Novanta Inc. (NOVT) financial statements (2021 and earlier)

Company profile

Business Address 125 MIDDLESEX TURNPIKE
BEDFORD, MA 01730
State of Incorp. NB
Fiscal Year End December 31
SIC 369 - Miscellaneous Electrical Machinery, Equipment, and Supplies (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1257982100686051
Cash and cash equivalents1257982100686051
Receivables75918481646057
Inventory, net of allowances, customer advances and progress billings9311710591606063
Inventory9311710591606063
Disposal group, including discontinued operation      1
Other undisclosed current assets111811158611
Total current assets:304305282288199185183
Noncurrent Assets
Operating lease, right-of-use asset3435
Property, plant and equipment79786562354140
Long-term investments and receivables      8
Long-term investments      8
Intangible assets, net (including goodwill)435441361366170170158
Goodwill28627521821110810391
Intangible assets, net (excluding goodwill)149166143155626667
Deferred income tax assets10 
Other noncurrent assets3324131315
Other undisclosed noncurrent assets 99798(5)
Total noncurrent assets:561565438439226231216
TOTAL ASSETS:865870720727426416399
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities10312510089633938
Accounts payable43535140322426
Accrued liabilities547046432733
Employee-related liabilities     78
Taxes payable6236441
Debt61059778
Disposal group, including discontinued operation      0
Other liabilities      9
Other undisclosed current liabilities6    100
Total current liabilities:11413510498705754
Noncurrent Liabilities
Long-term debt and lease obligation2282492032267188117
Long-term debt, excluding current maturities1952152032267188108
Capital lease obligations    10
Operating lease, liability3334
Liabilities, other than long-term debt46422219242635
Accounts payable and accrued liabilities55446610
Deferred income tax liabilities24 
Liability, pension and other postretirement and postemployment benefits      6
Other liabilities17371715191919
Other undisclosed noncurrent liabilities 27232610(19)
Total noncurrent liabilities:27431824727096114133
Total liabilities:388453351368167171188
Temporary equity, carrying amount   47   
Stockholders' equity
Stockholders' equity attributable to parent477417368312259245211
Common stock424424424424424424424
Additional paid in capital59504633302929
Accumulated other comprehensive loss(12)(18)(23)(18)(28)(19)(16)
Retained earnings (accumulated deficit)6(38)(79)(128)(168)(190)(225)
Stockholders' equity attributable to noncontrolling interest      0
Total stockholders' equity:477417368312259245211
TOTAL LIABILITIES AND EQUITY:865870720727426416399

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues591626614521385374365
Revenue, net  374365
Cost of revenue(346)(364)(353)(301)(222)(216)(215)
Cost of goods and services sold(346)(364)(353)(10)(7)(7)(215)
Other undisclosed gross profit      1
Gross profit:245262262221162158150
Operating expenses(189)(207)(191)(163)(130)(129)(167)
Operating income (loss):565571573329(17)
Nonoperating income (expense)(1)(1)0(0)534
Foreign currency transaction gain (loss), before tax(1)(1)0(0)2(0)1
Other nonoperating income (expense)0(0)(0)0233
Interest and debt expense(1)(1)(1)(1)   
Income (loss) from continuing operations before equity method investments, income taxes:545370563732(13)
Income from equity method investments      3
Other undisclosed income (loss) from continuing operations before income taxes(6)(7)(9)20(5)14(8)
Income (loss) from continuing operations before income taxes:484661763346(18)
Income tax expense (benefit)(4)(5)(10)(14)(11)(10)1
Income (loss) from continuing operations:454151622236(17)
Loss from discontinued operations     (0)(7)
Net income (loss):454151622236(24)
Other undisclosed net loss attributable to parent  (2)(2)  (0)
Net income (loss) attributable to parent:454149602236(24)
Preferred stock dividends and other adjustments   (20)   
Net income (loss) available to common stockholders, diluted:454149402236(24)

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):454151622236(24)
Other comprehensive income (loss)64(5)10(9)(2)(10)
Comprehensive income (loss):504546721333(34)
Comprehensive loss, net of tax, attributable to noncontrolling interest  (2)(2)  (0)
Comprehensive income (loss), net of tax, attributable to parent:504544701333(34)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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