Novanta Other Assets from 2010 to 2024

NOVT Stock  USD 173.43  3.64  2.14%   
Novanta Other Assets yearly trend continues to be comparatively stable with very little volatility. Other Assets will likely drop to about 17.3 M in 2024. From the period from 2010 to 2024, Novanta Other Assets quarterly data regression had r-value of  0.58 and coefficient of variation of  71.11. View All Fundamentals
 
Other Assets  
First Reported
2000-03-31
Previous Quarter
19.5 M
Current Value
26.9 M
Quarterly Volatility
85.1 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.
For more information on how to buy Novanta Stock please use our How to Invest in Novanta guide.

Latest Novanta's Other Assets Growth Pattern

Below is the plot of the Other Assets of Novanta over the last few years. It is Novanta's Other Assets 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.
Other Assets10 Years Trend
Slightly volatile
   Other Assets   
       Timeline  

Novanta Other Assets Regression Statistics

Arithmetic Mean15,064,366
Geometric Mean12,454,130
Coefficient Of Variation71.11
Mean Deviation7,349,905
Median11,761,000
Standard Deviation10,711,724
Sample Variance114.7T
Range43.5M
R-Value0.58
Mean Square Error82.3T
R-Squared0.33
Significance0.02
Slope1,383,605
Total Sum of Squares1606.4T

Novanta Other Assets History

202417.3 M
202322.5 M
202219.5 M
202117.8 M
202047.8 M
201911.6 M
201811.8 M

About Novanta Financial Statements

Novanta shareholders use historical fundamental indicators, such as Other Assets, 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
Other Assets22.5 M17.3 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.