Novanta Photonics (NOVT) - Long-Term Debt to Capital Coefficient

Corporate emblem and logo of Novanta Inc. (NOVT)

Novanta Inc. (NOVT) develops precision automation and lasers, whose integration into diagnostic equipment ensures a stable cash flow and high profitability. Business growth relies on the development of robotics and strong relationships with global vendors. The share price retrospective on GURU.Markets reflects the asset's dynamics, where the indicator is 0.14. Patent protection of unique sensors effectively blocks new players from entering the market.

NOVT Novanta Inc: Long-Term Debt to Equity in the range 07/04/2022 - 10/30/2026

Analytical breakdowns for Novanta Inc.

- share price and consensus valuation forecast:
Price Novanta Inc|NOVT - Analyst Consensus Forecast
- market capitalization indicators:
Market Value Novanta Inc.|NOVT - Enterprise Value
- balance sheet net asset value indicators:
Net Asset Value per Share Novanta|NOVT - Company Book Value|Market Value to Book Value novanta.com|NOVT - Company Total Assets
- debt and solvency information:
Total Debt to Capital Novanta Inc.|NOVT - Long-Term Debt to Equity|Current Liabilities to Equity novanta.com|NOVT - Company Aggregate Debts|Debts to Book Value Novanta Inc.|NOVT - Company Long-Term Liabilities|Company Short-Term Debts Novanta|Intermediate Liquidity Ratio novanta.com
- business earnings and investment ratios data:
NOVT - Net Profit
Summary company analysis:NOVT (Novanta Inc)
Core merchandise of Novanta Photonics

Investors use this ratio to assess financial stability and the degree of business reliance on borrowed funds for long-term planning. The long-term debt-to-equity ratio, currently 0.14, determines the ability of Novanta Inc. to finance the development of high-precision medical lasers and robotics, which is clearly evidenced by the trend of the long-term liabilities-to-equity ratio.

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