Novanta Inc (NOVT) — Net Asset Quality Index
Novanta Inc (NOVT) has a Net Asset Quality Index of 53.2% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $1.51 Billion minus total liabilities of $704.34 Million yields net assets of $801.48 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check how resilient are Novanta Inc's assets to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Novanta Inc Net Asset Quality Index Over Time (1998–2024)
This chart shows how Novanta Inc's Net Asset Quality Index has evolved across 27 annual periods from 1998 to 2024. As of September 2025, the index stands at 53.2%, representing net assets of $801.48 Million against total assets of $1.51 Billion USD. See working capital to net assets of Novanta Inc to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Novanta Inc (1998–2024)
The table below presents the year-by-year Net Asset Quality Index for Novanta Inc from 1998 to 2024, covering 27 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see NOVT market cap overview.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 53.7% | $745.70 Million | $1.39 Billion | $642.81 Million | ▼ -1.2 pp |
| 2023 | 54.9% | $673.46 Million | $1.23 Billion | $552.60 Million | ▲ +8.4 pp |
| 2022 | 46.5% | $577.59 Million | $1.24 Billion | $663.63 Million | ▲ +4.1 pp |
| 2021 | 42.5% | $521.29 Million | $1.23 Billion | $706.59 Million | ▼ -12.7 pp |
| 2020 | 55.1% | $476.81 Million | $865.18 Million | $388.37 Million | ▲ +7.1 pp |
| 2019 | 48.0% | $417.17 Million | $869.74 Million | $452.56 Million | ▼ -3.2 pp |
| 2018 | 51.2% | $368.25 Million | $719.58 Million | $351.32 Million | ▲ +1.8 pp |
| 2017 | 49.3% | $358.47 Million | $726.70 Million | $368.24 Million | ▼ -11.5 pp |
| 2016 | 60.8% | $258.87 Million | $425.64 Million | $166.77 Million | ▲ +2.0 pp |
| 2015 | 58.8% | $244.70 Million | $416.05 Million | $171.34 Million | ▲ +5.7 pp |
| 2014 | 53.1% | $211.25 Million | $397.62 Million | $186.37 Million | ▼ -10.9 pp |
| 2013 | 64.0% | $242.40 Million | $378.81 Million | $136.40 Million | ▼ -3.6 pp |
| 2012 | 67.6% | $228.21 Million | $337.46 Million | $109.25 Million | ▲ +7.6 pp |
| 2011 | 60.1% | $209.36 Million | $348.50 Million | $139.14 Million | ▲ +39.1 pp |
| 2010 | 21.0% | $81.12 Million | $386.67 Million | $305.55 Million | ▼ -8.4 pp |
| 2009 | 29.4% | $152.90 Million | $520.32 Million | $367.42 Million | ▲ +0.0 pp |
| 2008 | 29.4% | $152.90 Million | $520.32 Million | $367.42 Million | ▼ -33.8 pp |
| 2007 | 63.2% | $278.24 Million | $440.21 Million | $161.97 Million | ▼ -20.2 pp |
| 2006 | 83.4% | $343.07 Million | $411.40 Million | $68.33 Million | ▲ +1.3 pp |
| 2005 | 82.1% | $306.56 Million | $373.44 Million | $66.89 Million | ▲ +3.0 pp |
| 2004 | 79.1% | $305.56 Million | $386.16 Million | $80.60 Million | ▼ -5.4 pp |
| 2003 | 84.5% | $260.79 Million | $308.60 Million | $47.81 Million | ▼ -1.2 pp |
| 2002 | 85.7% | $254.48 Million | $297.09 Million | $42.61 Million | ▲ +1.8 pp |
| 2001 | 83.9% | $282.33 Million | $336.69 Million | $54.36 Million | ▲ +16.8 pp |
| 2000 | 67.1% | $289.27 Million | $431.18 Million | $141.92 Million | ▲ +7.8 pp |
| 1999 | 59.3% | $171.70 Million | $289.70 Million | $118.00 Million | ▼ -20.0 pp |
| 1998 | 79.3% | $120.90 Million | $152.50 Million | $31.60 Million | — |