Novonix Limited

Novonix Limitedverified

NVX

Price:

$1.93

Market Cap:

$238.24M

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

2022-02-02

Stock Exchange

NASDAQ

Ticker

NVX

The Current Ratio as of November 2024 (TTM) for Novonix Limited (NVX) 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 40.47% compared to the average of 4.38 of the last 4 quarters.

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

How has NVX Current Ratio performed in the past?

The mean historical Current Ratio of Novonix Limited over the last ten years is 12.76. The current 6.15 Current Ratio has changed 4.72% with respect to the historical average. Over the past ten years (40 quarters), NVX's Current Ratio was at its highest in in the December 2021 quarter at 54.11. The Current Ratio was at its lowest in in the December 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

12.76

Median

10.85

Minimum

0.22

Maximum

33.27

Novonix Limited (NVX) 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 = -97.21%

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%
20170.22-97.21%
20168.04-75.83%

Novonix Limited (NVX) Average Current Ratio

How has NVX Current Ratio performed in the past?

The current Current Ratio of Novonix Limited (NVX) 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

12.76

Novonix Limited (NVX) Current Ratio vs. Peers

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

Novonix Limited’s Current Ratio is greater than Magnis Energy Technologies Limited (0.20), greater than Exro Technologies Inc. (1.19), less than Ilika plc (7.86), greater than FuelPositive Corporation (0.83), less than NeoVolta Inc. (16.35), greater than Hayward Holdings, Inc. (2.62), greater than Espey Mfg. & Electronics Corp. (3.55), greater than Advanced Energy Industries, Inc. (4.62), less than NeoVolta Inc. (16.35), greater than Kimball Electronics, Inc. (2.28), greater than ADS-TEC Energy PLC (1.48), less than Novonix Limited (6.15), greater than Nexans S.A. (1.17), greater than China Carbon Graphite Group, Inc. (0.02), greater than Flux Power Holdings, Inc. (1.10),

Build a custom stock screener for Novonix Limited (NVX) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Novonix Limited using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Novonix Limited (NVX) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Novonix Limited or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Novonix Limited's Current Ratio?

How is the Current Ratio calculated for Novonix Limited (NVX)?

What is the highest Current Ratio for Novonix Limited (NVX)?

What is the 3-year average Current Ratio for Novonix Limited (NVX)?

What is the 5-year average Current Ratio for Novonix Limited (NVX)?

How does the current Current Ratio for Novonix Limited (NVX) compare to its historical average?