Novanta Inc Working Capital to Net Assets Ratio
Novanta Inc working capital to net assets ratio. Novanta Inc (1GSN) has a Working Capital to Net Assets ratio of 35.1% as of September 2025. Working capital of €281.56 Million (current assets of €468.42 Million minus current liabilities of €186.86 Million) is measured against net assets of €801.48 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Novanta Inc (2015–2024)
Working capital to net assets ratio of Novanta Inc from 2015 to 2024. This chart shows how Novanta Inc's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 35.1%, reflecting working capital of €281.56 Million against net assets of €801.48 Million EUR. Explore Novanta Inc long-term investment allocation to see how much of total assets are deployed in long-term investments.
Novanta Inc Working Capital to Net Assets Ratio by Year (2015–2024)
Novanta Inc working capital to net assets ratio by year from 2015 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Novanta Inc from 2015 to 2024, covering 10 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Novanta Inc asset portfolio.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 35.7% | €265.86 Million | €745.70 Million | €433.65 Million | €167.79 Million | ▼ -5.3 pp |
| 2023 | 41.0% | €276.12 Million | €673.46 Million | €415.30 Million | €139.18 Million | ▼ -3.3 pp |
| 2022 | 44.3% | €256.00 Million | €577.59 Million | €420.52 Million | €164.52 Million | ▲ +7.9 pp |
| 2021 | 36.4% | €189.89 Million | €521.29 Million | €373.82 Million | €183.94 Million | ▼ -3.4 pp |
| 2020 | 39.8% | €189.94 Million | €476.81 Million | €304.17 Million | €114.23 Million | ▼ -0.8 pp |
| 2019 | 40.7% | €169.67 Million | €417.17 Million | €304.51 Million | €134.85 Million | ▼ -7.5 pp |
| 2018 | 48.2% | €177.57 Million | €368.25 Million | €281.77 Million | €104.20 Million | ▼ -12.7 pp |
| 2017 | 60.9% | €189.71 Million | €311.55 Million | €287.88 Million | €98.17 Million | ▲ +11.2 pp |
| 2016 | 49.7% | €128.75 Million | €258.87 Million | €199.25 Million | €70.50 Million | ▼ -2.7 pp |
| 2015 | 52.4% | €128.26 Million | €244.70 Million | €185.21 Million | €56.95 Million | — |