Novanta Inc.NOVTNASDAQ
Loading
Current Ratio Over TimeElevated
Percentile Rank93
3Y CAGR+13.0%
5Y CAGR+6.7%
Year-over-Year Change
Current ratio (current assets / current liabilities)
3Y CAGR
+13.0%/yr
vs -1.4%/yr prior
5Y CAGR
+6.7%/yr
Recent acceleration
Acceleration
+14.4pp
Accelerating
Percentile
P93
Near historical high
vs 5Y Ago
1.4x
Solid growth
Streak
1 yr
Consecutive growthElevated
| Period | Value | YoY Change |
|---|---|---|
| 2025 | 3.69 | +42.6% |
| 2024 | 2.58 | -13.4% |
| 2023 | 2.98 | +16.7% |
| 2022 | 2.56 | +25.8% |
| 2021 | 2.03 | -23.7% |
| 2020 | 2.66 | +17.9% |
| 2019 | 2.26 | -16.5% |
| 2018 | 2.70 | -7.8% |
| 2017 | 2.93 | +3.8% |
| 2016 | 2.83 | - |