Novonix Income Quality from 2010 to 2024

NVX Stock  USD 1.93  0.01  0.52%   
Novonix Income Quality yearly trend continues to be fairly stable with very little volatility. Income Quality is likely to outpace its year average in 2024. Income Quality is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. View All Fundamentals
 
Income Quality  
First Reported
2010-12-31
Previous Quarter
1.18015454
Current Value
1.24
Quarterly Volatility
0.38128641
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 M, Interest Expense of 3 M or Selling General Administrative of 47.1 M, as well as many indicators such as Price To Sales Ratio of 42.26, Dividend Yield of 0.0167 or PTB Ratio of 1.43. Novonix financial statements analysis is a perfect complement when working with Novonix Valuation or Volatility modules.
  
Check out the analysis of Novonix Correlation against competitors.

Latest Novonix's Income Quality Growth Pattern

Below is the plot of the Income Quality of Novonix Ltd ADR over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Novonix's Income Quality 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.
Income Quality10 Years Trend
Slightly volatile
   Income Quality   
       Timeline  

Novonix Income Quality Regression Statistics

Arithmetic Mean0.37
Geometric Mean0.23
Coefficient Of Variation102.47
Mean Deviation0.28
Median0.28
Standard Deviation0.38
Sample Variance0.15
Range1.173
R-Value0.79
Mean Square Error0.06
R-Squared0.63
Significance0.0004
Slope0.07
Total Sum of Squares2.04

Novonix Income Quality History

2024 1.24
2023 1.18
2022 0.34
2021 0.56
2020 0.45
2019 0.28
2018 0.15

About Novonix Financial Statements

Novonix investors use historical fundamental indicators, such as Novonix's Income Quality, 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 ReportedProjected for Next Year
Income Quality 1.18  1.24 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Novonix Stock Analysis

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.