Novanta Inc (1GSN) — Defensive Interval Ratio
Novanta Inc (1GSN) has a Defensive Interval Ratio of 333 days as of September 2025. Defensive assets of €170.56 Million (cash €-, short-term investments €-, receivables €170.56 Million) cover 333 days of daily cash needs of €511.95K/day. Check Novanta Inc (1GSN) tangible net worth to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Novanta Inc Defensive Interval Ratio (2015–2024)
This chart shows how Novanta Inc's Defensive Interval Ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 333 days, meaning defensive assets of €170.56 Million can fund 333 days of operations without new revenue. Also explore Novanta Inc annual equity growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Novanta Inc (2015–2024)
The table below presents the year-by-year Defensive Interval Ratio for Novanta Inc from 2015 to 2024, covering 10 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see 1GSN market cap.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 329 days | €151.03 Million | €459.70K/day | €- | €- | ▼ -37 days |
| 2023 | 366 days | €139.41 Million | €381.30K/day | €- | €- | ▲ +60 days |
| 2022 | 305 days | €137.70 Million | €450.75K/day | €- | €- | ▲ +76 days |
| 2021 | 229 days | €115.62 Million | €503.94K/day | €- | €- | ▼ -10 days |
| 2020 | 240 days | €75.05 Million | €312.96K/day | €- | €- | ▼ -7 days |
| 2019 | 247 days | €91.08 Million | €369.44K/day | €- | €- | ▼ -48 days |
| 2018 | 294 days | €83.95 Million | €285.47K/day | €- | €- | ▼ -9 days |
| 2017 | 303 days | €81.48 Million | €268.95K/day | €- | €- | ▼ -27 days |
| 2016 | 330 days | €63.77 Million | €193.14K/day | €- | €- | ▼ -36 days |
| 2015 | 367 days | €57.19 Million | €156.04K/day | €- | €- | — |