Novanta Inc. Tangible Equity Units

NYSE:NOVTU USA Scientific & Technical Instruments
Market Cap
$489.67K
Market Cap Rank
#37429 Global
#12186 in USA
Share Price
$54.36
Change (1 day)
+1.10%
52-Week Range
$51.83 - $63.97
All Time High
$63.97
About

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. Tangible Equity Units (NOVTU) - Cash Flow Conversion Efficiency

Latest cash flow conversion efficiency as of September 2025: 0.011x

Based on the latest financial reports, Novanta Inc. Tangible Equity Units (NOVTU) 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. Tangible Equity Units - Cash Flow Conversion Efficiency Trend (2021–2024)

This chart illustrates how Novanta Inc. Tangible Equity Units'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. Tangible Equity Units Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Novanta Inc. Tangible Equity Units ranked by their cash flow conversion efficiency.

Annual Cash Flow Conversion Efficiency for Novanta Inc. Tangible Equity Units (2021–2024)

The table below shows the annual cash flow conversion efficiency of Novanta Inc. Tangible Equity Units from 2021 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 --