Novanta Other Current Liab from 2010 to 2024

NOVT Stock  USD 166.73  2.01  1.22%   
Novanta Other Current Liabilities yearly trend continues to be comparatively stable with very little volatility. Other Current Liabilities will likely drop to about 42.9 M in 2024. From the period from 2010 to 2024, Novanta Other Current Liabilities quarterly data regression had r-value of  0.68 and coefficient of variation of  56.91. View All Fundamentals
 
Other Current Liabilities  
First Reported
1999-03-31
Previous Quarter
46.7 M
Current Value
31.3 M
Quarterly Volatility
24.3 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 Current Liab Growth Pattern

Below is the plot of the Other Current Liab of Novanta over the last few years. It is Novanta's Other Current Liabilities 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 Current Liab10 Years Trend
Slightly volatile
   Other Current Liab   
       Timeline  

Novanta Other Current Liab Regression Statistics

Arithmetic Mean39,793,291
Geometric Mean28,060,340
Coefficient Of Variation56.91
Mean Deviation17,155,777
Median37,887,000
Standard Deviation22,646,362
Sample Variance512.9T
Range90.6M
R-Value0.68
Mean Square Error296.2T
R-Squared0.46
Significance0.01
Slope3,448,413
Total Sum of Squares7180T

Novanta Other Current Liab History

202442.9 M
202354.8 M
202254.2 M
202190.9 M
202037.9 M
201974 M
201844.8 M

About Novanta Financial Statements

Novanta shareholders use historical fundamental indicators, such as Other Current Liab, 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 Current Liabilities54.8 M42.9 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.