Novanta (MEX:NOVT) Deferred Tax : MXN-252 Mil (TTM As of Mar. 2024)

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What is Novanta Deferred Tax?

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Novanta's change in deferred tax for the three months ended in Mar. 2024 was MXN-62 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Mar. 2024 was MXN-252 Mil.

Novanta Deferred Tax Historical Data

The historical data trend for Novanta's Deferred Tax can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Novanta Deferred Tax Chart

Novanta Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Deferred Tax

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-81.70

-81.82

-80.93

-363.68

-249.96

Novanta Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Deferred Tax	Get a 7-Day Free Trial															-66.60	-68.06	-81.22	-40.70	-61.59

Novanta Deferred Tax Calculation

Deferred Tax for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-252 Mil.

Novanta Deferred Tax Related Terms

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Novanta (MEX:NOVT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Novanta Inc (MEX:NOVT) » Definitions » Deferred Tax

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NOVT:USA 0VAG:UK

Address

125 Middlesex Turnpike, Bedford, MA, USA, 01730

Website

https://www.novanta.com

Novanta Inc manufactures photonic and motion-control components for original equipment manufacturers in the medical equipment and industrial technology markets. The firm operates in three segments: photonics, vision, and precision motion. The photonics segment, which sells photonics-based products that include carbon dioxide lasers, laser scanning, super-resolution imaging lasers, and laser beam delivery items. The vision segment sells medical-grade technologies, including visualization solutions, imaging informatics products, and thermal printers contributing the majority of revenue. The precision motion segment sells optical encoders, motion control technology, and precision machined components. The firm generates the majority of its revenue from the United States and Europe.