Novanta Inc (NOVT)
164.06
-10.36
(-5.94%)
USD |
NASDAQ |
Nov 05, 14:52
Novanta Debt to Equity Ratio: 0.6865 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.6865 |
| March 31, 2024 | 0.7535 |
| December 31, 2023 | 0.5262 |
| September 30, 2023 | 0.5468 |
| June 30, 2023 | 0.6525 |
| March 31, 2023 | 0.7081 |
| December 31, 2022 | 0.7539 |
| September 30, 2022 | 0.8167 |
| June 30, 2022 | 0.7655 |
| March 31, 2022 | 0.7808 |
| December 31, 2021 | 0.8334 |
| September 30, 2021 | 0.8939 |
| June 30, 2021 | 0.3898 |
| March 31, 2021 | 0.402 |
| December 31, 2020 | 0.4204 |
| September 30, 2020 | 0.4285 |
| June 30, 2020 | 0.5024 |
| March 31, 2020 | 0.5123 |
| December 31, 2019 | 0.5282 |
| September 30, 2019 | 0.5647 |
| June 30, 2019 | 0.5556 |
| March 31, 2019 | 0.5279 |
| December 31, 2018 | 0.5631 |
| September 30, 2018 | 0.7129 |
| June 30, 2018 | 0.732 |
| Date | Value |
|---|---|
| March 31, 2018 | 0.732 |
| December 31, 2017 | 0.7531 |
| September 30, 2017 | 0.787 |
| June 30, 2017 | 0.3663 |
| March 31, 2017 | 0.4019 |
| December 31, 2016 | 0.301 |
| September 30, 2016 | 0.3096 |
| June 30, 2016 | 0.3467 |
| March 31, 2016 | 0.3809 |
| December 31, 2015 | 0.3915 |
| September 30, 2015 | 0.4478 |
| June 30, 2015 | 0.4956 |
| March 31, 2015 | 0.5839 |
| December 31, 2014 | 0.533 |
| September 30, 2014 | 0.4907 |
| June 30, 2014 | 0.5476 |
| March 31, 2014 | 0.5617 |
| December 31, 2013 | 0.2955 |
| September 30, 2013 | 0.3366 |
| June 30, 2013 | 0.4208 |
| March 31, 2013 | 0.4562 |
| December 31, 2012 | 0.2195 |
| September 30, 2012 | 0.2172 |
| June 30, 2012 | 0.2432 |
| March 31, 2012 | 0.2606 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.3898
Minimum
Jun 2021
0.8939
Maximum
Sep 2021
0.6264
Average
0.6525
Median
Jun 2023
Debt to Equity Ratio Benchmarks
| Amphenol Corp | 0.5802 |
| Optical Cable Corp | 0.4875 |
| KULR Technology Group Inc | 0.2325 |
| Bel Fuse Inc | 0.1633 |
| OSI Systems Inc | 0.9349 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.399B |
| Total Liabilities (Quarterly) | 696.58M |
| Shareholders Equity (Quarterly) | 701.99M |
| Current Ratio | 2.768 |
| Net Debt Paydown Yield | -0.20% |