Novonix Current Ratio from 2010 to 2025
| NVX Stock | USD 1.78 0.06 3.49% |
Current Ratio | First Reported 2010-12-31 | Previous Quarter 10.23 | Current Value 7.55 | Quarterly Volatility 8.21510341 |
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 Depreciation And Amortization of 5.7 M, Interest Expense of 3.4 M or Selling General Administrative of 36.9 M, as well as many indicators such as Price To Sales Ratio of 22.0, Dividend Yield of 0.0167 or PTB Ratio of 1.26. Novonix financial statements analysis is a perfect complement when working with Novonix Valuation or Volatility modules.
Novonix | Current Ratio |
Latest Novonix's Current Ratio Growth Pattern
Below is the plot of the Current Ratio of Novonix Ltd ADR over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Novonix's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Novonix's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 20.56 X | 10 Years Trend |
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Current Ratio |
| Timeline |
Novonix Current Ratio Regression Statistics
| Arithmetic Mean | 7.03 | |
| Geometric Mean | 1.40 | |
| Coefficient Of Variation | 116.93 | |
| Mean Deviation | 6.56 | |
| Median | 7.55 | |
| Standard Deviation | 8.22 | |
| Sample Variance | 67.49 | |
| Range | 26.8402 | |
| R-Value | 0.65 | |
| Mean Square Error | 42.01 | |
| R-Squared | 0.42 | |
| Significance | 0.01 | |
| Slope | 1.12 | |
| Total Sum of Squares | 1,012 |
Novonix Current Ratio History
About Novonix Financial Statements
Novonix investors use historical fundamental indicators, such as Novonix's Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Novonix. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Current Ratio | 10.23 | 7.55 |
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When running Novonix's price analysis, check to measure Novonix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Novonix is operating at the current time. Most of Novonix's value examination focuses on studying past and present price action to predict the probability of Novonix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novonix's price. Additionally, you may evaluate how the addition of Novonix to your portfolios can decrease your overall portfolio volatility.