Novonix Limited

Novonix Limitedverified

NVNXF

Price:

$0.432

Market Cap:

$213.30M

Novonix Limited develops and supplies battery materials, equipment, and services to the lithium-ion battery market in North America. It operates through three segments: Graphite Exploration and Mining, Battery Technology, and Battery Materials. The Graphite Exploration and Mining segment explores for graphite in Australia. The Battery Technology segment develops battery cell testing equipment and batteries, and consulting services. The Battery Materials segment develops and manufactures battery anode materials. The company is also involved in the investment and battery testing activities. Novonix Limited has strategic alliance with Harper International Corporation to develop specialized furn...[Read more]

Industry

Electrical Equipment & Parts

IPO Date

2021-01-08

Stock Exchange

PNK

Ticker

NVNXF

The Current Ratio as of November 2024 (TTM) for Novonix Limited (NVNXF) is 6.15

According to Novonix Limited’s latest financial reports and current stock price. The company's current Current Ratio is 6.15. This represents a change of -14.81% compared to the average of 7.22 of the last 4 quarters.

Novonix Limited (NVNXF) Historical Current Ratio (quarterly & annually)

How has NVNXF Current Ratio performed in the past?

The mean historical Current Ratio of Novonix Limited over the last ten years is 13.28. The current 6.15 Current Ratio has changed 4.53% with respect to the historical average. Over the past ten years (40 quarters), NVNXF's Current Ratio was at its highest in in the March 2022 quarter at 54.11. The Current Ratio was at its lowest in in the September 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

13.28

Median

11.37

Minimum

0.22

Maximum

33.27

Novonix Limited (NVNXF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Novonix Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 750.15%

Maximum Annual Current Ratio = 33.27

Minimum Annual Increase = -99.33%

Minimum Annual Current Ratio = 0.22

Quarterly (TTM)
Annual
YearCurrent RatioChange
202311.37-17.13%
202213.72-33.26%
202220.56-23.57%
202126.90160.46%
202010.33705.99%
20191.28-32.74%
20181.90750.15%
20170.22-99.33%

Novonix Limited (NVNXF) Average Current Ratio

How has NVNXF Current Ratio performed in the past?

The current Current Ratio of Novonix Limited (NVNXF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

15.22

5-year avg

16.58

10-year avg

13.28

Novonix Limited (NVNXF) Current Ratio vs. Peers

How is NVNXF’s Current Ratio compared to its peers?

Novonix Limited’s Current Ratio is greater than Flux Power Holdings, Inc. (1.10), less than NeoVolta Inc. (76.21), greater than Magnis Energy Technologies Limited (0.20), greater than Espey Mfg. & Electronics Corp. (3.49), greater than Novonix Limited (6.15), greater than Nexans S.A. (1.17), greater than China Carbon Graphite Group, Inc. (0.02), less than Ilika plc (7.86), greater than Zinc8 Energy Solutions Inc. (0.12), greater than FuelPositive Corporation (0.83), greater than Loop Energy Inc. (0.87), greater than Exro Technologies Inc. (0.33),

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