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
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 292 % +18.7%
Quick Ratio 111 % +13.1%
Debt-to-equity 92.8 % -20.6%
Return On Equity 10.6 % -19.2%
Return On Assets 5.47 % -9.13%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 35.9 M shares +0.25%
Common Stock, Shares, Outstanding 35.9 M shares +0.25%
Common Stock, Value, Issued 424 M USD 0%
Weighted Average Number of Shares Outstanding, Basic 35.9 M shares +0.29%
Weighted Average Number of Shares Outstanding, Diluted 36.1 M shares +0.36%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 893 M USD +2.01%
Research and Development Expense 92.1 M USD +5.05%
Operating Income (Loss) 110 M USD +4.46%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 80.9 M USD -6.12%
Income Tax Expense (Benefit) 11.6 M USD -8.38%
Net Income (Loss) Attributable to Parent 69.3 M USD -5.72%
Earnings Per Share, Basic 1.93 USD/shares -6.31%
Earnings Per Share, Diluted 1.92 USD/shares -5.88%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 93.5 M USD +13.1%
Accounts Receivable, after Allowance for Credit Loss, Current 151 M USD +6.67%
Inventory, Net 161 M USD -3.18%
Assets, Current 429 M USD +5.94%
Deferred Income Tax Assets, Net 13.2 M USD -27.2%
Property, Plant and Equipment, Net 113 M USD +9.13%
Operating Lease, Right-of-Use Asset 44.6 M USD +6.4%
Intangible Assets, Net (Excluding Goodwill) 215 M USD +27.4%
Goodwill 590 M USD +22.2%
Other Assets, Noncurrent 5.47 M USD -1.25%
Assets 1.41 B USD +15.1%
Accounts Payable, Current 71.4 M USD +8.17%
Employee-related Liabilities, Current 23.8 M USD +7.9%
Contract with Customer, Liability, Current 6.32 M USD -8.94%
Liabilities, Current 151 M USD +6.36%
Accrued Income Taxes, Noncurrent 4.69 M USD +3.88%
Deferred Income Tax Liabilities, Net 15.2 M USD -10.3%
Operating Lease, Liability, Noncurrent 42.9 M USD +8.46%
Other Liabilities, Noncurrent 5.77 M USD -1.22%
Liabilities 729 M USD +16.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax -28.2 M USD -5.4%
Retained Earnings (Accumulated Deficit) 218 M USD +46.6%
Stockholders' Equity Attributable to Parent 682 M USD +14%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 682 M USD +14%
Liabilities and Equity 1.41 B USD +15.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 32.8 M USD +220%
Net Cash Provided by (Used in) Financing Activities 153 M USD
Net Cash Provided by (Used in) Investing Activities -198 M USD -5359%
Common Stock, Shares, Issued 35.9 M shares +0.25%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -11.5 M USD +33.8%
Interest Paid, Excluding Capitalized Interest, Operating Activities 7.85 M USD +27.9%
Deferred Tax Assets, Valuation Allowance 16.7 M USD +14.5%
Deferred Tax Assets, Gross 72.6 M USD +27.7%
Operating Lease, Liability 52.2 M USD +10.4%
Depreciation 14 M USD +3.45%
Payments to Acquire Property, Plant, and Equipment 6.42 M USD +77.2%
Lessee, Operating Lease, Liability, to be Paid 63.6 M USD +8.74%
Property, Plant and Equipment, Gross 213 M USD +8.29%
Operating Lease, Liability, Current 9.24 M USD +20.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 9.27 M USD +10.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 11 M USD +22.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) -3.71 M USD -0.43%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 11.4 M USD +1.58%
Lessee, Operating Lease, Liability, to be Paid, Year Three 8.1 M USD +12.2%
Deferred Tax Assets, Operating Loss Carryforwards 11.3 M USD +13.3%
Preferred Stock, Shares Issued 0 shares
Current Income Tax Expense (Benefit) 25.6 M USD -19.4%
Preferred Stock, Shares Authorized 7 M shares 0%
Unrecognized Tax Benefits 4.34 M USD +2.21%
Lessee, Operating Lease, Liability, to be Paid, Year Four 5.53 M USD -13.1%
Operating Lease, Payments 2.12 M USD +6.79%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 21.1 M USD -12.4%
Depreciation, Depletion and Amortization 47.8 M USD -5.97%
Deferred Tax Assets, Net of Valuation Allowance 55.9 M USD +32.3%
Share-based Payment Arrangement, Expense 25.2 M USD +10.5%