Novanta Stock

Novanta Current Ratio

The Current Ratio of Novanta (NOVT) as of Aug 11, 2026 is 2.69. In the previous year, Current Ratio was 2.23 — a change of 20.64% (higher).

Current Ratio

2.69

YoY

20.64%

Last updated:

Current Ratio of Novanta is 2026 2.69 . Current Ratio of Novanta was 2025 2.23 . It decreases by 20.64% higher compared to the previous year.
Access this data via the Eulerpool API

Novanta Stock analysis

What does Novanta do? Novanta Inc is a leading manufacturer of precision equipment and components, specializing in innovative solutions in laser processing, precision drives, optical technology, and medical technology. The company was founded in 1968 and has since grown into a global company with offices worldwide. Novanta Inc focuses on technological innovation and differentiated products in areas with higher growth potential than the general economy. They specialize in four interconnected business areas: medical technology, industrial manufacturing, imaging, and components/technologies. They are proud to provide industry-leading products based on performance, precision, and reliability, and they work closely with customers to develop tailored solutions. The company invests heavily in research and development and offers high levels of customer service and technical support. The medical technology sector supplies a variety of customers, from large hospital chains to small practices, with products such as surgical tools, critical monitoring systems, and telemedicine technology. In industrial manufacturing, Novanta Inc offers laser machines, automation systems, and precision components for various applications. In the imaging sector, they provide solutions for automation, optical imaging, and sensing. Lastly, in the components/technologies sector, they offer a range of products used in markets such as defense and robotics, including torque sensors, precision motors, laser optics, and motion control systems. Novanta Inc has a strong national and international presence and is dedicated to meeting customer needs through customized solutions. They continue to invest in research and development to develop industry-leading products that deliver high performance, reliability, and precision. The answer is: Novanta Inc is a leading manufacturer of precision equipment and components, specializing in innovative solutions in laser processing, precision drives, optical technology, and medical technology. They have grown into a global company with offices worldwide and offer tailored solutions to meet customer needs. They focus on technological innovation and differentiated products in sectors with higher growth potential. Novanta is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Novanta stock

Current Ratio of Novanta is 2.69 in 2026.

Current Ratio of Novanta changed from 2.23 to 2.69, representing a 20.64% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Current Ratio Novanta since 2006 – with annual values, charts, and detailed analysis.

The Current Ratio measures a company's ability to pay short-term obligations. A ratio above 1 indicates that current assets exceed current liabilities.

Current Ratio = Current Assets / Current Liabilities

A 'good' varies by industry and company stage. On Eulerpool, you can compare Current Ratio's Novanta with sector peers and the industry average to assess whether it is attractive.

Access this data via the Eulerpool API

Leverage — Novanta

All Key Metrics — Novanta