Novanta Historical Balance Sheet

NOVT Stock  USD 173.43  3.64  2.14%   
Trend analysis of Novanta balance sheet accounts such as Total Current Liabilities of 106.1 M provides information on Novanta's total assets, liabilities, and equity, which is the actual value of Novanta to its prevalent stockholders. By breaking down trends over time using Novanta balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Novanta latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Novanta is a good buy for the upcoming year.

Novanta Inventory

86.1 Million

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novanta. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Novanta Stock please use our How to Invest in Novanta guide.

About Novanta Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Novanta at a specified time, usually calculated after every quarter, six months, or one year. Novanta Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Novanta and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Novanta currently owns. An asset can also be divided into two categories, current and non-current.

Novanta Balance Sheet Chart

At this time, Novanta's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 434.1 M in 2024, whereas Accounts Payable is likely to drop slightly above 31.9 M in 2024.

Total Assets

Total assets refers to the total amount of Novanta assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Novanta books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Novanta balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Novanta are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Cash

Cash refers to the most liquid asset of Novanta, which is listed under current asset account on Novanta balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Novanta customers. The amounts must be unrestricted with restricted cash listed in a different Novanta account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most accounts from Novanta's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Novanta current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novanta. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
For more information on how to buy Novanta Stock please use our How to Invest in Novanta guide.At this time, Novanta's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 434.1 M in 2024, whereas Accounts Payable is likely to drop slightly above 31.9 M in 2024.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total480.2M476.3M404.6M424.8M
Total Assets1.2B1.2B1.2B1.3B

Novanta balance sheet Correlations

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0.80.820.850.940.670.730.790.480.940.860.820.080.840.810.540.870.850.360.170.880.490.880.320.860.45
0.670.640.780.750.570.620.590.360.680.760.690.210.760.540.450.720.570.280.060.730.440.640.320.860.4
0.490.420.240.440.530.540.350.440.40.70.50.160.70.350.240.430.360.20.30.430.430.460.680.450.4
Click cells to compare fundamentals

Novanta Account Relationship Matchups

Novanta balance sheet Accounts

201920202021202220232024 (projected)
Total Assets869.7M865.2M1.2B1.2B1.2B1.3B
Short Long Term Debt Total254.5M233.2M480.2M476.3M404.6M424.8M
Other Current Liab74.0M37.9M90.9M54.2M54.8M42.9M
Total Current Liabilities134.8M114.2M183.9M164.5M139.2M106.1M
Total Stockholder Equity417.2M476.8M521.3M577.6M673.5M707.1M
Property Plant And Equipment Net112.7M113.1M135.8M146.5M147.8M155.1M
Net Debt175.5M108.2M362.8M376.2M299.5M314.5M
Retained Earnings(38.3M)6.2M56.5M130.6M203.5M213.6M
Accounts Payable52.6M43.0M68.5M75.2M57.2M31.9M
Cash78.9M125.1M117.4M100.1M105.1M90.8M
Non Current Assets Total565.2M561.0M854.1M820.7M810.8M851.3M
Non Currrent Assets Other11.6M13.4M17.8M4.4M5.6M10.9M
Cash And Short Term Investments78.9M125.1M117.4M100.1M105.1M98.9M
Net Receivables91.1M75.1M115.6M137.7M139.4M79.9M
Common Stock Shares Outstanding35.5M35.7M35.8M35.9M36.0M26.5M
Liabilities And Stockholders Equity869.7M865.2M1.2B1.2B1.2B1.3B
Non Current Liabilities Total317.7M274.1M522.7M499.1M413.4M434.1M
Inventory116.6M92.7M125.7M168.0M149.4M86.1M
Other Current Assets17.9M19.4M28.2M14.7M21.5M17.7M
Other Stockholder Equity49.7M59.0M53.8M55.2M70.2M39.3M
Total Liab452.6M388.4M706.6M663.6M552.6M580.2M
Property Plant And Equipment Gross112.7M113.1M135.8M146.5M250.8M263.3M
Total Current Assets304.5M304.2M373.8M420.5M415.3M287.7M
Accumulated Other Comprehensive Income(18.1M)(12.2M)(12.9M)(32.0M)(24.0M)(22.8M)
Short Term Debt5.0M21.4M13.0M13.3M13.9M23.6M
Intangible Assets166.2M148.5M221.0M175.8M145.0M85.0M
Other Liab53.4M40.5M47.6M23.0M26.4M33.4M
Other Assets11.6M47.8M17.8M19.5M22.5M17.3M
Long Term Debt215.3M194.9M429.4M430.7M349.4M189.9M
Property Plant Equipment77.6M78.7M135.8M103.2M118.7M124.6M
Good Will274.7M286.0M479.5M478.9M484.5M508.7M
Current Deferred Revenue3.2M6.2M7.0M8.1M5.6M9.7M
Net Tangible Assets(23.7M)42.3M(179.2M)(77.1M)(69.4M)(65.9M)
Retained Earnings Total Equity(38.3M)6.2M56.5M130.6M150.2M157.7M
Long Term Debt Total215.3M194.9M429.4M430.7M495.3M520.0M
Capital Surpluse49.7M59.0M53.8M55.2M63.4M42.5M

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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.