Novanta Inc
Novanta Inc., together with its subsidiaries, provides precision medicine, precision manufacturing, medical solutions, robotics and automation solutions, and advanced surgery solutions in the United States and internationally. It operates in two segments, Automation Enabling Technologies and Medical Solutions. The Precision Medicine and Manufacturing segment designs, manufactures, and markets las… Read more
Novanta Inc (NOVT) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.011x
Based on the latest financial reports, Novanta Inc (NOVT) has a cash flow conversion efficiency ratio of 0.011x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($8.49 Million) by net assets ($801.48 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Novanta Inc - Cash Flow Conversion Efficiency Trend (1998–2024)
This chart illustrates how Novanta Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Novanta Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Novanta Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Brinks Company
NYSE:BCO
|
0.917x |
|
Xinyi Solar Holdings Limited
PINK:XISHY
|
0.048x |
|
Embotelladora Andina S.A
NYSE:AKO-B
|
0.166x |
|
Neste Oyj
PINK:NTOIF
|
0.146x |
|
PT Bayan Resources Tbk
F:BNB
|
0.267x |
|
ATLANTIC UNION BANKS.DL 2
F:UIO
|
N/A |
|
Contact Energy Ltd
AU:CEN
|
0.066x |
|
Ho Chi Minh City Development Joint Stock Commercial Bank
VN:HDB
|
0.622x |
Annual Cash Flow Conversion Efficiency for Novanta Inc (1998–2024)
The table below shows the annual cash flow conversion efficiency of Novanta Inc from 1998 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $745.70 Million | $158.51 Million | 0.213x | +19.22% |
| 2023-12-31 | $673.46 Million | $120.08 Million | 0.178x | +13.44% |
| 2022-12-31 | $577.59 Million | $90.78 Million | 0.157x | -13.41% |
| 2021-12-31 | $521.29 Million | $94.62 Million | 0.182x | -38.28% |
| 2020-12-31 | $476.81 Million | $140.24 Million | 0.294x | +94.00% |
| 2019-12-31 | $417.17 Million | $63.25 Million | 0.152x | -37.72% |
| 2018-12-31 | $368.25 Million | $89.65 Million | 0.243x | +37.69% |
| 2017-12-31 | $358.47 Million | $63.38 Million | 0.177x | -4.23% |
| 2016-12-31 | $258.87 Million | $47.79 Million | 0.185x | +35.18% |
| 2015-12-31 | $244.70 Million | $33.42 Million | 0.137x | -31.78% |
| 2014-12-31 | $211.25 Million | $42.29 Million | 0.200x | -1.37% |
| 2013-12-31 | $242.40 Million | $49.20 Million | 0.203x | +62.92% |
| 2012-12-31 | $228.21 Million | $28.43 Million | 0.125x | -42.26% |
| 2011-12-31 | $209.36 Million | $45.17 Million | 0.216x | +469.40% |
| 2010-12-31 | $81.12 Million | $-4.74 Million | -0.058x | -122.96% |
| 2009-12-31 | $152.90 Million | $38.90 Million | 0.254x | 0.00% |
| 2008-12-31 | $152.90 Million | $38.90 Million | 0.254x | +88.84% |
| 2007-12-31 | $278.24 Million | $37.49 Million | 0.135x | +31.11% |
| 2006-12-31 | $343.07 Million | $35.26 Million | 0.103x | +547.68% |
| 2005-12-31 | $306.56 Million | $4.86 Million | 0.016x | -86.30% |
| 2004-12-31 | $305.56 Million | $35.40 Million | 0.116x | +38.41% |
| 2003-12-31 | $260.79 Million | $21.83 Million | 0.084x | +81.78% |
| 2002-12-31 | $254.48 Million | $11.72 Million | 0.046x | +174.37% |
| 2001-12-31 | $282.33 Million | $-17.48 Million | -0.062x | -75.22% |
| 2000-12-31 | $289.27 Million | $-10.22 Million | -0.035x | -37.87% |
| 1999-12-31 | $171.70 Million | $-4.40 Million | -0.026x | +55.74% |
| 1998-12-31 | $120.90 Million | $-7.00 Million | -0.058x | -- |