Novanta Inc Defensive Interval Ratio
Novanta Inc defensive interval ratio. Novanta Inc (NOVT) has a Defensive Interval Ratio of 265 days as of June 2026. Defensive assets of $178.75 Million (cash $-, short-term investments $-, receivables $178.75 Million) cover 265 days of daily cash needs of $673.65K/day. See how liquid is Novanta Inc's working capital to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Novanta Inc (1998–2025)
Defensive interval ratio of Novanta Inc from 1998 to 2025. This chart shows how Novanta Inc's Defensive Interval Ratio has evolved across 28 annual periods from 1998 to 2025. As of June 2026, the ratio stands at 265 days, meaning defensive assets of $178.75 Million can fund 265 days of operations without new revenue. Check Novanta Inc (NOVT) asset resilience to evaluate the company's liquid asset resilience ratio.
Novanta Inc Defensive Interval Ratio by Year (1998–2025)
Novanta Inc defensive interval ratio by year from 1998 to 2025. The table below presents the year-by-year Defensive Interval Ratio for Novanta Inc from 1998 to 2025, covering 28 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 the complete balance sheet picture, see balance sheet size of Novanta Inc.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 318 days | $184.88 Million | $581.83K/day | $- | $- | ▼ -11 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 | $- | $0.00 | ▼ -27 days |
| 2016 | 330 days | $63.77 Million | $193.14K/day | $- | $0.00 | ▼ -52 days |
| 2015 | 383 days | $59.70 Million | $156.04K/day | $- | $0.00 | ▼ -4 days |
| 2014 | 386 days | $57.40 Million | $148.53K/day | $- | $0.00 | ▲ +24 days |
| 2013 | 363 days | $59.68 Million | $164.58K/day | $- | $0.00 | ▼ -31 days |
| 2012 | 393 days | $59.19 Million | $150.48K/day | $- | $0.00 | ▼ -64 days |
| 2011 | 457 days | $72.87 Million | $159.47K/day | $- | $0.00 | ▲ +74 days |
| 2010 | 383 days | $48.87 Million | $127.66K/day | $- | $- | ▲ +279 days |
| 2009 | 104 days | $80.53 Million | $774.40K/day | $- | $- | ▲ +0 days |
| 2008 | 104 days | $80.53 Million | $774.40K/day | $- | $- | ▼ -181 days |
| 2007 | 285 days | $93.38 Million | $327.68K/day | $- | $-46.00K | ▼ -284 days |
| 2006 | 569 days | $67.45 Million | $118.64K/day | $- | $- | ▼ -238 days |
| 2005 | 806 days | $91.27 Million | $113.18K/day | $- | $26.76 Million | ▲ +386 days |
| 2004 | 420 days | $65.60 Million | $156.15K/day | $- | $3.00 Million | ▼ -387 days |
| 2003 | 807 days | $97.44 Million | $120.80K/day | $- | $39.56 Million | ▲ +96 days |
| 2002 | 710 days | $71.22 Million | $100.28K/day | $- | $29.00 Million | ▲ +63 days |
| 2001 | 647 days | $92.68 Million | $143.22K/day | $- | $43.54 Million | ▲ +372 days |
| 2000 | 275 days | $103.42 Million | $375.65K/day | $- | $20.02 Million | ▼ -7 days |
| 1999 | 282 days | $87.70 Million | $310.96K/day | $- | $7.30 Million | ▼ -141 days |
| 1998 | 423 days | $32.60 Million | $76.99K/day | $- | $900.00K | — |