Novanta Dividend Paid And Capex Coverage Ratio from 2010 to 2024

NOVT Stock  USD 166.73  2.01  1.22%   
Novanta Dividend Paid And Capex Coverage Ratio yearly trend continues to be comparatively stable with very little volatility. Dividend Paid And Capex Coverage Ratio will likely drop to 3.07 in 2024. From the period from 2010 to 2024, Novanta Dividend Paid And Capex Coverage Ratio quarterly data regression had mean square error of  11.66 and mean deviation of  2.33. View All Fundamentals
 
Dividend Paid And Capex Coverage Ratio  
First Reported
2010-12-31
Previous Quarter
5.48629828
Current Value
3.07
Quarterly Volatility
3.30339885
 
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.
For more information on how to buy Novanta Stock please use our How to Invest in Novanta guide.

Latest Novanta's Dividend Paid And Capex Coverage Ratio Growth Pattern

Below is the plot of the Dividend Paid And Capex Coverage Ratio of Novanta over the last few years. It is Novanta's Dividend Paid And Capex Coverage Ratio 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.
Dividend Paid And Capex Coverage Ratio10 Years Trend
Very volatile
   Dividend Paid And Capex Coverage Ratio   
       Timeline  

Novanta Dividend Paid And Capex Coverage Ratio Regression Statistics

Arithmetic Mean6.31
Coefficient Of Variation52.38
Mean Deviation2.33
Median6.02
Standard Deviation3.30
Sample Variance10.91
Range13.7892
R-Value(0.09)
Mean Square Error11.66
R-Squared0.01
Significance0.75
Slope(0.07)
Total Sum of Squares152.77

Novanta Dividend Paid And Capex Coverage Ratio History

2024 3.07
2023 5.49
2022 4.62
2021 4.74
2020 13.33
2019 5.89
2018 6.12

About Novanta Financial Statements

Novanta shareholders use historical fundamental indicators, such as Dividend Paid And Capex Coverage Ratio, 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
Dividend Paid And Capex Coverage Ratio 5.49  3.07 

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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.