Novanta Inc Working Capital to Net Assets Ratio
Novanta Inc working capital to net assets ratio. Novanta Inc (NOVT) has a Working Capital to Net Assets ratio of 54.3% as of June 2026. Working capital of $877.65 Million (current assets of $1.12 Billion minus current liabilities of $245.88 Million) is measured against net assets of $1.62 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Novanta Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Novanta Inc (1998–2025)
Working capital to net assets ratio of Novanta Inc from 1998 to 2025. This chart shows how Novanta Inc's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1998 to 2025. As of June 2026, the ratio stands at 54.3%, reflecting working capital of $877.65 Million against net assets of $1.62 Billion USD. See how many days can Novanta Inc fund operations to measure how many days the company can operate on defensive assets alone.
Novanta Inc Working Capital to Net Assets Ratio by Year (1998–2025)
Novanta Inc working capital to net assets ratio by year from 1998 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Novanta Inc from 1998 to 2025, covering 28 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 NOVT total asset value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 43.4% | $570.23 Million | $1.31 Billion | $782.60 Million | $212.37 Million | ▲ +7.7 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 | ▼ -4.7 pp |
| 2017 | 52.9% | $189.71 Million | $358.47 Million | $287.88 Million | $98.17 Million | ▲ +3.2 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 | ▼ -8.7 pp |
| 2014 | 61.1% | $129.11 Million | $211.25 Million | $183.33 Million | $54.21 Million | ▲ +3.5 pp |
| 2013 | 57.6% | $139.73 Million | $242.40 Million | $199.80 Million | $60.07 Million | ▼ -9.6 pp |
| 2012 | 67.3% | $153.54 Million | $228.21 Million | $208.47 Million | $54.93 Million | ▼ -2.6 pp |
| 2011 | 69.9% | $146.31 Million | $209.36 Million | $204.52 Million | $58.21 Million | ▼ -124.9 pp |
| 2010 | 194.8% | $157.99 Million | $81.12 Million | $204.59 Million | $46.59 Million | ▲ +199.6 pp |
| 2009 | -4.9% | $-7.43 Million | $152.90 Million | $275.22 Million | $282.66 Million | ▲ +0.0 pp |
| 2008 | -4.9% | $-7.43 Million | $152.90 Million | $275.22 Million | $282.66 Million | ▼ -100.8 pp |
| 2007 | 96.0% | $267.06 Million | $278.24 Million | $386.67 Million | $119.60 Million | ▲ +23.8 pp |
| 2006 | 72.1% | $247.50 Million | $343.07 Million | $290.80 Million | $43.30 Million | ▲ +4.6 pp |
| 2005 | 67.5% | $207.06 Million | $306.56 Million | $248.37 Million | $41.31 Million | ▲ +10.4 pp |
| 2004 | 57.2% | $174.66 Million | $305.56 Million | $231.65 Million | $56.99 Million | ▼ -9.9 pp |
| 2003 | 67.0% | $174.85 Million | $260.79 Million | $218.95 Million | $44.09 Million | ▼ -0.6 pp |
| 2002 | 67.6% | $172.13 Million | $254.48 Million | $208.74 Million | $36.60 Million | ▼ -12.0 pp |
| 2001 | 79.6% | $224.79 Million | $282.33 Million | $277.06 Million | $52.27 Million | ▲ +13.6 pp |
| 2000 | 66.0% | $190.98 Million | $289.27 Million | $328.09 Million | $137.11 Million | ▲ +5.6 pp |
| 1999 | 60.4% | $103.70 Million | $171.70 Million | $217.20 Million | $113.50 Million | ▼ -10.7 pp |
| 1998 | 71.1% | $86.00 Million | $120.90 Million | $114.10 Million | $28.10 Million | — |