Novonix Financial Statements From 2010 to 2025
| NVNXF Stock | USD 0.43 0.03 7.50% |
Check Novonix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novonix's main balance sheet or income statement drivers, such as , as well as many indicators such as . Novonix financial statements analysis is a perfect complement when working with Novonix Valuation or Volatility modules.
Novonix |
Novonix Company Return On Equity Analysis
Novonix's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Novonix Return On Equity | -0.26 |
Most of Novonix's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Novonix is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Novonix has a Return On Equity of -0.2604. This is 159.18% lower than that of the Industrials sector and significantly lower than that of the Electrical Equipment & Parts industry. The return on equity for all United States stocks is 16.0% lower than that of the firm.
Novonix Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Novonix's current stock value. Our valuation model uses many indicators to compare Novonix value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Novonix competition to find correlations between indicators driving Novonix's intrinsic value. More Info.Novonix is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Novonix's earnings, one of the primary drivers of an investment's value.About Novonix Financial Statements
Novonix stakeholders use historical fundamental indicators, such as Novonix's revenue or net income, to determine how well the company is positioned to perform in the future. Although Novonix investors may analyze each financial statement separately, they are all interrelated. For example, changes in Novonix's assets and liabilities are reflected in the revenues and expenses on Novonix's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Novonix. Please read more on our technical analysis and fundamental analysis pages.
Novonix Limited develops and supplies battery materials, equipment, and services to the lithium-ion battery market in North America. Novonix Limited was incorporated in 2012 and is based in Brisbane, Australia. Novonix is traded on OTC Exchange in the United States.
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Other Information on Investing in Novonix Pink Sheet
Novonix financial ratios help investors to determine whether Novonix Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Novonix with respect to the benefits of owning Novonix security.