Novanta (NOVT) Quick Ratio: History & Chart

Novanta Inc.(NOVT)

Hardware, Equipment & Parts · Bedford, MA

$153.30+2.69 (+1.79%)

Delayed quote: Oct 6, 2026, 11:10 AM EDT

About Novanta Inc.

Operating globally, Novanta Inc. and its affiliated companies specialize in the development, production, and distribution of advanced photonics, vision, and precision motion components and sub-assemblies. These highly engineered solutions are supplied to Original Equipment Manufacturers (OEMs) across the medical and industrial sectors. Within its Photonics division, Novanta provides a suite of laser-driven technologies. These encompass systems for laser scanning, beam manipulation, and various laser types such as CO2, solid-state, ultrafast, and optical light engines. Their applications span critical areas like industrial manufacturing, precision measurement (metrology), advanced imaging in healthcare and biological research, DNA sequencing, and specialized medical laser treatments. The Vision segment delivers an array of medical-grade innovations. This portfolio comprises instruments like medical insufflators, pumps, and their associated consumables, alongside comprehensive visualization tools. It also features wireless communication systems, video recording devices, and integration platforms designed for operating theaters. Further offerings include optical data acquisition, machine vision systems, radio frequency identification (RFID) solutions, thermal recording devices, spectrometry equipment, and integrated touchscreen displays. Furthermore, the Precision Motion division specializes in supplying components such as optical and inductive encoders, high-precision motors, servo drives, and complete motion control systems. This segment also delivers integrated stepper motors, sophisticated robotic end-effectors, air bearings, and air bearing spindles. Novanta distributes its extensive product lines through various channels, including its dedicated direct sales team, value-added resellers, distribution partners, and system integrators. These offerings are available under well-known brand names such as Cambridge Technology, Synrad, Laser Quantum, ARGES, WOM, NDS, NDSsi, Med X Change, Reach Technology, JADAK, ThingMagic, Photo Research, Celera Motion, MicroE, Zettlex, Applimotion, Ingenia, and Westwind. Founded in 1968, the company operated as GSI Group, Inc. until its rebranding to Novanta Inc. in May 2016. Its corporate headquarters are located in Bedford, Massachusetts.

Bedford, MA

3,000 employees

www.novanta.com

Technology / Hardware, Equipment & Parts

Sector: Technology
Industry: Hardware, Equipment & Parts
CEO: Matthijs Glastra

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NOVT Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

3.79

QUICK RATIO (ACID-TEST) AVG TTM

2.70

QUICK RATIO (ACID-TEST) AVG 3Y

1.82

QUICK RATIO (ACID-TEST) AVG 5Y

1.60

QUICK RATIO (ACID-TEST) AVG 10Y

1.72

QUICK RATIO (ACID-TEST) AVG 15Y

1.96

QUICK RATIO (ACID-TEST) AVG 20Y

1.92

CURRENT VS TTM AVG

+39.99%

CURRENT VS 3Y AVG

+108.02%

CURRENT VS 5Y AVG

+136.27%

CURRENT VS 10Y AVG

+119.81%

CURRENT VS 15Y AVG

+92.83%

CURRENT VS 20Y AVG

+97.09%

SECTOR MEDIAN · TECHNOLOGY

1.73

median of 510 covered companies

CURRENT VS SECTOR MEDIAN

+118.19%

vs the sector median at left

NAME	MARKET CAP	QUICK RATIO (ACID-TEST)	TTM	3Y	5Y
Novanta Inc. (NOVT)	$5.46B	3.79	2.70	1.82	1.60
ExlService Holdings, Inc. (EXLS)vs ›	$5.46B	1.24	2.65	2.39	2.24
Core Scientific, Inc. (CORZ)vs ›	$5.44B	0.89	3.93	2.13	1.99
Open Text Corporation (OTEX)vs ›	$5.52B	0.81	0.81	0.78	1.05
Octave Intelligence plc (OCTV)vs ›	$5.37B	1.03	1.00	1.00	1.00
Varonis Systems, Inc. (VRNS)vs ›	$5.63B	1.65	1.58	2.37	2.69
Genpact Limited (G)vs ›	$5.67B	2.00	1.91	1.72	1.63
Maase Inc. (MAAS)vs ›	$5.67B	N/A	N/A	N/A	N/A
EPAM Systems, Inc. (EPAM)vs ›	$5.69B	2.75	2.77	3.51	3.52
ACI Worldwide, Inc. (ACIW)vs ›	$5.22B	1.58	1.59	1.46	1.39

NAME

MARKET CAP

QUICK RATIO (ACID-TEST)

TTM

Novanta Inc. (NOVT)

$5.46B

3.79

2.70

1.82

1.60

ExlService Holdings, Inc. (EXLS)vs ›

$5.46B

1.24

2.65

2.39

2.24

Core Scientific, Inc. (CORZ)vs ›

$5.44B

0.89

3.93

2.13

1.99

Open Text Corporation (OTEX)vs ›

$5.52B

0.81

0.78

1.05

Octave Intelligence plc (OCTV)vs ›

$5.37B

1.03

1.00

Varonis Systems, Inc. (VRNS)vs ›

$5.63B

1.65

1.58

2.37

2.69

Genpact Limited (G)vs ›

$5.67B

2.00

1.91

1.72

1.63

Maase Inc. (MAAS)vs ›

$5.67B

N/A

EPAM Systems, Inc. (EPAM)vs ›

$5.69B

2.75

2.77

3.51

3.52

ACI Worldwide, Inc. (ACIW)vs ›

$5.22B

1.58

1.59

1.46

1.39

Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for Novanta Inc. (NOVT)?

The quick ratio (acid-test) for NOVT stock is 3.79.

Is Novanta Inc.'s quick ratio (acid-test) high or low?

The quick ratio (acid-test) of 3.79 is 136% above its 5-year average of 1.60, near the high end of its 5-year range (1.24–3.79).

What is the TTM average quick ratio (acid-test) for Novanta Inc. (NOVT)?

The TTM average quick ratio (acid-test) for NOVT stock is 2.70.

What is the 3Y average quick ratio (acid-test) for Novanta Inc. (NOVT)?

The 3Y average quick ratio (acid-test) for NOVT stock is 1.82.

What is the 5Y average quick ratio (acid-test) for Novanta Inc. (NOVT)?

The 5Y average quick ratio (acid-test) for NOVT stock is 1.60.

What is the 10Y average quick ratio (acid-test) for Novanta Inc. (NOVT)?

The 10Y average quick ratio (acid-test) for NOVT stock is 1.72.

What is the 15Y average quick ratio (acid-test) for Novanta Inc. (NOVT)?

The 15Y average quick ratio (acid-test) for NOVT stock is 1.96.

What is the 20Y average quick ratio (acid-test) for Novanta Inc. (NOVT)?

The 20Y average quick ratio (acid-test) for NOVT stock is 1.92.

DATE	QUICK RATIO (ACID-TEST)
2026-07-03	3.79
2026-04-03	2.69
2025-12-31	2.80
2025-09-26	1.54
2025-06-27	1.62
2025-03-28	1.70
2024-12-31	1.72
2024-09-27	1.81
2024-06-28	1.73
2024-03-29	1.77
2023-12-31	1.91
2023-09-29	1.72
2023-06-30	1.85
2023-03-31	1.67
2022-12-31	1.53
2022-09-30	1.55
2022-07-01	1.24
2022-04-01	1.29
2021-12-31	1.35
2021-10-01	1.24
2021-07-02	1.90
2021-04-02	1.87
2020-12-31	1.85
2020-10-02	1.51
2020-07-03	1.57
2020-04-03	1.37
2019-12-31	1.39
2019-09-27	1.43
2019-06-28	1.74
2019-03-29	1.78
2018-12-31	1.70
2018-09-28	1.97
2018-06-29	2.14
2018-03-30	2.18
2017-12-31	2.00
2017-09-29	2.00
2017-06-30	2.03
2017-03-31	2.04
2016-12-31	1.98
2016-09-30	2.04
2016-07-01	2.00
2016-04-01	2.22
2015-12-31	2.21
2015-10-02	2.52
2015-07-03	2.46
2015-04-03	2.19
2014-12-31	2.22
2014-09-26	2.09
2014-06-27	2.02
2014-03-28	2.00
2013-12-31	2.39
2013-09-27	2.10
2013-06-28	2.21
2013-03-29	2.16
2012-12-31	2.83
2012-09-28	2.61
2012-06-29	2.65
2012-03-30	2.28
2011-12-31	2.76
2011-09-30	2.71
2011-07-01	3.04
2011-04-01	2.78
2010-12-31	2.55
2010-10-01	2.28
2010-07-02	2.29
2010-04-02	2.41
2009-12-31	1.96
2009-10-02	0.61
2009-07-03	0.63
2009-04-03	0.60
2008-12-31	0.70
2008-09-26	0.68
2008-06-27	5.52
2008-03-28	5.93
2007-12-31	6.60
2007-09-28	5.19
2007-06-29	4.59
2007-03-30	5.27
2006-12-31	5.04
2006-09-29	3.88
2006-06-30	3.50
2006-03-31	4.23
2005-12-31	4.48
2005-09-30	4.12
2005-07-01	3.96
2005-04-01	3.45
2004-12-31	3.01
2004-10-01	2.70
2004-07-02	2.77
2004-04-02	3.68
2003-12-31	3.97
2003-09-26	4.90
2003-06-27	5.19
2003-03-28	4.88
2002-12-31	4.62
2002-09-27	3.20

DATE

QUICK RATIO (ACID-TEST)

2026-07-03

3.79

2026-04-03

2.69

2025-12-31

2.80

2025-09-26

1.54

2025-06-27

1.62

2025-03-28

1.70

2024-12-31

1.72

2024-09-27

1.81

2024-06-28

1.73

2024-03-29

1.77

2023-12-31

1.91

2023-09-29

1.72

2023-06-30

1.85

2023-03-31

1.67

2022-12-31

1.53

2022-09-30

1.55

2022-07-01

1.24

2022-04-01

1.29

2021-12-31

1.35

2021-10-01

1.24

2021-07-02

1.90

2021-04-02

1.87

2020-12-31

1.85

2020-10-02

1.51

2020-07-03

1.57

2020-04-03

1.37

2019-12-31

1.39

2019-09-27

1.43

2019-06-28

1.74

2019-03-29

1.78

2018-12-31

1.70

2018-09-28

1.97

2018-06-29

2.14

2018-03-30

2.18

2017-12-31

2.00

2017-09-29

2.00

2017-06-30

2.03

2017-03-31

2.04

2016-12-31

1.98

2016-09-30

2.04

2016-07-01

2.00

2016-04-01

2.22

2015-12-31

2.21

2015-10-02

2.52

2015-07-03

2.46

2015-04-03

2.19

2014-12-31

2.22

2014-09-26

2.09

2014-06-27

2.02

2014-03-28

2.00

2013-12-31

2.39

2013-09-27

2.10

2013-06-28

2.21

2013-03-29

2.16

2012-12-31

2.83

2012-09-28

2.61

2012-06-29

2.65

2012-03-30

2.28

2011-12-31

2.76

2011-09-30

2.71

2011-07-01

3.04

2011-04-01

2.78

2010-12-31

2.55

2010-10-01

2.28

2010-07-02

2.29

2010-04-02

2.41

2009-12-31

1.96

2009-10-02

0.61

2009-07-03

0.63

2009-04-03

0.60

2008-12-31

0.70

2008-09-26

0.68

2008-06-27

5.52

2008-03-28

5.93

2007-12-31

6.60

2007-09-28

5.19

2007-06-29

4.59

2007-03-30

5.27

2006-12-31

5.04

2006-09-29

3.88

2006-06-30

3.50

2006-03-31

4.23

2005-12-31

4.48

2005-09-30

4.12

2005-07-01

3.96

2005-04-01

3.45

2004-12-31

3.01

2004-10-01

2.70

2004-07-02

2.77

2004-04-02

3.68

2003-12-31

3.97

2003-09-26

4.90

2003-06-27

5.19

2003-03-28

4.88

2002-12-31

4.62

2002-09-27

3.20

Quick Ratio (Acid-Test): 3.79

NOVT Quick Ratio

NOVT Average Quick Ratio (Acid-Test) Chart

NOVT Current vs Average Quick Ratio (Acid-Test) Chart

NOVT Quick Ratio (Acid-Test) Metrics

NOVT Competitors' Quick Ratio (Acid-Test)

Liquidity Comparison

Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio (Acid-Test) FAQ

NOVT Quick Ratio (Acid-Test) History

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