Novanta Inc (NOVT) — Financial Flexibility Index
Novanta Inc (NOVT) has a Financial Flexibility Index of 0.11x as of March 2026. Free cash flow of $54.45 Million (operating CF $50.31 Million minus capex $4.14 Million) represents 0% of total liabilities ($488.03 Million). Check NOVT cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Novanta Inc Financial Flexibility Index (1998–2025)
Historical Financial Flexibility Index trend for Novanta Inc across 28 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Novanta Inc.
Annual Financial Flexibility Index for Novanta Inc (1998–2025)
Year-by-year free cash flow to debt coverage for Novanta Inc. Explore Novanta Inc (NOVT) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.16x | $79.68 Million | $64.06 Million | $492.82 Million | ▼ -40.8% |
| 2024 | 0.27x | $175.67 Million | $158.51 Million | $642.81 Million | ▲ +7.8% |
| 2023 | 0.25x | $140.04 Million | $120.08 Million | $552.60 Million | ▲ +52.3% |
| 2022 | 0.17x | $110.42 Million | $90.78 Million | $663.63 Million | ▲ +0.7% |
| 2021 | 0.17x | $116.80 Million | $94.62 Million | $706.59 Million | ▼ -57.4% |
| 2020 | 0.39x | $150.76 Million | $140.24 Million | $388.37 Million | ▲ +137.4% |
| 2019 | 0.16x | $73.99 Million | $63.25 Million | $452.56 Million | ▼ -44.9% |
| 2018 | 0.30x | $104.31 Million | $89.65 Million | $351.32 Million | ▲ +50.9% |
| 2017 | 0.20x | $72.47 Million | $63.38 Million | $368.24 Million | ▼ -41.7% |
| 2016 | 0.34x | $56.25 Million | $47.79 Million | $166.77 Million | ▲ +48.3% |
| 2015 | 0.23x | $38.97 Million | $33.42 Million | $171.34 Million | ▼ -11.2% |
| 2014 | 0.26x | $47.70 Million | $42.29 Million | $186.37 Million | ▼ -35.6% |
| 2013 | 0.40x | $54.19 Million | $49.20 Million | $136.40 Million | ▲ +32.6% |
| 2012 | 0.30x | $32.74 Million | $28.43 Million | $109.25 Million | ▼ -15.6% |
| 2011 | 0.35x | $49.39 Million | $45.17 Million | $139.14 Million | ▲ +5316.8% |
| 2010 | -0.01x | $-2.08 Million | $-4.74 Million | $305.55 Million | ▼ -100.6% |
| 2009 | 1.16x | $425.56 Million | $38.90 Million | $367.42 Million | ▲ +0.0% |
| 2008 | 1.16x | $425.56 Million | $38.90 Million | $367.42 Million | ▲ +345.3% |
| 2007 | 0.26x | $42.13 Million | $37.49 Million | $161.97 Million | ▼ -59.4% |
| 2006 | 0.64x | $43.82 Million | $35.26 Million | $68.33 Million | ▲ +409.7% |
| 2005 | 0.13x | $8.41 Million | $4.86 Million | $66.89 Million | ▼ -73.2% |
| 2004 | 0.47x | $37.81 Million | $35.40 Million | $80.60 Million | ▼ -48.4% |
| 2003 | 0.91x | $43.45 Million | $21.83 Million | $47.81 Million | ▲ +164.0% |
| 2002 | 0.34x | $14.67 Million | $11.72 Million | $42.61 Million | ▲ +311.7% |
| 2001 | -0.16x | $-8.84 Million | $-17.48 Million | $54.36 Million | ▼ -29486.1% |
| 2000 | 0.00x | $-78.00K | $-10.22 Million | $141.92 Million | ▼ -100.7% |
| 1999 | 0.08x | $9.50 Million | $-4.40 Million | $118.00 Million | ▼ -68.6% |
| 1998 | 0.26x | $8.10 Million | $-7.00 Million | $31.60 Million | — |