Novanta Inc financial data

Symbol
NOVT on Nasdaq
Industry
Miscellaneous Electrical Machinery, Equipment & Supplies
Location
125 Middlesex Turnpike, ., Bedford, Massachusetts
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%