Novanta Depreciation And Amortization from 2010 to 2024

NOVT Stock  USD 169.79  5.07  3.08%   
Novanta Depreciation And Amortization yearly trend continues to be comparatively stable with very little volatility. Depreciation And Amortization will likely drop to about 23.7 M in 2024. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
1999-03-31
Previous Quarter
14.1 M
Current Value
14.2 M
Quarterly Volatility
3.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Novanta financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novanta's main balance sheet or income statement drivers, such as Depreciation And Amortization of 23.7 M, Interest Expense of 27.1 M or Total Revenue of 925.7 M, as well as many indicators such as Price To Sales Ratio of 7.19, Dividend Yield of 0.0 or PTB Ratio of 9.41. Novanta financial statements analysis is a perfect complement when working with Novanta Valuation or Volatility modules.
  
Check out the analysis of Novanta Correlation against competitors.
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Latest Novanta's Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of Novanta over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Novanta's Depreciation And Amortization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Novanta's overall financial position and show how it may be relating to other accounts over time.
Depreciation And Amortization10 Years Trend
Slightly volatile
   Depreciation And Amortization   
       Timeline  

Novanta Depreciation And Amortization Regression Statistics

Arithmetic Mean28,619,735
Geometric Mean25,002,163
Coefficient Of Variation47.75
Mean Deviation11,627,848
Median23,797,000
Standard Deviation13,666,377
Sample Variance186.8T
Range47.6M
R-Value0.82
Mean Square Error65.1T
R-Squared0.68
Significance0.0002
Slope2,513,072
Total Sum of Squares2614.8T

Novanta Depreciation And Amortization History

202423.7 M
202346.6 M
202253.2 M
202143.4 M
202038.3 M
201938.3 M
201837.1 M

About Novanta Financial Statements

Novanta shareholders use historical fundamental indicators, such as Depreciation And Amortization, to determine how well the company is positioned to perform in the future. Although Novanta investors may analyze each financial statement separately, they are all interrelated. The changes in Novanta's assets and liabilities, for example, are also reflected in the revenues and expenses on on Novanta's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Depreciation And Amortization46.6 M23.7 M

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Additional Tools for Novanta Stock Analysis

When running Novanta's price analysis, check to measure Novanta's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Novanta is operating at the current time. Most of Novanta's value examination focuses on studying past and present price action to predict the probability of Novanta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novanta's price. Additionally, you may evaluate how the addition of Novanta to your portfolios can decrease your overall portfolio volatility.