Novanta Interest Expense from 2010 to 2024

NOVT Stock  USD 169.79  5.07  3.08%   
Novanta Interest Expense yearly trend continues to be comparatively stable with very little volatility. Interest Expense is likely to outpace its year average in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
1999-03-31
Previous Quarter
8.3 M
Current Value
8.1 M
Quarterly Volatility
27.4 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 Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Novanta over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Novanta's Interest Expense 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.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Novanta Interest Expense Regression Statistics

Arithmetic Mean9,473,727
Geometric Mean0.00
Coefficient Of Variation83.71
Mean Deviation5,873,369
Median7,165,000
Standard Deviation7,930,039
Sample Variance62.9T
Range27.1M
R-Value0.73
Mean Square Error31.6T
R-Squared0.53
Significance0
Slope1,294,469
Total Sum of Squares880.4T

Novanta Interest Expense History

202427.1 M
202325.8 M
202215.6 M
20217.4 M
20206.6 M
20198.5 M
20189.8 M

About Novanta Financial Statements

Novanta shareholders use historical fundamental indicators, such as Interest Expense, 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
Interest Expense25.8 M27.1 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.