Novonix Interest Expense from 2010 to 2024

NVX Stock  USD 1.98  0.71  26.39%   
Novonix Interest Expense yearly trend continues to be fairly stable with very little volatility. Interest Expense is likely to outpace its year average in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2016-12-31
Previous Quarter
M
Current Value
1.9 M
Quarterly Volatility
727.7 K
 
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 16.1 M, as well as many indicators such as Price To Sales Ratio of 28.82, Dividend Yield of 0.0167 or PTB Ratio of 1.4. 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 Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Novonix Ltd ADR over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Novonix's Interest Expense 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.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Novonix Interest Expense Regression Statistics

Arithmetic Mean894,060
Geometric Mean193,591
Coefficient Of Variation120.40
Mean Deviation890,753
Median486,808
Standard Deviation1,076,483
Sample Variance1.2T
Range3M
R-Value0.83
Mean Square Error390.6B
R-Squared0.69
Significance0.0001
Slope199,516
Total Sum of Squares16.2T

Novonix Interest Expense History

2024M
20232.8 M
20221.3 M
20211.5 M
2020229.4 K
20192.4 M
20181.1 M

About Novonix Financial Statements

Novonix investors use historical fundamental indicators, such as Novonix's Interest Expense, 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
Interest Expense2.8 MM

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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.