020-10-02 | 0.55 | −0.15 | −21.54% |
| Q2 2020 | 2020-07-03 | 0.63 | −0.05 | −7.70% |
| Q1 2020 | 2020-04-03 | 0.64 | −0.00 | −0.66% |
| Q4 2019 | 2019-12-31 | 0.66 | 0.08 | +13.37% |
| Q3 2019 | 2019-09-27 | 0.70 | −0.02 | −2.16% |
| Q2 2019 | 2019-06-28 | 0.68 | −0.05 | −7.22% |
| Q1 2019 | 2019-03-29 | 0.65 | −0.09 | −11.86% |
| Q4 2018 | 2018-12-31 | 0.58 | −0.20 | −25.13% |
| Q3 2018 | 2018-09-28 | 0.71 | −0.10 | −12.23% |
| Q2 2018 | 2018-06-29 | 0.73 | 0.34 | +86.63% |
| Q1 2018 | 2018-03-30 | 0.73 | 0.30 | +70.59% |
| Q4 2017 | 2017-12-31 | 0.78 | 0.45 | +134.28% |
| Q3 2017 | 2017-09-29 | 0.81 | 0.47 | +137.32% |
| Q2 2017 | 2017-06-30 | 0.39 | 0.01 | +2.90% |
| Q1 2017 | 2017-03-31 | 0.43 | 0.01 | +2.88% |
| Q4 2016 | 2016-12-31 | 0.33 | −0.10 | −22.54% |
| Q3 2016 | 2016-09-30 | 0.34 | −0.14 | −29.53% |
| Q2 2016 | 2016-07-01 | 0.38 | −0.15 | −28.76% |
| Q1 2016 | 2016-04-01 | 0.42 | −0.21 | −33.67% |
| Q4 2015 | 2015-12-31 | 0.43 | −0.15 | −25.79% |
| Q3 2015 | 2015-10-02 | 0.49 | −0.01 | −1.03% |
| Q2 2015 | 2015-07-03 | 0.54 | −0.01 | −2.29% |
| Q1 2015 | 2015-04-03 | 0.63 | 0.07 | +11.95% |
| Q4 2014 | 2014-12-31 | 0.58 | 0.28 | +95.66% |
| Q3 2014 | 2014-09-26 | 0.49 | 0.15 | +45.78% |
| Q2 2014 | 2014-06-27 | 0.55 | 0.13 | +30.15% |
| Q1 2014 | 2014-03-28 | 0.56 | 0.11 | +23.12% |
| Q4 2013 | 2013-12-31 | 0.30 | 0.08 | +34.62% |
| Q3 2013 | 2013-09-27 | 0.34 | 0.12 | +54.98% |
| Q2 2013 | 2013-06-28 | 0.42 | 0.18 | +72.98% |
| Q1 2013 | 2013-03-29 | 0.46 | 0.20 | +75.07% |
| Q4 2012 | 2012-12-31 | 0.22 | −0.15 | −41.19% |
| Q3 2012 | 2012-09-28 | 0.22 | −0.14 | −38.33% |
| Q2 2012 | 2012-06-29 | 0.24 | −0.30 | −55.10% |
| Q1 2012 | 2012-03-30 | 0.26 | — | — |
| Q4 2011 | 2011-12-31 | 0.37 | −0.23 | −38.13% |
| Q3 2011 | 2011-09-30 | 0.35 | — | — |
| Q2 2011 | 2011-07-01 | 0.54 | — | — |
| Q4 2010 | 2010-12-31 | 0.60 | — | — |
Novanta debt-to-equity ratio trends
Over the last five fiscal years, Novanta's debt-to-equity ratio decreased from 0.53 to 0.23, a change of −0.30. The latest reported quarter, Q2 2026, shows 0.18.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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