Novanta Inc (NOVT)

Exchange
NASDAQ
Symbol
NOVT
Sector
Manufacturing
Industry
Miscellaneous Electrical Machinery, Equipment & Supplies
Description
Novanta Inc. designs, manufactures, markets and sells precision motion, vision and photonics components and subsystems to original equipment manufacturers in the medical and industrial markets worldwide. The company is headquartered in Bedford, Massachusetts.
Country
USA

Stock price

At close: October 4, 2024

  • Open
    175.40
  • High
    176.42
  • Low
    172.03
  • Close
    175.00
  • Volume
    125,589

Financial ratios

Dec 31, 2023

Activity ratios
Inventory turnover
4.61
Receivables turnover
6.31
Payables turnover
12.04
Working capital turnover
3.19
Days of inventory on hand (DOH)
79.19
Days of sales outstanding (DSO)
57.84
Number of days of payables
30.32
Fixed asset turnover
8.04
Total asset turnover
0.72
 Liquidity ratios
Current ratio
2.98
Quick ratio
1.76
Cash ratio
0.75
Cash conversion cycle
106.70
 Solvency ratios
Debt-to-assets ratio
0.28
Debt-to-capital ratio
0.34
Debt-to-equity ratio
0.52
Financial leverage ratio
1.82
Interest coverage
74.96
 Profitability ratios
Gross profit margin
45.45%
Operating profit margin
12.56%
Pretax margin
9.52%
Net profit margin
8.28%
Operating return on assets (Operating ROA)
9.01%
Return on assets (ROA)
5.94%
Return on total capital
10.80%
Return on equity (ROE)
10.82%