Novanta Inc Financial Flexibility Index
Novanta Inc financial flexibility index. Novanta Inc (NOVT) has a Financial Flexibility Index of 0.14x as of June 2026. Free cash flow of $73.69 Million (operating CF $66.23 Million minus capex $7.47 Million) represents 0% of total liabilities ($523.11 Million). See NOVT cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Novanta Inc (1998–2025)
Financial flexibility index of Novanta Inc from 1998 to 2025. Historical Financial Flexibility Index trend for Novanta Inc across 28 annual periods. Check NOVT cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Novanta Inc Financial Flexibility Index by Year (1998–2025)
Novanta Inc financial flexibility index by year from 1998 to 2025. Year-by-year free cash flow to debt coverage for Novanta Inc. For the full cash flow conversion analysis, see Novanta Inc (NOVT) cash conversion ratio.
| 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 | — |