Novanta (NOVT) Financials

The income statement for Novanta Inc (NOVT) provides a detailed overview of the company's financial performance. It outlines the revenues generated, expenses incurred, and the resulting net income. Gross profit, which represents revenue minus the cost of goods sold, is also included in the statement. This figure is an important indicator of a company's profitability. Novanta Inc reported a gross profit of $381.89 million for the latest fiscal year.

The earnings before interest and taxes (EBIT) figure is another key component of the income statement. It represents the company's operating profit before deducting interest and tax expenses. Novanta Inc reported an EBIT of $123.31 million for the latest fiscal year. EBITDA, which stands for earnings before interest, taxes, depreciation, and amortization, is also calculated to provide a clearer picture of the company's operating performance. Novanta Inc's EBITDA for the latest fiscal year was $169.92 million.

Net income, also referred to as net profit or net earnings, is the final figure on the income statement. It represents the company's total earnings after all expenses have been deducted. Novanta Inc recorded a net income of $72.87 million for the latest fiscal year. This indicates the company's overall profitability.

Moving on to the balance sheet, it provides a snapshot of Novanta Inc's financial position at a specific point in time. It lists the company's assets, liabilities, and stockholders' equity. The total assets represent the company's resources, including cash, inventories, property, and equipment. Novanta Inc's total assets for the latest fiscal year amounted to $1.22 billion.

Total liabilities, on the other hand, represent the company's obligations and debts. This includes loans, accounts payable, and other financial obligations. Novanta Inc reported total liabilities of $552.59 million for the latest fiscal year. Stockholders' equity, often referred to as shareholders' equity, represents the company's net worth. It is calculated by subtracting total liabilities from total assets. Novanta Inc's stockholders' equity for the latest fiscal year was $673.46 million.

Novanta Inc's cash flow statement provides insights into the company's sources and uses of cash during a specific period. It includes three sections: operating cash flow, investing cash flow, and financing cash flow. Operating cash flow represents the cash generated from the company's core operations. Novanta Inc reported an operating cash flow of $109.51 million for the latest fiscal year.

Investing cash flow represents the cash used for investment purposes, such as acquiring or selling assets. Novanta Inc's investing cash flow for the latest fiscal year was $XXX million. Financing cash flow represents the cash flows from financing activities, including issuing or repurchasing stocks, issuing or repaying debt, and paying dividends. Novanta Inc's financing cash flow for the latest fiscal year was -$87.29 million.

Free cash flow, a key metric for investors, represents the cash left over after subtracting capital expenditures from operating cash flow. It is an important measure of a company's ability to generate cash for growth or debt repayment. Novanta Inc's free cash flow for the latest fiscal year was $89.55 million.

Lastly, Novanta Inc's net debt represents the company's total debt minus its cash and cash equivalents. Novanta Inc's net debt for the latest fiscal year was $299.5 million.