Novanta Inc (NOVT) — Cash Flow Quality Index
Novanta Inc (NOVT) has a Cash Flow Quality Index of 0.80x as of September 2025. Operating cash flow of $8.49 Million is below net income of $10.65 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Novanta Inc long-term investment intensity to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Novanta Inc Cash Flow Quality Index (2000–2024)
Historical Cash Flow Quality Index for Novanta Inc across 18 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Novanta Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Novanta Inc (2000–2024)
Year-by-year earnings quality comparison for Novanta Inc. For live market cap and the full company financial profile, see market cap of Novanta Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 2.47x | $158.51 Million | $64.09 Million | ▲ +50.1% |
| 2023 | 1.65x | $120.08 Million | $72.88 Million | ▲ +34.4% |
| 2022 | 1.23x | $90.78 Million | $74.05 Million | ▼ -34.8% |
| 2021 | 1.88x | $94.62 Million | $50.33 Million | ▼ -40.3% |
| 2020 | 3.15x | $140.24 Million | $44.52 Million | ▲ +103.1% |
| 2019 | 1.55x | $63.25 Million | $40.77 Million | ▼ -11.9% |
| 2018 | 1.76x | $89.65 Million | $50.89 Million | ▲ +73.2% |
| 2017 | 1.02x | $63.38 Million | $62.31 Million | ▼ -53.2% |
| 2016 | 2.17x | $47.79 Million | $22.00 Million | ▲ +131.6% |
| 2015 | 0.94x | $33.42 Million | $35.63 Million | ▼ -86.1% |
| 2013 | 6.73x | $49.20 Million | $7.31 Million | ▲ +363.6% |
| 2012 | 1.45x | $28.43 Million | $19.58 Million | ▼ -6.8% |
| 2011 | 1.56x | $45.17 Million | $29.00 Million | ▼ -37.0% |
| 2007 | 2.47x | $37.49 Million | $15.15 Million | ▲ +52.6% |
| 2006 | 1.62x | $35.26 Million | $21.74 Million | ▲ +221.9% |
| 2005 | 0.50x | $4.86 Million | $9.66 Million | ▼ -41.0% |
| 2004 | 0.85x | $35.40 Million | $41.47 Million | ▲ +479.0% |
| 2000 | -0.23x | $-10.22 Million | $45.38 Million | — |