Novanta Net Borrowings from 2010 to 2024

NOVT Stock  USD 169.79  5.07  3.08%   
Novanta Net Borrowings yearly trend continues to be comparatively stable with very little volatility. Net Borrowings will likely drop to about 9.2 M in 2024. Net Borrowings is the difference between the amount of new debt Novanta has taken on and the amount of debt it has paid off during a given period. View All Fundamentals
 
Net Borrowings  
First Reported
2012-03-31
Previous Quarter
-15.3 M
Current Value
-15.2 M
Quarterly Volatility
46.6 M
 
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 Net Borrowings Growth Pattern

Below is the plot of the Net Borrowings of Novanta over the last few years. It is the difference between the amount of new debt a company has taken on and the amount of debt it has paid off during a given period. Novanta's Net Borrowings 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.
Net Borrowings10 Years Trend
Slightly volatile
   Net Borrowings   
       Timeline  

Novanta Net Borrowings Regression Statistics

Arithmetic Mean20,095,523
Coefficient Of Variation391.70
Mean Deviation50,636,521
Median8,420,000
Standard Deviation78,713,644
Sample Variance6195.8T
Range290.7M
R-Value0.32
Mean Square Error6005.6T
R-Squared0.1
Significance0.25
Slope5,564,182
Total Sum of Squares86741.7T

Novanta Net Borrowings History

20249.2 M
20239.7 M
20228.4 M
2021247.6 M
2020-37 M
201913.4 M
2018-19.4 M

About Novanta Financial Statements

Novanta shareholders use historical fundamental indicators, such as Net Borrowings, 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
Net Borrowings9.7 M9.2 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.