Novanta Inc financial data

Symbol
NOVT on Nasdaq
Location
125 Middlesex Turnpike, ., Bedford, MA
State of incorporation
New Brunswick, Canada
Fiscal year end
December 31
Former names
GSI GROUP INC (to 5/6/2016), GSI LUMONICS INC (to 6/14/2005), GSI LUMONICS (to 3/31/1999), LUMONICS INC (to 2/11/1999)
Latest financial report
10-Q - Q2 2024 - Aug 6, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 285 % +3.98%
Quick Ratio 107 % -2.42%
Debt-to-equity 93.5 % -14.5%
Return On Equity 9.2 % -29.9%
Return On Assets 4.75 % -24.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 35.9M shares +0.27%
Common Stock, Shares, Outstanding 35.9M shares +0.24%
Common Stock, Value, Issued 424M USD 0%
Weighted Average Number of Shares Outstanding, Basic 35.9M shares +0.27%
Weighted Average Number of Shares Outstanding, Diluted 36.1M shares +0.17%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 900M USD +1.12%
Research and Development Expense 92.5M USD +3.34%
Operating Income (Loss) 103M USD -9.39%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 72.8M USD -19.8%
Income Tax Expense (Benefit) 10.6M USD -23.1%
Net Income (Loss) Attributable to Parent 62.2M USD -19.2%
Earnings Per Share, Basic 1.73 USD/shares -19.5%
Earnings Per Share, Diluted 1.72 USD/shares -19.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 98.5M USD +7.82%
Accounts Receivable, after Allowance for Credit Loss, Current 145M USD +0.13%
Inventory, Net 160M USD -1.76%
Assets, Current 425M USD +2.52%
Deferred Income Tax Assets, Net 15.7M USD -25.8%
Property, Plant and Equipment, Net 115M USD +10.6%
Operating Lease, Right-of-Use Asset 43.6M USD +0.83%
Intangible Assets, Net (Excluding Goodwill) 207M USD +28.6%
Goodwill 587M USD +21.4%
Other Assets, Noncurrent 5.68M USD -0.6%
Assets 1.4B USD +13.5%
Accounts Payable, Current 71M USD +9.89%
Employee-related Liabilities, Current 25.4M USD +0.14%
Contract with Customer, Liability, Current 7.14M USD +12.1%
Liabilities, Current 153M USD +12.9%
Accrued Income Taxes, Noncurrent 4.82M USD +3.33%
Deferred Income Tax Liabilities, Net 14.4M USD -10.7%
Operating Lease, Liability, Noncurrent 41.3M USD +1.35%
Other Liabilities, Noncurrent 5.46M USD -1.87%
Liabilities 697M USD +14.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -27.4M USD -9.35%
Retained Earnings (Accumulated Deficit) 232M USD +36.6%
Stockholders' Equity Attributable to Parent 702M USD +12.1%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 702M USD +12.1%
Liabilities and Equity 1.4B USD +13.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 32.8M USD +220%
Net Cash Provided by (Used in) Financing Activities 153M USD
Net Cash Provided by (Used in) Investing Activities -198M USD -5359%
Common Stock, Shares, Issued 35.9M shares +0.24%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -11.5M USD +33.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 7.85M USD +27.9%
Deferred Tax Assets, Valuation Allowance 16.7M USD +14.5%
Deferred Tax Assets, Gross 72.6M USD +27.7%
Operating Lease, Liability 51M USD +4.99%
Payments to Acquire Property, Plant, and Equipment 6.42M USD +77.2%
Lessee, Operating Lease, Liability, to be Paid 61.9M USD +3.28%
Property, Plant and Equipment, Gross 213M USD +8.29%
Operating Lease, Liability, Current 9.76M USD +23.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two 9.57M USD +2.4%
Lessee, Operating Lease, Liability, to be Paid, Year One 11.4M USD +19.6%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) -3.71M USD -0.43%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 10.9M USD -4.03%
Lessee, Operating Lease, Liability, to be Paid, Year Three 8.2M USD +2.78%
Deferred Tax Assets, Operating Loss Carryforwards 11.3M USD +13.3%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 7M shares 0%
Unrecognized Tax Benefits 4.34M USD +2.21%
Lessee, Operating Lease, Liability, to be Paid, Year Four 5.54M USD -21.9%
Operating Lease, Payments 2.12M USD +6.79%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 22.9M USD +3.87%
Depreciation, Depletion and Amortization 50M USD +2.08%
Deferred Tax Assets, Net of Valuation Allowance 55.9M USD +32.3%
Share-based Payment Arrangement, Expense 25.6M USD +8.31%